SEBI Permits Digital KYC for NRIs, OCIs
From 3 December 2026, SEBI allows remote digital KYC for NRIs, OCIs, and foreign nationals from FATF-compliant jurisdictions, using video-based identity proofing and verified document upload.
Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
From 3 December 2026, SEBI allows remote digital KYC for NRIs, OCIs, and foreign nationals from FATF-compliant jurisdictions, using video-based identity proofing and verified document upload.
SEBI has updated the accredited investor regime with manager-led verification, a three-year validity period, and revised eligibility criteria including a ₹5 crore investment exposure threshold.
The Securities and Exchange Board of India (SEBI) has implemented the SEBI (Settlement of Administrative and Civil Proceedings) Regulations, 2026, effective 7 November 2026. The framework includes an online application portal, calculator, FAQs, and a help desk to streamline dispute resolution.
FeaturedSikkim High Court suspends Mangan District Judge Prajwal Khatiwada pending disciplinary proceedings, after he complained to Supreme Court of being targeted for reporting HC judge misconduct.
Delhi High Court’s Justice Prathiba M Singh advocates for nationwide specialized IP courts under amended Commercial Courts Act to ensure uniformity and expertise in IP adjudication.
FeaturedThe Allahabad High Court criticized Uttar Pradesh Police for routinely infringing upon citizens' fundamental rights, terming the state of civil liberties 'shameful'. The court emphasized that police must uphold constitutional safeguards.
FeaturedCalcutta High Court holds that appeals against FERA penalties retain their criminal nature even after FEMA replaced FERA, allowing them to be treated as criminal appeals.
FeaturedThe Calcutta High Court refused to quash an FIR alleging GST-related offences under the Bharatiya Nyaya Sanhita, holding that prior sanction from the GST Commissioner is not required for registration of an FIR under the BNS.
FeaturedThe Himachal Pradesh High Court quashed a Show Cause Notice issued under Rule 96(10) of the CGST Rules, which had been omitted, holding that proceedings based on a non-existent rule are nullity in law.
RBI issues multiple advisories implementing updates to UN sanctions lists under UAPA, requiring financial entities to amend watchlists for Taliban and ISIL (Da'esh) designations. Three entries removed, eight amended across UNSC 1989 and 1988 regimes.
The Reserve Bank of India has issued master directions on cyber resilience and digital payment security controls for non-bank payment system operators, effective November 2026. The framework mandates robust cyber risk management, incident reporting, and system audits.
The RBI has extended regulatory directions under Section 35A and Section 56 of the Banking Regulation Act, 1949, for Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru, citing public interest. The directive remains in force beyond July 10, 2020.