AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Reserve Bank of India has conducted an underwriting auction for the re-issue of Government Security, amounting to ₹34,000 crore. The cut-off rates for underwriting commission payable to Primary Dealers have been finalized.
A Chandigarh court has denied bail to a man arrested for posting allegedly misleading information about Prime Minister Narendra Modi. The court stated that granting bail could disturb public order due to the serious nature of the allegations.
A recent analysis reflects on the limitations of India’s patent law provisions relying on Sections 92 and 100, highlighting the ongoing Ribociclib litigation as a critical case study. The emphasis is laid on the infrastructure challenges rather than merely legal impediments in improving access to patented medications.
The Delhi High Court has issued a detailed 100-page pro tem security deposit order in favor of InterDigital, marking a significant development in standard-essential patent (SEP) litigation. This order not only clarifies the distinction between ad-interim and interim injunction stages but also provides valuable insights regarding the persuasive value of foreign decisions.
The RBI has issued draft guidance outlining regulatory expectations for data governance, inviting feedback by August 17, 2026. This initiative emphasizes the importance of data quality and compliance risk management for regulated entities.
The Finance Ministry has introduced AI technologies to enhance the detection and prevention of digital payment frauds through initiatives like MuleHunter.AI and DPIP pilot. This strategic move aims to bolster cybersecurity in digital transactions.
The RBI has issued directives prohibiting banks from bundling insurance products with home loans, marking a significant step towards fair banking practices. This decision aims to enhance customer protection and transparency in financial services.
In a significant ruling, the SAFEMA Tribunal has overturned PMLA freezing orders against cryptocurrency exchanges WazirX and Vauld, emphasizing the necessity for reasoned adjudication. The Tribunal has remanded the matter for fresh hearings.
The SAFEMA Tribunal upheld a FEMA contravention related to a software import case but significantly reduced the penalties imposed on the company and its Director. This decision highlights the Tribunal's discretion in penalty assessment despite affirming compliance violations.
The Karnataka High Court ruled against the Revenue's selective challenge to an assessee's ITC computation method, emphasizing the need for consistency in tax matters.
The Delhi High Court has granted SpiceJet income tax relief amounting to ₹28.59 crores, concluding that the FCCB redemption premium qualifies as a revenue expenditure.
SEBI has proposed extensive revisions to the Portfolio Managers Regulations, emphasizing new investment avenues and compliance measures with comments due by August 13, 2026.
SEBI has issued a draft circular seeking comments on significant changes to the online dispute resolution framework for the securities market, including revised processes and roles for market intermediaries.