Date: 25th Nov 2025, Nagpur
India is witnessing a landmark transformation in its legal and regulatory landscape with ease of doing business, faster dispute resolution, revival of MSMEs and an investment-friendly framework for mergers & acquisitions (M&A) at the core of its reform agenda.
Addressing the media ahead of next week’s conference on “The Legal Landscape in India: Enabling Business, Reviving MSMEs & Fueling Responsible Capital”, Mr. Akshat Khetan, Founder of AU Corporate Advisory and Legal Services, highlighted how legal reforms are being calibrated to support entrepreneurship, enhance investor confidence and contribute to long-term economic growth.
Law as an Enabler of Growth
Speaking about the shift in the country’s legal ethos, Mr. Khetan noted that India is moving away from a narrowly regulatory approach towards a system that promotes compliance, reduces friction and supports expansion.
“Today, the law is not a hurdle; it is a partner in business. Our objective is simple to create a predictable, transparent and business-friendly legal environment that enables innovation and scale,” Mr. Akshat Khetan
Reforms in corporate governance, digitised filings, adjudication mechanisms and simplified cross-border rules are contributing to a more competitive landscape for domestic and foreign investors.
Empowering MSMEs: A National Growth Mission
Reinforcing the role of MSMEs as the backbone of India’s economic engine, the briefing showcased important initiatives including:
- Strict enforcement against delayed payments under the MSMED Act to improve cash flow
- Expansion of MSE Facilitation Councils & the MSME Samadhaan portal for timely dispute settlement
- Strengthened restructuring frameworks including Pre-Packaged Insolvency Resolution Process (PPIRP) under the IBC
- Legal structures that promote consolidation and M&A, enabling MSMEs to scale efficiently and attract capital
“These steps reflect the government’s strong intent to safeguard MSMEs and push them towards resilience and global competitiveness,” he added.
IBC: A Revival-First Approach to Distress
The Insolvency and Bankruptcy Code continue to reshape India’s credit and restructuring ecosystem. The press note highlighted that: - IBC has significantly reduced the time to resolve distressed assets
- Amendments are focused on predictability, transparency and faster resolution
- Acquisition of distressed businesses has become easier, boosting M&A opportunities
- Special provisions like PPIRP offer rapid and less disruptive revival for MSMEs
“The IBC is fundamentally a resolution mechanism designed to preserve value, protect jobs and rescue viable businesses,” Mr. Khetan stated.
Simplifying Business, Digitising Justice
Large-scale decriminalisation of minor business offences, combined with the rollout of e-Courts Phase III, is enabling a more efficient and accessible justice delivery system.
Virtual hearings, e-filing and real-time access to case information ensure faster dispute resolution particularly beneficial for MSMEs and investors engaged in M&A and commercial contracts.
Building a Future-Ready Legal Framework
Concluding the briefing, Mr. Khetan emphasized:
“India’s legal reforms are guided by one principal law must support growth. Whether by protecting MSMEs, modernising the IBC, simplifying compliance or digitising justice, the goal is to ensure every honest entrepreneur finds the legal system to be an enabler not an obstacle.”