AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Ministry of Corporate Affairs (MCA) has expanded the eligibility criteria for Corporate Social Responsibility activities to include investments in Zero Coupon Zero Principal Instruments, thereby promoting funding through Social Stock Exchanges.
The Delhi High Court ruled that expenses like phones and cars incurred by companies cannot be deemed personal expenditure. This ruling overturns a previous income tax disallowance, affirming that companies, as separate legal entities, do not incur personal expenses unlike individuals.
Delhi High Court ruled that company expenses such as phone and car are business-related and not personal, reversing previous income tax disallowance. This distinction highlights the unique nature of corporate expenditures compared to individual assessments.
The Reserve Bank of India has issued amendments pertinent to urban co-operative banks, specifically addressing governance and board appointments. This development is shaped by the Banking Regulation (Amendment) Act, 2020.
The Reserve Bank of India has announced the Reserve Bank of India (Rural Co-operative Banks - Governance) Amendment Directions, 2026, enhancing governance protocols based on the Banking Regulation (Amendment) Act, 2020. These directions amend the structure and responsibilities of the Board of these banks.
The Reserve Bank of India has sanctioned the voluntary amalgamation of The Bhavani Sahakari Bank Ltd. with TJSB Sahakari Bank Ltd., effective from May 4, 2026.
In a recent case, the Delhi High Court's order regarding personality rights demonstrates the complexities of IP law as it intersects with private rights and public discourse, demanding critical examination.
The Delhi High Court issued an ex parte injunction in Ivy Entertainment v. Rahul Singh, protecting the plaintiff's claimed distinctive hook line from unauthorized use, reflecting the complexities surrounding copyright in music.
The Delhi High Court ruling in the '20-20' trademark dispute challenges the prioritization of filing over marketplace realities, raising critical questions about the coexistence of registration and existing goodwill.
In Anamika Sood v. Google LLC & Saregama India Ltd., the Saket District Court ruled in favor of independent artist Anamika Sood, recognizing her ownership of the song 'Ferrareee' and rejecting Saregama's expired copyright claims. This ruling raises concerns about the commercial misuse of copyright disputes.
The ITAT ruled that the Principal Commissioner of Income Tax (PCIT) exceeded jurisdiction by raising new issues not included in the show-cause notice. This ruling is critical for delineating the boundaries of PCIT authority.
The Income Tax Appellate Tribunal (ITAT) quashed a reassessment notice issued under Section 148, determining it was based on incorrect facts and assumptions. The ruling highlights the necessity of accurate representation of facts in reassessment proceedings.
The Supreme Court has ruled that certification of electronic evidence under the Bharatiya Sakshya Adhiniyam is not limited to government-notified examiners, allowing qualified private cyber forensic experts to certify records.