AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
SEBI has proposed changes to settlement and risk management norms aimed at simplifying compliance requirements for Market Infrastructure Institutions (MIIs). This move is expected to reduce regulatory burdens on clearing corporations.
The Securities and Exchange Board of India (SEBI) has invited public comments on proposed reforms for Real Estate Investment Trusts (REIT) and Infrastructure Investment Trusts (InvIT). These reforms aim to enhance investments, voting rights, exit offers, and infrastructure while addressing cooling-off norms.
The RBI has reinforced compliance duties under Section 51A of UAPA concerning updates to the UNSC’s sanctions list, affecting various banking and financial institutions.
The Reserve Bank of India has finalized directions concerning the conduct of regulated entities in loan recovery processes. This comes after stakeholder feedback was considered, impacting the operational frameworks for credit recovery.
The Reserve Bank of India has issued draft directions for public comment regarding concentration risk management for rural co-operative banks. This follows recent policy announcements aimed at strengthening banking regulations.
In Novartis AG v. Venkata Narayana Active Ingredients, the Madras High Court provided clarity on the evidentiary requirements for invoking Section 107A of the Patents Act regarding exports for regulatory approval. The judgment aims to balance patent rights with the need for accessible medicines.
The Delhi High Court in Home Box Office Inc. v. Streamzy.To addressed the intersection of online piracy and website-blocking orders. The ruling seeks to clarify the roles of ISPs and domain registrars under Section 79 of the IT Act, potentially reshaping the landscape for digital content protection.
In a recent monetary policy meeting, the RBI decided to maintain the repo rate at 5.25% amid global economic uncertainties while announcing significant banking reforms. This decision is crucial for financial stability as market conditions remain volatile.
The Bombay High Court has ordered social media platforms to remove defamatory deepfake content associated with Union Minister Nitin Gadkari, highlighting issues of defamation and accountability in the digital space.
The Allahabad High Court has ordered the demolition of approximately 72 illegally constructed lawyers' chambers in Lucknow, asserting the need to maintain legal integrity and public space. The court warned of consequences for obstructing the demolition.
SEBI mandates that all covered intermediaries utilize validated ‘@valid’ UPI IDs for payments starting October 1, 2025, aiming to strengthen payment verification and reduce fraud.
SEBI has introduced the GARUDA mechanism to streamline the filing and launch procedures for Alternative Investment Funds (AIFs) under the revised AIF Regulations, effective immediately.
SEBI has proposed a new framework enabling Depository Receipts issuance against REITs and publicly listed InvIT units, inviting comments until August 25, 2026. This initiative aims to enhance market accessibility for investors.