AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
Shardul Amarchand Mangaldas advised lead managers on Bharat Forge’s ₹2,000 crore qualified institutional placement, facilitating swift capital raising via equity issuance.
Khaitan & Co has advised Reliance Industries on a ₹12,000 crore private placement of non-convertible debentures, listed on BSE and NSE, carrying a 7.47% coupon rate.
Third Amendment Directions, 2026 enhance clarity on fair valuation of investments for commercial banks.
Second Amendment Directions, 2026 update fair valuation practices for Small Finance Banks' investment portfolios.
RBI revises investment portfolio norms for All India Financial Institutions to enhance market valuation clarity and uniformity.
Exim Bank has finalised a ₹4,850 crore Line of Credit to the Maldives government for developmental projects, supported by the Government of India.
The Reserve Bank of India has notified amendments to the Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026, under powers granted by the FEMA, 1999.
The Reserve Bank of India has released its September 2026 Monthly Bulletin, featuring economic analysis, financial statistics, and policy speeches. Key articles examine the state of the economy, credit-deposit divergence, and private corporate investment trends.
The NCLT admitted an insolvency petition against a corporate debtor, finding the demand notice demonstrated clear intention to enforce personal liability of guarantors. Reliance placed on Innoventive Industries precedent.
The NCLT ruled that absence of a separate postal receipt or acknowledgement does not invalidate a demand notice under Section 8 of the IBC, provided other proof of service exists. Service via registered post with postal indices suffices.
The National Company Law Tribunal (NCLT) held that leasehold rights in land constitute assets of a corporate debtor, allowing an interim application in insolvency proceedings. The ruling clarifies the scope of 'assets' under the IBC during liquidation.
SEBI has updated position limits for commodity derivatives and revised penalty provisions and definitions effective immediately. This move aims to enhance market integrity and compliance.
SEBI has released a consultation paper proposing revisions to director eligibility and operational protocols for key executive positions in Market Infrastructure Institutions (MIIs). This initiative aims to enhance governance standards in the sector.