Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Karnataka High Court has granted protection from arrest to officials of LegalPay Technology in a cyber fraud case involving a fake marriage invitation. The court ordered the state not to arrest the individuals associated with the company.
The RBI has officialized the final redemption price for the Sovereign Gold Bond (SGB) 2018-19 Series-I, due on May 4, 2026, based on recent gold prices.
SEBI has proposed reforms to the pre-open call auction mechanism, aiming to prevent the artificial suppression of prices in IPOs and re-listed stocks. This includes revised base price rules and stricter conditions.
SEBI has proposed a framework aimed at managing strike prices of options contracts to mitigate market volatility. This initiative seeks to ensure continuous availability of options contracts close to the prevailing market prices.
The Institute of Chartered Accountants of India (ICAI) is set to launch a Forensic Audit Lab in Hyderabad. This initiative aims to support small Chartered Accountant firms by providing access to forensic audit resources.
CMS INDUSLAW has successfully advised Scapia Technology Private Limited in a $63 million Series C funding round led by General Catalyst. This marks a significant milestone for the tech startup.
March 2026 shows significant trends in India's international trade in services, with insights on export and import values.
The RBI has published its 46th Half-Yearly Report detailing the management of India's foreign exchange reserves for October 2025 - March 2026.
A penalty was imposed by ROC Mumbai-II for incorrectly stating the AGM date in Form AOC-4 XBRL, holding directors responsible for ensuring the accuracy of e-form submissions.
ROC Pune penalized a company for utilizing funds from private placements prior to filing the return under PAS-3, violating the Companies Act's regulations.
ROC Pune has imposed penalties for a 46-day delay in the filing of the e-Form PAS-3 concerning a return of allotment related to private placements, emphasizing timely compliance.
ROC Pune has determined that a procedural lapse during a private placement involving one investor constitutes a single transaction, hence a single penalty applies rather than multiple ones under the Companies Act.