AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The RBI has issued comprehensive directions regarding the Kisan Credit Card (KCC) Scheme to Commercial Banks, emphasizing credit limits and disclosure norms.
The RBI has published new directions for Small Finance Banks related to the Kisan Credit Card (KCC) Scheme, highlighting key operational guidelines and compliance norms.
The RBI has introduced directions for Regional Rural Banks concerning the Kisan Credit Card (KCC) Scheme, detailing credit provisions and compliance requirements.
The RBI has published directions for Rural Co-operative Banks regarding the Kisan Credit Card (KCC) Scheme, outlining credit purposes, tenure, and disclosure requirements.
SEBI revised its Master Circular to clarify early pay-in margin rules in the commodity derivatives segment, allowing Clearing Corporations to waive margins based on risk perception.
SEBI seeks feedback on proposed changes to trading software and IT regulations aimed at enhancing efficiency. The changes intend to modernize the compliance framework and streamline operational norms.
The Kerala High Court has mandated that practitioners of electro-homeopathy must register under state laws, asserting that the practice cannot be viewed as unregulated.
The Supreme Court has declined to entertain a petition from a Himachal Pradesh judge challenging the Collegium's recommendation for judicial appointments. The court ruled that entertaining such a petition would open unnecessary legal avenues.
NCLT directed the convening of equity shareholders and unsecured creditors' meetings while dispensing with other meetings as part of a scheme of arrangement. The order provides for necessary procedural directions.
NCLT Mumbai approved meetings for shareholders and creditors of Delta Corp for a proposed business separation. The order outlines procedures for a composite demerger and amalgamation scheme.
A new collaboration between India's CSIR and Brazil's INPI focuses on access to the Traditional Knowledge Digital Library (TKDL), potentially influencing global biodiplomacy and traditional knowledge governance. This initiative extends the implications of patent examination practices.
The High Court has set aside the cancellation of GST registration, determining that the lack of specific factual reasons in the show cause notice left the taxpayer without a fair opportunity to respond.
The ITAT quashed an assessment due to a Section 143(2) notice issued by a non-jurisdictional Assessing Officer, highlighting the need for valid transfer orders.