November 2026

The Bonds That Were Not Supposed to Break

The Bonds That Were Not Supposed to Break

There is a category of investor in India who is not wealthy enough to absorb a complete loss and not sophisticated enough to have read a prospectus carefully. They are the retired…

Six Years, One Lesson

Six Years, One Lesson

Here is a fun fact about the Indian legal system: it works. It just works at its own pace. The Yes Bank AT-1 bondholders got their answer on 15 October 2026. The…

Sex Education, Digital Safety and the School Curriculum

Sex Education, Digital Safety and the School Curriculum

On 18 October, the Supreme Court said something schools have been avoiding for decades: sex education must start at the primary level. The court tied it directly to digital safety, and both…

Key Legal Developments October 2026

Key Legal Developments October 2026

October delivered two Supreme Court judgments that will be read closely for years: the AT-1 bond ruling that voided a bank's emergency write-off, and the conversion-reservation ruling that settled a contested question…

Insolvency, Arbitration and a Few Lessons in Procedure

Insolvency, Arbitration and a Few Lessons in Procedure

October served a set of reminders that Indian corporate law is getting stricter about the basics: who can start a case, when they must start it, and whether they have actually done…

Eight Thousand Crores and an Erroneous Impression

Eight Thousand Crores and an Erroneous Impression

On 15 October 2026, the Supreme Court upheld a Bombay High Court ruling that the write-off of Rs 8,415 crore in Yes Bank AT-1 bonds was illegal. The decision turns on a…

Conversion, Reservation and What the Law Actually Says

Conversion, Reservation and What the Law Actually Says

The Supreme Court confirmed on 15 October that converting to a non-Hindu religion does not automatically carry forward your reservation entitlement. Here is what that means in practice, and what questions remain.…