AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The article analyzes the classification of Compulsorily Convertible Debentures under Ind AS 32 as financial liabilities, critiquing judicial interpretations that may not hold legal authority.
This article reviews how recent Companies Act amendments impact tax treatment of penalties, CSR expenditures, and related party transactions, emphasizing the interplay between corporate law and tax law.
The MCA has amended Schedule VII of the Companies Act to include investments in zero coupon zero principal instruments under CSR, further diversifying permissible CSR activities.
The NCLT Allahabad Bench has authorized the conversion of capital and shares into a company limited by guarantee, waiving the need for shareholder meetings due to unanimous consent. This ruling clarifies procedural implications for such transformations.
The RBI has announced the final redemption details for Sovereign Gold Bond 2018-19 Series-I, due on May 4, 2026, including the redemption price calculation method.
The Reserve Bank of India has published its 46th half-yearly report on the management of foreign exchange reserves as of March 2026, promoting transparency and governance.
The Supreme Court has affirmed the Election Commission's constitutional authority to conduct a Special Intensive Revision of electoral rolls, affirming the ECI's powers under Article 324 and Section 21(3) of the RP Act.
The Supreme Court examined the powers of the Competition Commission of India regarding disclosure obligations in merger approvals, determining that full disclosure exists when the CCI has access to all transaction records.
The Digital Personal Data Protection Act, 2023 outlines individual rights regarding personal data handling and the compliance responsibilities for organizations. Tax advocates must understand these new obligations to provide effective counsel on digital privacy matters.
The Central Board of Indirect Taxes and Customs (CBIC) has announced the transfer and posting of 289 Additional and Joint Commissioners across various zones and directorates. This strategic move aims to enhance operational efficiency in GST and customs administration.
The Reserve Bank of India has sanctioned the voluntary amalgamation of The Bhavani Sahakari Bank Ltd. with TJSB Sahakari Bank Ltd., effective May 04, 2026.
The Future Crime Research Foundation has opened registrations for its second cohort of the Certified Cyber Law Practitioner program, aimed at legal and compliance professionals, starting June 6.
SEBI has updated its methodology for calculating household savings in the securities market, resulting in a 47 basis points increase in the Gross Savings-to-GDP ratio for FY 2024-25.