RGNUL Financial & Mercantile Law Review

This post is authored by Abhirami J. Subhash, third-year B.A. LL.B (Hons.) student at National Law School of India University, Bangalore. INTRODUCTION S.19(d) of the Insolvency and Bankruptcy Code (Amendment) Act, 2026 proposes an amendment to the proviso to S.31(4) of the Insolvency and Bankruptcy Code, 2016 ("IBC"), such that resolution applicants, in cases involving combinations, are required to obtain approval from the Competition Commission of India (“CCI”) only before

This post is authored by Srijan Pandey and Sharad Dhruw, second-year B.A. LL.B (Hons.) students at Hidayatullah National Law University, Raipur. INTRODUCTION By the beginning of 2026, the collective value of mutual fund assets has gone beyond ₹ 81.01 lakh crore, which has made mutual funds among the top ways to save money for households. With the mutual fund industry in India witnessing sustained growth and establishment of retail investment, the Securities and Exchange Board

This post is authored by Harsh Jain, third-year B.A. LL.B (Hons.) student at NLIU, Bhopal. INTRODUCTION On 8 December, 2025, the Securities and Exchange Board of India (SEBI) launched the Past Risk and Return Verification Agency (PaRRVA), developed in collaboration with CareEdge Ratings and the National Stock Exchange of India (NSE). PaRRVA is an independent, regulator-mandated performance verification mechanism for investment intermediaries. This initiative directly addres

This post is authored by Mahi Singh and Shrey Bhatnagar, fifth-year B.A. LL.B (Hons.) students at Chanakya National Law University, Patna. INTRODUCTION The current streaming entertainment market is undergoing a shift from a fragmented industry towards consolidation centred around Netflix. Although the past decade has been marked by streaming wars characterised by price elasticity and the multiplicity of services, the proposed acquisition of Warner Bros. Discovery (WBD) by

This post is authored by Kabir Kumar, third-year B.B.A. LL.B. (Honours) Student at OP Jindal Global University. INTRODUCTION The world is undergoing the fourth industrial revolution , where Artificial Intelligence (“AI”) is not only a technological innovation but is a structural force shaping modern digital markets. A recent study by the Competition Commission of India (“CCI”) on AI and its effects identified risks, analysed regulatory frameworks (US and UK), and provided

This post is authored by Prabhas Kumar, a 1st-year student at Gujarat National Law University, Gandhinagar and Surya Prakash Swain, a 2nd-year student at National Law University Odisha. INTRODUCTION The maxim interest reipublicae ut sit finis litium underscores the State’s interest in the finality of litigation. Yet, ironically, this principle has been challenged by the recent National Company Law Appellate Tribunal’s (NCLAT) order dated 15 December 2025, issued as a “clarif

The post, the Winning Entry of the 6th RFMLR Freshers' Article Writing Competition, 2025 , is authored by Nirav Maini , first-year student of B.A. LL.B (Hons.) at the Rajiv Gandhi National University of Law , Punjab . INTRODUCTION The Insolvency and Bankruptcy Code (Amendment) Bill, 2025 (“ The Bill ”) introduces a drastic change, a new Section 28A that allows secured creditors to fold a corporate debtor’s guarantor assets into the debtor’s insolvency estate. Traditionally,

This post is authored by Akshit Dwivedi, a 2nd-year B.A. LL.B. (Hons.) student at Hidayatuallah National Law University, Raipur INTRODUCTION IBC’s​‍​‌‍​‍‌ law is based on the two primary objectives of making the maximum value available to creditors and, at the same time, encouraging the revival of the companies that are in distress. In light of this, the introduction of Section 32A in 2019 represented a major shift: a corporate debtor is entitled to statutory immunity from of

This post is authored by Yajur Sood, independent legal practitioner, practicing before the Punjab and Haryana High Court. INTRODUCTION Arbitration, as a dispute resolution mechanism, is anchored in the principles of party autonomy as well as procedural fairness . In an arbitration, the parties set out the dispute before the arbitrator through their pleadings and by adducing evidence. The arbitrator, like in any other civil proceeding, adjudicates applying the standard of pro

This post is authored by Ashar Nezami and Yash Agarwal, 2nd-year B.A. LL.B. (Hons.) students at Dr. Ram Manohar Lohiya National Law University, Lucknow INTRODUCTION Alternative Investment Funds (‘ AIFs ’) refer to a privately pooled investment vehicle that raises funds from domestic or foreign investors for the purposes of investing the funds for the benefit of domestic investors. The recent surge in Indian investments through AIFs highlights a shift in macroeconomic trends,

This post is authored by Zuber Syed, Managing Partner at Zuber & Partners (Hyderabad), with expertise in M&A, corporate law, fintech, cryptocurrency regulation, and cyber law. INTRODUCTION The global rise of cryptocurrencies has redefined financial markets, bringing with it new forms of capital, innovative fundraising methods, and decentralized business models. In India, this trend coincided with the rapid growth of fintech and digital commerce. Start-ups offering blockchain-

This post is authored by Saksham Sharma, a 4th-year student at Gujarat National Law University INTRODUCTION From the 22nd of September, 2025, India's GST regime brings one large change: all sweetened soft drinks (sweetened, carbonated, caffeinated, tasty non-alcoholic drinks, etc.) will receive a 40% tax, placing them in the same tax bracket as tobacco and cigarettes. At the heart of the outrage is the reality that a lot of sweets, bakery items, cakes, and other solid foods h

This post is authored by Mahak Yadav and Nikhil Ranjan, 3rd-year students at National Law Institute University, Bhopal INTRODUCTION The Supreme Court’s decision in Kalyani Transco v. Bhushan Power and Steel Ltd. & Ors. (JSW BPSL) is a significant turning point in Indian insolvency law. It addresses the primary conflict between commercial pragmatism and procedural rigidity under the Insolvency and Bankruptcy Code, 2016 (IBC). This case emanated from the protracted insolvency

This post is authored by Vibha Patel, 3rd Year, B.Com LL.B. (Hons.) student at Tamil Nadu National Law University, Tiruchirappalli and Nitin Raj, 4th Year, B.B.A. LL.B. (Hons.) student at Symbiosis Law School, Pune INTRODUCTION The Insolvency and Bankruptcy Code 2016 (“IBC”) changes how insolvency is handled in India by focusing on revival of businesses instead of just closing them. It aims to protect companies while also making sure creditors get paid . Section 14 , which c

This post is authored by Nidhi Kamath, a 4th-year student at Institute of Law, Nirma University SETTING THE CONTEXT: LINKEDIN, MARKET POWER, AND DATA GOVERNANCE LinkedIn, a subsidiary of Microsoft, has solidified its position as the foremost professional networking platform globally, boasting over one billion users by late 2024 . It holds a uniquely powerful role in online recruitment, professional identity management, and career-focused data services. The platform's extensiv