AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The validity of contracts approved by interested directors varies between private and public companies based on their quorum and disclosure rules. This nuanced distinction has significant implications for corporate governance.
The RBI hosted a conference focused on cooperative societies, emphasizing the need for enhanced governance. Key officials from the RBI and state registrars participated in the discussions.
The RBI has scheduled an Overnight Variable Rate Reverse Repo auction for September 3, 2026, with a notified amount of ₹6,00,000 crore. This auction is part of the RBI's liquidity management strategy.
In KVIC v. Jaishukh N. Bhuta, the Bombay High Court distinguishes between disobedience of an injunction and the consequences of that disobedience. This ruling has implications for how courts may approach punitive measures for breaches.
SEBI clarifies that D-PMS clients can pledge their securities without violating regulatory compliance, with assets under management remaining until invocation.
SEBI has proposed to exempt eligible listed issuers from the mandatory appointment of merchant bankers for small-value debt private placements not exceeding Rs.10,000. This aims to simplify compliance for smaller issuers.
The Reserve Bank of India has appointed Shri Suman Ray as Executive Director effective September 1, 2026. Mr. Ray brings over 30 years of experience in central banking to his new role.
The RBI released findings from the survey covering foreign liabilities and assets of mutual funds for the fiscal year 2025-26, highlighting the significance of this sector.
The RBI has released its monthly data on India's international trade in services for July 2026, providing insights into service exports and imports.
SEBI has released a study analyzing retail participation trends in equity derivatives for FY25-FY26, focusing on trading behavior and profitability.
SEBI has signed a tripartite Memorandum of Understanding with RRU and NISM to collaborate on securities market capacity building.
BSE has released FAQs clarifying the requirements for filing record dates related to corporate actions for listed entities.
The SEBI has fixed the tenure of auditors for Infrastructure Investment Trusts (InvITs) at five years post the 2023 amendment, without allowing for a shorter term.