Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
FeaturedSupreme Court dismissed Revenue’s appeal against Bombay HC’s ruling that CSR donations qualify for deduction under Section 80G, quashing reassessment based on change of opinion.
FeaturedThe Monetary Policy Committee increased the policy repo rate by 25 basis points to 5.50% under the Liquidity Adjustment Facility, effective immediately.
FeaturedSupreme Court upholds SAT’s application of Regulation 10 to combined acquirer-PAC holdings, dismissing SEBI appeals and clarifying SAT’s powers under Section 15T of SEBI Act.
FeaturedThe RBI’s Expected Credit Loss (ECL) framework, effective April 2027, introduces a forward-looking, three-stage model for provisioning, replacing the current incurred loss approach. Banks must adopt EIR calculations and revised capital adequacy reporting.
FeaturedThe Supreme Court ruled in Arth Micro Finance v. Shivalik Bank that a tribunal appointed without mutual consent under a unilateral clause never legally existed, reinforcing arbitration agreement fundamentals.
FeaturedThe Supreme Court upheld SAT’s decision that Regulation 10 of SEBI (SAST) Regulations applies to combined shareholding of acquirer and PAC. SEBI’s appeals were dismissed.
FeaturedThe Supreme Court upheld SAT's interpretation that Regulation 10 of SEBI (SAST) Regulations applies to the combined shareholding of an acquirer and Persons Acting in Concert (PAC), dismissing SEBI's appeals and clarifying the scope of SAT’s jurisdiction under Section 15T of the SEBI Act.
FeaturedSupreme Court upholds Delhi HC's order for forensic audit of Fortis Healthcare in Daiichi-Sankyo vs Singh brothers dispute, clarifying observations are prima facie only.
FeaturedSEBI has revised the accredited investor framework, introducing manager-led verification, three-year validity, and simplified documentation. The changes aim to streamline investor onboarding while maintaining regulatory safeguards.
FeaturedNCLAT has dismissed appeals by a removed resolution professional (RP), affirming that successor RPs have full authority to convene creditors’ meetings under the Insolvency and Bankruptcy Code, 2016, without vested rights existing in the predecessor.
FeaturedThe RBI issued Eleventh Amendment Directions on November 23, 2026, updating leverage ratio frameworks for commercial banks to align with global 'Leverage Ratio 2017 Standard', enhancing prudential regulation.
FeaturedDelhi HC directed release of ₹3.01 crore FDR held by bank, affirming operational creditor protection under IBC Section 32A.