Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
NCLT Chandigarh has admitted a Section 9 petition under the IBC against Ervika, dismissing the defence's argument of a pre-existing dispute on grounds that such a dispute was not substantiated.
The Orissa High Court has granted anticipatory bail to an individual in a Prevention of Money Laundering Act (PMLA) case, emphasizing the distinction between arrest and custody in the context of personal liberty rights.
NCLT Mumbai has admitted a Section 7 CIRP application from Bank of India, determining that the obligations were independently established despite objections related to NPA and MSME frameworks.
The Telangana High Court has quashed the attachment of BIOSOT's bank accounts under Section 226(3), ruling that BIOSOT is entitled to immunity under Article 289. This judgment clarifies the limitations of state powers in terms of attaching bank accounts.
The District Court of Darjeeling has ruled on whether hotels must pay royalties for TV content in guest rooms. The case raises important questions about copyright licensing for hospitality services.
The Copyright Office's refusal to register AI-generated artwork by DABUS raises critical questions about authorship in the context of AI. The decision calls into question the balance between originality and human creative control.
The CGPDTM has released new draft guidelines for patent applications in the pharma and biotech sectors, inviting stakeholder feedback to enhance the patenting procedures. These guidelines aim to streamline processes related to healthcare inventions.
The NCLT ruled that the demerger of a mortgaged asset does not discharge a continuing corporate guarantee, allowing J&K Bank's ₹87.43 crore insolvency plea to proceed.
The NCLAT affirmed the National Company Law Tribunal's (NCLT) jurisdiction to restrain Annual General Meetings (AGMs) despite ongoing appeals, underscoring the tribunal's interim powers.
The Delhi District Court ruled against IPRS in a dispute regarding licensing fees for television content in hotel rooms. The decision clarifies the responsibilities of hotels concerning copyright royalties amidst rising digital content consumption.
SEBI is considering an exemption for listed issuers from mandatory merchant bank appointment for small-value debt private placements of ₹10,000.
SEBI seeks comments on a proposal for net fund obligations in mutual fund cash-market trades while retaining gross securities settlement. This change aims to streamline the cash market transactions.