RGNUL Financial & Mercantile Law Review

The RFMLR Editorial Board recently interviewed Mr. Manas Kumar Chaudhuri, Senior Partner, Khaitan and Co. on the Meta vs. CCI ruling. What pivotal experiences in your legal career have played a crucial role in shaping the course of your professional journey? Answer: My professional legal journey has been shaped by my teachers, the syllabus of the curriculum of LLB and methods of teaching various subjects of law as was in vogue in Delhi University then. During those days, Indi

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