Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Supreme Court ruled that importers must challenge assessment orders before filing for customs duty refunds, establishing crucial procedural requirements.
New customs notification grants a full exemption from customs duty and AIDC on raw cotton imports from June until October 2026, aiding the agricultural sector.
The Companies (Corporate Social Responsibility Policy) Amendment Rules, 2026 now validate investments in social stock exchange instruments as a valid CSR channel.
The NCLT Allahabad Bench has ruled in favor of a company's request to convert shares into guarantees, bypassing traditional shareholder meetings due to unanimous consent.
The Registrar of Companies has imposed penalties for submitting an incorrect document with Form AOC-4. The ruling emphasizes the importance of compliance with statutory requirements even after requests for rectification.
The NCLAT has ruled that undisclosed related-party agreements cannot justify the continued occupation of a corporate debtor’s property during CIRP.
The NCLAT has clarified that Resolution Professionals can secure possession of corporate assets without needing to file separate eviction suits during the CIRP.
The NCLT has accepted an insolvency application for ₹1.96 crore, stating that SARFAESI actions by secured creditors do not hinder CIRP where operational debts are present.
The NCLT Kolkata has admitted SBI's insolvency plea against Martina Bio Genics, ruling that ongoing winding-up proceedings cannot obstruct the revival process under the Insolvency and Bankruptcy Code (IBC).
The Telangana Advocates Protection Act has been enacted, providing legal protections against violence and harassment for advocates.
The National Students’ Union of India (NSUI) has filed a Public Interest Litigation in the Delhi High Court regarding alleged irregularities in the CBSE's On-Screen Marking system affecting class 12 evaluations.
Recent amendments to the Companies Act significantly alter the tax treatment related to penalties, CSR expenditures, and buybacks, necessitating a reevaluation of corporate tax strategies.