Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Bombay High Court ruled that a sale certificate obtained under the Insolvency and Bankruptcy Code (IBC) does not attract stamp duty unless it is employed for a purpose beyond its original intent. This ruling offers clarity for industries affected by IBC transactions.
The RBI has published new directions for concurrent audit practices within commercial banks, aiming to strengthen oversight and compliance within the banking sector.
A comprehensive guide on incorporating a Limited Liability Partnership (LLP) in India has been released, detailing eligibility and registration processes.
The Calcutta High Court directed the Customs Department to appeal to the Supreme Court concerning anti-dumping duty and undervaluation issues, following a dismissal of their appeal.
ROC Chennai has imposed a ₹40,000 penalty for missing allottee details in PAS-3 filings, enhancing the focus on compliance.
ROC Ernakulam has fined a company for incomplete occupation details in PAS-3 filings, following compliance breaches under the Companies Act.
ROC Kolkata has imposed a ₹3.50 lakh penalty on a company and its directors for delayed filing of CSR-2 under the Companies Act.
This article details the differences between Switzerland's and India's frameworks for corporate beneficial ownership, focusing on filing requirements and accessibility of registries.
The article outlines the LLP incorporation process in India for 2026 and highlights essential statutory frameworks and new rules effective this year.
The Delhi High Court affirmed that complaints can initiate actions under Section 16(1)(a) regarding similar company names. This decision allows the Central Government to act based on applications received.
SEBI has revised the securities transmission framework, incorporating new thresholds and a 21-day processing timeline, effective from July 23, 2026, to streamline the transfer of securities.
The IBBI Disciplinary Committee has suspended an Authorized Financial Advisor (AFA) for three months due to lapses in filing and failure to cooperate with the Board. This suspension highlights the regulations surrounding insolvency practices.