Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Calcutta High Court has mandated that hotels should acquire copyright licenses for music played through cable television in guest rooms, reinforcing the concept that such services constitute public communication under copyright law.
The RBI is seeking public feedback on proposed amendments to its Capital Adequacy Directions, focusing on the Leverage Ratio Framework. This is part of ongoing efforts to align with global financial standards.
The RBI is inviting public comments on the draft Directions regarding Credit Valuation Adjustment (CVA) Framework, aiming to enhance risk management protocols in the derivatives market.
The RBI has imposed a penalty of ₹5.40 lakh on Infinity Fincorp Solutions for violating KYC norms as per its regulatory framework. The penalty reflects the regulatory authority's stringent compliance expectations.
The Madras High Court's decision in Novartis AG v. Venkata Narayana Active Ingredients provides critical insights into the evidentiary requirements for invoking the Bolar exemption under Section 107A. The ruling aims for clarity while posing challenges for pharmaceutical manufacturers.
SEBI has launched the GARUDA mechanism to expedite the filing and launch procedures for Alternative Investment Funds (AIF), effective immediately under revised AIF regulations.
SEBI has proposed a framework allowing Depository Receipts (DRs) against REIT and publicly listed InvIT units, seeking public comments by August 25, 2026.
SEBI has proposed changes to settlement and risk management norms aimed at simplifying compliance requirements for Market Infrastructure Institutions (MIIs). This move is expected to reduce regulatory burdens on clearing corporations.
The Securities and Exchange Board of India (SEBI) has invited public comments on proposed reforms for Real Estate Investment Trusts (REIT) and Infrastructure Investment Trusts (InvIT). These reforms aim to enhance investments, voting rights, exit offers, and infrastructure while addressing cooling-off norms.
The Reserve Bank of India has finalized directions concerning the conduct of regulated entities in loan recovery processes. This comes after stakeholder feedback was considered, impacting the operational frameworks for credit recovery.
The Reserve Bank of India has issued draft directions for public comment regarding concentration risk management for rural co-operative banks. This follows recent policy announcements aimed at strengthening banking regulations.
In Novartis AG v. Venkata Narayana Active Ingredients, the Madras High Court provided clarity on the evidentiary requirements for invoking Section 107A of the Patents Act regarding exports for regulatory approval. The judgment aims to balance patent rights with the need for accessible medicines.