Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
FeaturedThe Supreme Court upheld the Delhi High Court's ruling that payments made to foreign cloud service providers are not taxable in India unless there is a transfer of technology or intellectual property rights.
FeaturedThe Reserve Bank of India has released draft amendments to the Capital Adequacy Directions for Commercial Banks, inviting public feedback to enhance regulatory standards.
FeaturedThe Supreme Court upheld a Delhi High Court ruling stating that payments for Amazon Web Services cloud services are not taxable in India. This ruling clarifies that such payments do not qualify as royalties or technical fees unless they involve a transfer of technology or intellectual property rights.
FeaturedIn Toyota Jidosha Kabushiki Kaisha v. Tech Square Engineering Pvt. Ltd., the Delhi High Court recognized 'ALPHARD' as a well-known trademark, elucidating the criteria for establishing trans-border reputation. This ruling could have significant effects on luxury branding in India.
FeaturedThe Supreme Court has ruled that appeals filed before the High Court prior to the amendment of Section 15Z of the SEBI Act remain maintainable, affirming the legal standing of such appeals.
FeaturedIn Toyota Jidosha Kabushiki Kaisha v. Tech Square Engineering Pvt. Ltd., the Delhi High Court conferred well-known status to the trademark 'ALPHARD', emphasizing its trans-border reputation, particularly within niche markets.
FeaturedThe RBI has introduced Fraud Risk Management Directions for All India Financial Institutions, emphasizing governance and effective fraud reporting mechanisms.
FeaturedThe Reserve Bank of India has notified the Cybersecurity, Technology Risk, Resilience and Assurance Framework Directions, 2026 for Non-Banking Financial Companies (NBFCs). These directions establish guidelines for governance, reporting, and cybersecurity controls.
FeaturedIn a significant ruling, the Bombay High Court quashed an MVAT attachment over a secured asset, reinforcing a bank's priority under the SARFAESI Act.
FeaturedThe NCLAT has ruled that funds advanced under a sale agreement constitute financial debt under the IBC, allowing a Section 7 petition. This decision has set aside the NCLT's earlier order on the matter.
FeaturedThe Reserve Bank of India has announced the resumption of licensing for Urban Co-operative Banks (UCBs) on an 'on tap' basis. This decision follows a comprehensive analysis of stakeholder feedback and marks a significant policy shift in the banking sector.
FeaturedThe Delhi High Court recognized Toyota's 'ALPHARD' mark as well-known, affirming its trans-border reputation and clarifying the legal test for trans-border reputation in luxury markets.