SAT Quashes SEBI Order Against Raj Oil Mills
SAT Mumbai sets aside SEBI's enforcement action against Raj Oil Mills, relying on the precedential value of the Monnet Ispat ruling regarding continuing liability.
Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
SAT Mumbai sets aside SEBI's enforcement action against Raj Oil Mills, relying on the precedential value of the Monnet Ispat ruling regarding continuing liability.
Comprehensive overview of FEMA compliance for foreign investment: FDI routes, pricing guidelines, FC-GPR/FC-TRS filings, FLA returns, and downstream investment rules.
RBI introduces a forward-looking Expected Credit Loss (ECL) framework for banks effective April 2027, mandating three-stage provisioning, internal rating systems, and transitional relief measures.
FeaturedThe Reserve Bank of India increased the repo rate by 25 basis points to 5.50%, shifting to a 'calibrated tightening' stance to manage inflation risks. The move impacts corporate borrowing costs, external commercial borrowings (ECBs), and treasury strategies.
RBI releases updated FAQs on the Digital Rupee (e₹), clarifying wallet interoperability with UPI, programmability, and use cases in wholesale CBDC and retail pilots.
RBI introduces one-time approval for qualifying mutual funds, insurers, and pension funds to acquire up to 10% additional shares in commercial, payments, and small finance banks, reducing procedural delays.
Supreme Court dismisses customs appeals involving ₹1.29 crore dispute, citing updated ₹2 crore monetary threshold under CBIC circular.
On October 1, 2026, RBI issued amendment directions for Commercial, Small Finance, Payments, and Local Area Banks regulating acquisition of shares or voting rights. The updates align with recent financial sector reforms and strengthen regulatory oversight of ownership changes.
The Reserve Bank of India (RBI), on October 7, 2026, increased the policy repo rate under the Liquidity Adjustment Facility (LAF) from 5.25% to 5.50% with immediate effect. The decision, taken by the Monetary Policy Committee (MPC), aims to recalibrate monetary stance in response to evolving inflationary pressures.
The Monetary Policy Committee (MPC) unanimously raised the policy repo rate during its 63rd meeting from October 5–7, 2026, citing inflation concerns. The decision underscores a tightening stance to anchor inflation expectations.
Calcutta and Delhi High Courts are divided on whether non-use cancellation under Section 47 triggers 'rectification proceedings' under Section 124 of the Trade Marks Act. This split affects stay applications in infringement suits.
Supreme Court upholds Section 212(6), allowing only authorized officers to file fraud complaints via SFIO, not private parties.