Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Supreme Court established two additional election tribunals to address disputes from ongoing State Bar Council elections, enhancing the resolution mechanisms available for legal practitioners.
The ITAT ruled that remote access and virtual services do not equate to a Permanent Establishment under the India-Canada DTAA, rejecting the 'Virtual Service PE' theory in a case involving IMAX Theatre Services.
The DGFT has set new regulations capping gold imports under the Advance Authorisation Scheme at 100 kg, aimed at compliance and regulatory oversight.
Zee Entertainment files a lawsuit against Nykaa, claiming INR 2 crores for unauthorized use of copyrighted music in Instagram reels.
The Delhi High Court has officially declared GSK's CALPOL as a well-known trademark amid a trademark infringement suit. This recognition acknowledges the brand's reputation and protects it from unauthorized use.
The Reserve Bank of India has issued new directives regarding the conduct of government business by agency banks, addressing the payment of agency commissions.
The Reserve Bank of India has introduced the Foreign Exchange Management (Authorised Persons) Regulations, 2026 to streamline the authorization framework under the Foreign Exchange Management Act.
The Reserve Bank of India has released amendments to capital adequacy norms for commercial banks aimed at reinforcing their financial stability.
The Reserve Bank of India published the Fourth Amendment Directions, 2026 concerning capital adequacy for Small Finance Banks, revising the existing legal framework.
The RBI has issued the Second Amendment Directions, 2026 for Payments Banks focusing on capital adequacy norms. This follows a comprehensive review of existing regulations.
The Reserve Bank of India issued a circular detailing the operating framework for facilitating outward remittance services by non-bank entities through Authorized Dealer (Category I) banks. This update emphasizes the amendments to previous directions under the Foreign Exchange Management Act.
The NCLAT determined that conditional payments linked to an internal consequence sheet constitute an acknowledgment of operational debt, upholding the admission into CIRP.