Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The NCLT directed the convening of creditor meetings for an amalgamation scheme after refusing to dispense with the equity shareholders' meeting due to lack of documentation.
The NCLT denied a request for releasing ₹9.15 crore in a DSRA due to unresolved issues concerning ₹166 crore in missing fixed deposits. Further scrutiny is required before any order permitting release.
In light of a recent data centre fire, the Ministry of Corporate Affairs has granted temporary deadline relief for name reservations and E-Form resubmissions, subject to verification.
The Ministry of Corporate Affairs (MCA) has announced deadline relief for name reservations and E-Form resubmissions due to a recent data centre fire, allowing companies to resubmit on a case-by-case basis.
The RBI has announced an auction for 91-Day, 182-Day, and 364-Day Treasury Bills.
The Ministry of Corporate Affairs has announced a waiver of late fees for filing Form DPT-3 until July 31, 2026, due to disruptions caused by a recent data center fire. This extension provides relief to companies in fulfilling their compliance obligations.
NCLT Kolkata upheld a winding-up petition filed by the SFIO through a government-authorized officer, affirming the validity of such petitions under the Companies Act. This ruling clarifies the authority of SFIO in corporate insolvency matters.
The NCLT has permitted the Palco amalgamation scheme while requiring the company to hold meetings of equity shareholders, citing insufficient evidence for dispensation. This ruling clarifies the obligations under corporate amalgamation procedures.
In light of recent disruptions due to a data center fire, the Ministry of Corporate Affairs (MCA) has extended the deadline for DPT-3 filings until July 31, 2026.
The Institute of Chartered Accountants of India (ICAI) is enrolling 25 CA firms under the PM Internship Scheme aiming to create 2,000 internship opportunities, fostering practical training in the field.
The Institute of Chartered Secretaries and Administrators (ICSI) has mandated members to update their personal contact details to ensure effective communication. The use of common mobile numbers and email IDs is prohibited to facilitate seamless authentication.
In a significant ruling, the NCLT has initiated insolvency proceedings against Evoq Remedies for failing to deliver goods worth ₹1.95 crore, marking a critical development in the enforcement of commercial obligations.