Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Reserve Bank of India conducted multiple Variable Rate Reverse Repo (VRRR) auctions on September 29 and 30, 2026, to manage short-term liquidity. Total accepted amounts exceeded ₹2.4 lakh crore at a uniform cut-off rate of 5.24%.
Courts differ on whether Section 47 trademark cancellation proceedings amount to 'rectification' under Section 124, affecting stay of infringement suits—key for litigation strategy.
The Delhi High Court ruled that a formal declaration under Rule 124 is not mandatory to invoke Section 11(2) of the Trade Marks Act, 1999, affirming that well-known trademark status can be established through evidence in individual proceedings.
Public listing of InvITs demands early readiness in structure, compliance, financial reporting, disclosure systems, and governance.
SEBI clarifies that a person need not be 'connected' to qualify as an insider if they possess or access UPSI under the Prohibition of Insider Trading Regulations.
SEBI has issued a consolidated Master Circular for Debenture Trustees effective 28 September 2026, replacing the August 2025 circular. The update streamlines compliance and incorporates recent regulatory changes.
The RBI has finalised the regulatory framework for novation of over-the-counter (OTC) derivative contracts, based on stakeholder feedback, enhancing risk management and settlement efficiency in financial markets.
The RBI has issued a series of amendment directions in 2026 to refine the classification, valuation, and operation of investment portfolios across commercial, small finance, payments, local area, and all India financial institutions.
Exim Bank has inked a ₹4,850 crore Line of Credit (LOC) agreement with the Maldives government, backed by the Government of India, for key development projects, marking a strategic foreign economic initiative.
The RBI has issued amendments to the Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026, streamlining compliance for forex transactions and updating procedural requirements under FEMA, 1999.
The Karnataka High Court quashed an FIR against YouTuber 'Drone Prathap' for a sodium-based pond explosion experiment, ruling it was educational and part of NCERT curriculum. The judgment emphasizes scientific inquiry in public interest.
The Punjab and Haryana High Court agreed to hear a PIL seeking a CBI investigation into recent violence at Lovely Professional University. The petition raises concerns over impartiality and efficacy of the current inquiry.