Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The NCLAT has ruled that invoices are not mandatory for establishing operational debt under the Technical Guidance Agreement. This ruling clarifies the obligations of Modi Lifecare regarding the admitted liability.
The Kerala High Court has declined to quash the Enforcement Directorate's investigation into Cochin Minerals and Rutile Limited involving allegations against former CM's daughter. The court's decision allows the probe to proceed.
The Delhi High Court Bar Association has filed a challenge against the formation of a committee to examine an increase in pecuniary jurisdiction for district courts. The matter is set to be heard by the court.
The Delhi High Court mandated that the Income Tax Department pay interest on the maturity value of KVPs and IVPs retained unlawfully from December 2003 to January 2005. The court criticized the department for its 'stubborn attitude' in this matter.
The RBI has issued guidance for financial institutions regarding the implementation of Section 51A of the UAPA, reflecting updates to the UNSC's sanctions list related to ISIL and Al-Qaida.
The Reserve Bank of India has issued the 2026 Amendment Directions for urban co-operative banks, refining governance protocols particularly concerning the board's constitution and appointment of directors.
The Reserve Bank of India has released new amendment directions for rural co-operative banks. These amendments establish updated governance and operational frameworks as per the Banking Regulation (Amendment) Act, 2020.
The RBI has approved the amalgamation of The Bhavani Sahakari Bank Ltd. with TJSB Sahakari Bank Ltd., effective May 04, 2026.
The Supreme Court's decision in Cryogas Equipment Pvt. Ltd. v. Inox India Ltd. highlights the challenges of applying existing IP frameworks to culinary arts. This critique explores the aesthetic and functional dimensions of copyright and design law.
The Delhi High Court granted an interim injunction in Ivy Entertainment v. Rahul Singh, prohibiting the use of a specific lyric claimed to be a distinctive hook of a song. This ruling raises questions regarding copyright protections in fragmented works.
The RBI has proposed new draft directions to regulate loan recovery practices, prohibiting coercive measures and enhancing borrower protections. Feedback is invited from stakeholders for refinement.
The SAFEMA Appellate Tribunal has ruled that routing demonetized cash through a third-party account constitutes a benami transaction under the PBPT Act, expanding the definition of 'property' in such cases.