Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Reserve Bank of India has operationalized a concessional swap facility for FCNR(B) deposits and External Commercial Borrowings, effective until September and December 2026, respectively. Reported inflows till July 31, 2026, have been collected from Authorised Dealer Banks.
The CCPA's findings against PhysicsWallah and McAfee raise concerns about misleading advertisements and forced actions. This analysis explores deeper implications for design interfaces and dark pattern regulations.
The NCLT has validated the merger plan of JSW Steel under Sections 230 to 232 and directed an online shareholder vote within 60 days. This ruling facilitates the approval process of corporate mergers while ensuring compliance with statutory requirements.
The National Company Law Tribunal (NCLT) has ordered a status quo in a directorship dispute involving an arbitration clause, emphasizing the need for the parties to maintain the current management structure until further hearings can take place. This ruling reinforces the principles of corporate governance.
SEBI has proposed extensive changes to Portfolio Managers Regulations, seeking stakeholder comments by August 13, 2026.
SEBI has implemented a buy-back freeze framework at the ISIN level to embed promoter trading restrictions in market systems, enhancing compliance during buy-back operations.
SEBI has launched the GARUDA mechanism, aiming to expedite the filing of Private Placement Memorandum (PPM) and the launch of Alternative Investment Funds (AIF) schemes. This revision is effective immediately under the amended AIF Regulations.
The NCLT validated JSW Steel's merger plan, directing an online equity shareholder vote without holding creditor meetings, emphasizing efficiency in corporate restructuring.
The NCLT upheld a resolution professional's decision to reject an income tax claim filed significantly late, emphasizing the finality of an approved resolution plan under the Insolvency and Bankruptcy Code.
SEBI has mandated that covered intermediaries use validated ‘@valid’ UPI IDs and QR codes starting October 1, 2025. This initiative aims to strengthen investor payment verification and mitigate fraud within financial transactions.
The NCLT dismissed a Section 7 petition against a corporate guarantor, clarifying that a second guarantee invocation does not reset the limitation period for claims. This decision is pivotal in interpreting the time-bar regulations under the IBC.
The NCLT restored directors and appointed an Administrator in a case highlighting shareholder oppression. The ruling underscores the protection of minority interests in corporate governance.