AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The NCLT has ruled that a personal guarantor moratorium cannot impede independent corporate insolvency proceedings against a debtor with a financial default of ₹46.62 crore. This decision underscores the separate legal identities of guarantors and corporate debtors.
The ITAT ruled in favor of Reliance Jio, determining that payments made to non-resident telecom operators were not subject to taxation in India under applicable Double Taxation Avoidance Agreements (DTAAs).
SEBI has proposed an exemption allowing eligible listed issuers to forgo mandatory merchant banker appointments for small-value debt private placements of up to ₹10,000. This initiative aims to enhance issuance efficiency and reduce compliance burdens.
The NCLT has sanctioned the merger of Aureustech Systems with Happiest Minds Technologies, effective April 1, 2026.
The NCLAT has set aside an NCLT order, clarifying that Section 98 necessitates proof of impracticability in convening an EGM.
The Reserve Bank of India has published the Fourth Amendment Directions, 2026 updating CRR and SLR requirements for Small Finance Banks, easing regulations on fresh deposits.
The Reserve Bank of India has released Fourth Amendment Directions, 2026 updating the CRR and SLR for Regional Rural Banks, providing exemptions for managing fresh deposits.
The RBI has published the Fourth Amendment Directions, 2026 which updates the CRR and SLR requirements for Urban Co-operative Banks providing exemptions on fresh deposits.
The Reserve Bank of India has released the Fourth Amendment Directions, 2026 updating Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) requirements for Rural Co-operative Banks.
The RBI issued the Third Amendment Directions, 2026, modifying the interest rate framework for Commercial Banks by temporarily lifting deposit rate ceilings.
The Reserve Bank of India has published the Third Amendment Directions, 2026 for Small Finance Banks, lifting prior interest rate restrictions on new deposit accounts.
The RBI has introduced the Third Amendment Directions, 2026, eliminating previous interest rate ceilings for Local Area Banks on new deposits to enhance their competitive positioning.
The RBI has published the Third Amendment Directions, 2026 regarding interest rates applicable to Regional Rural Banks, temporarily lifting the interest rate ceilings on new deposits.