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Recent Developments In India's Corporate And Commercial Laws - April 2026
April 2026 will be remembered as a watershed month in Indian corporate and commercial regulation. Within a single calendar month, the President assented to a sweeping rewrite of the insolvency code, the Ministry of Corporate Affairs (“MCA”) opened a one-time compliance amnesty window and a parallel public consultation on rationalising incorporation rules, the Securities and Exchange Board of India (“SEBI”) operationalised significant changes to the ICDR framework and the Mutual Funds Regulations, and the Income-tax Act, 2025 took effect, replacing a sixty-year-old statute.
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