
NCLT Dismisses Homebuyers’ Plea on Interest Appropriation
The NCLT has ruled against homebuyers seeking to rework their claims in insolvency proceedings. Refunds received prior to CIRP will be categorized as principal instead of interest.
AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.

The NCLT has ruled against homebuyers seeking to rework their claims in insolvency proceedings. Refunds received prior to CIRP will be categorized as principal instead of interest.
RBI has undertaken a comprehensive review of circulars issued under FEMA since 2000 to streamline the regulatory framework.
The NCLT approved stakeholder meetings for the Refex Composite Scheme after necessary clarifications regarding compliance.
The NCLT has allowed defreezing of Karti Chidambaram’s salary and family accounts while other assets remain frozen due to SFIO investigations.
The Orissa High Court upheld an ex parte interim injunction based on Order XXXIX of the CPC, clarifying the legal grounds for granting such injunctions.
The article outlines the meeting obligations under the Companies Act, 2013, specifying minimum requirements for various types of companies.
The article discusses recent rulings from Indian and UK courts regarding the use of AI in legal research, emphasizing the need for verification of AI-generated information.
The Ministry of Corporate Affairs has extended the Companies Compliance Facilitation Scheme, 2026 until 31 August 2026 due to delays in data center restoration following a fire incident on 5 June 2026.
The Insolvency and Bankruptcy Board of India suspended an Insolvency Professional for three years due to wrongful rejection of a confirmed claim and failure to adhere to orders.
The Reserve Bank of India has launched the 115th round of the Quarterly Industrial Outlook Survey (IOS) for the period of July-September 2026, assessing the business sentiment and expectations within the manufacturing sector.
The Reserve Bank of India has launched the 50th round of the Quarterly Services and Infrastructure Outlook Survey (SIOS), assessing business conditions and expectations for Q2:2026-27. This survey will inform economic outlooks in these sectors.
The Government of India will conduct an auction for the re-issue of Government Securities worth ₹32,000 crore on July 10, 2026. This auction will apply the Minimum Underwriting Commitment and other guidelines established under current regulatory frameworks.
This article discusses the evolution of legal deposit in the context of copyright law in India. It questions the current framework and its effectiveness in addressing access and dependency issues.