AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
Raymond George Dias, an alumnus of NUALS, has been selected for the 2026 FLC Artists Academy at the New York Film Festival, making him the sole representative from India for this prestigious event aimed at emerging filmmakers.
The Reserve Bank of India has imposed a penalty of ₹6.20 lakh on Hinduja Leyland Finance Limited for non-compliance with directives on microfinance loans pricing. This action underscores the RBI’s strict regulatory oversight.
The Jan Vishwas Amendment to the Delivery of Books Act, 1956 modifies penalty provisions but may not achieve its intended goals. The changes are significant yet fall short in addressing key issues related to legal deposit and book delivery.
The SEBI has dismissed allegations of fraud against Axis Bank, citing a lack of substantial evidence for claims of disclosure violations and market manipulation.
The Reserve Bank of India has issued updates to interest rate directions for rural, urban, regional rural, local area, and small finance banks, reinforcing temporary changes applied to interest rates on deposits amidst evolving financial conditions.
The Reserve Bank of India has issued a second amendment to the directions governing the investment portfolio of urban co-operative banks, focusing on the classification, valuation, and operation of investments in non-SLR securities.
The Reserve Bank of India has issued a new circular detailing requirements for Authorized Dealer Category-I banks regarding the maintenance of Rupee accounts for non-resident banks. This aims to ensure an updated list of offices managing these accounts.
Justice KV Viswanathan of the Supreme Court cautioned about the perils of AI translation in legal contexts, citing a misinterpretation of 'leave granted' in a ruling. He highlighted the need for careful use of technology in legal proceedings.
A Mumbai civil court has issued an interim order preventing the publication of any defamatory material against actress Sayani Gupta regarding her film Aasmani, following a ₹9 crore defamation suit she filed.
Ex-Supreme Court Justice Rajesh Bindal stated that courts should rely solely on evidence presented during trials, rejecting influences from social media or public narratives. He advocated for a gender-neutral approach in the justice system.
The Maharashtra government has mandated ILS Law College to refund ₹1,04,863 to a former student due to the collection of excess fees without university approval. This order follows multiple inquiries into the fee structure at the college.
The Goods and Services Tax Appellate Tribunal (GSTAT) held that the 'Reasons, If Any' field in Column 8 of Form DRC-03 is not mandatory for a valid Input Tax Credit (ITC) reversal, allowing taxpayers to pursue claims without this requirement.
The RBI has introduced the Third Amendment Directions regarding interest rates on deposits for rural co-operative banks, allowing changes to the previous ceilings on deposit interest rates. This is part of a broader regulatory reform to enhance banking operations.