Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
FeaturedCyril Amarchand Mangaldas, S&R Associates, and Hogan Lovells advised on Hero Motors' ₹1,000 crore IPO, comprising fresh issue and offer for sale by promoters.
FeaturedThe Securities Appellate Tribunal has set aside SEBI's communication regarding the withdrawal of an open offer based on Material Adverse Effect and remanded it for reconsideration.
FeaturedThe Bombay High Court has ruled that only the Securities and Exchange Board of India (SEBI) has the authority to prosecute front-running cases, reaffirming the Section 26 bar against other entities. This decision underlines SEBI's exclusive jurisdiction over such offences, highlighting the regulatory framework surrounding securities law.
FeaturedThe SAT ruled that income tax paid on unlawful gains cannot be offset against SEBI-ordered disgorgement, reaffirming the integrity of disgorgement as a remedy.
FeaturedSEBI has approved comprehensive reforms aimed at simplifying compliance processes for securities markets. These include revisions to buy-backs, mutual funds, AIFs, and investor protections.
FeaturedSEBI proposes a revamped API-based framework to enhance trade processing efficiency by replacing the centralized STP Hub with direct connections between service providers.
FeaturedSEBI has proposed significant amendments to the regulatory framework for exchange-traded derivatives, aiming to simplify compliance norms and eliminate outdated provisions through a consolidated consultation paper.
FeaturedSEBI has published a revised Master Circular that consolidates surveillance-related directives aimed at ensuring compliance among stock exchanges, listed companies, intermediaries, and fiduciaries. Key enhancements include stricter insider trading compliance measures and automated restrictions on trading windows.
FeaturedSEBI has proposed comprehensive amendments to the Buy-Back Regulations, reintroducing open market buy-backs and simplifying compliance requirements to enhance investor protections.
Shardul Amarchand Mangaldas advised lead managers on Bharat Forge’s ₹2,000 crore qualified institutional placement, facilitating swift capital raising via equity issuance.
RBI publishes results of ₹34,000 crore auction for 6.94% Government Stock 2036. Cut-off yield at 7.1450%, with ₹83,880 crore bids received.
RBI releases indicative calendar for Government of India dated securities, including Sovereign Green Bonds, for second half of FY27.