Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The NCLT validated JSW Steel's merger plan, directing an online equity shareholder vote without holding creditor meetings, emphasizing efficiency in corporate restructuring.
The NCLT upheld a resolution professional's decision to reject an income tax claim filed significantly late, emphasizing the finality of an approved resolution plan under the Insolvency and Bankruptcy Code.
The Calcutta High Court set aside a penalty on a Customs House Agent employee, clarifying that mere negligence does not constitute abetment of smuggling under the Customs Act.
SEBI has mandated that covered intermediaries use validated ‘@valid’ UPI IDs and QR codes starting October 1, 2025. This initiative aims to strengthen investor payment verification and mitigate fraud within financial transactions.
The NCLT dismissed a Section 7 petition against a corporate guarantor, clarifying that a second guarantee invocation does not reset the limitation period for claims. This decision is pivotal in interpreting the time-bar regulations under the IBC.
The NCLT restored directors and appointed an Administrator in a case highlighting shareholder oppression. The ruling underscores the protection of minority interests in corporate governance.
The NCLAT upheld NCLT's ruling that share and property transfers were invalid due to statutory non-compliance. This ruling reinforces the integrity of corporate governance in instances of manipulation.
The Reserve Bank of India has issued Amendment Directions on Basel Pillar 3 disclosures, seeking stakeholder feedback to enhance capital adequacy standards for banks.
The Reserve Bank of India has conducted an underwriting auction for the re-issue of Government Security, amounting to ₹34,000 crore. The cut-off rates for underwriting commission payable to Primary Dealers have been finalized.
A Chandigarh court has denied bail to a man arrested for posting allegedly misleading information about Prime Minister Narendra Modi. The court stated that granting bail could disturb public order due to the serious nature of the allegations.
A recent analysis reflects on the limitations of India’s patent law provisions relying on Sections 92 and 100, highlighting the ongoing Ribociclib litigation as a critical case study. The emphasis is laid on the infrastructure challenges rather than merely legal impediments in improving access to patented medications.
The Delhi High Court has issued a detailed 100-page pro tem security deposit order in favor of InterDigital, marking a significant development in standard-essential patent (SEP) litigation. This order not only clarifies the distinction between ad-interim and interim injunction stages but also provides valuable insights regarding the persuasive value of foreign decisions.