AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The RBI has issued new amendments for Regional Rural Banks, focusing on improving credit risk management practices critical for ensuring financial stability and sound lending.
The RBI released amendments to the Income Recognition, Asset Classification, and Provisioning Directions for All India Financial Institutions, addressing critical aspects of asset management and compliance in the banking sector.
The RBI has sanctioned the voluntary amalgamation of The Bhavani Sahakari Bank Ltd. with TJSB Sahakari Bank Ltd., effective May 4, 2026. This move highlights ongoing structural shifts in the cooperative banking sector.
In a notable precedent, the Delhi High Court differentiated between generic and coined marks in keyword advertising, narrowing the intermediary safe harbor for platforms like Google. This decision has significant implications for trademark law and digital marketing practices.
The Delhi High Court ruled on May 22, 2026, that Google's allowance of bidding on the trademark 'HINDWARE' constitutes trademark infringement. This decision underscores the legal boundaries of keyword advertising and the responsibilities of digital platforms in managing trademark rights.
The Supreme Court ruled that importers must challenge assessment orders before filing for customs duty refunds, establishing crucial procedural requirements.
New customs notification grants a full exemption from customs duty and AIDC on raw cotton imports from June until October 2026, aiding the agricultural sector.
The Companies (Corporate Social Responsibility Policy) Amendment Rules, 2026 now validate investments in social stock exchange instruments as a valid CSR channel.
The NCLT Allahabad Bench has ruled in favor of a company's request to convert shares into guarantees, bypassing traditional shareholder meetings due to unanimous consent.
The Registrar of Companies has imposed penalties for submitting an incorrect document with Form AOC-4. The ruling emphasizes the importance of compliance with statutory requirements even after requests for rectification.
The NCLAT has ruled that undisclosed related-party agreements cannot justify the continued occupation of a corporate debtor’s property during CIRP.
The NCLAT has clarified that Resolution Professionals can secure possession of corporate assets without needing to file separate eviction suits during the CIRP.
The NCLT has accepted an insolvency application for ₹1.96 crore, stating that SARFAESI actions by secured creditors do not hinder CIRP where operational debts are present.