FeaturedSC Allows SRA Claim After CIRP on 'Clean Slate'
Supreme Court permits a Securitisation Recovery Application after CIRP, rejecting 'clean slate' doctrine as a bar to dues arising from same contract.
Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
FeaturedSupreme Court permits a Securitisation Recovery Application after CIRP, rejecting 'clean slate' doctrine as a bar to dues arising from same contract.
FeaturedThe Supreme Court has ruled that a secured creditor may pursue recovery of dues after a successful SRA, rejecting a strict application of the 'clean slate' principle under the IBC.
Prime Minister Narendra Modi inaugurated the RBI’s new Data Centre and Cybersecurity Training Institute in Bhubaneswar, marking a major step in strengthening India’s financial infrastructure and cyber resilience.
FeaturedSupreme Court permits Securitisation and Reconstruction of Financial Assets (SRA) proceedings over IBC's 'clean slate' principle, citing creditor rights.
FeaturedSupreme Court permits Securitisation Remedial Action despite 'clean slate' argument, allowing creditors to defend claims arising from same contract.
The RBI has directed financial entities to implement amendments to India's anti-terror financing framework under Section 51A of UAPA, following updates to the UNSC 1267/1989 sanctions list.
The RBI has issued the Commercial Banks – Forthcoming Instructions Second Amendment Directions, 2026, revising minimum capital requirements for operational risk. The changes update prudential norms under the Banking Regulation Act, 1949.
RBI finalizes implementation of Basel’s Leverage Ratio 2017 Standard after reviewing stakeholder feedback on the draft directions issued in August 2026.
The Reserve Bank of India has directed all regulated entities to implement updates to the UNSC 1267/1989 sanctions list under Section 51A of the UAPA, 1967. Three entries in the ISIL (Da'esh) & Al-Qaida sanctions list have been amended, requiring immediate alignment by banks and financial institutions. Non-compliance may attract penal action under anti-terrorism financing laws.
RBI directs regulated entities to implement revised UNSC sanctions list under Section 51A of UAPA. Updates affect terrorist designation tracking and freezing obligations.
RBI amends Small Finance and Commercial Bank Directions by deleting para 37, removing limits on non-option derivative contracts. Signals deregulatory shift in hedging norms.
The 63rd Monetary Policy Committee meeting held from October 5–7, 2026, emphasized sustained inflation control, with members expressing concern over food and input cost pressures. The RBI reaffirmed commitment to price stability while monitoring growth indicators, setting the stage for active liquidity management in October 2026.