Extension of Directions to The Industrial Co-operative Bank Ltd.
RBI extends the period of directions issued to The Industrial Co-operative Bank Ltd. until January 2026.
AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
RBI extends the period of directions issued to The Industrial Co-operative Bank Ltd. until January 2026.
RBI imposes a penalty of ₹63.60 lakh on Bank of Baroda for non-compliance with Fair Practices Code and KYC norms.
The RBI has established the redemption price for premature redemption of SGB 2020-21 Series-IX on July 04, 2026.
RBI announces a Variable Rate Repo auction for ₹75,000 Crore on July 06, aimed at managing liquidity.
This article compares India’s legal deposit system in relation to contemporary copyright practices, highlighting significant insights about access to information under the One Nation One Subscription scheme.
The second part of the exploration into legal deposits reveals the significant historical context of library deposits under copyright law in India. This analysis emphasizes the role of the Delivery of Books Act 1954 in promoting public libraries.
The Madras High Court has remitted GST assessments conditional on the payment of outstanding disputed taxes before a fresh adjudication.
The Orissa High Court established that GST refunds cannot be indefinitely withheld based on the mere possibility of a future appeal where no existing proceedings are underway at the time.
The Madras High Court has granted a delayed GST appeal, noting that uploading an order on a common portal does not diminish a business's opportunity to appeal.
The Calcutta High Court restored a delayed GST appeal, stating that limitation grounds should not override sufficient cause claims.
The Madras High Court approved the extended limitation for GST orders concerning fictitious input tax credit claims, emphasizing procedural compliance by tax authorities.
The Madras High Court has remanded GST assessment orders related to SEZ reverse charge mechanism claims for fresh examination due to a lack of verification of critical documents.
High Courts have mandated that proper notice, reasons, and objective criteria are essential prior to canceling GST registrations retrospectively as per Section 29(2).