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Court News

Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.

RBI Amends Shareholding Rules for Small Finance Banks
Reserve Bank of Indiabankingcorporate

RBI Amends Shareholding Rules for Small Finance Banks

RBI strengthens investor norms for Small Finance Banks, requiring prior approval and enhanced due diligence for share acquisitions.

Oct 3, 2026Read more →
RBI Amends Shareholding Rules for Payments Banks
Reserve Bank of Indiabankingcorporate

RBI Amends Shareholding Rules for Payments Banks

RBI revises share acquisition norms for Payments Banks, reinforcing prior approval requirements and investor eligibility standards.

Oct 3, 2026Read more →
RBI Amends Shareholding Rules for Local Area Banks
Reserve Bank of Indiabankingcorporate

RBI Amends Shareholding Rules for Local Area Banks

RBI amends directions on share acquisition in Local Area Banks, tightening eligibility and approval norms for promoters and substantial investors.

Oct 3, 2026Read more →
RBI Amends Directions for MF & Insurance Share Acquisitions
N/Abankingcorporate

RBI Amends Directions for MF & Insurance Share Acquisitions

RBI has issued final Amendment Directions simplifying the approval process for mutual funds, insurance companies, and pension funds acquiring major shareholdings in banking companies.

Oct 3, 2026Read more →
RBI Appoints Sudhakar Malli as Executive Director
N/Abankingcorporate

RBI Appoints Sudhakar Malli as Executive Director

The Reserve Bank of India has appointed Sudhakar Malli as Executive Director effective October 1, 2026. Malli, a career central banker with over 30 years of experience, was previously Chief General Manager-in-Charge of the Department of Supervision.

Oct 3, 2026Read more →
Non-Food Credit Growth Accelerates to 18.8% in August 2026
Reserve Bank of Indiabankingcorporate

Non-Food Credit Growth Accelerates to 18.8% in August 2026

Year-on-year non-food bank credit grew by 18.8% as of August 31, 2026, up sharply from 10.2% in the same period the previous year. The data reflects robust credit demand across key sectors.

Oct 1, 2026Read more →
Parliament Can Extend BOCW Cess to J&K: HC
Jammu & Kashmir High Courtlabourcorporate

Parliament Can Extend BOCW Cess to J&K: HC

J&K HC upholds Parliament’s power to extend Building and Other Construction Workers Cess Act to J&K; applies to post-2007 contracts.

Oct 1, 2026Read more →
Auditor Reappointment Triggers ₹15 Lakh Compounding Fee
Ministry of Corporate Affairscorporate

Auditor Reappointment Triggers ₹15 Lakh Compounding Fee

MCA imposes ₹15 lakh compounding fee on Shree Renuka Sugars for violating auditor tenure and rotation rules under Section 139.

Oct 1, 2026Read more →
NCLT Sanctions Mawana Foods-Sugars Merger
National Company Law Tribunal, Delhicorporatetax

NCLT Sanctions Mawana Foods-Sugars Merger

NCLT approves amalgamation of Mawana Foods with Mawana Sugars effective April 1, 2026, preserving tax and regulatory benefits.

Oct 1, 2026Read more →
No Buy-Out for Non-Oppressive Shareholder Disputes
National Company Law Tribunal, Ahmed penalcorporatefamily

No Buy-Out for Non-Oppressive Shareholder Disputes

NCLT Ahmedabad dismisses oppression plea, citing insufficient grounds for compulsory share purchase despite inter-shareholder conflict.

Oct 1, 2026Read more →
RoC to Reconsider DIR-12 Filing: NCLT Ahmedabad
National Company Law Tribunal, Ahmedabadcorporate

RoC to Reconsider DIR-12 Filing: NCLT Ahmedabad

NCLT Ahmedabad directs RoC to re-examine disputed DIR-12 filing under Rule 11; refuses immediate removal of directors.

Oct 1, 2026Read more →
NCLAT Reduces Restoration Cost to ₹5 Lakh as Disproportionate
National Company Law Appellate Tribunalcorporateinsolvency

NCLAT Reduces Restoration Cost to ₹5 Lakh as Disproportionate

NCLAT upheld the restoration of Ganton Projects but reduced the ₹10 lakh cost imposed to ₹5 lakh, holding the original amount to be disproportionate under Rule 87A of the Companies Rules.

Oct 1, 2026Read more →
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