Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
FeaturedNCLAT ruled that converting a Section 61 IBC appeal to a Section 421 Companies Act appeal does not preserve limitation or allow exclusion under Section 14 of the Limitation Act.
FeaturedRBI notifies financial entities of new terrorist organisation designated under UAPA, 1967. Mandates immediate asset freezes and compliance with surveillance protocols.
FeaturedRBI mandates financial entities to implement amendments to UNSC sanctions list under UAPA. Includes addition of terrorist organisation and modifications to existing entries.
FeaturedNearly a decade after winning a foreign arbitral award against Malvinder and Shivinder Singh, Daiichi Sankyo informs the Supreme Court that execution remains uncompleted despite multiple enforcement proceedings.
FeaturedSEBI Board has approved sweeping reforms for PMS, settlement mechanisms, REITs, InvITs, FPIs, and accredited investors to enhance market depth and compliance.
FeaturedThe Securities Appellate Tribunal (Mumbai) quashed multiple SEBI penalties post-IBC resolution, citing Section 32A protection and the Monnet Ispat precedent. Liabilities extinguished under approved resolution plans cannot be revived.
FeaturedThe Government of India has designated a new terrorist organisation under Section 35(1)(a) of UAPA, 1967, requiring financial institutions to freeze associated assets and report compliance immediately.
FeaturedThe Reserve Bank has notified financial institutions of an update to the UNSC 1267/1989 ISIL & Al-Qaida sanctions list under Section 51A of the UAPA, 1967, requiring immediate compliance for freezing assets linked to designated individuals or entities.
FeaturedThe Supreme Court, in a suo motu case, directed mapping of vulnerable zones, enhanced CCTVs, lighting, and police patrols in Delhi-NCR after noting lack of progress in women's safety post-Nirbhaya.
FeaturedThe RBI has finalized the regulatory framework for novation of over-the-counter (OTC) derivative contracts, based on stakeholder feedback, to enhance market stability and reduce counterparty risk.
FeaturedThe RBI has issued amendment directions for All India Financial Institutions and banks, revising norms for classification, valuation, and operation of investment portfolios to ensure uniformity and market-based valuation practices.
FeaturedThe RBI has notified financial institutions of the designation of a terrorist organization under Section 35(1)(a) of the UAPA, 1967, and directed strict enforcement of asset-freezing and reporting obligations under the First Schedule of the Act.