Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The RBI has announced amendments to strengthen credit risk management practices for regional rural banks, enhancing their operational resilience.
The RBI has issued new amendments pertaining to income recognition, asset classification, and provisioning for all India financial institutions. These changes are aimed at reinforcing robust accounting practices.
The RBI has issued amendments to enhance the standards of responsible business conduct for all India financial institutions. These amendments align with the broader goal of improving the resolution of stressed assets.
The Reserve Bank of India has issued amendments regarding credit risk management for all India financial institutions. The adjustments aim to strengthen the guidelines for resolution of stressed assets and overall risk management frameworks.
The RBI has issued new directions on the disbursement of government pensions through Agency Banks, aimed at improving efficiency and governance. These directions establish procedures for the implementation of government orders related to pension payments.
The Reserve Bank of India has issued directions regarding the conduct of government business by Agency Banks, focusing on agency commission payments and oversight mechanisms. These guidelines aim to streamline operations and enhance accountability within agency banking.
The Reserve Bank of India has imposed a monetary penalty of ₹1.80 lakh on AKG Infin Private Limited for non-compliance with directives concerning shareholding acquisitions.
In a recent ruling, the Delhi High Court addressed complexities related to Section 3(k) of the Patents Act, revealing the ongoing confusion and need for clarity in patentability standards.
Zee Entertainment has approached the Delhi High Court seeking damages amounting to INR 2 crores from Nykaa for alleged copyright infringement involving Instagram reels. This case highlights ongoing legal battles regarding music rights in digital media.
The Delhi High Court has dismissed Philips' claim for royalties on DVD technology, ruling that mere assertion of essentiality is insufficient without evidence of use.
The Delhi High Court has ruled that Ilaiyaraaja does not hold copyright over the song En Iniya Pon Nilave's lyrics or sound recording, affecting his appeal against a recreation of the song for a film.
Zee Entertainment has filed a lawsuit against Nykaa, seeking INR 2 crores for alleged unauthorized use of its copyrighted music in Instagram reels. The case underscores ongoing challenges in copyright enforcement in the digital era.