Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
FeaturedSEBI has proposed comprehensive amendments to the Buy-Back Regulations, reintroducing open market buy-backs and simplifying compliance requirements to enhance investor protections.
FeaturedThe Supreme Court has quashed criminal proceedings pending for 35 years, citing violations of the right to speedy trial. It also requested comprehensive data from the Allahabad High Court regarding criminal case backlog.
FeaturedThe Constitution (One Hundred and Sixth Amendment) Act, 2023 introduces a one-third reservation for women in legislative bodies. The article discusses the constitutional basis for this amendment and its implications for women's political participation.
The Delhi High Court quashed an FIR against a competitive exam aspirant, ruling that mere presence at a protest beyond permitted hours does not constitute an offence absent active participation in unlawful acts.
The ICAI removed a chartered accountant’s name from the register for one year for failing to report ₹1,150 crore fund diversion and ignoring going concern risks in audit.
The Himachal Pradesh High Court held that admission of signature on a cheque, even blank, triggers a statutory presumption under Section 139 of the Negotiable Instruments Act, shifting burden to the accused to rebut it.
The Kerala High Court ruled that a commercial suit filed before an ordinary civil court must be returned, not rejected outright, if it falls under the exclusive jurisdiction of designated commercial courts.
ITAT allowed adat expenses of Rs. 1.66 crore claimed by a commission agent, citing TDS compliance and bank trail as proof of genuineness, overturning AO's addition.
Madras HC held that taxing the same turnover by two separate GST units constitutes a rectifiable error under Section 161, allowing the taxpayer to present its computation.
RBI amends deferment of option premium provisions under Commercial Banks (Miscellaneous) Directions, 2025. Changes follow issuance of forthcoming instructions on capital requirements.
RBI relaxes rules for cancellation and rebooking of forex derivative contracts. AD banks now have revised operational flexibility under updated risk management guidelines.
Preliminary BoP data for August 2026 shows current account deficit at $5.2 billion, worsening from $6.1 billion in August 2025. April-August deficit reaches $18.3 billion.