AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
FeaturedNCLT rejects promoters' challenge to Union government's ₹5,431 crore recovery plea against Bhushan Power, affirming liability despite insolvency resolution.
FeaturedThe RBI has issued the Eleventh Amendment to its capital adequacy directions for commercial banks, aligning the leverage ratio framework with the 'Leverage Ratio 2017 Standard'.
FeaturedIBBI has notified major amendments allowing the Committee of Creditors (CoC) to recommend retention or exclusion of real estate projects during CIRP by a 66% vote. The final decision on exclusion rests with the Adjudicating Authority, and homebuyers now have representation on the Monitoring Committee.
FeaturedThe IBBI has issued new CIRP rules for real estate projects allowing the Committee of Creditors (CoC) to retain projects during resolution if 66% voting share is met. The move aims to stabilize realty insolvency cases and ensure faster decision-making.
FeaturedThe IBBI has notified major amendments allowing the Committee of Creditors (CoC) to retain or exclude real estate projects from CIRP with a 66% voting majority. While exclusion requires adjudicating authority approval, allottees now have representation on Monitoring Committees.
FeaturedThe Supreme Court has referred the long-pending Krishna-Godavari Basin gas migration dispute between Reliance Industries and the Union government to mediation, appointing former SC Judge Justice Ranjana Prakash Desai as mediator.
FeaturedSupreme Court refers question of whether MSME registration must predate arbitration under Section 18 to a three-judge bench.
FeaturedThe RBI issued the Eleventh Amendment Directions, 2026, aligning the leverage ratio framework for commercial banks with the 'Leverage Ratio 2017 Standard' under global Basel norms, enhancing systemic resilience.
FeaturedSC disqualifies ECL Finance from Committee of Creditors for holding policy-making rights, confirming its status as a related party under IBC.
FeaturedSupreme Court sets aside NCLT and NCLAT orders in a ₹14.66 crore dispute, directing fresh adjudication of share transfer evidence under Section 59 of the Companies Act.
FeaturedThe Supreme Court struck down Assam's 2004 rural medical diploma law for legislative incompetence but upheld the validity of the 2015 Community Health Professionals Act.
FeaturedSupreme Court holds that admission of a Section 7 application and initiation of CIRP under IBC is binding and cannot be challenged in collateral proceedings. Res judicata applies to insolvency admissions.
FeaturedRBI’s Eleventh Amendment to Capital Adequacy Directions adopts updated leverage ratio standards, enhancing bank resilience in line with global norms.