Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
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 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.
Companies receiving foreign investments must ensure compliance with FEMA regulations regarding reporting, valuation, and approvals to avoid penalties and delays in future fundraising.
The RBI has amended existing regulations, shortening the realization period for export proceeds from 15 months to 9 months under FEMA. Compliance requirements for exporters will be stricter.
The RBI has enabled UPI integration with KHQR in Cambodia, allowing Indian travelers to make payments directly with UPI apps. This development enhances the global reach of UPI.
The amendment introduces a triennial compliance framework for director KYC filings, changing reporting timelines significantly.
The recent amendment modifies DIR-3 KYC compliance requirements, changing the filing frequency and deadlines for directors significantly.
The NCLAT restored a company petition dismissed for lack of prosecution, citing that delays caused by the Tribunal do not solely fall on the petitioner.
Recent amendments require Registered Valuer Organisations (RVOs) to maintain a minimum paid-up capital, increasing financial and governance standards.
This article provides an overview of the regulations surrounding drug licensing in India, a critical component for pharmaceutical operations. It focuses on the necessary steps and legal requirements for obtaining a Drug License.
Forensic accounting is emerging as a vital field for Chartered Accountants, combining various skills to combat financial fraud.