AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
SEBI has increased the International Securities Identification Number (ISIN) issuance limit for private placement debt securities and exempted GoI EBR and ESG debt from these limits.
RBI allows one-time approval for major share acquisitions by qualifying mutual funds, insurers, and pension funds in Local Area Banks.
CESTAT Delhi sets aside Section 112 penalty on Him Logistics, holding no act of omission or commission was established.
Madras HC allows detained gold jewellery to be returned for re-export to Saudi Arabia, subject to adjudication and payment of minor penalty.
CESTAT Mumbai upholds suspension of NVOCC registration for failure to comply with customs directives on detention and demurrage waivers.
CBIC notifies mechanism for authenticating Export Declaration Forms at non-EDI locations under FEMA Regulations, 2026, effective 1 Oct 2026.
J&K and Ladakh HC allows refund of Education Cess amounting to dues under protest, subject to pendency of Supreme Court appeals and submission of bank guarantee.
Customs, Excise and Service Tax Appellate Tribunal (CAAR) benches in Delhi and Mumbai rejected multiple applications for roasted areca nut classification, citing binding Madras High Court precedent.
The RBI successfully auctioned state government securities for Andhra Pradesh and Delhi on October 6, 2026, raising ₹3,000 crore total. The auction included re-issues of securities maturing in 2035, 2042, 2033, and 2041.
Non-Banking Financial Companies (NBFCs) reported a 15.8% year-on-year credit growth in August 2026, up from 10.0% the previous year. The surge reflects robust demand in housing, consumer, and MSME segments.
The RBI conducted an Overnight Variable Rate Reverse Repo (VRRR) auction for ₹3,00,000 crore on October 7, 2026, to absorb excess liquidity. The move follows a review of evolving liquidity conditions in the financial system.
SEBI renews recognition of BSE Clearing Limited under SCRA for three years, effective October 3, 2026.
SEBI clarifies fixed deposit requirements for registered research analysts, including FD procedure, lien with RAASB, and mutual fund alternatives.