AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
Employers with ten or more employees must comply with POSH Act requirements, and violations can lead to significant penalties, including fines and potential business license cancellations.
The Kerala High Court has ruled that the Enforcement Directorate can initiate civil action without a predicate offence. This ruling supports ongoing investigations into Cochin Minerals and Rutile Limited under the PMLA.
Recent MCA changes broaden CSR scope by endorsing investment in Zero Coupon Zero Principal Instruments.
New amendments by the MCA allow companies to utilize CSR funds through Zero Coupon Zero Principal instruments listed on the Social Stock Exchange, offering a regulated avenue for CSR investments.
The Karnataka High Court quashed a provisional attachment order under the PMLA, stating statutory language must be applied judiciously rather than being reproduced mechanically.
The Calcutta High Court has clarified that the pendency of NCLAT appeals is sufficient to prevent the Regional Director from allowing Hindusthan Glass to shift its head office.
The NCLAT set aside insolvency proceedings noting that misrepresentation of a borrower as a guarantor invalidates applications under Section 95 unless valid documentation is presented.
The NCLAT ruled that the Greater Noida Industrial Development Authority's claim as a secured operational creditor cannot exceed ₹6.79 crore as per the escrow allocation, emphasizing judicial finality in resolution plans.
The NCLAT has stayed insolvency proceedings against Religare Enterprises, finding group transactions circular and fraudulent. This ruling warrants a reconsideration of the prior admission order.
The Reserve Bank of India has imposed a monetary penalty of ₹14.25 lakh on Nagar Sahkari Bank Ltd. for compliance failures regarding income recognition and asset classification.
The Saket District Court ruled in favor of independent artist Anamika Sood, identifying her as the rightful owner of her song, in a case that raises critical concerns about the misuse of copyright enforcement as a commercial tool.
The Supreme Court has ruled that SEBI failed to prove allegations of fraud and market manipulation in RPL futures transactions, quashing the disgorgement order but upholding penalties for position-limit disclosure violations.
IBBI has standardized formats for filing complaints and claims to ensure uniformity and transparency in the grievance-handling process.