AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
FeaturedThe Reserve Bank of India has canceled the Certificate of Registration for 150 non-banking financial companies, emphasizing regulatory compliance and the importance of maintaining operational standards.
FeaturedThe Delhi High Court's pro-tem order in Malikie v. Xiaomi introduces confusion into standards for assessing Standard Essential Patents (SEPs), indicating a misstep in legal reasoning that may impact future adjudications.
FeaturedSEBI has proposed comprehensive amendments to the Buy-Back Regulations, reintroducing open market buy-backs and simplifying compliance requirements to enhance investor protections.
The ITAT has deleted an addition of Rs. 1.66 crore made by the AO on allegedly disproportionate adat expenses claimed by a commission agent, holding that full TDS compliance and supporting documentation substantiated the claim.
The ITAT deleted a ₹1.66 crore addition on adat expenses claimed by a commission agent, accepting that TDS compliance evidenced the legitimacy of the expenses.
On October 16, 2026, the Reserve Bank of India conducted an Additional Competitive Underwriting (ACU) auction for the re-issue of a government security worth ₹34,000 crore. The cut-off rate for underwriting commission payable to Primary Dealers was set based on competitive bidding.
SEBI Board proposes replacing 2020 rules with modernised 2026 framework focusing on client safeguards, derivatives use, and compliance efficiency.
Proposed amendments require direct reporting of fund utilisation, stricter disclosures, and penalties for non-cooperation, strengthening SEBI’s oversight under LODR and ICDR.</p>
SEBI's proposed framework introduces manager-led accreditation with a ₹5 crore securities exposure threshold and three-year validity, streamlining access for sophisticated investors.
SEBI has proposed sweeping reforms to the SME IPO regime, introducing market-cap-based eligibility, a ₹3 crore operating profit criterion, reduced application size to ₹1 lakh, and revised migration rules to mainboard.
SEBI upholds interim ban on Rajesh Exports and chairman for non-cooperation with forensic audit.
Comprehensive compliance guide for Indian entities investing in UAE businesses under ODI and Liberalised Remittance Scheme. Covers valuation, funding, reporting and AD bank roles.
Updated guide to RBI's FIRMS portal covers FC-GPR, FC-TRS, FLA returns, Entity Master registration, and LLP reporting deadlines. Timely submission is mandatory under FEMA.