AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Calcutta High Court dismissed a plea from National Insurance based on outdated information and enhanced compensation under the MACT, solidifying the standard that suspicion cannot replace actual proof.
The Karnataka High Court quashed a forgery case against a businessman, asserting that mere designation as an accused is insufficient to maintain proceedings against him, following the appellate authority's ruling.
SEBI issued a clarification regarding Regulation 62A, which outlines compliance obligations when a debt-listed entity takes on unlisted Non-Convertible Debenture (NCD) obligations through corporate restructuring.
The Punjab and Haryana High Court has directed an accused woman in a placement fraud case to widely publicize the allegations against her in newspapers, emphasizing transparency in legal proceedings.
Prime Minister Narendra Modi has proposed the establishment of fast-track courts to expedite trials related to examination paper leaks, ensuring swift justice. This move is aimed at reinforcing the integrity of examination processes.
The Delhi High Court has agreed to urgently hear a PIL seeking an NIA investigation into the recent Cockroach Janta Party protests, which were marked by a march to Parliament. The decision highlights the legal scrutiny surrounding citizen protests.
Lawyers in Delhi and Mumbai have condemned police violence against students protesting over examination paper leaks, describing the actions as an infringement of constitutional rights. They demand accountability for police excesses during peaceful assemblies.
The Reserve Bank of India has cancelled the registrations of 135 Non-Banking Financial Companies (NBFCs) under Section 45-IA. The action is part of regulatory compliance enforcement measures and reflects ongoing oversight of the financial sector.
The Reserve Bank of India has issued draft guidance on regulatory expectations for data governance, inviting public comments until August 17, 2026. This guidance focuses on enhancing data quality and governance practices among regulated entities.
The Reserve Bank of India has released the draft Foreign Investment Rules, 2026, inviting public comments until August 31, 2026. This new framework seeks to simplify and enhance the principles governing foreign investments in India.
The Gauhati High Court ruled that objections related to the non-issuance of Form GST ASMT-10 and audit material can be raised before the statutory appellate authority. This decision clarifies the procedural rights of taxpayers under GST.
The ITAT has upheld that 'interest on interest' is not applicable in the context of partial refund adjustments as per Section 244A of the Income Tax Act.
The government has granted income tax exemption to the Delhi Pollution Control Committee, applicable to non-commercial activities, ensuring continuity across taxing regimes.