AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Calcutta High Court has set aside injunction orders related to share buybacks due to a lack of documented reasoning in the decisions. This ruling emphasizes the necessity of providing clear rationale in injunction orders.
The Competition Commission of India has closed its case against Maharashtra PWD, citing a lack of prima facie evidence for anti-competitive behavior related to specifications. This decision underscores the need for substantive evidence in competition law cases.
The National Company Law Tribunal has directed the admission of a financial creditor's claim where service dues were settled through an allotment of a commercial unit. This ruling highlights the inclusion of non-cash settlement methods in the recognition of financial debts.
Preliminary data on India's balance of payments for June 2026 highlights a significant current account deficit.
The RBI has announced the auction of Government of India Treasury Bills with a total notified amount of ₹24,000 Crore to be conducted on August 19, 2026.
The RBI announced the redemption price for premature redemption of the Sovereign Gold Bond 2021-22 Series V, with a due date on August 17, 2026. The redemption price will be determined based on the simple average of closing prices.
The Delhi High Court clarified that separate show cause notices (SCNs) originating from the same investigation retain their independent legal identities. This ruling reinforces that a stay on one SCN does not preclude adjudication of another SCN from the same inquiry.
On August 14, 2026, the RBI conducted an underwriting auction for various Government securities. This auction focused on establishing the cut-off rate for underwriting commissions for primary dealers, which plays a significant role in financial market operations.
The NCLT has approved the dissolution of Paysend India after confirming that its voluntary liquidation process was completed with full statutory compliance under Section 59 of the IBC.
The NCLT has ruled that disputed contractual monetary claims fall outside the scope of IBC adjudication, directing the return of assets to protect the Corporate Debtor during the CIRP.
The NCLAT ruled that a formal loan agreement is not essential for establishing the existence of financial debt under the IBC, specifically affirming that repayable advances qualify as debt.
BNP Paribas Cardif has acquired a 26% stake in IndiaFirst Life Insurance Company, facilitated by Khaitan & Co and other legal advisors.
Section 3(m) of the Patents Act has started gathering attention due to recent patent actions. This article critiques the comparison of Section 3(m) with European Patent Law, outlining fundamental legal distinctions.