Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
FeaturedSEBI has overhauled the accredited investor framework, introducing manager-led accreditation, three-year validity, and a ₹5 crore exposure criterion, effective November 2026.
FeaturedCalcutta High Court rules that appeals against FERA penalties retain criminal character, even if filed after FEMA replaced FERA. Jurisdiction lies with criminal courts, not civil forums.
FeaturedThe RBI has issued the Eleventh Amendment Directions, 2026, updating the leverage ratio framework for commercial banks to align with the 'leverage ratio 2017 standard'. The changes impact capital adequacy compliance.
FeaturedThe RBI has directed all financial institutions to implement updates to the UN-mandated sanctions lists for Taliban, ISIL (Da'esh), and Al-Qaida under Section 51A of the UAPA, 1967. Five entries were amended for Taliban and six for ISIL/Al-Qaida, with three removed.
FeaturedThe RBI has constituted the Technical Consultative Committee for Financial Markets (TCCFM) to facilitate structured engagement with market participants on policy and operational issues in evolving financial infrastructure.
FeaturedThe draft Intellectual Property Chapter of the EU-India Free Trade Agreement threatens to restrict legally permitted digital activities in India, including temporary copies in RAM and digital archiving, potentially undermining national exceptions under India's Copyright Act, 1957.
FeaturedSC holds unlicensed money lenders can file Section 138 complaints, but agreements may be unenforceable under other laws.
FeaturedBombay HC quashes ED arrest where arrest based on evidence available 5 years prior, violating procedural fairness.
FeaturedSupreme Court grants bail to Anil Abraham after 15 months in PMLA custody, citing delayed trial and lack of flight risk.
FeaturedCalcutta High Court rules that penalty appeals under repealed FERA retain penal character and may be heard as criminal appeals despite FEMA’s enactment.
FeaturedThe Bombay High Court held that bypassing the statutory requirement of issuing a draft assessment order under Section 144C violates the assessee's right and constitutes a jurisdictional error, not a mere procedural lapse.
FeaturedThe Karnataka High Court initiated a PIL to probe rising violence against advocates, directing the state to submit a report on threats, assaults, and safeguards for legal professionals.