Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
SAFEMA Tribunal upholds NDPS property freeze, ruling bank statements and loan documents insufficient to prove lawful source of funds without full transactional trail.
Karnataka High Court quashed a FEMA NOC rejection for an overseas investment, holding that the denial must be grounded in reasoned nexus to investigation, not mere pendency.
The RBI has introduced amended Export-Import Regulations under FEMA, effective 1 October 2026, streamlining timelines, EDPMS compliance, and AD bank obligations for exporters and importers.
RBI amends investment portfolio norms for All India Financial Institutions, specifying classification and valuation standards to ensure uniformity and prudential oversight.
The Reserve Bank of India has issued the Foreign Exchange Management (Export and Import of Goods and Services) (Amendment) Regulations, 2026, updating compliance and procedural norms for foreign trade under FEMA, 1999.
The RBI has set the Ways and Means Advances (WMA) limit for the Government of India at ₹50,000 crore for H2 of FY2026-27, with market loans to be triggered at 75% utilization.
The Reserve Bank of India released its September 2026 Bulletin, featuring economic assessments, including analysis of private corporate investment growth in 2025-26 and outlook for 2026-27, amid renewed geopolitical tensions in West Asia affecting global economic conditions.
NCLAT dismissed a personal guarantor’s application for personal insolvency, finding misuse of IBC moratorium to delay SARFAESI possession proceedings.
Khaitan & Co has advised Reliance Industries on a ₹12,000 crore private placement of non-convertible debentures, listed on BSE and NSE, carrying a 7.47% coupon rate.
Third Amendment Directions, 2026 enhance clarity on fair valuation of investments for commercial banks.
Second Amendment Directions, 2026 refine investment portfolio norms for Payments Banks to ensure fair valuation practices.
Second Amendment Directions, 2026 update fair valuation practices for Small Finance Banks' investment portfolios.