AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Reserve Bank of India has released the second amendment directions regarding Priority Sector Lending targets and classifications, which are aimed at enhancing the flow of credit to priority sectors in the economy.
The Controller General of Patents has invited stakeholder comments on the Draft Manual of Patent and Trademark Office (Practice & Procedure) 2026. Comments are due within the next 30 days for patents and 15 days for trademarks.
The Karnataka High Court has ruled that a mandatory pre-deposit in service tax appeals can be discharged through transitional CENVAT credit, thereby relieving unnecessary financial burdens on appellants.
The J&K and Ladakh High Court ruled that the MSME relaxation circular does not create enforceable rights for tenderers. The rejection of a bid due to turnover criterion was upheld.
SEBI has resolved an allegation of continuing interest violations in an Alternative Investment Fund by agreeing to a settlement of ₹10.87 lakh. The issue arose due to unequal investor drawdowns.
The Calcutta High Court upheld that civil courts cannot issue injunctions against actions under the SARFAESI Act, reinforcing the legal boundaries of such proceedings.
The Supreme Court dismissed a petition seeking a joint trial in two CBI cases related to the 2013 NSEL payment crisis, affirming the need for separate trials.
The Supreme Court ruled that an employee who accepted CPF benefits cannot subsequently claim a GPF pension after retirement, reinforcing the binding nature of prior acceptance.
The RBI has revealed auction results for government securities, with significant participation and acceptance amounts indicating robust market interest.
Progfin Private Limited faces a penalty of ₹2.70 lakh from the RBI due to violations of KYC directives, highlighting the regulatory expectations for adherence to anti-money laundering measures.
The Reserve Bank of India has announced an auction of state government securities totaling ₹20,100 crore. The auction will include re-issues from Andhra Pradesh and others, with significant implications for fiscal management and state funding.
LEAP India Limited has raised ₹2,480 crore through an IPO, with advisory support from top legal firms including Cyril Amarchand Mangaldas.
The latest article delves into the Data Protection Development Act's (DPDP) execution, focusing on fiduciary responsibilities and data protection standards.