Karnataka HCcorporate
Section 164 Disqualification Does Not Vacate Office in Defaulting Company
Karnataka HC clarifies that disqualifications under Section 164 do not vacate a director's office in a defaulting company.
Jul 20, 2026Read more →
Legal News & Insights
AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
Corporate Law News
NCLT Mumbaicorporate
NCLT Rejects Jet Lite Employees’ Bid in Jet Airways Liquidation
NCLT Mumbai denies Jet Lite employees' claims to be treated as Jet Airways workmen in the company's liquidation process.
Jul 20, 2026Read more →
NCLT Kochicorporate
Fresh Cause of Action Can’t Be Added Through Amendment in NCLT Proceedings
NCLT Kochi disallowed amendments to a company petition that introduced new causes of action, clarifying boundaries defined by Rule 155 of the NCLT Rules.
Jul 20, 2026Read more →
Reserve Bank of Indiabankingcorporate
RBI Announces VRR Auction on July 20, 2026
The Reserve Bank of India has announced a Variable Rate Repo auction for July 20, 2026, aimed at managing liquidity in the banking sector.
Jul 20, 2026Read more →
Reserve Bank of Indiacorporatetax
RBI Releases Overseas Direct Investment Data for June 2026
The Reserve Bank of India has published comprehensive data on Overseas Direct Investment for June 2026, detailing investment flows and regulatory actions.
Jul 20, 2026Read more →
N/Acorporatehealth
Pharma Brand Name Extensions Under Scrutiny by CDSCO
The CDSCO invites comments on the use of brand name extensions by pharmaceutical companies amidst concerns of misleading practices.
Jul 20, 2026Read more →
Karnataka High Courtcriminalcorporate
Karnataka HC Remands PMLA Attachment for Ignored Objections
The Karnataka High Court remanded PMLA attachment proceedings after determining that the petitioner's objections were not adequately addressed by the Adjudicating Authority. This ruling emphasizes the necessity for authorities to consider all submissions during proceedings.
Jul 19, 2026Read more →
Calcutta High Courtcorporate
Calcutta HC Rejects Suit Filed During IBC Moratorium
The Calcutta High Court set aside a recovery decree issued during the IBC Section 96 interim moratorium, holding the suit was barred under Section 96(1)(b)(ii). This reinforces the protective nature of the moratorium against creditor actions.
Jul 19, 2026Read more →
NCLATcorporatereal_estate
NCLAT Affirms Homebuyers' Claims Not Extinguished Until Plan Approval
The NCLAT mandated the preparation of a Resolution Plan addendum to address homebuyers' claims prior to NCLT approval. This decision safeguards homebuyers' interests during insolvency resolution processes.
Jul 19, 2026Read more →
Supreme Court of Indiacivilcorporate
SC Upholds Delay Condonation in State’s Appeal with Costs
The Supreme Court upheld the condonation of a delay in filing a second appeal while imposing a cost of ₹50,000 on the state. This ruling allows for expeditious disposal of pending appeals.
Jul 19, 2026Read more →
Reserve Bank of Indiabankingcorporate
RBI Imposes Monetary Penalties on Multiple Companies
The RBI has imposed monetary penalties on several companies, including Satya MicroCapital and PAN Emami Cosmed, for non-compliance with regulatory directions.
Jul 19, 2026Read more →
NCLTcorporate
NCLT Upholds RP's Right to Reclaim Leased Assets During CIRP
The NCLT ruled that leased vehicles owned by a corporate debtor are part of the insolvency estate and must be returned to the Resolution Professional during CIRP.
Jul 19, 2026Read more →
NCLTcorporate
NCLT Admits Insolvency Plea Despite Late Fraud Allegations
The National Company Law Tribunal (NCLT) has ruled that fraud allegations raised after a demand notice do not qualify as a pre-existing dispute that could obstruct CIRP proceedings.
Jul 19, 2026Read more →