Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The National Financial Reporting Authority (NFRA) has called upon auditors to critically review all uncorrected errors prior to the finalization and sign-off of audit reports, emphasizing the importance of accurate financial reporting.
The NCLAT has upheld a civil court decree affirming a buyer's possession of properties, limiting the NCLT's jurisdiction in such disputes.
The NCLT has ruled that the invocation of a loan-cum-pledge agreement during a CIRP moratorium is void, reinforcing the protection of assets.
The NCLT has admitted a plea under Section 7 against SWAL Limited, affirming that inter-corporate loans with interest are classified as financial debts under the IBC.
The RBI has modified reporting requirements for foreign exchange transactions, underscoring the importance of compliance among authorized persons.
The RBI has released master directions pertaining to credit derivatives, facilitating a more structured approach in this financial sector.
The RBI has announced a Variable Rate Repo auction for July 09, 2026, providing liquidity support for financial institutions.
The RBI announced the results of the Overnight Variable Rate Repo auction held on July 09, 2026, with all bids allotted at a cut-off rate of 5.26%.
The RBI announced a Variable Rate Repo auction for ₹50,000 crore on July 10, 2026, aimed at addressing liquidity conditions.
The RBI announced the results of the 3-day Variable Rate Repo auction held on July 10, 2026. A total of ₹53,233 crore was received in bids, with ₹50,015 crore allotted at a cut-off rate of 5.26%.
The CDSCO seeks feedback regarding the use of brand name extensions in pharmaceuticals, prompting a long-overdue examination of practices that potentially mislead consumers. Experts highlight the implications for compliance and regulatory oversight.
The RBI has officially removed Coӧperatieve Rabobank U.A. from its Second Schedule after it ceased to operate as a banking company.