Indian Business and Law Update

Company Secretary Resignation: Shivam Autotech has accepted the resignation of its company secretary, as per a recent notification to the National Stock Exchange and BSE Limited. The move comes as the company navigates the complexities of compliance and regulatory requirements. **Shivam Autotech Accepts Resignation of Company Secretary**

FCRA Rules Amended: The Centre has tightened rules governing foreign contribution regulations under the Foreign Contribution Regulation Act (FCRA). As part of the amendments, NGOs are now required to specify their operating areas and purpose. The changes aim to increase transparency and scrutiny of foreign fund receipts. **Centre Tightens FCRA Rules, Asks NGOs to Declare Purpose, Operating Areas**

Jan Vishwas Act Amendments: The Finance Ministry has notified amendments to the Reserve Bank of India Act, Life Insurance Corporation, and other related laws. The changes, coming into effect from June 23, 2026, aim to enhance the regulatory framework and promote ease of doing business. **Finance Ministry Notifies Jan Vishwas Act Amendments for RBI, LIC, Insurance and PFRDA Laws**

AITA General Body's Authority Reaffirmed: In a landmark ruling, the Delhi High Court has reaffirmed the All India Tennis Association's General Body's authority in amending the constitution. The decision reinforces the locus standi of the General Body in matters related to the association's governance structure. **Delhi High Court Reaffirms AITA General Body's Authority in Constitutional Amendments**

Transition from Private to Public Company: A recent article highlights the critical aspects of transitioning from a private company to a listed public company. Key factors to consider include the shift in governance, compliance requirements, and regulatory adjustments. **From Private Company to Listed Public Company: The Governance Transition Most Founders Underestimate**

Disqualification of Rangapani GP President: The Bongaigaon district administration has disqualified the president of Rangapani Gaon Panchayat, Kohinoor Khatun, following an inquiry that revealed her educational qualification to be fake. The decision underscores the importance of credibility and integrity in public office. **Assam: Educational Qualification Found Fake, Rangapani GP President Disqualified**

Anna Hazare's Hunger Strike Warning: Social activist Anna Hazare has issued a warning to the Maharashtra government, threatening to begin a hunger strike from July 5, 2026, if it fails to revoke amendments to the RTI Act that he claims would stifle citizen participation. **Anna Hazare Warns of Hunger Strike from July 5 if Maharashtra Govt Does Not Revoke RTI Rule Amendments**

Explained: Open Market Share Buybacks: With the revival of open market share buybacks, investors are now able to buy shares directly from companies using various stock exchange platforms. This shift means that investors can enjoy the benefits of buybacks more easily than before, thus boosting market liquidity. **Explained: Open Market Share Buybacks Are Back, What This Means for Indian Investors**

AIMIM Corporator Disqualified: In a move that's likely to impact the Shiv Sena's fortunes in the BMC, an AIMIM corporator has been disqualified due to an 'invalid' caste certificate. The disqualification reduces AIMIM's tally to eight and has consequently boosted the Mahayuti alliance's strength to 120 in the BMC. **AIMIM Corporator Disqualified for 'Invalid' Caste Certificate; Shiv Sena Likely to Get BMC Seat**

Private Company Compliance: Managing regulatory compliance is crucial for private companies. Explore how global tech and security solutions providers like Globaltech & Infosec Pvt. Ltd support organizations in safeguarding sensitive data. **Globaltech & Infosec Pvt. Ltd | Nishikant Singh - Prime Insights**