The Ministry of Corporate Affairs (MCA), vide its circular dated December 30, 2025, has revised the earlier relaxation granted under General Circular No. 06/2025 dated October 17, 2025, which allowed filing without additional fees up to December 31, 2025. Companies may now file their financial statements and annual returns for the financial year ended March 31, 2025, without additional fees up to January 31, 2026 . Please refer to the MCA Circular dated December 30, 2025 belo

Mansi Singh and Riya Jain   The safety and dignity of women is not negotiable. Institutions that fail to protect women fail the Constitution itself!  While every person in an ideal world should agree with the above quote, the unfortunate reality is that many women continue to face sexual harassment at workplace. What is even more alarming is that most of the victims do not file formal complaints from the fear of procedures, retaliation, reputational damage and systematic barr

Xerxes Antia and Aanchal Merchant   It’s been over a decade since the concept of corporate social responsibility (“ CSR ”) was introduced under the Companies Act, 2013 (“ Act ”). CSR has catalysed thousands of projects across education, health, sanitation, skilling, and the environment. While a positive initiative for a country like India with its diverse demographic needs and its developmental needs, CSR has not achieved its full potential as most companies still approach it

(Juhi Mehta and Natasha Rao) The Lower House of the Indian Parliament, the Lok Sabha, yesterday passed the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India Bill, 2025 (the SHANTI Bill ) with the intent to consolidate the legal framework governing civil nuclear activities in India. The Bill is slated for discussions before the Rajya Sabha today.   You can access the Bill here .   What the Bill Proposes: Notably, the SHANTI Bill addresses some imp

(Prashant Mara and Sidharth S Kumar) EXECUTIVE SUMMARY Supreme Court allowed quashing of multiple criminal and regulatory proceedings after a full settlement of INR 5,100 crore. Judgment prioritizes economic restitution over prolonged litigation. Supports One-Time Settlement (OTS) and Insolvency and Bankruptcy Code (IBC) for faster resolution. Full payment required; decision marked non-precedential to prevent misuse. Policy shift toward practical resolution and business confi

The PoSH Gap Series – Strengthening Workplace Investigations Harinie Seenivasan and Arjun Paleri This article, the fourth in our PoSH Gap Series, examines the systemic challenges associated with non-compliance with statutory timelines under the PoSH Act and the resulting impact on the fairness and integrity of the internal committee (“ IC ”) proceedings. What happens when statutory timelines are not met? The Sexual Harassment of Women (Prevention, Prohibition and Redressal)

The PoSH Gap Series – Strengthening Workplace Investigations Harinie Seenivasan and Arjun Paleri This article, the second in our PoSH Gap Series, examines one of the most common reasons internal committee (“ IC ”) findings are overturned by courts; procedural violations that deny respondents their fundamental right to a fair hearing. Speed vs Efficiency – What should the IC choose? The IC receives a complaint alleging sexual harassment by one of your employees – the allegatio

The PoSH Gap Series – Strengthening Workplace Investigations Harinie Seenivasan and Arjun Paleri This article is the first in a series of articles exploring the critical gaps in investigations under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 (“ PoSH Act ”). Despite being in force for more than a decade, the PoSH Act continues to suffer from ambiguities that create uncertainties for internal committees (“ IC ”) and the employe

Xerxes Antia and Agrima Choudhary The Reserve Bank of India (“ RBI ”) has introduced 2 noteworthy relaxations through an amendment to the Foreign Exchange Management (Export of Goods & Services) Regulations, 2015, notified on November 13, 2025. These changes extend key statutory timelines and provide additional flexibility to Indian exporters and businesses engaged in cross-border trade.   A brief summary of the amendments is set out below.  Extension of timeline for realisat

Xerxes Antia and Rohit Kudtarkar   The Ministry of Corporate Affairs, Government of India (“ MCA ”) has issued a recent circular which came into force on December 1, 2025 and which has widened the definition of a ‘ small company ’ under the Companies Act, 2013 (the “ Act ”). A copy of the MCA Circular dated December 1, 2025, is attached for your reference.    Background     Under the provisions of the Act, a “small company” is identified based on prescribed financial thresho

Parveen Arora and Ishaan Chopra      India is driving a green energy revolution, aiming for 500 gigawatts (GW) of non-fossil energy capacity by 2030. It has already achieved over 250 GW of non-fossil energy capacity, primarily from solar (123 GW) and wind (52 GW). While the shift to clean and green energy sources such as solar, wind, battery energy storage systems (BESSs), and electric vehicles (EVs) is essential for the climate and India’s energy independence, it also introd

The PoSH Gap Series – Strengthening Workplace Investigations Harinie Seenivasan and Arjun Paleri This article, the third in our PoSH Gap Series, examines the issue of institutional bias arising from improper Internal Committee (“ IC ”) composition that results in the denial of a fair and impartial hearing to respondents . What does the law say about the constitution of the IC? The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 (“ PoS

The Indian government has been developing a new framework for Indian labour laws since 2020 – it has been a vast exercise involving actions at the Central (Federal) and State levels. These new labour laws, officially known as Labour Codes, came into force on November 21, 2025. In summary, the new Labour Codes comprise: Code on Wages, 2019 – Governs all aspects of wages, including payments, minimum wage levels, pay parity, and related conditions. Code on Social Security, 2020

Kalindhi Bhatia and Hiba Abbas As stakeholders across industries have been awaiting the practical implementation of the Digital Personal Data Protection Act, 2023 (“ DPDPA ”), the Digital Personal Data Protection Rules, 2025 (“ DPDP Rules ”) have finally been released on November 14, 2025. These Rules, intended to operationalise the DPDPA, provide much-needed clarity on how provisions of the Act are expected to practically function. You can access the finalized version of the

Vikram Jeet Singh and Kalindhi Bhatia More than two (2) years since the notification of the Digital Personal Data Protection Act, 2023 (“ DPDPA ”, “ Act ”), the Act has now been implemented by way of the Digital Personal Data Protection Rules (“ Rules ”) notified on November 13, 2025. This comes as welcome relief and clarity to Indian businesses who have been seeking to align their data practices. The Rules mark an end to India’s long journey of developing a standalone privac

Welcome to the first edition of BTG Advaya’s regulatory update on energy, infrastructure, mining and environment. As India advances its sustainability and resource management goals, we present key regulatory developments from October 2025 across the Ministries of Coal, Jal Shakti, Mines, New and Renewable Energy, Power, and Environment.   These updates reflect significant policy shifts and compliance obligations for stakeholders.  Historic Launch of Commercial Mining in Aruna

(Xerxes Antia and Sneha Gangwani) The Ministry of Corporate Affairs ( MCA ), vide its circular dated October 17, 2025, has provided a relaxation of additional fees and extension of time for filing of Financial Statements and Annual Returns in view of the deployment of the new e-Forms on the MCA V3 portal. Companies may now file their financial statements and annual returns for the financial year ended March 31, 2025, without payment of additional fees, up to December 31, 202

(Arjun Paleri, Raisa Pinto and Harinie Seenivasan)    What Integrity means in Indian Employment Law?   Courts in India have consistently...

(Arjun Paleri, Raisa Pinto and Harinie Seenivasan)    Introduction   Engaging contractors is a common business practice. However, it...

(Arjun Paleri, Raisa Pinto and Harinie Seenivasan)    Introduction   Changing jobs is a normal part of career growth. Employees might...