Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The RBI has announced the redemption price for the final redemption of the Sovereign Gold Bond (SGB) 2018-19 Series-I scheduled for May 4, 2026. The price is based on market fluctuations, mandating careful consideration by investors.
Section 12(3) of the Companies Act requires specific disclosures on company letterheads. Non-compliance can result in statutory penalties.
Iscon Balaji Foods has successfully raised $215 million from institutional investors in its Series A fundraising round, facilitated by Trilegal.
ROC Mumbai has penalized a director for holding duplicate DINs, reinforcing the regulatory stance against such discrepancies.
A director has been penalized for errors in the AOC-4 filing regarding subsidiary disclosures, highlighting the risks of inaccuracies in regulatory documents.
The ROC has imposed penalties on a company for failure to maintain a functional registered office, citing repeated return of notices as evidence of non-compliance.
The treatment of Compulsorily Convertible Debentures (CCDs) as financial liabilities under Ind AS 32 is analyzed, debating whether judicial remarks categorizing them as equity hold authoritative weight.
Section 12(3) of the Companies Act mandates companies to disclose their Corporate Identification Number (CIN) and other details on their letterheads. Non-compliance can lead to statutory penalties.
The revised ethics code of ICAI provides guidance on the advertising practices of sustainability assurance providers, mandating consultation with the Ethical Standards Board when in doubt.
As of May 31, 2026, the RBI reported a total of 2,473 applications pending from the previous month, underscoring the demand for services under its Citizen’s Charter.
SEBI has revised nomination norms for demat accounts and mutual fund folios to enhance investor onboarding. The updated framework addresses stakeholder feedback regarding implementation issues.
The IRDAI has issued a warning to a broker for implementing shareholding changes without prior approval, highlighting the need for compliance with regulatory norms. Corrective measures and future commitments were considered in the ruling.