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Legal News & Insights

AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.

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RBI Imposes Penalty on Five Star Business Finance Limited
Reserve Bank of Indiabanking

RBI Imposes Penalty on Five Star Business Finance Limited

Five Star Business Finance Limited faces a ₹6.20 lakh penalty for KYC and Fair Practice Code violations.

Jun 21, 2026Read more →
RBI to Conduct Overnight Variable Rate Repo Auction
Reserve Bank of Indiabanking

RBI to Conduct Overnight Variable Rate Repo Auction

The RBI is set to conduct a Variable Rate Repo auction for ₹1,25,000 Crore on June 22, 2026, impacting liquidity in the market.

Jun 21, 2026Read more →
Sponsored: A Structured Approach to Patent Searches
N/Aintellectual_property

Sponsored: A Structured Approach to Patent Searches

The recent post from PatSeer outlines a strategic three-pass funnel approach for efficient patent searches under deadlines, streamlining the research process.

Jun 21, 2026Read more →
SpicyIP Bells & Whistles: IP Events and Opportunities (15.06.2026)
N/Aintellectual_property

SpicyIP Bells & Whistles: IP Events and Opportunities (15.06.2026)

The latest IP events and opportunities roundup includes highlights from the Open Source Hardware Association, focusing on innovative practices in the IP landscape.

Jun 21, 2026Read more →
SpicyIP Summer School 2026 Starts Tomorrow!
N/Aintellectual_property

SpicyIP Summer School 2026 Starts Tomorrow!

The SpicyIP Summer School 2026 starts tomorrow, focusing on the 'Pharma Stack' of intellectual property. Participants will learn to view IP as strategic tools across various domains, enhancing their analytical skills.

Jun 21, 2026Read more →
Bombay HC Quashes Reassessment Notices for Wrong Provision
Bombay High Courttax

Bombay HC Quashes Reassessment Notices for Wrong Provision

The Bombay High Court quashed reassessment notices stating that the sanction was obtained under an incorrect provision, invalidating the notices.

Jun 21, 2026Read more →
Reassessment Quashed as Time-Barred by Orissa HC
Orissa High Courttax

Reassessment Quashed as Time-Barred by Orissa HC

The Orissa High Court quashed reassessment proceedings initiated 17 years post the relevant tax period, ruling them time-barred under the Odisha Entry Tax Act.

Jun 21, 2026Read more →
MCA Extends DPT-3 Late Fee Waiver Till 31st July 2026 Due to Data Center Fire
MCAcorporate

MCA Extends DPT-3 Late Fee Waiver Till 31st July 2026 Due to Data Center Fire

The Ministry of Corporate Affairs has announced a waiver of late fees for filing Form DPT-3 until July 31, 2026, due to disruptions caused by a recent data center fire. This extension provides relief to companies in fulfilling their compliance obligations.

Jun 21, 2026Read more →
NCLT Upholds SFIO’s Winding-Up Petition as Central Govt Had Authorised Officer
NCLT, Kolkatacorporate

NCLT Upholds SFIO’s Winding-Up Petition as Central Govt Had Authorised Officer

NCLT Kolkata upheld a winding-up petition filed by the SFIO through a government-authorized officer, affirming the validity of such petitions under the Companies Act. This ruling clarifies the authority of SFIO in corporate insolvency matters.

Jun 21, 2026Read more →
Palco Amalgamation Scheme Gets NCLT Nod for Creditor & Shareholder Meetings
NCLTcorporate

Palco Amalgamation Scheme Gets NCLT Nod for Creditor & Shareholder Meetings

The NCLT has permitted the Palco amalgamation scheme while requiring the company to hold meetings of equity shareholders, citing insufficient evidence for dispensation. This ruling clarifies the obligations under corporate amalgamation procedures.

Jun 21, 2026Read more →
MCA Extends DPT-3 Filing Deadline to July 31, 2026
Ministry of Corporate Affairscorporate

MCA Extends DPT-3 Filing Deadline to July 31, 2026

In light of recent disruptions due to a data center fire, the Ministry of Corporate Affairs (MCA) has extended the deadline for DPT-3 filings until July 31, 2026.

Jun 21, 2026Read more →
CBIC Issues Guidelines for DIGIT System Data Entry
Central Board of Indirect Taxes and Customstax

CBIC Issues Guidelines for DIGIT System Data Entry

The CBIC has released revised guidelines to standardize data entry procedures within the DIGIT system, aimed at enhancing consistency and efficiency across the platform.

Jun 21, 2026Read more →
ICAI Onboards CA Firms Under PM Internship Scheme
Institute of Chartered Accountants of Indiacorporate

ICAI Onboards CA Firms Under PM Internship Scheme

The Institute of Chartered Accountants of India (ICAI) is enrolling 25 CA firms under the PM Internship Scheme aiming to create 2,000 internship opportunities, fostering practical training in the field.

Jun 21, 2026Read more →
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