Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
Exim Bank signs GOI-supported $4,850 crore line of credit with Maldives for development projects, notified by RBI to authorised dealer banks.
The RBI has issued an indicative calendar for the auction of Government of India dated securities for October 2026 to March 2027, including Sovereign Green Bonds, enhancing market transparency.
Company Secretaries play a growing role in coordinating DPDP Act compliance, Board oversight, and cybersecurity incident disclosures under SEBI LODR.
SEBI extends the Samuhik Prativedan Manch to Clearing Members, consolidating 14 compliance reports to reduce duplication starting September 30, 2026.
SEBI clarified that a person need not be 'connected' to a company to qualify as an insider if they possess or access Unpublished Price Sensitive Information (UPSI).
SEBI has streamlined the nomination process for demat accounts and mutual fund folios by introducing default nominations, opt-out options, and reduced documentation requirements.
SEBI proposes changes to base prices and dummy bands in pre-open auctions for IPOs and re-listed securities to enhance price discovery and reduce market distortions.
ITAT Delhi grants 80G approval to temple, ruling religious activities do not negate charitable purpose.
ITAT Mumbai deletes ₹5 lakh addition, finding WhatsApp message and third-party statement insufficient to prove unexplained cash receipts.
ITAT Mumbai deletes Section 69 addition, holding wife’s property investment not automatically attributable to husband.
ITAT Mumbai held that once a Section 263 revision order is quashed, the consequential assessment cannot survive.
ITAT Rajkot restored ₹4.30 crore addition under Section 69A as CIT(A) failed to decide the merits, remanding for fresh consideration.