AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The RBI has conducted a 7-day Variable Rate Repo auction, revealing significant borrowing activity and interest rates reflective of the current financial environment.
The Supreme Court Advocates-on-Record Association (SCAORA) has urged the Supreme Court to withdraw the proposed mandatory disclosure requirement for lawyers using AI tools. SCAORA argues that advocates are already held responsible for the accuracy of their filings under the existing Advocates Act.
The NCLAT Chennai dismissed an appeal from a prospective resolution applicant, citing the appeal as premature. The court emphasized that the application was still subject to the Committee of Creditors' (CoC) approval following remand.
The Uttarakhand High Court dismissed a challenge to pre-cognizance notices under the PMLA, stating that the applicants were only summoned for a hearing on cognizance. The court emphasized that there was no merit in the applicants’ plea at this stage.
The Reserve Bank of India will conduct an auction of Government of India Treasury Bills with varying maturities totaling ₹9,000 Crore on July 22, 2026.
Several state governments plan to raise a total of ₹21,700 Crore through auctions of state government securities. This includes varied maturities and yields, reflecting state financial strategies.
The Directorate General of Health Services has opened a discussion on the use of brand name extensions by pharmaceutical companies, aiming to address a long-standing concern regarding product differentiation and consumer awareness.
The Himachal Pradesh High Court has set aside a retrospective cancellation of GST registration under 'Project Anveshan'. The court allowed the petitioner to file a detailed reply before the Proper Officer challenge the retrospective nature of the cancellation.
The NCLT Mumbai has rejected claims from Jet Lite employees seeking treatment as Jet Airways workmen during liquidation. The Tribunal held that no employer-employee relationship was established.
The NCLT Kochi has ruled that proposed amendments to a company petition introduce new causes of action, which are impermissible under Rule 155 of the NCLT Rules. This decision underscores the importance of adhering to procedural rules in NCLT proceedings.
Sunsure Energy has obtained ₹262 crore project financing from FMO and Axis Bank, advised by DSK Legal. Legal support included negotiating transaction documents and compliance matters.
SEBI has issued a warning to regulated entities and listed companies regarding impersonation scams involving CEOs and MDs, advising them on verification practices and cyber security measures.
The Calcutta High Court has directed the transfer of ₹1.38 crore, along with accrued interest, to the One Man Committee, dismissing a related writ petition as withdrawn.