AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
SEBI’s Portfolio Managers Regulations, 2026, effective April 2027, introduce a comprehensive regime for registration, capital, PRIM, and client safeguards.
SEBI’s 2026 amendment extends vault manager regulations to gold and silver ETFs and bullion derivatives, enhancing custody, insurance, and investor protection norms.
ICAI removed a chartered accountant's name from the register for one year for failing to report material financial irregularities and going concern uncertainties in a ₹1,150 crore siphoning case.
NCLT approves voluntary liquidation under Section 59 IBC but holds directors liable for future contingent dues despite debt settlement.
The NCLT held that pending winding-up proceedings do not preclude initiation of CIRP under IBC if no irreversible steps toward liquidation have been taken.
RBI to sell ₹25,000 crore of central government securities via multi-security auction on October 13, 2026. Aims to manage liquidity and signal monetary tightening.
RBI issues new circulars restricting rebooking of cancelled INR derivative contracts and tightening forex market regulations. The move aims to prevent speculative trading and ensure orderly market conditions.
Reserve Bank of India has launched a special facility to meet the full daily dollar requirements of three public sector oil marketing companies: IOCL, HPCL, and BPCL. The window will be operational from October 12, 2026, via designated banks.
The NCLAT has upheld the extension of a resolution plan timeline, ruling that delays in property handover not attributable to the resolution applicant cannot burden the successful bidder.
The RBI has issued the Sixth Amendment Directions, 2026, updating capital adequacy norms for Small Finance Banks, particularly legal opinion requirements for clearing members.
The RBI has issued the Third Amendment Directions, 2026, modifying prudential capital adequacy norms for Payments Banks, particularly concerning legal opinions for clearing members.
The Reserve Bank of India has issued the Fifth Amendment Directions, 2026, revising prudential norms on capital adequacy for All India Financial Institutions (AIFIs), particularly aligning legal opinion requirements for clearing members.
RBI introduces Credit Valuation Adjustment (CVA) framework for commercial banks from April 2027, prescribing capital charges, risk weights and disclosures.