AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The RBI has levied penalties on multiple credit information services for non-compliance with updating regulations. This includes significant penalties on Equifax and TransUnion CIBIL.
The District Court of Darjeeling has ruled on whether hotels must pay royalties for TV content in guest rooms. The case raises important questions about copyright licensing for hospitality services.
The Copyright Office's refusal to register AI-generated artwork by DABUS raises critical questions about authorship in the context of AI. The decision calls into question the balance between originality and human creative control.
The CGPDTM has released new draft guidelines for patent applications in the pharma and biotech sectors, inviting stakeholder feedback to enhance the patenting procedures. These guidelines aim to streamline processes related to healthcare inventions.
ITAT Mumbai has remanded the cancellation of 12AB registration back to the CIT(E) for a clear violation charge and meaningful hearing, highlighting procedural fairness in tax assessments.
The Delhi High Court has mandated that factual disputes concerning Input Tax Credit (ITC), Reverse Charge Mechanism (RCM), and tax computation should be addressed through the appellate process, not writ proceedings.
The Gauhati High Court has ruled that claims for refunds of Education Cess and SHE Cess paid under a mistake of law are not barred by Section 11B of the Central Excise Act.
The NCLT ruled that the demerger of a mortgaged asset does not discharge a continuing corporate guarantee, allowing J&K Bank's ₹87.43 crore insolvency plea to proceed.
In a significant ruling, the NCLT approved a ₹104 crore consolidated resolution plan despite ongoing fraud proceedings, clarifying the non-impediment of Corporate Insolvency Resolution Process (CIRP).
The NCLAT affirmed the National Company Law Tribunal's (NCLT) jurisdiction to restrain Annual General Meetings (AGMs) despite ongoing appeals, underscoring the tribunal's interim powers.
The Reserve Bank of India has released the fourth amendment directions relating to Cash Reserve Ratio and Statutory Liquidity Ratio for rural co-operative banks, addressing exemptions on specified deposits.
The Reserve Bank of India has instituted a new half-yearly reporting requirement through the Centralised Information Management System to aid in the assessment of financial measures following natural calamities. Scheduled commercial banks and others are advised to comply.
Chief Justice Ramesh Sinha of the Chhattisgarh High Court has retired, concluding nearly 15 years of judicial service. He emphasized the transient nature of individual officeholders in contrast to the enduring nature of judicial institutions.