All Topics

India's securities regulator has taken interim action against two entities for allegedly manipulating the closing price of the BSE SENSEX through strategic order placement and cancellation during the newly introduced Closing Auction Session. The investigation reveals how large buy and sell orders were used to influence the Indicative Equilibrium Price in coordination with expiry-day derivatives positions, raising questions about market manipulation tactics under the reformed price discovery mechanism.

The question of whether the Real Estate (Regulation and Development) Authority (RERA) has jurisdiction over completed projects with pending defect liability periods presents a nuanced legal position. Based on authoritative judicial precedents and statutory interpretation, RERA generally does not have jurisdiction over projects that have already received completion certificates, even if the 5-year defect liability period under Section 14(3) of the RERA Act, 2016 is still ongoing.

The Parliamentary Standing Committee on Commerce’s August 2026 report, Doing Business in India: The Way Forward, acknowledges the scale of that effort. Under the Reducing Compliance Burden initiative, more than 47,000 compliance requirements have been reduced, simplified, digitised or decriminalised.