AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
FeaturedSEBI has proposed comprehensive amendments to the Buy-Back Regulations, reintroducing open market buy-backs and simplifying compliance requirements to enhance investor protections.
FeaturedThe Supreme Court has quashed criminal proceedings pending for 35 years, citing violations of the right to speedy trial. It also requested comprehensive data from the Allahabad High Court regarding criminal case backlog.
FeaturedThe Constitution (One Hundred and Sixth Amendment) Act, 2023 introduces a one-third reservation for women in legislative bodies. The article discusses the constitutional basis for this amendment and its implications for women's political participation.
The Delhi High Court acquitted a man in a 1983 murder case, ruling that shouting 'Maro Sale Ko' does not imply intent to kill. This decision emphasizes the need for clear evidence of common intent in murder charges.
India and Brazil have initiated collaboration on the Traditional Knowledge Digital Library (TKDL), enhancing global biodiplomacy and patent examination related to biodiversity and traditional knowledge.
The Madras High Court has restrained construction of a church near a century-old temple, noting a pending civil suit and the need to maintain status quo until the resolution of the land dispute.
IRDAI has introduced draft regulations that emphasize due process and proportional penalties for enforcement actions in the insurance sector. The new rules aim to enhance procedural fairness.
IRDAI plans to replace the three-year licensing system for insurance surveyors and loss assessors with a perpetual registration model, contingent on annual fee payments. This draft amendment aims to simplify compliance regulations.
The Karnataka High Court has ruled that agricultural cooperatives may claim deductions under Section 80P, provided they prove lending credit facilities only to their members as an intermediary organization.
The Kerala High Court has dismissed a writ appeal concerning a penalty under Section 271D of the Income Tax Act, directing the taxpayer to pursue available statutory remedies instead. This reinforces the statutory framework for tax appeals.
The NCLT has recognized homebuyers as financial creditors and initiated CIRP against a real estate developer for defaulting on ₹6.76 crore. The amounts paid are classified as financial debts under the IBC.
The NCLT has begun insolvency proceedings against Primezone Developers due to their failure to refund amounts to allottees for unfulfilled plots. The tribunal ruled that this constitutes a financial debt default.
The NCLT has initiated Corporate Insolvency Resolution Process against Eros International Media for failing to pay NH-10 film revenue. The tribunal classified the default as an operational debt.