AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The government clarified that the Companies Compliance Framework Scheme 2026 (CCFS-2026) does not permit the strike-off of companies under Section 248. The scheme has been extended until August 31, 2026.
IndusInd Bank has incurred a penalty of ₹59.20 lakh from the RBI due to violations related to interest rates on deposits and securitisation practices.
The RBI has fined Northern Arc Capital Limited ₹6.20 lakh for not complying with disclosure requirements in financial statements.
The RBI has imposed a monetary penalty of ₹2.70 lakh on Fusion Finance Limited for non-compliance with KYC guidelines as mandated by RBI provisions.
Arjun Nihal Singh has joined Dentons Link Legal as a Partner in their Competition practice, bringing over a decade of experience in antitrust matters.
The landscape of brand protection has evolved with social commerce, necessitating new strategies for businesses. Companies must navigate brand engagement and regulations across social media ecosystems.
NYAI, India's first AI-native legal infrastructure platform, secured $1.5 million from prominent family offices for technology expansion. The funding aims to enhance their statutory database and improve their AI capabilities.
The NCLAT has held that one partner may represent a firm in insolvency proceedings based on a majority decision by the partners, clarifying representation authority under the IBC.
ALMT Legal facilitated a ₹50 crore funding round for Kaapi Machines, along with a strategic partnership with Sedna HoReCa.
NovoJuris Legal has assisted PineGap.ai in raising $8 million through a Series A funding round led by Stellaris Venture Partners. This marks a significant move for the AI-focused equity research platform.
The IBBI has upheld the exemption under Section 8(1)(d) of the RTI Act, affirming that public authorities are not required to compile extensive records in response to information requests.
The Gujarat High Court has ordered the release of a vessel that was previously arrested, contingent upon the provision of a P&I Club Letter of Undertaking. The court also directed Kandla Port and customs authorities to provide the necessary clearance for the vessel's departure.
The Government of India sets the redemption price for Sovereign Gold Bonds, Series VI, at ₹5,377 per gram for premature redemption due on August 12, 2026.