AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
India's Social Security Code consolidates multiple labor laws into a unified framework that boosts protection for all workers, including those in the gig economy.
The NCLAT confirmed that separate supply obligations in a joint venture arrangement can qualify as operational debt under the IBC. This ruling underscores the importance of distinct agreement terms in determining insolvency proceedings.
The NCLT has ruled that an unsuccessful one-time settlement attempt does not preclude the admission of insolvency proceedings under Section 7 of the IBC.
The NCLT ruled that a financial creditor cannot be compelled to postpone insolvency proceedings based on ongoing one-time settlement discussions when the debt and default are acknowledged.
The NCLT has dissolved Oxygen Lifeline Retail following the successful resolution process under the IBC, confirming compliance with statutory requirements and e-auction of assets.
The NCLT has determined that the Employees' Provident Fund Organisation (EPFO) cannot lodge provident fund claims in corporate insolvency resolutions without prior statutory determination under the EPF Act.
The Reserve Bank of India announced the results of the underwriting auction for government securities held on May 22, 2026, determining cut-off rates for underwriting commissions due to primary dealers.
The Reserve Bank of India successfully conducted a 3-day Variable Rate Repo auction on May 22, 2026, allotting ₹81,590 crore at a cut-off and weighted average rate of 5.26%. This auction aims to manage liquidity in the financial system.
The Indian intellectual property community mourns the passing of Mr. Guruswamy Nataraj, founder of LCGN Advocates, recognizing his significant contributions to patent law.
The Madras High Court is set to consider the constitutional validity of a new Tamil Nadu law that restricts coercive recovery actions by money lending entities, amid petitions filed by various NBFCs.
Wingreens Farms has successfully completed a ₹120 crore Series D fundraise led by Ashish Kacholia, while concurrently acquiring Safe Harvest. Antares Legal advised on both transactions.
The RBI plans to conduct a USD/INR Buy/Sell Swap auction worth USD 5 billion on May 26, 2026, to enhance liquidity. This measure is critical for foreign exchange stability.
The RBI has issued revised draft amendment directions on the conduct of regulated entities in loan recovery and the engagement of recovery agents, reflecting stakeholder feedback.