In an important ruling vide order dated July 17, 2026, in Sachin Naveen Sinha v. The Insolvency & Bankruptcy Board of India [I.A. No. 4537 of 2026 in Company Appeal (AT) (Ins.) No. 1165 of 2026], the Hon’ble National Company Law Appellate Tribunal (NCLAT), Principal Bench, has stayed the operation of the Insolvency and Bankruptcy […]
We are pleased to share that Clove Legal acted as legal counsel to Adage Automation Private Limited and its promoters on a landmark ₹230 Crore growth equity investment led by InCred Alternative Investments, with participation from Global South Capital and Prachetas Capital. The transaction was led by Mr. Dharmesh Kotadia (Founder & Senior Partner), along […]
Generative AI, a kind of artificial intelligence that enables the creation of highly realistic images, videos and voice recordings, making it increasingly difficult to distinguish authentic/original/real content from synthetic media. As deepfakes and AI-generated impersonations has become more prevalent, ‘Personality Rights’ emerge as a critical area of legal protection in India. ‘Personality Rights’ extend to […]
The Hon’ble Supreme Court of India, under the aegis of its Artificial Intelligence Committee, has published the “Draft Regulations for Use of Artificial Intelligence (AI) in Courts, 2026” and has invited comments and suggestions from stakeholders and the general public. The proposed regulations seek to establish a comprehensive framework governing the adoption, deployment, integration, oversight […]
On February 16, 2026, the Reserve Bank of India (“RBI”) notified the Foreign Exchange Management (Borrowing and Lending) (First Amendment) Regulations, 2026 (“ECB Regulations 2026”) easing out the process of External Commercial Borrowings (“ECB”). This ECB Regulations 2026 amendment represents a fundamental shift in India’s cross-border debt policy, transitioning from an administrative, approval-heavy system to […]
Effective February 20, 2026, any harmful or unlawful synthetically generated information posted online will attract penalty under the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Amendment Rules, 2026 (“Rules“). “Synthetically generated information,” (“SGI”) shall include audio, visual, or audiovisual content created or altered with computer resources in a way that looks real or […]
Introduction The Department for Promotion of Industry and Internal Trade (DPIIT) has issued a notification dated February 4, 2026 (“Notification”), in supersession of Gazette Notification No. G.S.R. 127(E) dated February 19, 2019, revising the framework for recognition of Startups and introducing specific provisions for Deep Tech Startups. Overview of Startup and Deep Tech Startup Framework […]
On November 21, 2025, India implemented four new Labour Codes: Code on Wages, 2019 Industrial Relations Code, 2020 Code on Social Security, 2020 Occupational Safety, Health & Working Conditions (OSHWC) Code, 2020. These four codes now replace 29 older central labour laws and are in effect from November 21, 2025. A comparative analysis of each […]
The Securities and Exchange Board of India (“SEBI”) issued a comprehensive Master Circular (“Master Circular”) dated July 11, 2025, consolidating the listing obligations and disclosure requirements for listed Non-Convertible Securities (“NCS”), Securitised Debt Instruments (“SDI”), and Commercial Paper (“CP”). This new regulatory framework replaces multiple earlier circulars and clarifications, providing a single, uniform reference point […]
The Securities and Exchange Board of India (“SEBI”) has released a consultation paper dated June 20, 2025, titled “Guidelines for Responsible Usage of AI/ML in Indian Securities Markets” (“Paper”), proposing a regulatory framework for the responsible usage of Artificial Intelligence (“AI”) and Machine Learning (“ML”) tools in the Indian securities markets. While AI/ML has the […]