Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
FeaturedThe ITAT quashed a reassessment order against PVR Engineering, citing the denial of cross-examination as a violation of natural justice. This ruling highlights the importance of allowing taxpayers the opportunity to contest incriminating statements.
FeaturedThe Calcutta High Court ruling raises critical questions about the governing of algorithmic systems under existing statutory provisions.
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FeaturedPart II of the series emphasizing the necessity for unified judicial reforms in India, revealing the transformative potential observed during the pandemic.
FeaturedSEBI has launched a fast-track framework for Alternative Investment Funds (AIFs), transferring regulatory responsibilities from pre-approval to merchant bankers and fund managers. This shift has implications for compliance and investor protection.
FeaturedThe Calcutta High Court has quashed a long-standing corruption conviction, citing flaws in witness testimony from the Income Tax Department that affected the integrity of the investigation.
FeaturedBank of Baroda has agreed to a $600 million settlement to resolve litigation relating to the NMC Health fraud case, concluding ongoing insolvency proceedings in Abu Dhabi and London without admitting liability.
FeaturedThis analysis investigates the challenges posed by black-box AI technologies in the context of Indian patent law. It evaluates the compatibility of existing disclosure requirements with the complexities of modern AI inventions.
FeaturedThe Bombay High Court ruled that deemed conveyance under the Maharashtra Ownership Flats Act, 1963, takes precedence over the IBC moratorium, eliminating the developer's title post-sale of flats.
FeaturedThe Madras High Court condemned the creation of morphed obscene images of women, stating it constitutes a significant violation of privacy and dignity and mandated police action.
FeaturedThe 2026 FEMA third amendment significantly expands portfolio investment eligibility beyond NRIs and OCIs, allowing all individuals resident outside India to invest in Indian markets. This change also increases investment limits and implements stricter approval norms.
FeaturedIn a significant ruling, the NCLT noted that a guarantor's liability should mirror the principal borrower's responsibilities. This principle was reaffirmed during the initiation of CIRP against Utkal Steels.
FeaturedSEBI has approved comprehensive reforms affecting securities processes, including mutual funds and municipal bonds, aiming to enhance compliance and investor protection.