Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Ministry of Corporate Affairs (MCA) has amended the valuation rules, establishing a minimum paid-up capital requirement of ₹25 lakh for Registered Valuer Organizations to enhance financial accountability and governance standards.
The Supreme Court ruled that once the Committee of Creditors approves a resolution plan, the Successful Resolution Applicant must adhere to its terms without renegotiation. This decision reinforces the commercial wisdom of the Committee.
The Central Consumer Protection Authority have penalised Physics Wallah for incorporating pre-ticked donation options in purchase carts, raising concerns over consumer consent. The practice violates the principles of fair trading as per the Consumer Protection Act.
The Central Consumer Protection Authority has penalised McAfee for using manipulative tactics in its subscription renewal interface, violating consumer rights. The practices identified include Confirm Shaming and Forced Action, undermining fair consumer choice.
The IBBI has introduced new rules requiring personal guarantors to disclose all assets during insolvency proceedings. This aims to prevent concealment and enhance coordination between guarantors and corporate debtors.
The National Company Law Appellate Tribunal (NCLAT) has ordered a fresh e-auction after a technical issue excluded a legitimate bidder from a liquidation auction, affirming the need for value maximization under the Insolvency and Bankruptcy Code (IBC).
The Securities and Exchange Board of India (SEBI) has mandated that all investors must provide nominations for their investments starting September 2026. This move aims to reduce disputes, accelerate asset transmission, and protect investor interests.
The RBI has imposed a monetary penalty on Canara Bank for non-compliance with KYC regulations and guidelines on unclaimed deposits. This underscores the importance of regulatory adherence in banking.
In 'Hindware v. Grohe', the Delhi High Court creates a distinction between the use of generic and source-identifying marks in keyword advertising. This ruling narrows the scope for intermediary protection under trademark law.
Chief Justice of India Surya Kant has expressed concerns that modern international arbitration is becoming as complex and costly as the litigation it was intended to simplify. His remarks highlight the need for reform in arbitration processes.
The Tamil Nadu government plans to withdraw its review application regarding a DVAC case against DMK leader KN Nehru. The Madras High Court has restrained further proceedings in the case until June 23.
The Supreme Court ruled that appeals filed under the IBC without obtaining certified copies of the impugned order are invalid.