Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The RBI has confirmed that premature redemption of Sovereign Gold Bonds issued in 2020-21 is possible from September 09, 2026. The redemption price will be calculated based on the average of the gold price during the last three business days.
The Delhi High Court has denied an unconditional release of a seized gold chain due to a 938-day delay in claiming it, alongside issues of undisclosed Customs statements. The ruling emphasizes the importance of timely action in such matters.
The Delhi Consumer Forum has ordered Zomato to pay a customer ₹8,250 for unlawfully canceling food orders, setting a precedent for consumer rights enforcement.
The Central Consumer Protection Authority has imposed a fine on Pladis for making misleading claims about its whole wheat biscuits, emphasizing the importance of truthful advertising.
SEBI has issued a warning to investors against relying on live trading strategies and real-time stock market tips shared on social media, urging them to engage only with registered intermediaries.
The RBI has amended the Third Amendment Directions concerning Responsible Business Conduct for Non-Banking Financial Companies. This update addresses engagement with recovery agents and reinforces ethical business practices.
The RBI has released the Third Amendment Directions concerning Housing Finance Companies, focusing on the engagement of recovery agents. This amendment is pivotal for HFCs in maintaining fair practices.
In response to evolving market conditions, the RBI has updated its Third Amendment Directions for Housing Finance Companies, focusing on recovery agent engagement practices.
The Reserve Bank of India has updated its guidelines for Non-Banking Financial Companies regarding responsible business conduct, focusing on recovery agent engagement.
The Reserve Bank of India has released the Third Amendment Directions concerning Housing Finance Companies, emphasizing changes in the engagement of recovery agents.
The Reserve Bank of India has announced fourth amendment directions for Local Area Banks, enhancing standards for responsible business conduct.
The Reserve Bank of India has issued fourth amendment directions for Regional Rural Banks concerning responsible business conduct and ethical recovery practices.