Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Reserve Bank of India has laid down fresh guidelines for the Kisan Credit Card Scheme applicable to Small Finance Banks to facilitate easier access to credit for farmers.
The Reserve Bank of India has issued new directives regarding the Kisan Credit Card Scheme specifically for Regional Rural Banks, aiming to improve agricultural financing mechanisms.
The Reserve Bank of India has released directives concerning the Kisan Credit Card Scheme for Rural Co-operative Banks, urging compliance and establishing expectations for bank operations. This move aims to enhance agricultural financing for farmers.
The RBI has announced the auction of Treasury Bills worth ₹18,000 crore, scheduled for June 24, 2026.
The RBI has published final Directions on the revised Kisan Credit Card Scheme, incorporating stakeholder feedback from the draft issued earlier.
Phonographic Performance Limited (PPL) has been officially registered as a copyright society under Section 33(3) of the Copyright Act, 1957. This development aims to enhance the representation of sound recording creators.
The IBBI has suspended an insolvency professional for three years due to failures in constituting a Committee of Creditors and securing assets, which amounts to professional misconduct.
The Calcutta High Court has directed a 76-year-old noticee to appear before the Enforcement Directorate, permitting representation through an authorized individual unless satisfactory answers are not provided.
Chief Justice Surya Kant emphasized the advantages of mediation as a preferred alternative dispute resolution (ADR) mechanism, highlighting its effectiveness compared to arbitration.
The Gujarat HC upheld the deletion of long-term capital gains, ruling DVO references pre-2012 were impermissible, rejecting Revenue's appeal.
The Gujarat High Court upheld the dismissal of a ₹1 crore addition under Section 68 after confirming the loan's identity, source, and repayment evidence.
The Rajasthan High Court ruled that reassessment notices sent posthumously were invalid; however, the Revenue may proceed against legal representatives per law.