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AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.

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Indoor Management Rule in Board Resolutions
Legal Analysiscorporate

Indoor Management Rule in Board Resolutions

Analysis of Turquand’s rule, Section 118, SS-1 and constructive notice in contested board resolution validity.

Oct 1, 2026Read more →
RBI Updates Investment Rules for Payments Banks
Reserve Bank of Indiabankingregulatory

RBI Updates Investment Rules for Payments Banks

Second Amendment Directions issued for Payments Banks to standardise investment valuation. Ensures consistent and transparent portfolio management.

Oct 1, 2026Read more →
RBI Eases ATM Cassette Swap Monitoring for Banks
Reserve Bank of Indiabankingcyber

RBI Eases ATM Cassette Swap Monitoring for Banks

The RBI has modified its 2022 ATM cassette swap guidelines, allowing bank boards to delegate monitoring responsibility. Ensures smoother implementation while maintaining security oversight.

Oct 1, 2026Read more →
RBI Withdraws Obsolete Currency Management Guidelines
Reserve Bank of Indiabankingregulatory

RBI Withdraws Obsolete Currency Management Guidelines

The Reserve Bank of India (RBI) has withdrawn outdated circulars on currency management as part of its regulatory rationalisation initiative. Banks must comply with the updated framework effective October 1, 2026.

Oct 1, 2026Read more →
State Govt Securities Auction Results Released
Reserve Bank of Indiabankingpublic_finance

State Govt Securities Auction Results Released

RBI conducted yield-based auctions of state government securities on September 29, 2026, raising ₹3,400 crore. Assam and Bihar re-issued securities with yields between 7.87% and 7.97%.

Sep 30, 2026Read more →
Criticism of IPO’s 2026 Draft Pharmaceutical Patent Guidelines
N/Aintellectual_propertypharmaceutical

Criticism of IPO’s 2026 Draft Pharmaceutical Patent Guidelines

The IPO’s 2026 Draft Guidelines face strong critique for misquoting law and risking disruption to patent prosecution in pharmaceuticals; calls grow for immediate revision.

Sep 30, 2026Read more →
Maharashtra Oil Extractions Files ₹370 Cr DRHP for IPO
National Securities Depository Limited / SEBIcorporatecapital_markets

Maharashtra Oil Extractions Files ₹370 Cr DRHP for IPO

Maharashtra Oil Extractions Ltd files DRHP for ₹370 crore fresh issue; details business, financials, fund use, and key risks including litigation.

Sep 30, 2026Read more →
SEBI Simplifies Nomination for Demat and MF Accounts
Securities and Exchange Board of Indiasecuritiesconsumer

SEBI Simplifies Nomination for Demat and MF Accounts

SEBI has simplified nomination norms for demat accounts and mutual fund folios, introducing default nomination, opt-out options, and reduced documentation.

Sep 30, 2026Read more →
BJP's Dubey files ₹2 crore defamation suit against ex-bureaucrat Garg
Delhi High Courtdefamationcivil

BJP's Dubey files ₹2 crore defamation suit against ex-bureaucrat Garg

BJP MP Nishikant Dubey has filed civil and criminal defamation suits against former Finance Secretary SC Garg over allegations of 'blackmailing', seeking ₹2 crore damages in Delhi HC.

Sep 29, 2026Read more →
Employee Dues Adjustable Against Gratuity on Valid Undertaking: KC
Karnataka High Courtlabourcorporate

Employee Dues Adjustable Against Gratuity on Valid Undertaking: KC

Karnataka HC allows recovery of employee dues from gratuity if valid undertaking permits adjustment.

Sep 29, 2026Read more →
Government reissues ₹33,000 crore in dated securities
Government of Indiabankingfinancial_regulation

Government reissues ₹33,000 crore in dated securities

The Government of India reissued four dated securities on September 29, 2026, aggregating ₹33,000 crore, to meet fiscal funding requirements through market borrowings.

Sep 29, 2026Read more →
SEBI Simplifies Nomination Rules for Demat Holdings
SEBI Circularsecuritiesconsumer

SEBI Simplifies Nomination Rules for Demat Holdings

SEBI has revised nomination norms for demat accounts and mutual fund folios, introducing default nominations, opt-out options, and simplified documentation to enhance ease of succession.

Sep 29, 2026Read more →
SEBI Issues New Master Circular for Debenture Trustees
SEBI Circularcorporatebanking

SEBI Issues New Master Circular for Debenture Trustees

SEBI has issued a consolidated Master Circular for Debenture Trustees effective September 28, 2026, replacing the earlier circular dated August 13, 2025. The move aims to streamline regulatory compliance and enhance investor protection.

Sep 29, 2026Read more →
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