AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Supreme Court has affirmed the National Council for Teacher Education's (NCTE) right to demand annual performance reports from Teacher Education Institutes (TEIs), reversing a lower court's decision. This ruling reinforces regulatory oversight in teacher training.
The Karnataka High Court has called for a Geological Survey of India (GSI) report regarding the Peninsular Gneiss rock formation at Lalbagh amid challenges to the Bengaluru Twin Tunnel Road project. The court's direction aims to ensure geological stability and environmental safety.
The Delhi High Court has ruled that factual disputes related to Input Tax Credit (ITC) and Reverse Charge Mechanism (RCM) must be raised in Section 107 appeals rather than through writ proceedings. This decision categorically outlines the proper legal forum for such disputes.
The Gauhati High Court has ruled that refunds of Education Cess and Secondary and Higher Education Cess paid without legal authority are not barred by Section 11B of the Central Excise Act. This decision clarifies that refunds can be claimed despite timing limitations under the Act.
The RBI has mandated all scheduled commercial banks to report relief measures for natural calamities through a newly established Centralised Information Management System (CIMS) portal, introducing a half-yearly return format. This initiative is aimed at improving transparency and accountability in the distribution of relief funds.
On September 04, 2026, the RBI conducted an underwriting auction, determining the cut-off rate for underwriting commissions for Government securities. The completed auction signifies ongoing government borrowing mechanisms.
The RBI conducted a 3-day Variable Rate Reverse Repo auction on September 04, 2026, accepting ₹5,41,975 crore at a cut-off rate of 5.24%. This session saw a total of ₹7,00,000 crore notified.
The Reserve Bank of India (RBI) has announced a Variable Rate Reverse Repo auction for September 04, 2026, with a notified amount of ₹7,00,000 crore. The auction is part of the RBI's liquidity management strategy under the Liquidity Adjustment Facility.
The Delhi District Court ruled against IPRS in a dispute regarding licensing fees for television content in hotel rooms. The decision clarifies the responsibilities of hotels concerning copyright royalties amidst rising digital content consumption.
SEBI is considering an exemption for listed issuers from mandatory merchant bank appointment for small-value debt private placements of ₹10,000.
SEBI seeks comments on a proposal for net fund obligations in mutual fund cash-market trades while retaining gross securities settlement. This change aims to streamline the cash market transactions.
The Delhi Consumer Forum has ordered Zomato to pay a customer ₹8,250 for unlawfully canceling food orders, setting a precedent for consumer rights enforcement.
The Delhi High Court delivered a split verdict regarding the validity of an arbitral award worth ₹1,889 crore in the Jindal-NTPC dispute, sending the case to the Chief Justice.