AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Tripura High Court upheld the criminal defamation case against Madhabi Biswas Chakraborty, rejecting her plea to quash charges related to derogatory posts about the PM and others.
The RBI has issued a draft on 'Interest Rates on Loans and Advances' for public consultation, addressing regulatory policies for effective monetary policy transmission.
The Delhi High Court addressed the evidential threshold necessary to obtain an interim injunction in the Saregama case. This ruling clarifies the requirements for establishing copyright ownership at the interim stage amid evolving digital landscapes.
The Delhi High Court has ruled that the Assessing Officer can critique the flaws in Discounted Cash Flow (DCF) methodology but cannot modify the expected rate of return used in share valuation under Section 56(2)(viib).
The IBBI has suspended the Authorised Financial Advisor of a liquidator for three months due to non-filing and non-cooperation during the liquidation of Oceanic Edibles. This measure underscores the necessity for diligence and transparency in insolvency proceedings.
The NCLT has pronounced that procedural delays in filing liquidation pleas do not impede the Committee of Creditors' (CoC) statutory decision to liquidate. This ruling underscores the importance of timely creditor actions.
The NCLT ruled that a minority shareholder cannot be compelled to obtain support from others to meet the 10% threshold required for filing an application under Section 244. This decision is pivotal for minority shareholders' rights in company affairs.
A U.S. District Court has dismissed securities and wire fraud charges against Gautam Adani and two other executives, concluding a high-profile case while noting the unusual nature of the decision.
Former Chief Justice of India DY Chandrachud has been appointed as an arbitrator in a significant investment treaty dispute between Russia and Ukraine's state-owned Oschadbank. This appointment enhances India's recognition in international arbitration.
SEBI has revised rules concerning municipal debt, focusing on face value, escrow mechanisms, and reporting timelines. These changes are effective from August 11, 2026.
SEBI has proposed to widen the participation of Foreign Portfolio Investors (FPIs) in commodity derivatives markets while ensuring strict safeguards for delivery obligations. This move is aimed at enhancing liquidity and market depth.
SEBI has amended the ILMDS Regulations concerning face value of municipal debt, escrow mechanisms, and reporting timelines, effective immediately. These changes streamline the regulatory framework governing municipal securities.
The Bombay High Court has quashed bifurcation and deemed conveyance orders due to violations of natural justice and non-compliance with the Maharashtra Cooperative Societies Act.