Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
SEBI has proposed amendments to the Municipal Debt Securities Regulations to enhance retail investor participation through incentives and modernized frameworks.
Polycab India Limited has entered into a group captive arrangement for renewable power procurement with Continuum Green Energy, facilitated by Economic Laws Practice.
The NCLAT ruled that factoring trade receivables does not convert operational debts into financial debts, affirming the distinction in categories of debt.
The Kerala High Court ruled against directing a parallel investigation into Byju's as the matter is already under the Karnataka High Court's consideration.
RBI imposes a monetary penalty on GIC Housing Finance Limited for KYC violations.
The RBI conducted a Variable Rate Repo (VRR) auction on July 6, 2026, raising significant liquidity.
The Karnataka High Court has refused to quash a UAPA FIR concerning a cross-border debit card funding network, affirming ED's authority under PMLA.
The CBIC has issued a circular clarifying the conditions under which customs refund or drawback claims can be processed for duties paid through duty credit scrips, addressing industry concerns.
The NCLAT has granted a 7-day window for refiling a defective insolvency petition, imposing a cost of ₹50,000 for the operational creditor.
The article critiques SEBI's reliance on investor accreditation for AIF reforms, highlighting key gaps in disclosure and oversight.
SEBI proposes to replace USD-denominated fees for Foreign Portfolio Investors (FPIs) and Foreign Venture Capital Investors (FVCIs) with an INR-based system to simplify accounting.
SEBI has proposed a GARUDA mechanism aimed at reducing the timelines for launching AIF schemes while ensuring compliance checks are maintained.