Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
FeaturedRBI increases repo rate to 5.50%, Bank Rate to 5.75%, SDF to 5.25%, and MSF to 5.75%, effective immediately, to manage inflation and liquidity.
FeaturedThe SAFEMA Tribunal upheld attachment of 45 properties under PMLA, ruling that even lawfully acquired or pre-crime assets may be attached if proceeds of crime are unavailable.
FeaturedPunjab has moved the Supreme Court against the Punjab and Haryana High Court’s order directing a CBI probe into corruption allegations concerning Chief Minister Bhagwant Mann’s OSD. The state filed an SLP seeking urgent hearing.
FeaturedThe Supreme Court has directed the Central government to form a committee to examine allegations that pharmaceutical companies offer freebies to doctors as inducements to prescribe their drugs. The bench invited stakeholder input before final recommendations.
FeaturedThe Allahabad High Court held that failing to hear a POCSO Act victim before granting anticipatory bail renders the order void ab initio due to a jurisdictional defect. The ruling underscores the mandatory nature of victim participation under the POCSO Act and its Rules.
FeaturedSC upholds requirement for government authorisation before SFIO fraud complaints. Private individuals cannot directly file complaints under Section 212(6).
FeaturedNCLAT ruled that Income Tax Department cannot set off refunds against tax dues during IBC moratorium. Refund of ₹90.42 lakh directed to corporate debtor.
FeaturedEffective October 7, 2026, the RBI increased the Bank Rate to 5.75%, triggering higher penal interest rates for shortfalls in CRR and SLR requirements.
FeaturedThe RBI issued new directions on the Credit Valuation Adjustment (CVA) Framework for Commercial Banks, enhancing risk management for derivative exposures.
FeaturedThe RBI issued the Twelfth Amendment Directions, 2026, updating capital adequacy norms for Commercial Banks, including changes to legal opinion requirements and valuation adjustments for incurred losses.
FeaturedPaytm Payments Bank Limited has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934, effective July 31, 2026. The exclusion, published in the Gazette of India on September 7, 2026, impacts its access to central bank facilities.
FeaturedSAT quashes SEBI's Rs 6 lakh penalty on a corporate debtor, ruling that post-IBC resolution, pre-acquisition liabilities are extinguished.