Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
Second Amendment Directions issued for Payments Banks to standardise investment valuation. Ensures consistent and transparent portfolio management.
The RBI has modified its 2022 ATM cassette swap guidelines, allowing bank boards to delegate monitoring responsibility. Ensures smoother implementation while maintaining security oversight.
The Reserve Bank of India (RBI) has withdrawn outdated circulars on currency management as part of its regulatory rationalisation initiative. Banks must comply with the updated framework effective October 1, 2026.
The IPO’s 2026 Draft Guidelines face strong critique for misquoting law and risking disruption to patent prosecution in pharmaceuticals; calls grow for immediate revision.
SEBI settles proceedings with True North for ₹10.87 lakh over 10-year delay in winding up a venture capital scheme, citing regulatory breaches.
Second Amendment Directions, 2026 standardise investment valuation practices for Local Area Banks.
SEBI is considering an exemption for listed issuers from mandatory merchant bank appointment for small-value debt private placements of ₹10,000.
SEBI has proposed changes to settlement and risk management norms that aim to simplify compliance requirements for market intermediaries. The initiative seeks public feedback to refine these regulations.
The RBI has extended directions under the Banking Regulation Act for Ramgarhia Co-operative Bank, indicating an ongoing regulatory oversight.
Nirmal Urban Co-operative Bank Ltd. has been fined ₹1 lakh for non-compliance with RBI directives. This penalty underscores the regulatory scrutiny on cooperative banks.
The Ministry of Corporate Affairs (MCA) has announced a relief measure extending deadlines for name reservations and e-form resubmissions following a data centre fire. Instances will be evaluated on a case-by-case basis.
2026 amendments standardise educational eligibility at 60% graduation marks, include CGPA conversion rules, and recognise foreign degree equivalency.