Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
FeaturedSC rules that private cooperative banks fall under RTI Act if their records are accessible to public authorities like Registrars.
FeaturedSupreme Court rules that private cooperative banks’ records under Registrar's control are subject to disclosure under RTI Act, reinforcing transparency.
FeaturedSupreme Court rules that private cooperative banks' records accessible to a public authority fall under RTI Act's ambit.
FeaturedThe Supreme Court has ruled that unlicensed money lenders can be prosecuted under Section 138 of the Negotiable Instruments Act for dishonoured cheques, provided there was a legally enforceable debt.
FeaturedThe Supreme Court held that unlicensed money lenders cannot invoke Section 138 of the Negotiable Instruments Act for dishonoured cheques, as such claims lack legal sanctity under prevailing state money-lending laws.
FeaturedRBI updates capital adequacy framework for commercial banks, aligning leverage ratio standards with international benchmarks.
FeaturedThe RBI issued the Eleventh Amendment Directions, 2026, aligning the leverage ratio framework for commercial banks with the 'Leverage Ratio 2017 Standard' under global Basel norms, enhancing systemic resilience.
FeaturedSupreme Court holds records of private cooperative banks accessible under RTI if accessible to Registrar under law. Exemptions apply, but statutory oversight enables public scrutiny.
FeaturedBombay HC set aside ₹25 crore PMLA attachment, ruling no proven link between disputed transactions and proceeds of crime. Lawful business receipts cannot be treated as tainted without credible evidence.
FeaturedBombay HC ruled ED cannot retain seized property beyond 180 days under PMLA without prior approval from adjudicating authority. Unapproved retention is illegal, and authorities must return seized items or seek timely extension.
FeaturedSupreme Court permits Securitisation Reconstruction Act (SRA) claims despite 'clean slate' principle. Creditor can defend against set-off claims based on original contract terms.
FeaturedRBI’s Eleventh Amendment to Capital Adequacy Directions adopts updated leverage ratio standards, enhancing bank resilience in line with global norms.