NCLT Delhi Sanctions Ambrosia Corner House Merger
The NCLT Delhi has approved the merger of Ambrosia Corner House with Kafila Hospitality, subject to regulatory compliance.
AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The NCLT Delhi has approved the merger of Ambrosia Corner House with Kafila Hospitality, subject to regulatory compliance.
Warburg Pincus has completed a 100% acquisition of Integrace Private Limited, facilitating a full exit for True North and Temasek. Legal advisement was provided by Cyril Amarchand Mangaldas.
Former Supreme Court Justice L. Nageswara Rao stated that the limited visibility of the India International Arbitration Centre indicates a broader trust deficit in institutional arbitration in India, as discussed during a recent panel event.

The Delhi High Court ruled that an employee cannot be penalized for their employer's failure to deduct tax at source, reaffirming principles under Section 205 of the Income Tax Act. This decision emphasizes that tax liability cannot be shifted from an employer to an employee when tax obligations were not fulfilled by the employer.
The Gauhati High Court has ruled that a regular criminal court does not have the authority to order the release of goods seized under the Customs Act, specifically under Section 110A.
The CESTAT Chennai has annulled a ₹4 lakh penalty imposed under Section 117 of the Customs Act, asserting that no contravention was established during the adjudication process.
The Delhi High Court has declined to entertain a writ petition concerning the starting point of the limitation period under Section 74(10) of the GST Act, directing the petitioner to pursue a statutory appeal instead.
The RBI has published its August 2026 Bulleting, which highlights the domestic economy's resilience despite global challenges. It features relevant monetary policy insights.
The Controller General of Patents, Designs and Trademarks (CGPDTM) has issued notifications inviting stakeholders to provide comments on new draft manuals concerning patents and trademarks, emphasizing stakeholder engagement in the regulatory process.
The Delhi High Court's recent appointment of an amicus curiae in a civil suit involving Vivek Oberoi raises important questions regarding the role of amicus curiae in litigation, especially when counsel withdraws from representation.
The Reserve Bank of India has shortened the temporary relaxation period for deposit interest rates across various banking sectors to August 31, 2026. This change affects Rural Cooperative Banks, UCBs, RRBs, Local Area Banks, and Small Finance Banks.
The Reserve Bank of India (RBI) has issued a directive excluding eligible FCNR(B) and NRE-funded advances from the Adjusted Net Bank Credit (ANBC) calculations for Priority Sector Lending (PSL) targets. This exclusion applies under specific deposit periods and compliance with CRR/SLR exemption limits.

The Delhi High Court has ruled that lending a Customs Broker licence and dongle for a monthly fee violates regulatory requirements, underscoring the importance of compliance in customs brokerage practices.