Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
Various State Governments have launched an auction for bonds totaling ₹20,100 Crore. Key auctions include Andhra Pradesh, which offers a re-issue of 7.63% bonds due 2034.
The CBIC has implemented a new system for the identification and expedited clearance of hazardous cargo, effective from 01 July 2026.
The CESTAT in Bangalore annulled an IGST demand, ruling the extended limitation period under section 28(4) of the Customs Act was improperly applied due to lack of suppression or intent to evade duty.
ROC Mumbai has penalized an individual for holding two Director Identification Numbers, emphasizing legal compliance under the Companies Act.
The Registrar of Companies has imposed penalties on a company and nine directors for failing to appoint a whole-time Company Secretary for six years, emphasizing mandatory compliance under the Companies Act.
ROC Uttar Pradesh has issued penalties against directors for failing to provide necessary explanations regarding statutory auditor qualifications in the Board’s Report, reinforcing compliance with the Companies Act.
ROC Kolkata has penalized a company and its directors for failing to appoint a woman director in time, stipulating that operational difficulties do not excuse non-compliance with statutory mandates.
ROC Kolkata has levied penalties against a company for incorrectly stating the applicability of consolidated financial statements in its AOC-4 XBRL filing, affirming that mistakes in MCA filings can attract liability.
ROC Delhi has issued penalties for a company's failure to establish mandatory Audit and Nomination Committees, emphasizing the necessity of compliance with corporate governance regulations.
The Registrar of Companies, Delhi, has imposed penalties on a company for failing to appoint an internal auditor within the mandated timeframe, emphasizing that lack of guidance cannot excuse such delays.
The government has raised customs duties on precious metals, including gold, silver, and platinum, following amendments to previous notifications. This marks a significant adjustment in the customs duty landscape for the sector.
The Madras High Court has directed the Regional Director to hear Nidhi companies and issue final orders within four weeks after the Ministry of Corporate Affairs missed a critical deadline. This ruling underscores procedural adherence in corporate regulatory practices.