Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
SEBI introduces a fast-track AIF framework that transfers accountability from regulatory pre-approval to merchant bankers and fund managers, posing both benefits and challenges for investor protection.
This article discusses the implications of the NCLAT ruling on CFO appointments, emphasizing compliance with Section 203 for private companies appointing KMPs.
The NCLAT has overturned a CFO appointment, ruling that eligibility must align with Section 203 of the Companies Act, affirming the Act's precedence over company articles.
The Reserve Bank of India has set the cut-off underwriting commission rates for the latest auction. This auction is significant for Primary Dealers involved in government securities.
The Delhi High Court reaffirmed the principles of transborder reputation in trademark law amidst a dispute over the 'Whistler' mark. It emphasized the evidentiary demands required to prove such claims in the digital age.
RBI proposes a comprehensive regulatory framework focusing on managing risks from traditional and AI/ML models used in the financial sector to enhance accountability and governance.
The 2026 amendment to FEMA allows individuals resident outside India to invest in Indian listed companies, thereby broadening the investment landscape and raising limits.
The Reserve Bank of India has introduced the Integrated Ombudsman Scheme, 2026, offering a centralized mechanism for resolving complaints against regulated entities, complete with structured settlements and an appeal process.
The Kerala High Court has set aside a National Company Law Tribunal (NCLT) order, confirming the right of corporate debtors to file additional objections in insolvency proceedings. This decision underscores the judiciary's stance on procedural fairness in insolvency cases.
The Reserve Bank of India has introduced the Credit Derivatives Directions, 2026, which establish a framework for the introduction of derivatives on credit indices and total return swaps. This direction is aimed at enhancing market operations and fostering financial stability.
The NCLAT has annulled a Chief Financial Officer's (CFO) appointment after determining that the first two nominees did not meet the eligibility criteria set forth in the Companies Act. This reinforces the importance of compliance with statutory requirements.
The DRT Chandigarh annulled a SARFAESI auction due to the bank's failure to provide a mandatory notice to legal heirs, highlighting compliance with statutory notice requirements.