AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The RBI conducted a 3-day Variable Rate Reverse Repo auction on September 04, 2026, accepting ₹5,41,975 crore at a cut-off rate of 5.24%. This session saw a total of ₹7,00,000 crore notified.
The Reserve Bank of India (RBI) has announced a Variable Rate Reverse Repo auction for September 04, 2026, with a notified amount of ₹7,00,000 crore. The auction is part of the RBI's liquidity management strategy under the Liquidity Adjustment Facility.
The Delhi District Court ruled against IPRS in a dispute regarding licensing fees for television content in hotel rooms. The decision clarifies the responsibilities of hotels concerning copyright royalties amidst rising digital content consumption.
SEBI is considering an exemption for listed issuers from mandatory merchant bank appointment for small-value debt private placements of ₹10,000.
SEBI seeks comments on a proposal for net fund obligations in mutual fund cash-market trades while retaining gross securities settlement. This change aims to streamline the cash market transactions.
The Delhi Consumer Forum has ordered Zomato to pay a customer ₹8,250 for unlawfully canceling food orders, setting a precedent for consumer rights enforcement.
The Delhi High Court delivered a split verdict regarding the validity of an arbitral award worth ₹1,889 crore in the Jindal-NTPC dispute, sending the case to the Chief Justice.
The Delhi High Court ruled that footpaths are strictly for pedestrian use and supported demolitions of encroachments, highlighting pedestrian rights over unauthorized structures.
The Reserve Bank of India (RBI) has amended its investment directions, permitting Urban Cooperative Banks (UCBs) to invest in the IDPIC for membership acquisition, effective September 2, 2026.
The Goods and Services Tax Appellate Tribunal has determined that a taxpayer's reversal of Input Tax Credit (ITC) cannot be denied solely due to the absence of a reason in Column 8 of Form GST DRC-03.
The Income Tax Department has introduced a new feature on its online portal that allows taxpayers to report corruption and harassment by officials directly. Taxpayers can now track their complaints through the e-filing system.
The Ministry of Corporate Affairs (MCA) has extended the deadline for the CCFS-2026 compliance scheme to September 15, 2026, allowing companies additional time for their statutory filings.
The Registrar of Companies (ROC) has imposed a penalty of Rs. 5.5 crore on a company for accepting preferential allotment funds from a bank account not owned by the subscriber.