Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
Sunsure Energy has obtained ₹262 crore project financing from FMO and Axis Bank, advised by DSK Legal. Legal support included negotiating transaction documents and compliance matters.
SEBI has issued a warning to regulated entities and listed companies regarding impersonation scams involving CEOs and MDs, advising them on verification practices and cyber security measures.
The Calcutta High Court has directed the transfer of ₹1.38 crore, along with accrued interest, to the One Man Committee, dismissing a related writ petition as withdrawn.
The ROC Cuttack has imposed penalties due to a four-year delay in filing Form CSR-2 for FY 2020-21, totaling ₹2 lakh on the company and ₹50,000 each on two officers.
The Registrar of Companies (ROC) Kolkata has imposed penalties for incorrect MGT-7 filings on a company and its certifying director, totaling ₹10,000.
The NCLT ruled that employees of Jet Lite cannot be recognized as workmen of Jet Airways during liquidation due to their payroll status.
The ROC Kolkata has issued penalties against a company and its director for incorrect filing of AOC-4, reflecting stricter regulatory oversight in corporate disclosures.
The Registrar of Companies in Kolkata has imposed penalties on a company and its certifying director for incorrect MGT-7 filings, reinforcing compliance under Rule 8(3) and Section 450.
The CDSCO's recent notice invites comments on brand name extensions in pharmaceuticals, highlighting an ongoing regulatory concern.
The RBI has modified reporting requirements under FEMA, improving clarity and compliance for authorized persons involved in foreign exchange transactions.
SEBI's guide clarifies the eligibility criteria, NISM certification requirements, and compliance documents needed for individuals aspiring to register as Investment Advisers in India.
SEBI's recent notification establishes a requirement for custodians to report and remit fees on a monthly basis, effective October 1, 2026. This change is aimed at ensuring timely oversight of custodian activities.