AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
Exim Bank has inked a ₹4,850 crore Line of Credit (LOC) agreement with the Maldives government, backed by the Government of India, for key development projects, marking a strategic foreign economic initiative.
The RBI has issued amendments to the Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026, streamlining compliance for forex transactions and updating procedural requirements under FEMA, 1999.
Calcutta HC refuses writ jurisdiction over a contractual payment dispute where an arbitration clause exists and facts are disputed.
Madras HC rules that a SARFAESI property dispute under DRT cannot stall a college’s provisional affiliation process.
SEBI’s board approved comprehensive reforms across portfolio management, settlements, REITs, InvITs, FPIs, AIFs, and accredited investors, aiming to boost market depth and compliance efficiency.
The Securities Appellate Tribunal (SAT) has consistently held that SEBI cannot impose penalties on a corporate debtor for pre-acquisition defaults after an NCLT-approved resolution plan under the IBC. Sections 31 and 32A of the Insolvency and Bankruptcy Code protect the corporate entity post-resolution, barring regulatory penalties for past conduct.
NCLT admits insolvency petition for ₹1.05 crore operational debt; no genuine dispute raised prior to default.
SEBI has disposed of adjudication proceedings against five Adani Group companies for disclosure and corporate governance lapses, accepting settlements totalling over ₹1.5 crore without admission of guilt.
The ITAT ruled that profits from offshore supply are not taxable in India when title, payment, and supply operations occur outside India under Sections 5(2) and 9(1)(i) of the Income Tax Act.
SEBI settles disclosure and governance proceedings against five Adani Group firms for over ₹1.5 crore without admission of liability.
RBI issues final directions on novation of over-the-counter (OTC) derivative contracts following public consultation and stakeholder feedback.
Exim Bank signs GOI-supported $4,850 crore line of credit with Maldives for development projects, notified by RBI to authorised dealer banks.
The RBI has issued an indicative calendar for the auction of Government of India dated securities for October 2026 to March 2027, including Sovereign Green Bonds, enhancing market transparency.