Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
New amendments to the Municipal Debt Securities Regulations introduce an ESG-focused framework, promoting transparency and accountability in municipal financing.
The CDSCO's notice regarding the scrutiny of brand name extensions used by pharma companies signals a shift towards regulatory oversight in the pharmaceutical sector. This inquiry may impact how brand identities are managed in compliance with drug regulations.
In a significant ruling, the Bombay High Court in Black Diamond Motors v. Registrar of Trade Marks deviated from the strict timelines established by the Delhi High Court under the Trade Marks Rules, 2017. This decision raises critical questions about the balance between procedural compliance and the pursuit of substantive justice in trademark prosecution.
The NCLT has admitted a Section 7 plea for CIRP against a corporate default, establishing ₹17.98 crore in liability.
The NCLAT has upheld the authority of the Committee of Creditors to limit the remuneration of insolvency professionals, emphasizing adherence to statutory frameworks.
The Reserve Bank of India issued a notification regarding the implementation of Section 51A of the Unlawful Activities (Prevention) Act, 1967. This update aligns with the recent amendments to the UNSC’s sanctions list on ISIL (Da'esh) and Al-Qaida.
An examination of the implications of black-box AI technologies on Indian patent law reveals significant hurdles regarding compliance with disclosure requirements and the limitations of existing frameworks.
The RBI emphasizes compliance with the FLA Return under FEMA, clarifying filing obligations and the deadline of July 15, for entities managing foreign investments.
The Reserve Bank of India has updated the UNSC sanctions list entry pertaining to ISIL and Al-Qaida under Section 51A of the UAPA, directing regulated entities to ensure strict compliance with KYC norms.
In a landmark ruling, the Calcutta High Court quashed a demand for ₹1.49 Crores made under the Employees’ Provident Fund (EPF) Act against Vodafone Idea Ltd., concluding that principal employers are not liable for wages due as a result of contractor 'wage-splitting'.
The Jharkhand High Court ruled that proceedings under the Prevention of Money Laundering Act (PMLA) are independent of the status of predicate offences, dismissing a plea to stall a trial until charges are laid in related cases.
The Telangana High Court has upheld the Enforcement Directorate's (ED) retention of seized jewels, clarifying that a stay by the Supreme Court on quashing an ECIR effectively revives associated proceedings under the Prevention of Money Laundering Act (PMLA).