Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
FeaturedSC disqualifies ECL Finance from Committee of Creditors for holding policy-making rights, confirming its status as a related party under IBC.
FeaturedSupreme Court sets aside NCLT and NCLAT orders in a ₹14.66 crore dispute, directing fresh adjudication of share transfer evidence under Section 59 of the Companies Act.
FeaturedThe Supreme Court struck down Assam's 2004 rural medical diploma law for legislative incompetence but upheld the validity of the 2015 Community Health Professionals Act.
FeaturedSupreme Court holds that admission of a Section 7 application and initiation of CIRP under IBC is binding and cannot be challenged in collateral proceedings. Res judicata applies to insolvency admissions.
FeaturedRBI’s Eleventh Amendment to Capital Adequacy Directions adopts updated leverage ratio standards, enhancing bank resilience in line with global norms.
FeaturedSEBI's October 2026 SME IPO reforms propose ₹3 crore operating profit threshold, enhanced QIB allocation, and structured migration paths for listed SMEs.
FeaturedSupreme Court holds that once admission of Section 7 application under IBC is recorded, it is binding and cannot be challenged in collateral proceedings.
FeaturedThe India-Mauritius Double Taxation Avoidance Agreement has been amended to introduce a Principal Purpose Test, denying tax benefits in cases of treaty abuse and artificial structures.
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.
FeaturedThe Supreme Court has ruled that an admission of claim under Section 7 of the IBC, leading to initiation of CIRP, is conclusive and cannot be resiled from in subsequent legal proceedings.
FeaturedIndia and Mauritius amend Double Taxation Avoidance Agreement to introduce Principal Purpose Test and deny treaty benefits in abuse cases.
FeaturedSupreme Court rules that admission of a Section 7 application and initiation of CIRP under IBC is binding and cannot be resiled from in parallel proceedings.