AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
Section 6 of the Companies Act 2013 declares provisions conflicting with the Act as void, offering critical insights into corporate governance and compliance.
The distinction between merger and demerger routes remains critical under the Companies Act and Income-tax Act, influencing tax neutrality and loss carry-forward provisions.
The NCLT has approved a scheme for Siyaram Silk Mills to issue bonus preference shares, contingent on compliance with the Companies Act and SEBI regulations. This decision reinforces the procedural framework for corporate finance.
The Reserve Bank of India has issued the Second Amendment Directions regarding the interest rates applicable to deposits in rural co-operative banks. The amendments aim to provide more flexibility amidst evolving market conditions.
The Reserve Bank of India has published the Second Amendment Directions, 2026 concerning urban co-operative banks, focusing on the classification, valuation, and operation of their investment portfolios, particularly in non-SLR securities.
In a new initiative, the RBI has mandated scheduled commercial banks and other financial institutions to report relief measures in areas impacted by natural calamities through the Centralised Information Management System (CIMS) portal. This half-yearly return is aimed at improving the efficiency of aid distribution.
The Reserve Bank of India has directed Authorized Dealer Category-I banks to furnish an updated list of all their offices and branches that maintain Rupee accounts for non-resident banks. This directive aims to ensure better regulatory oversight and compliance in the banking sector.
The RBI reported the results of the Treasury Bills auction held on September 3, 2026, with a total notified amount of ₹24,000 crore across three tenors. The cut-off yields were set at varying rates for each tenor.
On September 2, 2026, the RBI conducted an Overnight Variable Rate Reverse Repo auction accepting ₹4,59,843 crore at a cut-off rate of 5.24%. This auction was significant for liquidity management post-monetary policy adjustments.
The Reserve Bank of India (RBI) announced the results of its Overnight Variable Rate Reverse Repo auction, accepting ₹5,18,742 crore at a cut-off rate of 5.24%. The auction aimed to manage liquidity conditions in the financial market.
The Delhi High Court's ruling in Array Biopharma v. Deputy Controller emphasizes that objections in patent applications must be substantive and linked to claims rather than mere citations. This decision shapes expectations for applicants and their legal counsel.
Recent guidelines by the CGPDTM address the use of AI in patent examination, raising questions about human oversight and accountability. These discussions are crucial for understanding the future of patent law and innovations in examination processes.
The Delhi District Court ruled against IPRS in its attempt to obtain an interim injunction against Hotel Appolo regarding licensing fees for TV content. This ruling raises critical questions about copyright obligations for hotels providing in-room entertainment.