AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The CBDT hosted a webinar discussing the new Income-tax Act, 2025, with over 1,100 participants from 16 countries. The session focused on India’s evolving tax framework and international tax cooperation.
The NCLT permitted the correction of a default date in an insolvency plea against Coffee Day Global Ltd, ruling that it constituted a clarificatory amendment and did not introduce a new claim.
The Ministry of Corporate Affairs (MCA) has announced a relief measure extending deadlines for name reservations and e-form resubmissions following a data centre fire. Instances will be evaluated on a case-by-case basis.
The Calcutta High Court has upheld a bank's decision to withhold a No Due Certificate, affirming that all loan-related charges must be settled before such certification is granted.
The Reserve Bank of India has released a third amendment to the Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) for commercial banks, adjusting liquidity management rules.
The Reserve Bank of India has announced a third amendment to the Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) for small finance banks, impacting their liquidity management.
The RBI has published a third amendment to the Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) for urban co-operative banks, affecting liquidity management practices.
The RBI has announced a third amendment to the Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) for rural co-operative banks, targeting NRE term deposits.
The Reserve Bank of India has announced the third amendment to the Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) for regional rural banks, affecting NRE term deposits.
The Reserve Bank of India has released a notification regarding the Lead Bank Scheme, addressing policies relevant to the banking sector's approach to rural lending.
Several Indian states are set to auction securities worth ₹16,900 Crore. Bihar is among the states participating with a re-issue of its 7.69% state government securities.
The NCLT in Ahmedabad has ordered the rectification of Ambuja Cements' share register, declaring the transfer of 21,000 equity shares as fraudulent. This ruling highlights the tribunal's stance on shareholder protection and fraudulent transactions.
NSE Academy has received NCLT Mumbai's approval for a selective capital reduction of ₹241.32 crore, allowing repayment of excess preference capital under Section 66 of the Companies Act. This ruling underscores the framework for capital reduction under corporate law.