AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Reserve Bank of India has directed Authorized Dealer Category-I banks to furnish an updated list of all their offices and branches that maintain Rupee accounts for non-resident banks. This directive aims to ensure better regulatory oversight and compliance in the banking sector.
The RBI reported the results of the Treasury Bills auction held on September 3, 2026, with a total notified amount of ₹24,000 crore across three tenors. The cut-off yields were set at varying rates for each tenor.
On September 2, 2026, the RBI conducted an Overnight Variable Rate Reverse Repo auction accepting ₹4,59,843 crore at a cut-off rate of 5.24%. This auction was significant for liquidity management post-monetary policy adjustments.
The Reserve Bank of India (RBI) announced the results of its Overnight Variable Rate Reverse Repo auction, accepting ₹5,18,742 crore at a cut-off rate of 5.24%. The auction aimed to manage liquidity conditions in the financial market.
The Delhi High Court's ruling in Array Biopharma v. Deputy Controller emphasizes that objections in patent applications must be substantive and linked to claims rather than mere citations. This decision shapes expectations for applicants and their legal counsel.
Recent guidelines by the CGPDTM address the use of AI in patent examination, raising questions about human oversight and accountability. These discussions are crucial for understanding the future of patent law and innovations in examination processes.
The Delhi District Court ruled against IPRS in its attempt to obtain an interim injunction against Hotel Appolo regarding licensing fees for TV content. This ruling raises critical questions about copyright obligations for hotels providing in-room entertainment.
The Ministry of Corporate Affairs has announced an extension for the Company Compliance Filing Scheme (CCFS), allowing companies additional time to regularise their overdue statutory filings at a reduced fee.
The Karnataka High Court instructed the resolution professional to approach the NCLT for appropriate relief regarding the proposed sale of Byju’s K3 assets, amidst ongoing disputes.
SEBI, RRU, and NISM have signed a tripartite Memorandum of Understanding to enhance securities market training, research, and innovation, focusing on cybersecurity and emerging technologies.
The Reserve Bank of India hosted its Third Conference of Registrars of Cooperative Societies on September 1, 2026, focusing on enhancing governance in cooperative societies. Key officials from the RBI and various state registrars participated in discussions aimed at strengthening cooperative governance.
The Calcutta High Court has quashed the classification of a cash credit account as a Non-Performing Asset (NPA), ruling that it did not meet the RBI's 90-day overdue criteria. This decision illuminates the enforcement of SARFAESI regulations in banking.
NCLT admitted Canara Bank's insolvency plea of ₹119.64 crore, stating that the pending Corporate Insolvency Resolution Process (CIRP) for the principal borrower does not impede seeking insolvency against a corporate guarantor.