AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The CCPA has commenced action against 41 restaurants for charging default service fees without proper disclosure, citing violations of the Consumer Protection Act, 2019.
The NCLT Delhi has admitted a Section 7 application under the Insolvency and Bankruptcy Code against a toll road company for defaulting on ₹117.74 crore, initiating a Corporate Insolvency Resolution Process (CIRP).
The Madras High Court has instructed FSSAI to test herbal hookah products, allowing operations subject to compliance with regulations concerning tobacco and nicotine content.
The Debt Recovery Appellate Tribunal (DRAT) Delhi upheld the legality of SARFAESI actions, ruling that a matrimonial dispute cannot prevent such recoveries related to mortgaged properties.
The RBI announced the redemption price for premature redemption of the Sovereign Gold Bond 2018-19 Series-V effective from July 22, 2026, in accordance with regulatory guidelines.
The ITAT ruled that a registered valuer’s report is sufficient to validate capital gains deduction claims under Section 54F of the Income Tax Act. This decision underscores the importance of substantiation in tax claims.
CESTAT Kolkata has set aside a differential customs duty demand, ruling that the self-assessment by the importer remained unchallenged due to lack of evidentiary support. The ruling strengthens the position of importers in maintaining their self-assessment rights.
The CESTAT Mumbai has set aside a revocation of a customs broker's license, finding insufficient evidence for alleged CBLR violations. This ruling emphasizes the necessity for concrete proof in regulatory actions against licensed brokers.
The RBI has levied a penalty of ₹13.30 lakh on Kolhapur District Central Co-operative Bank for non-compliance with banking regulations.
The Reserve Bank of India has imposed a monetary penalty of ₹3 lakh on United Puri-Nimapara Central Co-operative Bank for KYC non-compliance.
The RBI has announced the auction of two dated government securities totaling ₹28,000 crore, aimed at managing the country’s debt effectively.
The Reserve Bank of India will conduct a Variable Rate Repo auction aimed at managing liquidity, with a total notified amount of ₹75,000 crore for a 3-day tenor on July 21, 2026.
The recent removal of 'Satluj' from ZEE5 raises important questions about censorship, legality of takedown actions, and implications for copyright law.