Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
Export-Import Bank of India (Exim Bank) has formalized a ₹4,850 crore Line of Credit (LOC) to the Government of Maldives, supported by the Government of India, to finance developmental infrastructure projects.
Bombay HC rules Section 18 bifurcation can’t be misused by minority to block majority-approved redevelopment.
Andhra Pradesh HC rules bank can’t freeze widow’s pension or gratuity for deceased husband’s loan liability.
Calcutta HC refuses writ jurisdiction over a contractual payment dispute where an arbitration clause exists and facts are disputed.
Madras HC rules that a SARFAESI property dispute under DRT cannot stall a college’s provisional affiliation process.
On September 28, 2026, the RBI conducted an OMO sale auction of government securities totaling ₹25,000 crore. The auction attracted ₹67,655 crore in bids, with acceptance at the notified amount.
The Reserve Bank of India conducted two Variable Rate Reverse Repo (VRRR) auctions on September 29, 2026, amounting to ₹3 lakh crore, to manage liquidity. The cut-off and weighted average rate for both auctions was 5.24%.
The Delhi High Court held that a formal declaration under Rule 124 of the Trademark Rules is not mandatory to invoke Section 11(2) of the Trademarks Act for asserting well-known mark status. The ruling permits reliance on evidence adduced in individual proceedings to establish well-known status.
SEBI’s board approved comprehensive reforms across portfolio management, settlements, REITs, InvITs, FPIs, AIFs, and accredited investors, aiming to boost market depth and compliance efficiency.
The Securities Appellate Tribunal (SAT) has consistently held that SEBI cannot impose penalties on a corporate debtor for pre-acquisition defaults after an NCLT-approved resolution plan under the IBC. Sections 31 and 32A of the Insolvency and Bankruptcy Code protect the corporate entity post-resolution, barring regulatory penalties for past conduct.
NCLT admits insolvency petition for ₹1.05 crore operational debt; no genuine dispute raised prior to default.
NCLAT holds personal insolvency applications cannot be misused as shield against SARFAESI possession proceedings.