SAT Quashes SEBI Order Against Raj Oil Mills
SAT Mumbai sets aside SEBI's enforcement action against Raj Oil Mills, relying on the precedential value of the Monnet Ispat ruling regarding continuing liability.
Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
SAT Mumbai sets aside SEBI's enforcement action against Raj Oil Mills, relying on the precedential value of the Monnet Ispat ruling regarding continuing liability.
Comprehensive overview of FEMA compliance for foreign investment: FDI routes, pricing guidelines, FC-GPR/FC-TRS filings, FLA returns, and downstream investment rules.
FeaturedThe Reserve Bank of India increased the repo rate by 25 basis points to 5.50%, shifting to a 'calibrated tightening' stance to manage inflation risks. The move impacts corporate borrowing costs, external commercial borrowings (ECBs), and treasury strategies.
RBI introduces one-time approval for qualifying mutual funds, insurers, and pension funds to acquire up to 10% additional shares in commercial, payments, and small finance banks, reducing procedural delays.
On October 1, 2026, RBI issued amendment directions for Commercial, Small Finance, Payments, and Local Area Banks regulating acquisition of shares or voting rights. The updates align with recent financial sector reforms and strengthen regulatory oversight of ownership changes.
The Reserve Bank of India (RBI), on October 7, 2026, increased the policy repo rate under the Liquidity Adjustment Facility (LAF) from 5.25% to 5.50% with immediate effect. The decision, taken by the Monetary Policy Committee (MPC), aims to recalibrate monetary stance in response to evolving inflationary pressures.
Supreme Court upholds Section 212(6), allowing only authorized officers to file fraud complaints via SFIO, not private parties.
The Supreme Court has evolved the doctrine of mens rea in corporate criminal liability, moving beyond identification theory to attribute intent via decision-making hierarchies.
NCLAT Delhi held advance payments for brokerage services constitute operational debt, making Section 9 IBC proceedings maintainable.
NCLAT Delhi ruled that a non-supply dispute was sham as documents were provided pre-notice; upheld admission of Section 9 IBC application.
SAT Mumbai quashes multiple SEBI penalties imposed pre-acquisition after IBC resolution, citing Sections 31 and 32A, affirming liability extinguishment upon plan approval.
The FEMA Export-Import Regulations, 2026, consolidate and update compliance requirements for exporters, covering EDF, EDPMS, third-party payments, and merchanting trade, effective 1 October 2026.