Column

Here’s What SEBI’s New Paper On SDIs Says

On 16 June 2025, SEBI proposed new rules requiring Special Purpose Distinct Entities to disclose key details about securitized debt instruments (SDIs) twice a year. These disclosures—covering maturity, credit quality, loan ratios, and material events—must be submitted to SEBI and relevant stock exchanges, aiming to enhance transparency and help investors make informed decisions about SDIs.

High court

Justices Bhati and Shrimali Declare ‘Pay Minus Pension’ Recovery Unlawful Due to AIIMS Jodhpur’s Negligence

A significant decision was made by the Rajasthan High Court, which confirmed that retired doctors from the All India Institute of Medical Sciences (AIIMS) are considered to be “re-employed persons.” This decision mandated the implementation of the statutory “pay-minus-pension” formula for future compensation, while also prohibiting retrospective deductions prior to the date of judgment, which was May 15, 2025.

Supreme Court

Supreme Court Affirms Fair Trial Over Emotion in Burn Death Case – Justice Abhay S. Oka

In Aejaz Ahmad Sheikh v., the Supreme Court held that, The case State of Uttar Pradesh was a case on the basis of which it was held that failure of putting the vital prosecution evidence to the accused u/s 313 CrPC resulted in prejudice and trial invalidated, and as a result, the acquittal was upheld on the basis of serious allegations like multiple murders.