Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
RBI updates SA-CCR capital rules for commercial banks on derivatives risk, netting, collateral and CCP exposures from 1 April 2027.
RBI revises capital adequacy norms for AIFIs and Payments Banks, introducing 2% risk weight on QCCP exposures effective October 2026.
RBI introduces Credit Valuation Adjustment (CVA) framework for commercial banks from April 2027, prescribing capital charges, risk weights and disclosures.
From 7 October 2026, RBI mandates a 2% risk weight on specified QCCP trade exposures for small finance banks under revised capital adequacy norms.
The Madras High Court upheld the cancellation of FCRA registration of a Zen trust that misrepresented its religious nature, affirming that transparency in application is mandatory for foreign funding eligibility.
Effective 1 October 2026, the RBI revised FEMA export regulations mandate a 9-month foreign exchange realisation period and 12 months for INR-denominated exports, with clarifications on Authorised Dealer Bank extensions and compliance obligations.
The Karnataka High Court allowed a minor girl’s name change based on astrological and numerological beliefs, affirming that the right to be recognized by a chosen name is a civil right enforceable in court.
NCLAT Chennai rules merger schemes cannot be rejected at first motion on delay or appointed date issues. Objections to be considered at final approval.
Telangana HC rules ROC must process DIR-12 even with private disputes. No unilateral withholding without court injunction.
P&H HC rules ROC must verify DIR-12 documents before approval. Mandates active scrutiny of director removal filings.
Calcutta HC mandates ROC to decide DIR-12 complaints after hearing parties. Order underscores due process in directorship changes.
NCLAT held that a consent arbitral award does not discharge a continuing guarantee. Personal guarantor insolvency proceeding upheld; recovery credits required.