Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
FeaturedRBI 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.
FeaturedOn 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.
FeaturedThe 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.
FeaturedSupreme Court upholds Section 212(6), allowing only authorized officers to file fraud complaints via SFIO, not private parties.
FeaturedThe Supreme Court has evolved the doctrine of mens rea in corporate criminal liability, moving beyond identification theory to attribute intent via decision-making hierarchies.
FeaturedNCLAT Delhi held advance payments for brokerage services constitute operational debt, making Section 9 IBC proceedings maintainable.
FeaturedNCLAT Delhi ruled that a non-supply dispute was sham as documents were provided pre-notice; upheld admission of Section 9 IBC application.
FeaturedSAT Mumbai quashes multiple SEBI penalties imposed pre-acquisition after IBC resolution, citing Sections 31 and 32A, affirming liability extinguishment upon plan approval.
FeaturedThe 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.
FeaturedThe Reserve Bank of India (RBI) has introduced a mandatory Export Declaration Form (EDF) for service exporters, effective 1 October 2026. The requirement aims to strengthen external trade reporting under FEMA, with monthly filings due within 30 days.
FeaturedRBI issues Amendment Directions, 2026, updating share acquisition and voting rights frameworks for Payments Banks, Small Finance Banks, Local Area Banks, and Commercial Banks. The revisions align with evolving ownership norms and risk governance expectations.
FeaturedUnion Budget 2026–27 introduces changes affecting cross-border M&A, buyback taxation, IFSC incentives, and sector-specific liquidity.