NCLTcorporate
Legal Framework for Conversion to Guarantee Companies
Recent NCLT judgments suggest a lenient approach to converting shares to guarantee companies, despite procedural ambiguities.
Jun 4, 2026Read more →
Court News
Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
NCLTcorporate
NCLT Allows Conversion Process Despite Regulatory Pushback
The NCLT Allahabad Bench ruled to permit the conversion of shares into guarantee shares without the need for shareholder meetings, finding sufficient consent among shareholders.
Jun 4, 2026Read more →
N/Acorporate
Penalty Imposed for Incorrect AOC-4 Filing
The Registrar of Companies has imposed penalties for filing an incorrect document with AOC-4, reinforcing the necessity for precise statutory compliance.
Jun 4, 2026Read more →
Government of Indiacorporate
SEZ Imports Exempted from Quality Control Orders, Domestic Sales Still Require Compliance
The government has exempted Special Economic Zones (SEZs) from quality control orders on imports, while domestic sales will continue to adhere to India's quality and safety standards. This change streamlines operations for SEZs.
Jun 4, 2026Read more →
Reserve Bank of Indiabanking
RBI Refutes Claims of $12 Billion Gold Sale to Stabilize Forex Reserves
The Reserve Bank of India has dismissed media reports claiming it sold $12 billion worth of gold to stabilize forex reserves. The central bank confirmed its gold holdings remained unchanged at 880.52 tonnes, as indicated in its monthly bulletin.
Jun 4, 2026Read more →
National Company Law Tribunalbankingcorporate
NCLT Accepts Insolvency Plea Based on Loan Agreements and Guarantees
The NCLT has admitted a ₹7.47 crore insolvency plea against Spectra India Eco Projects, recognizing loan agreements and guarantees as adequate proof of financial debt. This highlights the significance of comprehensive documentation in insolvency claims.
Jun 4, 2026Read more →
Allahabad High Courtcriminalfamily
Allahabad HC Criticizes UP Police for Blocking Woman's Phone on Bogus Complaint
The Allahabad High Court has reprimanded the UP Police for blocking a woman's phone number based on her husband's false complaint, ordering immediate restoration of service.
Jun 3, 2026Read more →
Delhi High Courtcivilcorporate
Delhi HC Reserves Verdict on BCD Elections Row
The Delhi High Court has reserved its judgment on petitions challenging irregularities in the Bar Council of Delhi elections after intensive hearings over the weekend.
Jun 3, 2026Read more →
Allahabad High Courtcriminalconstitutional
Allahabad HC Upholds Clean Chit for Officer Over Kasganj Violence Remarks
The Allahabad High Court dismissed the Uttar Pradesh government's appeal against a senior officer's clean chit following controversial remarks on social media concerning the Kasganj violence incident in 2018.
Jun 3, 2026Read more →
Reserve Bank of Indiabanking
RBI Enhances Responsible Business Conduct for Regional Rural Banks
Amendments issued by the RBI regarding Responsible Business Conduct for Regional Rural Banks focus on ethical lending practices, reinforcing the commitment to consumer protection and trust in banking.
Jun 3, 2026Read more →
Reserve Bank of Indiabankingcorporate
RBI Releases 46th Half-Yearly Report on Foreign Exchange Reserves Management
The RBI has published its 46th Half-Yearly Report detailing the management of India's foreign exchange reserves. This report emphasizes the commitment to transparency and the implications for economic stability.
Jun 3, 2026Read more →
Saket District Courtintellectual_propertycivil
Ownership Ruling in Anamika Sood v. Saregama Raises Concerns
The Saket District Court ruled in favor of Anamika Sood, recognizing her ownership of the song 'Ferrareee' and rejecting Saregama’s claims. This ruling highlights potential misuse of copyright as a tool for commercial control rather than legal protection.
Jun 3, 2026Read more →