AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
SEBI has implemented a buy-back freeze framework at the ISIN level to embed promoter trading restrictions in market systems, enhancing compliance during buy-back operations.
SEBI has launched the GARUDA mechanism, aiming to expedite the filing of Private Placement Memorandum (PPM) and the launch of Alternative Investment Funds (AIF) schemes. This revision is effective immediately under the amended AIF Regulations.
TMC has filed a petition in Calcutta HC challenging the legality of a pre-dawn police raid at the residence of Abhishek Banerjee, demanding preservation of CCTV footage and records from the operation.
The Calcutta High Court has granted interim protection to TMC leader Abhishek Banerjee against coercive measures in three criminal cases. The police have been directed to provide information on all pending FIRs against him.
The Delhi High Court is set to hear the bail applications of Umar Khalid and Sharjeel Imam together on August 27. This follows a notice issued to the Delhi Police to respond to Khalid's bail plea related to the Delhi Riots conspiracy case.
The Karnataka High Court condemned the assault of a mentally unstable youth accused of desecrating a Dr. Ambedkar portrait. Justice M Nagaprasanna expressed concern over the ongoing violence and emphasized the need for legal recourse instead of vigilante justice.
The current copyright framework in India presents challenges for digital archiving efforts, calling for urgent legal reforms. This article discusses why updating archival exceptions is crucial for facilitating better access to knowledge.
This article discusses the CCPA's orders against PhysicsWallah and McAfee, highlighting their implications on advertising standards. The analysis digs deeper into the findings regarding misleading advertisements and forced actions, with a focus on dark patterns in user interfaces.
The Rajasthan High Court has ruled that redemption fines cannot be excluded from the Sabka Vishwas Scheme, clarifying the scope of Section 125.
The NCLT validated JSW Steel's merger plan, directing an online equity shareholder vote without holding creditor meetings, emphasizing efficiency in corporate restructuring.
The NCLT upheld a resolution professional's decision to reject an income tax claim filed significantly late, emphasizing the finality of an approved resolution plan under the Insolvency and Bankruptcy Code.
The Calcutta High Court set aside a penalty on a Customs House Agent employee, clarifying that mere negligence does not constitute abetment of smuggling under the Customs Act.
SEBI has mandated that covered intermediaries use validated ‘@valid’ UPI IDs and QR codes starting October 1, 2025. This initiative aims to strengthen investor payment verification and mitigate fraud within financial transactions.