Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Supreme Court clarified that service classification disputes must be resolved by statutory authorities, reinstating notices previously set aside by the High Court.
The NCLT admitted a Section 7 IBC application, emphasizing that debt acknowledgments in balance sheets and an OTS proposal kept the application within the limitation period.
The RBI has implemented the Credit Derivatives Directions, 2026, establishing a detailed regulatory regime for credit derivatives, enhancing operational guidelines for participants.
India has broadened the scope for foreign nationals to invest in its stock market, enhancing portfolio investment access while maintaining regulatory safeguards.
The RBI has published draft Master Directions aimed at enhancing liquidity in the money market, inviting stakeholder feedback until July 17, 2026. The proposed measures are expected to broaden market participation.
The NCLT has initiated the Corporate Insolvency Resolution Process (CIRP) against Utkal Steels, confirming that the guarantor's liability corresponds directly with that of the principal borrower.
The RBI has released the Master Directions for Credit Derivatives, introducing new compliance guidelines. Key elements focus on credit index derivatives and total return swaps to promote market stability.
The Reserve Bank of India has issued the Sixth Amendment to the Foreign Exchange Management (Deposit) Regulations, enhancing regulatory clarity. This amendment aims to streamline deposit procedures in compliance with the Foreign Exchange Management Act, 1999.
The Kerala High Court has ruled that a petitioner can contest a NCLT-imposed fine of ₹1 lakh per day for non-compliance, allowing time to appeal.
The Reserve Bank of India released new Master Directions on Credit Derivatives. These directives aim to introduce derivatives on credit indices and total return swaps to enhance the credit derivatives market framework.
The RBI's updated TReDS Master Direction simplifies onboarding processes for MSMEs and enhances financing efficiency.
The RBI has amended regulations to allow foreign nationals greater access to invest in listed Indian companies, expanding the investor base while maintaining necessary safeguards for sensitive investments.