Corporate Debtor cannot be Prosecuted for Pre-CIRP Environmental Violations after Resolution Plan Approval and Change in Management: Orissa HC [Read Order]

The Orissa High Court quashed criminal proceedings initiated against Ferro Alloys Corporations Ltd. for environmental violations committed prior to the commencement of the Corporate Insolvency Resolution Process (CIRP)and held that Section 32A of the IBC grants statutory immunity to the corporate debtor following approval of a resolution plan and a complete change in management. The…

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Trump administration opts for voluntary AI safety reviews, not an independent regulator

The Trump administration’s approach to AI safety landed on June 2, 2026, and it looks nothing like traditional regulation. An executive order titled “Promoting Advanced Artificial Intelligence Innovation and Security” establishes a voluntary framework where AI companies can present their most advanced models to government testing before public release. The operative word there: voluntary. Rather…