AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Reserve Bank of India will conduct an auction for two dated securities, with a total notified amount of ₹32,000 crore, scheduled for September 4, 2026.
The RBI has imposed a monetary penalty of ₹20,000 on The Mumbai District Central Co-operative Bank for failure to comply with KYC guidelines, reinforcing the importance of regulatory compliance in banking.
The RBI announced the results of the 7-day Variable Rate Reverse Repo auction held on September 1, 2026, accepting proposals totaling ₹1,14,320 crore at a cut-off rate of 5.24%.
This week's review captures significant IP developments from August 17 to August 23, shedding light on various legal matters and updates.
This week's IP events roundup highlights key developments, opportunities, and recommendations within the intellectual property sector.
The Indian IP community mourns the loss of Mr. P. H. Kurian, a notable figure in the field, who passed away after a battle with cancer. His contributions will be remembered fondly.
The ITAT Jodhpur allowed 80G approval to Bhagavad Gita teachings, confirming religious expenditure remains below the 5% statutory limit.
In a strategic move, the RBI has shortened the temporary interest rate relaxation period for FCNR(B) and NRE deposits to August 31, 2026, impacting rural cooperative banks.
The SAFEMA Appellate Tribunal dismissed 18 revenue appeals, ruling that share transactions, where owners knew about allotments, cannot be categorized as benami transactions. This decision clarifies the distinction between tax evasion and benami transactions.
The Student Bar Council at NALSAR clarified that the NLSIU administration did not request students to publicly invite the CJI for their convocation. The statement follows controversy over the cancellation of NLSIU's event.
The Calcutta High Court has ordered a bank to withhold Rs. 75.40 lakhs of demand due to CGST until the petitioner secures the amount.
The upcoming 57th GST Council meeting will address registration simplifications, marking its first convening in a year.
The ITAT has authorized a medical deduction of Rs. 50,000 for expenses incurred on the treatment of a senior citizen suffering from Parkinson's disease, highlighting the importance of supported medical claims.