AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Ministry of Corporate Affairs has extended the Companies Compliance Facilitation Scheme, allowing companies additional time to complete pending statutory filings without facing penalties. This extension aims to aid compliance and reduce the burden on companies.
The NCLT has admitted an insolvency plea against Nirvikar Films LLP, classifying undisputed interest as operational debt.
The NCLAT has ruled that procedural obstacles should not hinder the submission of additional affidavits in CIRP proceedings, emphasizing substantive justice.
The NCLT has ruled against homebuyers seeking to rework their claims in insolvency proceedings. Refunds received prior to CIRP will be categorized as principal instead of interest.
RBI has undertaken a comprehensive review of circulars issued under FEMA since 2000 to streamline the regulatory framework.
The NCLT approved stakeholder meetings for the Refex Composite Scheme after necessary clarifications regarding compliance.
The NCLT has allowed defreezing of Karti Chidambaram’s salary and family accounts while other assets remain frozen due to SFIO investigations.
The article outlines the meeting obligations under the Companies Act, 2013, specifying minimum requirements for various types of companies.
The article discusses recent rulings from Indian and UK courts regarding the use of AI in legal research, emphasizing the need for verification of AI-generated information.
The Ministry of Corporate Affairs has extended the Companies Compliance Facilitation Scheme, 2026 until 31 August 2026 due to delays in data center restoration following a fire incident on 5 June 2026.
The Insolvency and Bankruptcy Board of India suspended an Insolvency Professional for three years due to wrongful rejection of a confirmed claim and failure to adhere to orders.
The Reserve Bank of India has launched the 115th round of the Quarterly Industrial Outlook Survey (IOS) for the period of July-September 2026, assessing the business sentiment and expectations within the manufacturing sector.
The Reserve Bank of India has launched the 50th round of the Quarterly Services and Infrastructure Outlook Survey (SIOS), assessing business conditions and expectations for Q2:2026-27. This survey will inform economic outlooks in these sectors.