AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Reserve Bank of India is set to conduct a Variable Rate Repo auction on May 25, 2026, with an amount of ₹150,000 crore. This move aims to provide liquidity to the banking system amid evolving market conditions.
The Indian government's recent fee waiver for sports-related IP registrations raises critical concerns regarding the commodification of sports culture and fan engagement. This initiative prompts a deeper examination of what constitutes 'Sports IP' and its implications on exclusivity and ownership.
Starting June 2026, SEBI will implement a revised format for the Monthly Cumulative Report for mutual funds, following the introduction of new scheme categories. This change aims for better compliance and reporting.
The NCLT has ordered the dissolution of a corporate debtor after confirming all assets were liquidated and distributed under the relevant statutory provisions. The order follows compliance with the Insolvency and Bankruptcy Code.
ROC Patna has imposed a penalty on a company and its director for failing to file financial statements under Section 137(3) of the Companies Act, 2013, stressing compliance accountability.
ROC Patna has imposed penalties under Section 92(5) following a company's failure to file its annual return for FY 2019-20, highlighting the accountability of directors.
ROC has ordered penalties against a company and its managing director for ongoing non-filing of the mandatory annual return, reflecting strict adherence to Section 92(4) of the Companies Act.
ROC Haryana has ruled that failure to transfer an unspent CSR amount within six months is a violation, triggering substantial penalty proceedings amounting to over Rs. 37 lakh.
ROC Pune penalized a company for using private placement funds prior to filing Form PAS-3, highlighting non-compliance with the Companies Act's provisions regarding the timing of fund utilization.
ROC Pune has penalized a company for a 46-day delay in submitting e-Form PAS-3, emphasizing strict compliance with the filing timelines under Section 42 of the Companies Act.
ROC Pune ruled that procedural violations related to a private placement involving a single investor do not warrant multiple penalties, affirming the status of the transaction as one integrated event under Section 42 of the Companies Act.
The government has unveiled new Labour and Industrial Codes 2026 accompanied by updated central rules, prompting startups to evaluate their tax regime choices carefully.
The NCLT clarified that outstanding obligations related to an ongoing One-Time Settlement (OTS) cannot impede the admission of a Corporate Insolvency Resolution Process (CIRP).