AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Reserve Bank of India has released Amendment Directions impacting the classification and valuation of investment portfolios for Rural Co-operative Banks, responding to operational needs.
The RBI has amended the directions concerning the classification, valuation, and operation of investment portfolios for Regional Rural Banks, reflecting a response to operational contingencies.
The Kerala High Court ruled that a university's Syndicate cannot challenge its Chancellor's disciplinary decisions, establishing a clear understanding of the governance structure outlined in the Calicut University Act.
The Karnataka High Court has permitted eight companies to use Ashwagandha leaf in health supplements, despite a ban by the FSSAI, after they challenged the directive. This ruling may reshape health supplement formulations in India.
The West Bengal government has appointed Senior Advocates Rajdeep Mazumder, Nilanjan Bhattacharyya, and Dibyendra Narayan Ray to key law positions amid political changes. This move highlights the evolving legal landscape in the state following a change in governance.
The RBI has published trade data for services in March 2026, showing significant trends in exports and imports.
The final redemption for the Sovereign Gold Bond (SGB) 2018-19 Series-I is set for May 4, 2026, based on gold prices.
The RBI has announced the withdrawal of ₹2000 banknotes from circulation. The facility for deposit and exchange was available until October 7, 2023.
The ambiguity surrounding Section 3(k) of the Indian Patents Act continues to present challenges for patentability determinations. Recent legal analyses emphasize the need for clarity in its interpretation.
The Indian IP community mourns the loss of Mr. Guruswamy Nataraj, founder of LCGN Advocates. Known for his exceptional patent law practice, Nataraj's passing marks a significant loss for the field.
The CBIC has implemented a system for fast-track customs clearance of hazardous import cargo, effective July 1, 2026, enhancing compliance for importers.
The Tribunal has upheld the findings of fraud related to third-party shipping bills but reduced penalties based on the principle of proportional liability. This ruling clarifies the quantum of penalties that can be levied.
The CBIC has clarified that the physical boarding of customs officers cannot delay vessel entry and sail-out clearance, streamlining port operations. This initiative aims to facilitate faster cargo operations through increased digital processes.