AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The RBI has issued new credit risk management amendments for Non-Banking Financial Companies, enhancing measures aimed at ensuring financial stability and risk mitigation in the financial sector.
The RBI issued new amendments focused on credit risk management for Rural Cooperative Banks, highlighting the importance of robust asset management amid economic pressures.
The RBI's latest directives focus on the resolution of stressed assets in All India Financial Institutions, enhancing frameworks necessary for managing distressed financial situations effectively.
The RBI has issued new amendments for Regional Rural Banks, focusing on improving credit risk management practices critical for ensuring financial stability and sound lending.
The RBI released amendments to the Income Recognition, Asset Classification, and Provisioning Directions for All India Financial Institutions, addressing critical aspects of asset management and compliance in the banking sector.
The RBI has sanctioned the voluntary amalgamation of The Bhavani Sahakari Bank Ltd. with TJSB Sahakari Bank Ltd., effective May 4, 2026. This move highlights ongoing structural shifts in the cooperative banking sector.
In a notable precedent, the Delhi High Court differentiated between generic and coined marks in keyword advertising, narrowing the intermediary safe harbor for platforms like Google. This decision has significant implications for trademark law and digital marketing practices.
The Delhi High Court ruled on May 22, 2026, that Google's allowance of bidding on the trademark 'HINDWARE' constitutes trademark infringement. This decision underscores the legal boundaries of keyword advertising and the responsibilities of digital platforms in managing trademark rights.
The Supreme Court ruled that importers must challenge assessment orders before filing for customs duty refunds, establishing crucial procedural requirements.
New customs notification grants a full exemption from customs duty and AIDC on raw cotton imports from June until October 2026, aiding the agricultural sector.
The Companies (Corporate Social Responsibility Policy) Amendment Rules, 2026 now validate investments in social stock exchange instruments as a valid CSR channel.
The NCLT Allahabad Bench has ruled in favor of a company's request to convert shares into guarantees, bypassing traditional shareholder meetings due to unanimous consent.
The Registrar of Companies has imposed penalties for submitting an incorrect document with Form AOC-4. The ruling emphasizes the importance of compliance with statutory requirements even after requests for rectification.