Newsletter on Legal & Regulatory Updates- July 2026 Issue No. 7

Newsletter on Legal & Regulatory Updates- July 2026 Issue No. 7

by | Jul 2, 2026

  1. SEBI issued updated Master Circular for Alternative Investment Funds, consolidating circulars under the AIF Regulations

  2. Finance Ministry released the FEMA (Non-debt Instruments) (Third Amendment) Rules, 2026, broadening investment by persons resident outside India

  3. RBI notified the FEMA (Mode of Payment and Reporting of NDI) (Amendment) Regulations, 2026, revising payment and remittance norms for overseas investors

  4. RBI issued Amendment Directions to strengthen norms on advertising, marketing and sale of financial products and services by regulated entities

  5. RBI expanded investments access for Foreign Portfolio Investors by withdrawing General Route restrictions and expanding the Fully Accessible Route

  6. RBI issued Master Directions on authorization to operate Payment Systems, consolidating existing regulatory instructions

  7. IBBI amended the CIRP Regulations, introducing provisions governing dissolution during CIRP and restoration of insolvency proceedings

  8. IBBI notified the Liquidation Process (Fourth Amendment) Regulations, 2026, requiring Committee of Creditors to recommend the Liquidator by a 66% vote

  9. Government notified an Improvement Notice framework under the Legal Metrology Act to enable rectification of first-time procedural non-compliances

  10. Supreme Court held that only people lawfully authorized under a society’s governing documents can exercise voting rights at a company’s Annual General Meeting

  11. Supreme Court ruled that delay in re-filing a defective appeal after expiry of the prescribed period under the IBC cannot be condoned

  12. Supreme Court held that an exclusive jurisdiction clause takes precedence over a twin-seat arbitration clause in an arbitration agreement

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