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Court News

Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.

CMS INDUSLAW Advises Scapia on $63 Million Fundraise
N/Acorporatecommercial

CMS INDUSLAW Advises Scapia on $63 Million Fundraise

CMS INDUSLAW has successfully advised Scapia Technology Private Limited in a $63 million Series C funding round led by General Catalyst. This marks a significant milestone for the tech startup.

May 26, 2026Read more →
India's International Trade in Services for March 2026
Reserve Bank of Indiacorporate

India's International Trade in Services for March 2026

March 2026 shows significant trends in India's international trade in services, with insights on export and import values.

May 26, 2026Read more →
46th Report on Management of Foreign Exchange Reserves
Reserve Bank of Indiacorporatebanking

46th Report on Management of Foreign Exchange Reserves

The RBI has published its 46th Half-Yearly Report detailing the management of India's foreign exchange reserves for October 2025 - March 2026.

May 26, 2026Read more →
AGM Date Misinformation: Penalty Imposed
N/Acorporate

AGM Date Misinformation: Penalty Imposed

A penalty was imposed by ROC Mumbai-II for incorrectly stating the AGM date in Form AOC-4 XBRL, holding directors responsible for ensuring the accuracy of e-form submissions.

May 26, 2026Read more →
Utilizing Private Placement Funds Before Filing PAS-3
N/Acorporate

Utilizing Private Placement Funds Before Filing PAS-3

ROC Pune penalized a company for utilizing funds from private placements prior to filing the return under PAS-3, violating the Companies Act's regulations.

May 26, 2026Read more →
Penalties for Delayed Filing of PAS-3 Allotment Return
N/Acorporate

Penalties for Delayed Filing of PAS-3 Allotment Return

ROC Pune has imposed penalties for a 46-day delay in the filing of the e-Form PAS-3 concerning a return of allotment related to private placements, emphasizing timely compliance.

May 26, 2026Read more →
Single Transaction Violations: No Multiplicative Penalty
N/Acorporate

Single Transaction Violations: No Multiplicative Penalty

ROC Pune has determined that a procedural lapse during a private placement involving one investor constitutes a single transaction, hence a single penalty applies rather than multiple ones under the Companies Act.

May 26, 2026Read more →
Limits on Financial Proposal Changes Post-Challenge Process
N/Acorporate

Limits on Financial Proposal Changes Post-Challenge Process

The article addresses a resolution applicant's inability to modify its financial proposal following the completion of the challenge process in the Corporate Insolvency Resolution Process.

May 26, 2026Read more →
Internal Audit Requirements for Private Companies
N/Acorporate

Internal Audit Requirements for Private Companies

Private limited companies with substantial turnover or debt must appoint internal auditors under the Companies Act, 2013. The article details the requirements and consequences of non-compliance.

May 26, 2026Read more →
Key Managerial Personnel Compliance Under Companies Act
N/Acorporate

Key Managerial Personnel Compliance Under Companies Act

The article outlines the requirements for appointing Key Managerial Personnel (KMP) as per Section 203 of the Companies Act, 2013. It details compliance thresholds applicable to various company types.

May 26, 2026Read more →
CCFS-2026: Relief for Defaulting Companies Under MCA
N/Acorporate

CCFS-2026: Relief for Defaulting Companies Under MCA

The Companies Compliance Facilitation Scheme, 2026 offers a 90% reduction in late fees for companies struggling with annual compliance. This scheme enables them to regularize their filings, mitigating penalties and lowering costs.

May 26, 2026Read more →
India’s Voluntary Carbon Market: Legal Questions and Opportunities
N/Aenvironmentalcorporate

India’s Voluntary Carbon Market: Legal Questions and Opportunities

A comprehensive analysis explores the dynamics of India's voluntary carbon market, highlighting legal challenges and emerging opportunities. It sheds light on the implications of the new Carbon Credit Trading Scheme.

May 25, 2026Read more →
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