The Securities and Exchange Board of India (SEBI) is developing a framework to mandate biannual training workshops for independent directors, with attendance expected to be a prerequisite for reappointment following a five-year tenure.

The Reserve Bank of India (RBI) has introduced an Expected Credit Loss (ECL) framework for banks, effective April 1, 2027. The framework marks a shift from the traditional “incurred loss” model to a forward-looking approach, requiring banks to estimate potential credit losses in advance rather than waiting for losses to materialise.

A high-level delegation from the Institute of Directors (IOD), India, comprising Mr. Desh Depak Verma, IAS (Retd.), Principal Advisor; Mr. Pradeep Chaturvedi, Vice President; and Mr. Manoj K. Raut, CEO & Secretary-General, recently met Mr. Nitin J. Gadkari, Hon'ble Minister of Road Transport and Highways, Government of India.

The collaboration is aimed at strengthening professional capabilities and fostering engagement across academia and industry, both in the United Kingdom and in India, including the University of York's forthcoming campus in Mumbai.

The Corporate Laws (Amendment) Bill, 2026 proposes wide-ranging changes to both the Limited Liability Partnership Act, 2008 and the Companies Act, 2013, marking one of the most comprehensive overhauls since the enactment of the 2013 law.

The Hyderabad Regional Office of the Institute of Directors (IOD), India is pleased to announce the appointment of Mr. Neerabh Kumar Prasad, IAS, (Retd.) as its new Honorary Chairman.

The International Sustainability Standards Board (ISSB), under the International Financial Reporting Standards (IFRS) Foundation, has released exposure drafts proposing targeted revisions to three sector-specific SASB standards covering Agricultural Products, Meat, Poultry & Dairy, and Electric Utilities & Power Generators.

The Bengaluru Regional Office of the Institute of Directors (IOD), India announces the appointment of Mr. Chakravarthi Mohan, IAS (Retd.) as its new Honorary Chairman.

The Companies Act, 2013 mandates that all companies file their Annual Return and Financial Statements, with filing fees governed under Section 403 read with the Companies (Registration Offices and Fees) Rules, 2014. Since 1 July 2018, a stringent additional fee of C100 per day-without any upper cap-has been imposed for delays in filing these documents.

The India AI Impact Summit 2026, held from 16-21 February 2026 at Bharat Mandapam, New Delhi, marked a historic shift in the global artificial intelligence landscape. As the first global AI summit hosted in the Global South, it brought together heads of state, technology leaders, policymakers, industry pioneers, and representatives from over 100 countries.