AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The 624th Central Board meeting of the RBI was convened to discuss economic outlook and operational challenges. The meeting's outcomes may influence regulatory frameworks and monetary policy going forward.
The abandonment of Mavyret's patent does not open the market for Hepatitis C generics in India. Despite the government's efforts towards eliminating Hepatitis C by 2030, AbbVie’s Mavyret remains a key player in the treatment landscape.
The Karnataka High Court has relaxes bail conditions for Cabinet Minister B Nagendra, allowing him travel within India while restricting overseas travel until further permission is granted.
NCLT Chennai has allowed the merger of Sun Direct GO with its parent company without the need for a separate second motion. This decision is a significant advancement in procedural efficiency under the Companies Act.
The Reserve Bank of India has announced the assignment of lead bank responsibilities following the formation of five new districts in Ladakh, enhancing financial governance in the region.
The Reserve Bank of India released the results of the underwriting auction held for Government securities on August 21, 2026, detailing the cut-off rate for underwriting commission.
The Reserve Bank of India has announced the results of the 3-day Variable Rate Reverse Repo (VRRR) auction held on August 21, 2026, with a total acceptance of ₹95,970 crore at a cutoff rate of 5.24%.
The Jammu and Kashmir and Ladakh High Court has upheld the rejection of a bid, ruling that the MSME relaxation circular does not confer any enforceable rights to tenderers.
SEBI has resolved issues related to a breach of continuing interest obligation by an Alternative Investment Fund (AIF) following unequal investor drawdowns, with a settlement amount of ₹10.87 lakh.
The ITAT has ruled that a buyer's PAN is not necessary for cash jewellery sales below Rs. 2 Lakhs, quashing an addition of Rs. 13.68 crores based solely on suspicion.
The ITAT ruled to delete a Rs. 15.35 lakh addition, establishing that GST records proved there was no suppression of sales. This sets a precedent for the reliance on proper documentation.
Partners Vidyut Gulati and Anubhuti Agrawal from Shardul Amarchand Mangaldas have resigned to accept in-house legal positions at Cairn India and Hilton respectively, marking a significant transition in their careers.
Vidyut Gulati is set to transition from Shardul Amarchand Mangaldas to become General Counsel at Cairn India, bringing a wealth of experience to the role.