AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
RBI will auction ₹23,000 crore in Treasury Bills on October 14, 2026—₹8,000 crore each of 91-day and 182-day, and ₹7,000 crore of 364-day bills. Settlement is October 15.
RBI to auction ₹31,200 crore in state government securities, including fresh and re-issued bonds from Assam, Bihar, and others. Auctions use yield and price-based methods.
SEBI proposes relief from retrospective listing under Reg 62A for first-time issuers while maintaining mandatory requirements for subsequent issues.
SEBI introduces a manager-led investor accreditation model with ₹5 crore exposure threshold and deemed recognition for overseas investors.
SEBI has amended its recruitment regulations for officers, introducing mandatory 60% graduation marks, CGPA conversion norms, and equivalence criteria for foreign degrees.
New e-way bill reforms restrict arbitrary interception and detention of goods in transit, clarifying jurisdictional limits and documentation requirements during inspections under the CGST Act.
The GST Council proposes raising the threshold for show-cause notices to ₹10,000 and replacing penalties with voluntary charges in minor defaults. These reforms aim to reduce litigation burden and promote compliance.
New GST refund reforms introduce automated processing, provisional refunds up to 90%, and revised timelines to reduce pendency. The changes aim to ease cash flow for businesses and streamline verification mechanisms.
The NCLT has suspended operations of Court VI at its Mumbai Bench effective October 13 due to vacancies in the posts of members. All pending matters have been redistributed to other courts, highlighting institutional strain from staffing shortages.
The Delhi High Court imposed ₹10,000 costs on an advocate for appearing in a virtual hearing while walking in a garden, violating decorum norms under the Electronic Evidence and Video Conferencing Rules, 2025. The court emphasized the need for seriousness and connectivity standards in remote proceedings.
DGFT extended the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme until December 31, 2026, with existing rates and value caps unchanged.
RBI mandated that exporters must file the Electronic Declaration Form (EDF) with designated banks starting October 1, 2026, to streamline export documentation and compliance.
ITAT rules only ITOs, not DCITs, may issue assessment orders for corporate returns below ₹20 lakh in mofussil areas based on CBDT instructions.