AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The RBI announced the redemption price for premature redemption of the Sovereign Gold Bond 2021-22 Series V, with a due date on August 17, 2026. The redemption price will be determined based on the simple average of closing prices.
The Delhi High Court clarified that separate show cause notices (SCNs) originating from the same investigation retain their independent legal identities. This ruling reinforces that a stay on one SCN does not preclude adjudication of another SCN from the same inquiry.
On August 14, 2026, the RBI conducted an underwriting auction for various Government securities. This auction focused on establishing the cut-off rate for underwriting commissions for primary dealers, which plays a significant role in financial market operations.
The NCLT has approved the dissolution of Paysend India after confirming that its voluntary liquidation process was completed with full statutory compliance under Section 59 of the IBC.
The NCLT has ruled that disputed contractual monetary claims fall outside the scope of IBC adjudication, directing the return of assets to protect the Corporate Debtor during the CIRP.
The NCLAT ruled that a formal loan agreement is not essential for establishing the existence of financial debt under the IBC, specifically affirming that repayable advances qualify as debt.
BNP Paribas Cardif has acquired a 26% stake in IndiaFirst Life Insurance Company, facilitated by Khaitan & Co and other legal advisors.
Section 3(m) of the Patents Act has started gathering attention due to recent patent actions. This article critiques the comparison of Section 3(m) with European Patent Law, outlining fundamental legal distinctions.
The Directorate General of Foreign Trade has digitized voluntary duty payment records, mandating that only payments reflected on its portal will be accepted after August 1, 2026.
The NCLT has dismissed an insolvency petition, stating that dues from separate group entities cannot be combined to meet the ₹1 crore threshold for initiating insolvency proceedings.
Khaitan & Co has provided legal counsel for Standex International's two-stage acquisition of Amran and Narayan Powertech. The firm navigated Indian foreign-exchange regulations and competition law during the transaction.
The Allahabad High Court has partially allowed an arbitration appeal, ruling that arbitrators cannot award claims that exceed the scope of the contractual reference.
The Supreme Court has restored an arbitral award holding a husband jointly liable for his wife's trading debts amounting to ₹1.18 crore, finding the relevant by-law applicable and free from patent illegality.