An appellate tribunal has overturned a decisive regulatory action linked to the PFS episode, after vocal independent directors argued the matter was never a simple corporate spat. They claim the “rule of law collapsed” under former management. With calls growing for regulators to appeal, ex-CEO Pawan Singh says the SAT order strengthens confidence in value-based corporate governance.
The Delhi High Court has suspended a three-year prison sentence awarded to a man convicted of child trafficking and kidnapping. The convict, Krishan, challenged the trial court’s February 23, 2026 judgement, and the High Court’s interim order keeps the case in limbo pending further consideration. The decision could reshape proceedings in the appeal stage.
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