Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
FeaturedSAT Mumbai quashes multiple SEBI penalties imposed pre-acquisition after IBC resolution, citing Sections 31 and 32A, affirming liability extinguishment upon plan approval.
FeaturedRBI issues Amendment Directions, 2026, updating share acquisition and voting rights frameworks for Payments Banks, Small Finance Banks, Local Area Banks, and Commercial Banks. The revisions align with evolving ownership norms and risk governance expectations.
FeaturedRBI grants one-time approval for major shareholdings in Local Area Banks, Payments Banks, Small Finance Banks, and commercial banks for qualifying mutual funds, insurers, and pension funds.
FeaturedRBI notifies financial entities of new terrorist organisation designated under UAPA, 1967. Mandates immediate asset freezes and compliance with surveillance protocols.
FeaturedRBI mandates financial entities to implement amendments to UNSC sanctions list under UAPA. Includes addition of terrorist organisation and modifications to existing entries.
FeaturedThe Securities Appellate Tribunal (Mumbai) quashed multiple SEBI penalties post-IBC resolution, citing Section 32A protection and the Monnet Ispat precedent. Liabilities extinguished under approved resolution plans cannot be revived.
FeaturedThe RBI has issued amendment directions for All India Financial Institutions and banks, revising norms for classification, valuation, and operation of investment portfolios to ensure uniformity and market-based valuation practices.
FeaturedThe RBI has notified financial institutions of the designation of a terrorist organization under Section 35(1)(a) of the UAPA, 1967, and directed strict enforcement of asset-freezing and reporting obligations under the First Schedule of the Act.
FeaturedNew capital adequacy norms require commercial banks to maintain minimum capital for market risk exposures under revised RBI directions.
FeaturedRBI issues multiple amendment directions in 2026 to standardise classification, valuation, and portfolio management for all categories of financial institutions.
FeaturedRBI directs all regulated entities to comply with UAPA, 1967 after designation of a new terrorist organisation under Section 35(1)(a), requiring strict monitoring and reporting.
FeaturedRBI issues comprehensive directions on minimum capital requirements for market risk, defining trading book boundaries and risk measurement frameworks for commercial banks.