AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
FeaturedThe Tribunals Reforms Act 2026 establishes a National Tribunals Commission, revising appointments, conditions, and administration of tribunals to enhance efficiency and governance.
FeaturedThe Supreme Court ruled on the applicability of Section 7 of the Insolvency and Bankruptcy Code, allowing a financial creditor's plea based on acknowledgment of debt in balance sheets, despite limitations. This decision clarifies conditions under which acknowledgment can extend the limitation period for insolvency applications.
FeaturedThe Madras High Court's ruling in Novartis AG v. Venkata Narayana Active Ingredients delineates the evidentiary standards necessary to invoke the Bolar exemption for regulatory approval purposes. This clarification aims to mitigate burdens on manufacturers.
FeaturedThe central government has taken control of mine regulation by prohibiting states from imposing taxes on mines and minerals. The new legislation aims to establish uniform regulatory conditions for the mining sector across India.
FeaturedThe Bombay High Court ruled that post-facto approval by the NCLT under Section 33(5) of the IBC validates arbitration proceedings from the approval date onward, negating the claim of nullity from inception.
FeaturedThe Supreme Court has determined that money lending laws enacted by Kerala and Gujarat do not apply to RBI-registered Non-Banking Financial Companies (NBFCs), citing that the RBI Act, Chapter III-B provides comprehensive regulatory oversight for these entities.
FeaturedThe Bombay High Court ruled that the May 2026 amendment to the IBC, which excludes personal guarantors from the interim moratorium, is applicable to ongoing insolvency cases.
FeaturedThe NCLT has ordered the directors of Baid Industries to repay ₹5.14 crore for illegal asset transfers during the Corporate Insolvency Resolution Process (CIRP), imposing a 12% interest penalty.
FeaturedThe NCLT has initiated Corporate Insolvency Resolution Process (CIRP) against Comet Granito Pvt. Ltd. after the company defaulted under the Trade Receivables Discounting System (TReDS). This development opens the door for creditor claims under the IBC framework.
FeaturedThe Supreme Court clarifies that the moratorium under the Insolvency and Bankruptcy Code (IBC) only protects corporate debtors, allowing consumer claims against promoters and co-respondents to proceed.
FeaturedThe Delhi High Court has granted well-known status to the mark 'ALPHARD,' establishing criteria for trans-border reputation and highlighting its significance in luxury markets.
FeaturedKKR has completed the acquisition of Medicover's stake in Sahrudaya Health Care, amounting to approximately €1.2 billion. Multiple firms advised on this high-profile transaction.
FeaturedThe Supreme Court upheld the Delhi High Court's ruling that payments made to foreign cloud service providers are not taxable in India unless there is a transfer of technology or intellectual property rights.