r 1 //./ r 2 Capital Market 08 Dispute Resolution 15 Fintech 20 International Trade/ WTO 25 Ministry of Corporate Affairs (MCA) 30 Restructuring and Insolvency 39 Sports and Gaming 45 White Collar Crime 03 Competition Law 11 Employment Law 17 Infrastructure and Energy 23 Media and entertainment 28 RBI & FEMA 36 RERA 42 Technology 47 r 3 CIRCULAR ON ONE-TIME RELAXATION WITH RESPECT TO VALIDITY OF SEBI OBSERVATIONS1 The Securities and Exchange Board of India (“SEBI”), vide Circular dated April 07, 2026, has introduced a one-time relaxation regarding the validity of observation letters iss

Key Takeaway

On January 20, 2026, the Supreme Court held in Coney Island Auto Parts Unlimited, Inc. v. Burton that motions to vacate void judgments under Rule 60(b)(4) must be filed within a “reasonable time.” The longstanding assumption in most circuits—that void judgments could be challenged without any time limit—is gone. Corporate defendants should act promptly upon learning of any judgment entered against them.

Rule 60: The Escape Hatch from Final Judgments