Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Ministry of Corporate Affairs has imposed a ₹4 lakh penalty on Innoctive Technologies for prematurely utilizing funds raised through private placement. This enforcement action underscores the importance of compliance with funding regulations.
The CBIC has officially designated Village Namli, Ratlam, as a new customs station for imports and exports. This designation is expected to enhance trade access in the region, facilitating smoother customs operations.
The Directorate General of Foreign Trade (DGFT) has mandated that requests for leave or official tours by HQ officers must be submitted for prior approval. This procedural change aims to streamline processes within the department.
The Calcutta High Court has directed the GST Authority to consider the petitioner’s request for an extension of time to appear for an enquiry due to a leg fracture. This decision emphasizes the court's consideration of genuine health issues affecting legal obligations.
The Reserve Bank of India has announced the auction of Government of India Treasury Bills, providing a mechanism for short-term funding.
The Reserve Bank of India has released data on international trade in services for March 2026, outlining export and import receipts.
The Reserve Bank of India has released data on lending and deposit rates of scheduled commercial banks for April 2026, indicating slight changes from the previous month.
The Reserve Bank of India has released its 46th Half-Yearly Report on the management of foreign exchange reserves, focusing on transparency and performance from October 2025 to March 2026.
The Reserve Bank of India has officially noted the ongoing withdrawal of ₹2000 banknotes from circulation, with all banks accepting deposits until October 7, 2023. The latest status was published on April 1, 2026.
SpicyIP delivers fresh insights into significant IP developments, opportunities, and seminars from the week, including a notable highlight for the Uniform Domain Name Dispute Resolution Policy.
The CESTAT ruled that a monodisperse aerosol generator is classifiable under CTH 9027 based on its function in chemical analysis, rather than under CTH 9032.
The CESTAT has declared a recovery action under repealed 1995 Drawback Rules unsustainable, confirming the 2017 Rules' distinct legislative intent.