RBI Updates UAPA Terror List Compliance for FIs
RBI mandates financial entities to implement amendments to UNSC sanctions list under UAPA. Includes addition of terrorist organisation and modifications to existing entries.
Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
RBI mandates financial entities to implement amendments to UNSC sanctions list under UAPA. Includes addition of terrorist organisation and modifications to existing entries.
The Government of India has designated a new terrorist organisation under Section 35(1)(a) of UAPA, 1967, requiring financial institutions to freeze associated assets and report compliance immediately.
The Reserve Bank has notified financial institutions of an update to the UNSC 1267/1989 ISIL & Al-Qaida sanctions list under Section 51A of the UAPA, 1967, requiring immediate compliance for freezing assets linked to designated individuals or entities.
FeaturedThe Supreme Court, in a suo motu case, directed mapping of vulnerable zones, enhanced CCTVs, lighting, and police patrols in Delhi-NCR after noting lack of progress in women's safety post-Nirbhaya.
The RBI has notified financial institutions of the designation of a terrorist organization under Section 35(1)(a) of the UAPA, 1967, and directed strict enforcement of asset-freezing and reporting obligations under the First Schedule of the Act.
Delhi HC sets aside summoning order against director for not examining individual role or specific material.
The NCLAT clarifies that Section 14 moratorium under IBC protects only the corporate debtor, not its directors, allowing criminal and homebuyer claims to proceed.
RBI directs all regulated entities to comply with UAPA, 1967 after designation of a new terrorist organisation under Section 35(1)(a), requiring strict monitoring and reporting.
SAFEMA Tribunal upholds attachment of pre-offence, legitimately acquired property as equivalent value of proceeds of crime under PMLA when actual proceeds are unavailable.
Following the UAPA designation of Shahzad Bhatti Network as a terrorist organisation, RBI has directed all regulated entities to freeze assets and cease transactions linked to the entity.
RBI directs all financial institutions to enforce restrictions under UAPA following the government’s designation of a new terrorist organisation listed in the First Schedule of the Act.
FeaturedPunjab & Haryana High Court has rebuked GST authorities for arresting a trader despite ongoing judicial proceedings, directing immediate release and flagging record manipulation.