AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The 2026 amendment to FEMA allows individuals resident outside India to invest in Indian listed companies, thereby broadening the investment landscape and raising limits.
The Reserve Bank of India has introduced the Integrated Ombudsman Scheme, 2026, offering a centralized mechanism for resolving complaints against regulated entities, complete with structured settlements and an appeal process.
The Kerala High Court has set aside a National Company Law Tribunal (NCLT) order, confirming the right of corporate debtors to file additional objections in insolvency proceedings. This decision underscores the judiciary's stance on procedural fairness in insolvency cases.
The Reserve Bank of India has introduced the Credit Derivatives Directions, 2026, which establish a framework for the introduction of derivatives on credit indices and total return swaps. This direction is aimed at enhancing market operations and fostering financial stability.
The NCLAT has annulled a Chief Financial Officer's (CFO) appointment after determining that the first two nominees did not meet the eligibility criteria set forth in the Companies Act. This reinforces the importance of compliance with statutory requirements.
The DRT Chandigarh annulled a SARFAESI auction due to the bank's failure to provide a mandatory notice to legal heirs, highlighting compliance with statutory notice requirements.
The NCLT affirmed the Committee of Creditors' (CoC) decision to approve the GSW Enterprise resolution plan, emphasizing that courts should respect CoC's commercial wisdom when statutory requirements are met.
The Delhi High Court upheld the temporary nationwide blocking of Telegram, implicating copyright enforcement principles in public law. This ruling suggests expanded regulatory power based on platform architecture.
The Supreme Court upheld the dismissal of a writ petition, citing significant delay in filing without adequate explanation, thereby reinforcing the importance of timely appeals.
The Gauhati High Court annulled a GST registration cancellation order, noting the absence of a reasoned decision. The court emphasized the need for accountability in authority actions.
Karnataka High Court ruled against quashing a PMLA case involving a ₹20 crore land scam, emphasizing that it cannot conduct a mini-trial at the quashing stage. The court noted the seriousness of the allegations and the existence of a chargesheet.
SEBI has updated the ETF trading framework to improve price discovery and address inefficiencies arising from T-2 NAV-based pricing.
SEBI is proposing comprehensive changes to the Margin Trading Facility framework to enhance risk management and compliance efficiencies.