Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
FeaturedThe Delhi High Court cautioned against filing IP suits with minimal territorial nexus, warning that such practices undermine jurisdictional integrity and amount to forum shopping.
FeaturedCalcutta HC rules appeals under repealed FERA retain penal character and may be heard as criminal appeals despite FEMA's enactment.
FeaturedThe Insolvency and Bankruptcy Board of India (IBBI) has notified major amendments enabling exclusion of real estate projects from CIRP upon a 66% vote by the Committee of Creditors (CoC), subject to adjudicating authority approval. Allottees now have representation on the Monitoring Committee, marking a shift in stakeholder balance during resolution.
FeaturedThe Supreme Court upheld the Kerala High Court's ruling that lottery prize money is taxable at 30% under Section 115BB of the Income Tax Act, irrespective of whether it is classified as business income.
FeaturedThe RBI issued the Eleventh Amendment Directions, 2026, updating leverage ratio frameworks for commercial banks to align with the 'leverage ratio 2017 standard'. The changes reinforce prudential norms and strengthen systemic resilience against financial shocks.
FeaturedThe RBI has directed financial institutions to amend their records in response to updates in UNSC sanctions lists for Taliban, ISIL, and Al-Qaida under Section 51A of UAPA, 1967. Six notifications in October 2026 involve addition, amendment, or removal of 11 designated individuals and entities linked to terrorist groups.
FeaturedThe draft Intellectual Property Chapter of the EU-India Free Trade Agreement could criminalize routine digital activities like temporary RAM copying and web caching, conflicting with existing Indian exceptions under copyright law.
FeaturedSupreme Court rules RTI Act applies to private cooperative banks where state registrar has oversight and records are accessible to public authority.
FeaturedSupreme Court grants bail to Anil Abraham after 15 months in judicial custody in a PMLA case, emphasizing limited flight risk and no tampering evidence.
FeaturedThe Supreme Court upheld the Kerala High Court's ruling that lottery winnings are taxable at 30% under Section 115BB of the Income Tax Act, irrespective of whether the recipient engages in the activity regularly or treats it as business income.
FeaturedThe RBI’s Eleventh Amendment Directions, 2026 updates the leverage ratio framework for commercial banks to align with the Basel III (2017) leverage ratio standard, strengthening capital resilience.
FeaturedBombay HC rules IBC moratorium doesn't halt housing society redevelopment after developer default.