Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The RBI has amended existing regulations, shortening the realization period for export proceeds from 15 months to 9 months under FEMA. Compliance requirements for exporters will be stricter.
The RBI has enabled UPI integration with KHQR in Cambodia, allowing Indian travelers to make payments directly with UPI apps. This development enhances the global reach of UPI.
The amendment introduces a triennial compliance framework for director KYC filings, changing reporting timelines significantly.
The recent amendment modifies DIR-3 KYC compliance requirements, changing the filing frequency and deadlines for directors significantly.
The NCLAT restored a company petition dismissed for lack of prosecution, citing that delays caused by the Tribunal do not solely fall on the petitioner.
Recent amendments require Registered Valuer Organisations (RVOs) to maintain a minimum paid-up capital, increasing financial and governance standards.
This article provides an overview of the regulations surrounding drug licensing in India, a critical component for pharmaceutical operations. It focuses on the necessary steps and legal requirements for obtaining a Drug License.
Forensic accounting is emerging as a vital field for Chartered Accountants, combining various skills to combat financial fraud.
The NCLAT has affirmed that a Resolution Professional can recover corporate debtor’s assets from unauthorized occupants without resorting to a civil suit. This ruling enhances the efficacy of the insolvency resolution process.
The RBI has introduced a US Dollar-Rupee swap facility for External Commercial Borrowings to enhance liquidity for businesses seeking foreign capital.
Dentons Link Legal has facilitated Ace Aviation in acquiring Jet Airways' Boeing 777-300ER aircraft for ₹568 crore. This acquisition marks a significant transaction for the aviation sector.
NSE clarifies that regulatory exemptions under Section 31 of the IBC do not apply to plans approved under Section 54L of the PPIRP framework. Compliance with SEBI norms remains mandatory.