AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Delhi High Court has ordered the blocking of various websites illegally streaming cricket matches, affirming Sony Pictures' exclusive media rights. The injunction, granted by Justice Jyoti Singh, directly targets sites like cricfree.cyou.
The Gauhati High Court ruled that PAN Card and EPIC are insufficient as proof of citizenship in Foreigners Tribunal cases without reliable supporting documents.
The Bombay High Court directed the Debt Recovery Tribunal to maintain the status quo on recovery proceedings concerning secured assets pending final adjudication.
The Telangana High Court has established a stringent six-point framework for the provisional release of seized imported second-hand goods, including a mandatory bank guarantee.
The Delhi High Court ruled that reimbursements paid to EY US for secondee services are taxable as Foreign Technical Services (FTS) under Indian tax law. The ruling rests on the premise that the secondees provided technical knowledge to EY India entities.
SEBI plans to restore open market buy-backs through stock exchanges after tax changes improved equity treatment, introducing new compliance safeguards.
SEBI proposes amendments to the SDI Regulations to align with the RBI's framework for securitisation, enhancing market support.
SEBI introduces a fast-track AIF framework that transfers accountability from regulatory pre-approval to merchant bankers and fund managers, posing both benefits and challenges for investor protection.
This article discusses the implications of the NCLAT ruling on CFO appointments, emphasizing compliance with Section 203 for private companies appointing KMPs.
The NCLAT has overturned a CFO appointment, ruling that eligibility must align with Section 203 of the Companies Act, affirming the Act's precedence over company articles.
The Reserve Bank of India has set the cut-off underwriting commission rates for the latest auction. This auction is significant for Primary Dealers involved in government securities.
The Delhi High Court reaffirmed the principles of transborder reputation in trademark law amidst a dispute over the 'Whistler' mark. It emphasized the evidentiary demands required to prove such claims in the digital age.
RBI proposes a comprehensive regulatory framework focusing on managing risks from traditional and AI/ML models used in the financial sector to enhance accountability and governance.