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AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.

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RBI Updates Directions for Regional Rural Banks' Investment Portfolio
Reserve Bank of Indiabankingcorporate

RBI Updates Directions for Regional Rural Banks' Investment Portfolio

The RBI has amended the directions concerning the classification, valuation, and operation of investment portfolios for Regional Rural Banks, reflecting a response to operational contingencies.

May 21, 2026Read more →
Karnataka HC Allows Use of Ashwagandha Leaf in Health Supplements
Karnataka High Courtcorporateconsumer

Karnataka HC Allows Use of Ashwagandha Leaf in Health Supplements

The Karnataka High Court has permitted eight companies to use Ashwagandha leaf in health supplements, despite a ban by the FSSAI, after they challenged the directive. This ruling may reshape health supplement formulations in India.

May 20, 2026Read more →
Senior Advocates Appointed as West Bengal Law Officers
Calcutta High Courtcivilcorporate

Senior Advocates Appointed as West Bengal Law Officers

The West Bengal government has appointed Senior Advocates Rajdeep Mazumder, Nilanjan Bhattacharyya, and Dibyendra Narayan Ray to key law positions amid political changes. This move highlights the evolving legal landscape in the state following a change in governance.

May 20, 2026Read more →
Monthly Trade in Services Data Released by RBI
Reserve Bank of Indiacorporatetrade

Monthly Trade in Services Data Released by RBI

The RBI has published trade data for services in March 2026, showing significant trends in exports and imports.

May 20, 2026Read more →
CBIC Ends Mandatory Physical Boarding for Vessel Entry & Sail-Out Clearance
CBICtaxcorporate

CBIC Ends Mandatory Physical Boarding for Vessel Entry & Sail-Out Clearance

The CBIC has clarified that the physical boarding of customs officers cannot delay vessel entry and sail-out clearance, streamlining port operations. This initiative aims to facilitate faster cargo operations through increased digital processes.

May 20, 2026Read more →
ICAI Plans New CA Syllabus With Focus on AI, ESG, Sustainability & Data Analytics
N/Acorporate

ICAI Plans New CA Syllabus With Focus on AI, ESG, Sustainability & Data Analytics

The Institute of Chartered Accountants of India (ICAI) is developing a new syllabus for Chartered Accountants that emphasizes artificial intelligence (AI), environmental, social, and governance (ESG) factors, sustainability, and data analytics, reflecting a shift towards a technology-driven accounting profession.

May 20, 2026Read more →
CoC Rejection of Sole Resolution Plan Leads to Liquidation: NCLT
National Company Law Tribunalcorporateinsolvency

CoC Rejection of Sole Resolution Plan Leads to Liquidation: NCLT

The NCLT ordered the liquidation of a corporate debtor after the Committee of Creditors rejected the only resolution plan submitted during the CIRP.

May 20, 2026Read more →
112 New Supreme Court AoRs Approved to Vote in SCAORA Elections
Supreme Court of Indiacorporatelabour

112 New Supreme Court AoRs Approved to Vote in SCAORA Elections

The Supreme Court approved 112 new Advocates-on-Record to participate in the upcoming SCAORA elections, ensuring the involvement of recent qualifiers.

May 19, 2026Read more →
India Enforces Import Restrictions on High-Purity Silver Bars
N/Acorporate

India Enforces Import Restrictions on High-Purity Silver Bars

The Indian government has revised its Import Trade Policy by restricting imports of high-purity silver bars to enhance control over trade flows and promote transparency in the market.

May 19, 2026Read more →
DGFT Announces New Gold Import Regulations Under Advance Authorisation Scheme
N/Acorporate

DGFT Announces New Gold Import Regulations Under Advance Authorisation Scheme

The Directorate General of Foreign Trade (DGFT) has implemented new regulations for gold imports under the Advance Authorisation Scheme, capping imports at 100 kg and introducing mandatory compliance reporting.

May 19, 2026Read more →
Liquidation Ordered After CoC Rejects Sole Resolution Plan
NCLTcorporateinsolvency

Liquidation Ordered After CoC Rejects Sole Resolution Plan

The NCLT has ordered the liquidation of a corporate debtor after the Committee of Creditors rejected the only resolution plan submitted during the Corporate Insolvency Resolution Process (CIRP).

May 19, 2026Read more →
NCLT Validates Assignment of Assets for Corporate Dissolution
NCLTcorporateinsolvency

NCLT Validates Assignment of Assets for Corporate Dissolution

The NCLT Principal Bench has permitted dissolution of a corporate entity after the assignment of avoidance proceedings along with residual assets during the liquidation process. This ruling clarifies the conditions under which dissolution can be executed when no further assets are available for distribution.

May 19, 2026Read more →
Final Redemption Under Sovereign Gold Bond Scheme Announced
Reserve Bank of Indiabankingcorporate

Final Redemption Under Sovereign Gold Bond Scheme Announced

The RBI has confirmed the final redemption date and price for the Sovereign Gold Bond 2018-19 Series-I due on May 4, 2026, as per government notification.

May 17, 2026Read more →
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