Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
FeaturedThe RBI has extended regulatory directions under Section 35A and Section 56 of the Banking Regulation Act, 1949, for Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru, citing public interest. The directive remains in force beyond July 10, 2020.
FeaturedThe Reserve Bank of India has issued comprehensive Master Directions on Cyber Resilience and Digital Payment Security Controls for non-bank Payment System Operators, effective November 2026. The framework mandates minimum standards for prevention, detection, and response to cyber threats in digital payment systems.
FeaturedNCLAT quashes insolvency initiation due to CoC's arbitrary rejection of settlement offering full dues payment.
FeaturedNCLAT holds that express or implied debt acknowledgements or restructuring toll limitation under Section 7 IBC.
FeaturedNCLAT holds that financial debt under IBC can be established via conduct, acknowledgements, or transactions absent a written agreement.
FeaturedNCLAT rules that breach of restructuring terms does not nullify original financial debt under IBC.
FeaturedSEBI allows depository receipts on InvIT units with eligibility, IFSC listing, pricing, and disclosure norms.
FeaturedSEBI introduces depository receipts backed by REIT units, enabling offshore listings via IFSC with defined eligibility and disclosure rules.
FeaturedSEBI has overhauled the accredited investor framework, introducing manager-led accreditation, three-year validity, and a ₹5 crore exposure criterion, effective November 2026.
FeaturedThe RBI has issued the Eleventh Amendment Directions, 2026, updating the leverage ratio framework for commercial banks to align with the 'leverage ratio 2017 standard'. The changes impact capital adequacy compliance.
FeaturedThe Insolvency and Bankruptcy Board of India (IBBI) has notified major amendments enabling exclusion of real estate projects from CIRP upon a 66% vote by the Committee of Creditors (CoC), subject to adjudicating authority approval. Allottees now have representation on the Monitoring Committee, marking a shift in stakeholder balance during resolution.
FeaturedThe RBI issued the Eleventh Amendment Directions, 2026, updating leverage ratio frameworks for commercial banks to align with the 'leverage ratio 2017 standard'. The changes reinforce prudential norms and strengthen systemic resilience against financial shocks.