Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
SEBI's draft paper proposes easing restrictions on third-party payments in mutual funds under specific scenarios, aiming to provide operational flexibility while ensuring compliance.
SEBI is increasing scrutiny on AI-driven investment advisory platforms, emphasizing that fintech firms retain legal responsibility for AI-generated recommendations. The article explores the regulatory challenges this presents.
The Delhi High Court ruled that importers or exporters cannot be listed in the ‘Denied Entity List’ without proper notice and the opportunity for a hearing, reinforcing principles of natural justice.
The NCLT has admitted an insolvency petition against an online gaming company due to a ₹2.81 crore loan default. Swapnil Jain has been appointed as the Interim Resolution Professional (IRP) to oversee the proceedings.
In a recent ruling, the ITAT allowed an appeal stating that additions made under Section 56 without establishing transfer details were unsustainable, emphasizing the necessity of thorough investigation.
The ITAT ruled that deductions for foreign travel and hotel expenses claimed against capital gains must demonstrate a direct connection with the property transfer, under Section 48 of the Income Tax Act.
The ITAT has directed the authority to reconsider an education trust's registration application under clause 12A(1)(ac)(iii), emphasizing that bona fide errors in forms should not lead to automatic denial of registration.
The RBI has published the Urban Co-operative Banks - Governance Amendment Directions, 2026, refining the governance structures established in the previous set of directions to ensure better compliance.
The Reserve Bank of India issued the Rural Co-operative Banks - Governance Amendment Directions, 2026. These amendments update the Constitution of the Board provisions established in the directions of 2025.
The Delhi High Court's ruling in the '20-20' dispute raises critical issues regarding trademark registration and the coexistence of goodwill. This analysis discusses the implications for trademark law.
The Kerala High Court has denied a request to quash the Enforcement Directorate's investigation into Cochin Minerals and Rutile Limited, connected to the daughter of a former Chief Minister.
A Delhi court has issued a notice to Assam CM Himanta Biswa Sarma regarding a plea for filing an FIR against him for alleged hate speech made during an event.