AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Delhi High Court ruled that reimbursements paid to EY US for secondee services are taxable as Foreign Technical Services (FTS) under Indian tax law. The ruling rests on the premise that the secondees provided technical knowledge to EY India entities.
SEBI plans to restore open market buy-backs through stock exchanges after tax changes improved equity treatment, introducing new compliance safeguards.
SEBI proposes amendments to the SDI Regulations to align with the RBI's framework for securitisation, enhancing market support.
SEBI introduces a fast-track AIF framework that transfers accountability from regulatory pre-approval to merchant bankers and fund managers, posing both benefits and challenges for investor protection.
This article discusses the implications of the NCLAT ruling on CFO appointments, emphasizing compliance with Section 203 for private companies appointing KMPs.
The NCLAT has overturned a CFO appointment, ruling that eligibility must align with Section 203 of the Companies Act, affirming the Act's precedence over company articles.
The Reserve Bank of India has set the cut-off underwriting commission rates for the latest auction. This auction is significant for Primary Dealers involved in government securities.
The Delhi High Court reaffirmed the principles of transborder reputation in trademark law amidst a dispute over the 'Whistler' mark. It emphasized the evidentiary demands required to prove such claims in the digital age.
RBI proposes a comprehensive regulatory framework focusing on managing risks from traditional and AI/ML models used in the financial sector to enhance accountability and governance.
The 2026 amendment to FEMA allows individuals resident outside India to invest in Indian listed companies, thereby broadening the investment landscape and raising limits.
The Reserve Bank of India has introduced the Integrated Ombudsman Scheme, 2026, offering a centralized mechanism for resolving complaints against regulated entities, complete with structured settlements and an appeal process.
The Kerala High Court has set aside a National Company Law Tribunal (NCLT) order, confirming the right of corporate debtors to file additional objections in insolvency proceedings. This decision underscores the judiciary's stance on procedural fairness in insolvency cases.
The Reserve Bank of India has introduced the Credit Derivatives Directions, 2026, which establish a framework for the introduction of derivatives on credit indices and total return swaps. This direction is aimed at enhancing market operations and fostering financial stability.