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.
PFRDA has mandated that Pension Agents working with multiple Points of Presence must be identified by their PAN for enhanced monitoring. This directive also requires CRAs and PoPs to maintain and verify updated agent records.
ROC Chennai penalized a company and its director for a significant delay in filing Form MGT-7, exceeding 500 days. This affirms that penalties will be applied regardless of operational difficulties encountered.
The Registrar of Companies has affirmed that holding more than one DIN is strictly prohibited under Section 155 of the Companies Act. Penalties have been imposed even after the surrender of the duplicate DIN through DIR-5.
The Reserve Bank of India provided an update on money market operations as of September 09, 2026, detailing various aspects of market liquidity.
Data released by RBI shows that credit deployment by NBFCs saw a year-on-year growth of 14.9% in July 2026, up from 10.6% in the previous year, indicating an expansion in lending activity.
The RBI has released data on External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB), and Rupee Denominated Bonds (RDB) for July 2026, tracking trends in overseas debt flows.