Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
NCLT admitted a CIRP application for ₹1.05 crore operational debt after finding the invoices undisputed and no pre-existing dispute demonstrated by the corporate debtor.
NCLAT dismissed a personal guarantor’s application for personal insolvency, finding misuse of IBC moratorium to delay SARFAESI possession proceedings.
NCLT admitted Union Bank’s insolvency petition holding that revival letters and audited balance sheets acknowledging debt extended the limitation period for filing under IBC.
Shardul Amarchand Mangaldas advised lead managers on Bharat Forge’s ₹2,000 crore qualified institutional placement, facilitating swift capital raising via equity issuance.
Khaitan & Co has advised Reliance Industries on a ₹12,000 crore private placement of non-convertible debentures, listed on BSE and NSE, carrying a 7.47% coupon rate.
Third Amendment Directions, 2026 enhance clarity on fair valuation of investments for commercial banks.
Second Amendment Directions, 2026 update fair valuation practices for Small Finance Banks' investment portfolios.
RBI revises investment portfolio norms for All India Financial Institutions to enhance market valuation clarity and uniformity.
Exim Bank has finalised a ₹4,850 crore Line of Credit to the Maldives government for developmental projects, supported by the Government of India.
The Reserve Bank of India has notified amendments to the Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026, under powers granted by the FEMA, 1999.
The Reserve Bank of India has released its September 2026 Monthly Bulletin, featuring economic analysis, financial statistics, and policy speeches. Key articles examine the state of the economy, credit-deposit divergence, and private corporate investment trends.
The NCLT admitted an insolvency petition against a corporate debtor, finding the demand notice demonstrated clear intention to enforce personal liability of guarantors. Reliance placed on Innoventive Industries precedent.