Reserve Bank of Indiabankingcorporate
Penalty on GIC Housing Finance Limited by RBI
RBI imposes a monetary penalty on GIC Housing Finance Limited for KYC violations.
Jul 6, 2026Read more →
Legal News & Insights
AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
Corporate Law News
Reserve Bank of Indiabankingcorporate
VRR Auction Results on July 6, 2026
The RBI conducted a Variable Rate Repo (VRR) auction on July 6, 2026, raising significant liquidity.
Jul 6, 2026Read more →
Karnataka High Courtcriminalcorporate
Karnataka HC Upholds UAPA FIR Against Cross-Border Funding Network
The Karnataka High Court has refused to quash a UAPA FIR concerning a cross-border debit card funding network, affirming ED's authority under PMLA.
Jul 6, 2026Read more →
N/Acorporatetax
CBIC Clarifies Drawback Refund on Duty Paid via Duty Credit Scrips
The CBIC has issued a circular clarifying the conditions under which customs refund or drawback claims can be processed for duties paid through duty credit scrips, addressing industry concerns.
Jul 6, 2026Read more →
National Company Law Appellate Tribunalcorporate
Defective Insolvency Petition Revived: NCLAT Grants 7-Day Refiling Window
The NCLAT has granted a 7-day window for refiling a defective insolvency petition, imposing a cost of ₹50,000 for the operational creditor.
Jul 6, 2026Read more →
Supreme Court of Indiacorporate
Analysis of SEBI’s AIF Reform Challenges
The article critiques SEBI's reliance on investor accreditation for AIF reforms, highlighting key gaps in disclosure and oversight.
Jul 5, 2026Read more →
Supreme Court of Indiacorporate
SEBI Proposes INR-Based Fees for FPI & FVCI
SEBI proposes to replace USD-denominated fees for Foreign Portfolio Investors (FPIs) and Foreign Venture Capital Investors (FVCIs) with an INR-based system to simplify accounting.
Jul 5, 2026Read more →
Supreme Court of Indiacorporate
SEBI Proposes GARUDA to Reduce AIF Launch Timelines
SEBI has proposed a GARUDA mechanism aimed at reducing the timelines for launching AIF schemes while ensuring compliance checks are maintained.
Jul 5, 2026Read more →
bankingcorporate
Extension of Directions to The Industrial Co-operative Bank Ltd.
RBI extends the period of directions issued to The Industrial Co-operative Bank Ltd. until January 2026.
Jul 5, 2026Read more →
bankingcorporate
Monetary Penalty Imposed on Bank of Baroda by RBI
RBI imposes a penalty of ₹63.60 lakh on Bank of Baroda for non-compliance with Fair Practices Code and KYC norms.
Jul 5, 2026Read more →
corporateconsumer
Premature Redemption Price for Sovereign Gold Bond Set
The RBI has established the redemption price for premature redemption of SGB 2020-21 Series-IX on July 04, 2026.
Jul 5, 2026Read more →
bankingcorporate
RBI to Conduct 3-Day Variable Rate Repo Auction
RBI announces a Variable Rate Repo auction for ₹75,000 Crore on July 06, aimed at managing liquidity.
Jul 5, 2026Read more →
Kerala High Courtcorporate
Kerala HC Upholds NCLT's Authority to Entertain Additional Pleadings
The Kerala High Court has reinforced that the NCLT can accept additional pleadings after the reply stage in IBC cases to uphold principles of natural justice.
Jul 5, 2026Read more →