AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
SEBI has modified the FPI Master Circular, exempting foreign portfolio investors (FPIs) investing solely in government securities from providing investor group details, effective immediately.
A recent overview details the pricing mechanisms for frequently traded shares under SEBI ICDR regulations, clarifying the methods for volume-weighted average price versus market price.
The NCLT has admitted a Corporate Insolvency Resolution Process (CIRP) in a case involving a ₹2.35 crore claim, affirming that evidence from invoices, TDS deductions, and part-payments substantiated the existence of operational debt.
In a recent judgment, the NCLAT rejected the admission of a claim for ₹1,885.08 crores as it conflicted with a previously adjudicated debt of ₹241.27 crores. The ruling emphasizes the importance of consistency in debt claims during insolvency proceedings.
The NCLAT has dismissed an appeal concerning interlocutory directions that enforced compliance with prior orders related to asset disclosure. The ruling asserts that compliance orders are not open to challenge if adequately justified.
In a significant decision, the Kerala High Court held that an Official Liquidator's claim under Section 446 can be filed within four years from the date of the winding-up order, rejecting limitation objections.
NCLT Mumbai has approved the amalgamation scheme for Tata Motors with its wholly-owned subsidiaries, dispensing with the need for stakeholder meetings. This move allows for a streamlined process subject to statutory notices.
The RBI has issued third amendment directions for Local Area Banks regarding the interest rates on deposits to maintain compliance with updated regulatory standards.
The RBI has outlined third amendment directions for Regional Rural Banks regarding the interest rates on deposits to stay aligned with recent economic conditions.
The RBI has issued third amendment directions updating the interest rates on deposits for Urban Co-operative Banks, aimed at encouraging competitive deposit offerings.
The RBI has issued directions updating the interest rates applicable to deposits held by Rural Co-operative Banks, aligning with the recent regulatory framework.
The RBI has released the results of the State Government Securities auction conducted on September 08, 2026, detailing various re-issues of securities from the states, highlighting the financial landscape and capital raising efforts.
The RBI has directed regulated entities to implement amendments to two entries in the UNSC ISIL (Da’esh) and Al-Qaida Sanctions List, reinforcing compliance measures under UAPA. This directive emphasizes stringent adherence to anti-terror financing regulations.