Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The RBI has introduced new amendment directions affecting the investment portfolio of Urban Co-operative Banks, focusing on enhancing compliance and operational efficiency.
The Reserve Bank of India has released Amendment Directions impacting the classification and valuation of investment portfolios for Rural Co-operative Banks, responding to operational needs.
The RBI has amended the directions concerning the classification, valuation, and operation of investment portfolios for Regional Rural Banks, reflecting a response to operational contingencies.
The Karnataka High Court has permitted eight companies to use Ashwagandha leaf in health supplements, despite a ban by the FSSAI, after they challenged the directive. This ruling may reshape health supplement formulations in India.
The West Bengal government has appointed Senior Advocates Rajdeep Mazumder, Nilanjan Bhattacharyya, and Dibyendra Narayan Ray to key law positions amid political changes. This move highlights the evolving legal landscape in the state following a change in governance.
The RBI has published trade data for services in March 2026, showing significant trends in exports and imports.
The CBIC has clarified that the physical boarding of customs officers cannot delay vessel entry and sail-out clearance, streamlining port operations. This initiative aims to facilitate faster cargo operations through increased digital processes.
The Institute of Chartered Accountants of India (ICAI) is developing a new syllabus for Chartered Accountants that emphasizes artificial intelligence (AI), environmental, social, and governance (ESG) factors, sustainability, and data analytics, reflecting a shift towards a technology-driven accounting profession.
The NCLT ordered the liquidation of a corporate debtor after the Committee of Creditors rejected the only resolution plan submitted during the CIRP.
The Supreme Court approved 112 new Advocates-on-Record to participate in the upcoming SCAORA elections, ensuring the involvement of recent qualifiers.
The Indian government has revised its Import Trade Policy by restricting imports of high-purity silver bars to enhance control over trade flows and promote transparency in the market.
The Directorate General of Foreign Trade (DGFT) has implemented new regulations for gold imports under the Advance Authorisation Scheme, capping imports at 100 kg and introducing mandatory compliance reporting.