AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Reserve Bank of India conducted an overnight Variable Rate Reverse Repo (VRRR) auction on October 15, 2026, accepting ₹9,562 crore out of a notified ₹50,000 crore. The cut-off and weighted average rate stood at 5.49%.
Courts differ on whether Section 124 of the Trade Marks Act allows stay of infringement suits during Section 47 cancellation proceedings, creating a split on the scope of 'rectification proceedings'.
SEBI amends Research Analysts Regulations, making call recordings optional for communications with institutional investors from November 2026.
The Directorate General of Foreign Trade extended the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme until December 31, 2026, with existing rates and value caps unchanged.
Finance Minister Nirmala Sitharaman signals possible review of Long-Term Capital Gains tax in lead-up to Budget 2027, amid industry demands for rationalization.
The GST portal has enabled filing of GSTR-9 and GSTR-9C for FY 2025-26. Taxpayers must ensure all GSTR-1 and GSTR-3B returns are filed before proceeding.
On October 13, 2026, the RBI conducted an Open Market Operation (OMO) sale auction, successfully raising ₹25,000 crore by selling government securities across maturities from 2030 to 2034, with cut-off yields ranging from 7.1428% to 7.3755%.
On October 14, 2026, the Reserve Bank of India conducted an overnight Variable Rate Reverse Repo (VRRR) auction, accepting ₹25,533 crore out of a notified amount of ₹50,000 crore at a uniform cut-off rate of 5.49%.
GSTN activates annual return forms GSTR-9 and GSTR-9C for FY 2025–26; filing requires prior submission of all GSTR-1 and GSTR-3B returns.
GSTAT Lucknow quashed a penalty for expired e-way bill, ruling that absence of tax evasion intent must be proven; mere document lapse is insufficient.
Anarock proposes ₹1,000 crore IPO with Khaitan & Co advising the company, Verist Law advising selling shareholders, and other firms involved in the transaction.
Karnataka High Court issues notice on petition challenging government order allowing engineers to use 'Er' prefix. Next hearing set for November 16, 2026.
Directorate General of Foreign Trade extended the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme until December 31, 2026 with no change in existing rates or value caps.