AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Reserve Bank of India published the results for the recent buyback auction of dated securities, accepting a total amount of ₹12,604.078 crore from participants out of a notified amount of ₹20,000 crore.
The RBI released the results for the State Government Securities auction conducted on July 28, 2026, showcasing a total notified amount of ₹4,600 crore. Various states, including Andhra Pradesh and Gujarat, participated with different tenor securities.
The Institute of Chartered Accountants of India (ICAI) has extended the deadline for the transfer of goodwill associated with deceased CA members' proprietary firms from one year to three years. This amendment aims to provide more flexibility for the firms navigating the transfer process.
Recent comments submitted to the CDSCO highlight ongoing issues with brand name extension practices in India. The discourse around these policies has seen limited public engagement, which raises significant concerns.
The RBI has announced the due date for FLA returns as July 31, 2026, and outlined procedures for the FLAIR platform. There is a late fee of ₹7,500 for late submissions.
The RBI has extended its directives under the Banking Regulation Act to The Irinjalakuda Town Co-operative Bank Ltd., maintaining oversight until January 30, 2026. This extension is part of regulatory efforts to ensure stability amid ongoing issues.
The RBI announced the results of an auction for State Government Securities, with a total of ₹18,100 crore being raised by various states. This move is an important part of states' financing strategies.
RBI's draft guidance outlines regulatory expectations for data governance, inviting public comments due by August 17, 2026.
The RBI has issued guidelines regarding the Foreign Liabilities and Assets (FLA) return filing, detailing the due date of 31 July 2026 and associated procedures.
The results of the recent auction for Government Stocks reveal significant investor interest, with ₹17,000 crore raised for new GS 2041 and ₹11,000 crore for GS 2076. Cut-off yields indicate a stable investment environment.
Several State Governments have announced an auction to raise ₹18,100 crore through the sale of securities. Andhra Pradesh is the primary contributor with ₹1,000 crore for the re-issue of its 7.56% State Government Securities.
The Bombay High Court has remanded proceedings against a wilful defaulter, allowing for withdrawal of previous orders and ensuring adherence to natural justice norms.
The Rajya Sabha has assessed the implications of Section 43B(h) of the Finance Act 2023, highlighting both the liquidity benefits for MSMEs and challenges regarding buyer evasion.