Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The RBI has introduced the Third Amendment Directions for interest rates applicable to deposits in regional rural banks, enabling temporary suspension of interest rate limitations.
The RBI has released the Third Amendment Directions concerning interest rates on deposits for urban co-operative banks, temporarily lifting the limit on interest rates for new deposits.
The Reserve Bank of India has released the Second Amendment Directions for interest rates on deposits in rural co-operative banks. This amendment temporarily withdraws the ceiling on interest rates for fresh deposits, impacting rural banking operations.
The Advocates' Association of Western India has made history by reserving the post of president for women, with a rotation every three elections. This pioneering move aims to enhance gender representation in legal leadership roles.
The Insurance Regulatory and Development Authority of India (IRDAI) has approved investments in NDB Maharajah INR bonds by insurers, subject to specific eligibility and rating criteria. This marks a significant regulatory change to bolster insurer investment portfolios.
The RBI has issued directions to Desaiganj Nagari Cooperative Bank, effective August 27, 2026, to ensure compliance with banking regulations.
On August 25, 2026, RBI issued directions under the Banking Regulation Act to The Citizens Co-operative Bank, Jammu, in light of regulatory compliance requirements.
The Bombay High Court emphasized procedural fairness in patent opposition cases, ruling that patent revocation based on undisclosed evidence undermines the rights of patentees and opposition boards. This decision underscores the necessity for transparency in the evidentiary process during patent assessments.
The Andhra Pradesh High Court has set aside a composite GST assessment and allowed fresh separate GST orders for multiple tax periods.
The Telangana High Court has set aside a GST show cause notice and order for violating the statutory timeline stipulated in Section 73(2).
The Madras High Court has overturned a GST detention order for being issued beyond the stipulated seven-day limit in the GST Act.
The Orissa High Court quashes a GST penalty order that was communicated beyond the seven-day limit specified in Section 129(3).