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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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Auction of State Government Securities for ₹14,800 Crore
Reserve Bank of Indiabankingcorporate

Auction of State Government Securities for ₹14,800 Crore

The RBI has announced an auction for state government securities, offering an opportunity for investment in various states. The collective offering amounts to ₹14,800 crore.

Jun 7, 2026Read more →
RBI to Conduct 4-Day VRR Auction on June 8, 2026
Reserve Bank of Indiabanking

RBI to Conduct 4-Day VRR Auction on June 8, 2026

The RBI is set to conduct a Variable Rate Repo (VRR) auction, addressing evolving liquidity conditions. This aims to manage the monetary policy effectively.

Jun 7, 2026Read more →
Shri Swaminathan Janakiraman Re-appointed as RBI Deputy Governor
Reserve Bank of Indiabanking

Shri Swaminathan Janakiraman Re-appointed as RBI Deputy Governor

The Central Government has re-appointed Shri Swaminathan Janakiraman as Deputy Governor of RBI for two years from June 26, 2026. This reappointment ensures continuity in the leadership of the Reserve Bank of India.

Jun 7, 2026Read more →
Historical Insights on Indian Copyright Law and Translation
N/Aintellectual_property

Historical Insights on Indian Copyright Law and Translation

The posts delve into the history of Indian copyright law, focusing on the significant impacts of translation and notable decisions shaping current law.

Jun 7, 2026Read more →
SOP for Passing of Board Resolutions by Circulation
N/Acorporate

SOP for Passing of Board Resolutions by Circulation

The Standard Operating Procedure (SOP) clarifies that resolutions passed by circulation hold the same legal standing as those passed in formal board meetings, allowing for urgent decision-making.

Jun 6, 2026Read more →
DIR-3 KYC: What Changed from 31 March 2026?
N/Acorporate

DIR-3 KYC: What Changed from 31 March 2026?

The 2025 amendment updates the requirement for DIR-3 KYC compliance from annual filings to a triennial format, prompting critical changes in compliance for directors.

Jun 6, 2026Read more →
Can a Loss-Making Company Issue Bonus Shares from Securities Premium?
N/Acorporate

Can a Loss-Making Company Issue Bonus Shares from Securities Premium?

The ruling clarifies that accumulated losses do not preclude a company from issuing bonus shares from its Securities Premium Account, provided Section 63 conditions are met and there are no financial defaults.

Jun 6, 2026Read more →
DGFT Notifies Agencies for Certificate of Origin under India-Oman CEPA
Directorate General of Foreign Tradecorporate

DGFT Notifies Agencies for Certificate of Origin under India-Oman CEPA

The DGFT has operationalized the Certificate of Origin framework under the India-Oman CEPA by designating authorized agencies and updating procedural guidelines.

Jun 6, 2026Read more →
Penalty Deleted for Lack of AO Satisfaction: ITAT
Income Tax Appellate Tribunaltax

Penalty Deleted for Lack of AO Satisfaction: ITAT

The ITAT has deleted a penalty under Section 271D of the Income Tax Act, ruling that the Assessing Officer failed to record requisite satisfaction for initiating proceedings.

Jun 6, 2026Read more →
Loan Confirmations Insufficient to Prove Creditworthiness: ITAT
Income Tax Appellate Tribunaltax

Loan Confirmations Insufficient to Prove Creditworthiness: ITAT

The ITAT has ruled that mere loan confirmation letters do not suffice to establish the creditworthiness of creditors for unsecured loans, and cases must be remanded for further verification.

Jun 6, 2026Read more →
Absence of Formal Gift Deed Does Not Render Transaction Unexplained: ITAT
Income Tax Appellate Tribunaltax

Absence of Formal Gift Deed Does Not Render Transaction Unexplained: ITAT

The ITAT held that the absence of a formal gift deed does not justify income tax addition under Section 69 when investment sources are substantiated through bank records.

Jun 6, 2026Read more →
Premature Redemption of Sovereign Gold Bond Series-III
Reserve Bank of Indiacorporatefinancial

Premature Redemption of Sovereign Gold Bond Series-III

The RBI announced that the redemption for the SGB 2021-22 Series-III is allowable on June 08, 2026. The redemption price will be determined based on the average closing prices of gold.

Jun 6, 2026Read more →
Historical Context of Indian Copyright Law: Oxford's 1901 Letter
N/Aintellectual_property

Historical Context of Indian Copyright Law: Oxford's 1901 Letter

This retrospective article explores the historical significance of the Oxford letter to amend Indian copyright law in 1901, highlighting its impact on translation issues and the evolution of copyright jurisprudence in India.

Jun 6, 2026Read more →
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