AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
Maharashtra Oil Extractions Ltd files DRHP for ₹370 crore fresh issue; details business, financials, fund use, and key risks including litigation.
SEBI has simplified nomination norms for demat accounts and mutual fund folios, introducing default nomination, opt-out options, and reduced documentation.
BJP MP Nishikant Dubey has filed civil and criminal defamation suits against former Finance Secretary SC Garg over allegations of 'blackmailing', seeking ₹2 crore damages in Delhi HC.
Karnataka HC allows recovery of employee dues from gratuity if valid undertaking permits adjustment.
The Government of India reissued four dated securities on September 29, 2026, aggregating ₹33,000 crore, to meet fiscal funding requirements through market borrowings.
SEBI has revised nomination norms for demat accounts and mutual fund folios, introducing default nominations, opt-out options, and simplified documentation to enhance ease of succession.
SEBI has issued a consolidated Master Circular for Debenture Trustees effective September 28, 2026, replacing the earlier circular dated August 13, 2025. The move aims to streamline regulatory compliance and enhance investor protection.
SEBI settles proceedings with True North for ₹10.87 lakh over 10-year delay in winding up a venture capital scheme, citing regulatory breaches.
The RBI’s September 2026 Bulletin features articles on the state of the economy, credit-deposit divergence, and private corporate investment, offering insights into macroeconomic trends and policy directions.
The RBI has set the Ways and Means Advances (WMA) limit for the Government of India at ₹50,000 crore for the second half of FY27. A market loan floatation may be triggered upon 75% utilization.
The RBI has released the auction calendar for 91-day, 182-day, and 364-day Treasury Bills for October–December 2026. Upcoming auctions include ₹9,000 crore of 91-day and ₹8,000 crore of 182-day T-bills on September 30, 2026.
FEMA clarifies that renounced rights issues to NRIs on non-repatriation basis may not require valuation reports solely due to NRI status.
RBI notifies a GOI-backed ₹4,850 crore Line of Credit via Exim Bank to fund developmental projects in the Maldives, enhancing regional economic cooperation.