bankingcorporate
Extension of Directions to The Industrial Co-operative Bank Ltd.
RBI extends the period of directions issued to The Industrial Co-operative Bank Ltd. until January 2026.
Jul 5, 2026Read more →
Court News
Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
bankingcorporate
Monetary Penalty Imposed on Bank of Baroda by RBI
RBI imposes a penalty of ₹63.60 lakh on Bank of Baroda for non-compliance with Fair Practices Code and KYC norms.
Jul 5, 2026Read more →
corporateconsumer
Premature Redemption Price for Sovereign Gold Bond Set
The RBI has established the redemption price for premature redemption of SGB 2020-21 Series-IX on July 04, 2026.
Jul 5, 2026Read more →
bankingcorporate
RBI to Conduct 3-Day Variable Rate Repo Auction
RBI announces a Variable Rate Repo auction for ₹75,000 Crore on July 06, aimed at managing liquidity.
Jul 5, 2026Read more →
Kerala High Courtcorporate
Kerala HC Upholds NCLT's Authority to Entertain Additional Pleadings
The Kerala High Court has reinforced that the NCLT can accept additional pleadings after the reply stage in IBC cases to uphold principles of natural justice.
Jul 5, 2026Read more →
Calcutta High Courtcorporate
Calcutta HC Returns Suit Challenging NCLT Valuation
The Calcutta High Court has returned a plaint challenging an NCLT-ordered valuation, citing lack of territorial jurisdiction and statutory bar.
Jul 5, 2026Read more →
NCLTcorporate
NCLT Finds No Genuine Dispute; Admits Insolvency Plea
The NCLT has admitted an insolvency plea, ruling that routine discussions on campaign optimization do not amount to a genuine pre-existing dispute.
Jul 5, 2026Read more →
NCLTcorporate
NCLT Rules ₹2,500 Fee for Nil GST Returns Excessive
The NCLT has ruled that a ₹2,500 monthly fee per state for filing nil GST-3B and GSTR-1 returns during Corporate Insolvency Resolution Process (CIRP) is unreasonable and excessive.
Jul 5, 2026Read more →
N/Acorporate
CMS INDUSLAW advises Daxko on acquisition of FitnessForce
CMS INDUSLAW successfully guided Daxko LLC in acquiring FitnessForce, demonstrating expertise in corporate acquisitions.
Jul 4, 2026Read more →
N/Acorporate
CMS INDUSLAW acts on Godrej Industries $105 million NCD issuance
CMS INDUSLAW successfully advised Godrej Industries on a $105 million issuance of unsecured non-convertible debentures, enhancing their financial market presence on the Indian stock exchange.
Jul 4, 2026Read more →
N/Acorporate
DSK Legal, Addleshaw Goddard, Eversheds Sutherland act on Person Centred Software acquiring Camascope
DSK Legal has successfully navigated the legal due diligence and closing processes for the acquisition of Camascope by Person Centred Software, which includes its Indian subsidiary. The transaction involved collaboration with multiple law firms.
Jul 4, 2026Read more →
N/Acorporate
Lex Consult, JSA act on Supply6 Series A fundraise
Kanari Nutrition Private Limited, operating as Supply6, successfully raised capital from a Series A fundraise totaling ₹XXX million. Legal advisors Lex Consult and JSA Advocates facilitated the transaction, representing Supply6 and lead investor Unilever Ventures, respectively.
Jul 4, 2026Read more →