AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The RBI has implemented third amendment directions on Cash Reserve Ratio and Statutory Liquidity Ratio for Regional Rural Banks addressing new provisions for deposit management.
The RBI has released the Third Amendment Directions for Small Finance Banks concerning credit facilities, targeting improvements aligned with new operational guidelines under UPI.
The RBI has introduced the Fourth Amendment Directions for Commercial Banks related to credit facilities. These amendments are in response to new operational guidelines for pre-sanctioned credit lines through UPI.
The RBI has issued a circular to Authorised Dealer Category-I banks regarding open positions in line with previous directives. Banks must adhere to the provisions of the existing Master Directions on Risk Management and Inter-Bank Dealings.
A Hyderabad court has granted interim bail to Bandi Sai Bageerath, son of Union Minister Bandi Sanjay Kumar, in a POCSO case to facilitate his BBA exams, allowing temporary relief until June 25.
The Ministry of Corporate Affairs has extended the waiver for late fees on DPT-3 filings until 31 July 2026 due to service disruptions caused by a data center fire.
The NCLT directed the convening of creditor meetings for an amalgamation scheme after refusing to dispense with the equity shareholders' meeting due to lack of documentation.
The NCLT denied a request for releasing ₹9.15 crore in a DSRA due to unresolved issues concerning ₹166 crore in missing fixed deposits. Further scrutiny is required before any order permitting release.
The RBI has imposed penalties totaling ₹5 lakh on The Shimoga District Co-operative Central Bank and The Chittoor District Co-operative Central Bank for contraventions of the Banking Regulation Act.
The RBI has imposed a ₹5 lakh penalty on Hutatma Sahakari Bank Ltd., Maharashtra for non-compliance with its directives regarding loans to directors and related parties. This action highlights the RBI's enforcement of compliance in banking operations.
The latest edition of the SpicyIP Weekly Review covers significant developments in intellectual property law, including calls for papers and patent search methodologies, emphasizing the need for efficient legal research in the IP domain.
The National Law University, Jodhpur, invites original manuscripts for its Journal of Intellectual Property Studies, with submissions due by July 15, 2026. This presents a key opportunity for legal scholars to contribute to the field of IP law.
Taxpayers must file their GST Tribunal appeals against orders passed before April 1, 2026, by June 30, 2026. This article outlines important procedural steps and requirements.