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Recent Legal Developments in India India's legal landscape continues to evolve with significant developments across various sectors. Here's an overview of the latest updates: 1. SEBI Forms Committee on Conflict of Interest Provisions The Securities and Exchange Board of India (SEBI) has established a committee to review and enhance conflict of interest provisions for its members and officials. This initiative aims to improve transparency and ethical standards within the regulatory body. The committee is chaired by retired civil servant Pratyush Sinha. 2. Supreme Court Sets Deadline for Presidential Assent to Bills In a landmark decision, the Supreme Court has mandated a deadline for the President to decide on pending bills, overturning previous delays. This ruling underscores the judiciary's role in ensuring timely legislative processes. 3. Legal Actions Against Foreign Corporations Volkswagen's Tax Dispute: Volkswagen faces a $1.4 billion tax ...
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