Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
FeaturedThe NCLT has ordered the liquidation of a corporate debtor after the Committee of Creditors (CoC) rejected both the extension of the Corporate Insolvency Resolution Process (CIRP) and the proposed resolution plan. This decision emphasizes the need for timely action within insolvency proceedings.
FeaturedThe Supreme Court dismissed Byju Raveendran's appeal related to the NCLAT's decision and instructed an expedited inquiry against the Interim Resolution Professional (IRP). The Court emphasized the necessity for the ongoing investigation to proceed without delay.
FeaturedThe Reserve Bank of India has canceled the Certificate of Registration for 150 non-banking financial companies, emphasizing regulatory compliance and the importance of maintaining operational standards.
The Reserve Bank of India has introduced a quarterly calendar for state government borrowings, promoting transparency and market efficiency. This initiative involves nine states for better structured funding.
The Reserve Bank of India has undertaken a review of circulars issued under the Foreign Exchange Management Act, 1999. This review aims to streamline and update regulatory measures affecting authorised persons.
The Reserve Bank of India has released the Master Direction on Credit Derivatives, aimed at structuring and enhancing the credit risk management framework in the Indian banking sector. This initiative is part of ongoing reforms to bolster financial stability.
The Reserve Bank of India has released draft guidance on regulatory principles for model risk management, applicable to various financial institutions.
The Reserve Bank of India has issued Amendment Directions corresponding to its February 2026 statement, enhancing customer protections against unauthorized electronic banking transactions.
A recent decision from the Debt Recovery Tribunal mandates Indian Bank to refund auction amounts with interest and compensation due to procedural violations.
The Reserve Bank of India has modified the returns and reporting requirements under FEMA, necessitating updated compliance measures from authorized persons. This adjustment reflects an evolving regulatory landscape in foreign exchange operations.
The Reserve Bank of India has conducted a review of circulars issued under the Foreign Exchange Management Act, 1999, aimed at rationalizing the regulatory framework. This update is significant for authorized persons dealing with foreign exchange regulations in India.
The RBI has issued comprehensive directions regarding the Kisan Credit Card (KCC) Scheme to Commercial Banks, emphasizing credit limits and disclosure norms.