Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
FeaturedThe 57th GST Council approved key reforms on registration, ITC eligibility, refund processing, penalty rationalization, and e-invoicing expansion.
FeaturedMadras High Court quashed a GST assessment demanding more than the show cause notice, mandating fresh proceedings for any enhanced demand.
FeaturedThe Supreme Court, led by CJI Surya Kant, will hear all Delhi protest-related cases on October 15, 2026, including contempt and police action petitions. Petitioners must rectify filing defects for listing.
FeaturedThe Supreme Court stayed the trial against Rahul Gandhi in a criminal defamation case over his 2018 'commander-in-thief' remarks about PM Narendra Modi. The Court issued notice to the State, returnable in four weeks.
FeaturedRBI’s revised ECL framework and stressed-asset sale norms aim to enhance early detection of credit stress and facilitate faster resolution via ARCs and SNFA rules.
FeaturedThe RBI's Monetary Policy Committee raised the repo rate by 25 basis points to 5.50% and shifted to a 'calibrated tightening' stance to control inflation while maintaining growth at 7.1% for FY 2026-27. CPI inflation is projected at 5.2% for the fiscal year.
FeaturedThe Calcutta High Court quashed a transfer pricing order under Section 92CA(3) due to failure to grant a personal hearing and record reasoned findings, affirming procedural fairness in tax adjudication.
FeaturedSEBI passed a final order against Growpital and 30 linked entities for operating an unregistered Collective Investment Scheme and defrauding investors through pooled funds.
FeaturedThe RBI has updated the methodology for minimum capital requirements for counterparty credit risk in derivatives, aligning with Basel standards.
FeaturedThe Kerala High Court interpreted Section 100 of the Patents Act, 1970, permitting government use of a patented invention for public health, raising critical questions on access to medicine, patent rights, and pricing policy.
FeaturedSEBI proposes to replace the 2020 Portfolio Managers Rules with a comprehensive 2026 regulatory framework covering PRIM, derivatives, compliance relief, and client safeguards.
FeaturedSEBI has introduced a unified Common Advertisement Code for brokers, mutual funds, analysts, and portfolio managers. The code regulates promotional content, including celebrity endorsements, to prevent misleading claims and ensure investor protection.