AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Madurai Bench of the Madras High Court directed two women police officers to pay ₹1,00,000 each as compensation for not registering an FIR in a dowry demand case. This ruling emphasizes accountability for police actions regarding sensitive matters.
The Calcutta High Court quashed a wilful defaulter notice issued by a bank, citing vague allegations. The court has allowed the possibility of fresh proceedings provided proper particulars are included.
The Gauhati High Court acquitted an officer convicted under the Prevention of Corruption Act, citing insufficient evidence from the CBI to establish disproportionate assets. The decision reaffirms the principle of burden of proof in criminal cases.
The RBI has extended the directions on Irinjalakuda Town Co-operative Bank till January 30, 2026, following ongoing liquidity concerns.
The abrupt removal of the film 'Satluj' from ZEE5 post-release raises significant legal questions regarding censorship and copyright enforcement. This case exemplifies tensions between access to cultural content and copyright regulations.
Proposals for significant amendments to the Indian Copyright Act are underway despite the absence of a formal public consultation process. Stakeholders have expressed concerns regarding the potential impact of these changes on existing copyright practices and rights.
The RBI has amended prudential norms regarding income recognition for specified non-financial assets for NBFCs, effective October 1, 2026.
The RBI has amended income recognition directions for specified non-financial assets applicable to All India Financial Institutions, ensuring clarity in accounting treatment.
RBI has amended income recognition rules for specified non-financial assets in Urban Cooperative Banks, effective October 1, 2026.
RBI has amended the income recognition rules for specified non-financial assets applicable to Rural Co-operative Banks, effective October 1, 2026.
The RBI has amended income recognition norms for Regional Rural Banks concerning specified non-financial assets, with changes effective October 1, 2026.
The RBI has amended its directions for Local Area Banks concerning income recognition for specified non-financial assets, effective October 1, 2026.
The RBI has consolidated its SRVA framework and rationalized the rules concerning INR cross-border settlement, effective immediately.