banking
Result of Conversion/Switch Auction of Government Securities
The RBI has released the results of a Conversion/Switch auction, detailing the offers and amounts accepted for various government securities.
Aug 18, 2026Read more →
Legal News & Insights
AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
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Delhi High Courtintellectual_propertycorporate
IP Developments Roundup: Saregama v. Ilaiyaraaja and More
This week’s review highlights several key developments in IP law, including the Delhi High Court's ruling in *Saregama v. Ilaiyaraaja* and new guidelines under Section 3(m). Legal professionals can glean critical insights for ongoing and future cases.
Aug 18, 2026Read more →
Bombay High Courtcivil
Bombay High Court Circuit Bench in Kolhapur Expands
The Maharashtra Government has allocated 75 acres of land and approved 495 permanent staff positions for the Kolhapur circuit bench of the Bombay High Court. This development aims to enhance judicial capacity in the region.
Aug 17, 2026Read more →
Gujarat HCtax
Gujarat HC Quashes Form 10 Delay Condonation Rejection
The Gujarat High Court has ruled to allow a delay in Form 10 filing for AY 2016-17, highlighting that the first-time e-filing oversight warrants condonation. This decision emphasizes the court's approach towards leniency for procedural errors in tax compliance.
Aug 17, 2026Read more →
Pune ITATtax
Pune ITAT Reduces Cash Deposit Taxation by ₹5 Lakh
The Pune ITAT has granted a reduction of ₹5 lakh from the ₹13.76 lakh addition due to cash deposits under Section 69A, rejecting the taxpayer's peak-credit theory for lack of evidence. This decision emphasizes the necessity of substantiation in tax claims.
Aug 17, 2026Read more →
Kerala High Courttax
Kerala HC Rules Delay in Filing Rectification Application Not Grounds to Deny ITC
The Kerala High Court has ruled that delays in filing a rectification application do not provide sufficient grounds to deny a taxpayer's entitlement to Input Tax Credit (ITC), affirming taxpayer rights under the GST regime.
Aug 17, 2026Read more →
NCLTcorporatebanking
NCLT Replaces Deceased Liquidator, Approves New Appointment to Ensure Liquidation Continuity
The NCLT has appointed a new liquidator following the death of the predecessor, ensuring that the liquidation proceedings continue without disruption. This decision follows a unanimous resolution by the lenders.
Aug 17, 2026Read more →
Central Governmenttax
Centre Revises Excise Levies on Fuel Exports Effective August 15
The Central Government has revised central excise duties on petrol, diesel, and ATF exports, effective August 15, reducing the Special Additional Excise Duty on ATF exports. These changes can impact exporters significantly.
Aug 17, 2026Read more →
Reserve Bank of Indiabanking
RBI Conducts Auction of Government of India Treasury Bills
The Reserve Bank of India has announced an auction for 91-Day, 182-Day, and 364-Day Treasury Bills totaling ₹24,000 crore on August 19, 2026.
Aug 17, 2026Read more →
Reserve Bank of Indiainvestmentfinancial
Premature Redemption of Sovereign Gold Bond Scheme Announced for August 17, 2026
The RBI has announced the redemption price for premature redemption under the Sovereign Gold Bond (SGB) Scheme for the 2021-22 Series V, effective August 17, 2026, following regulatory guidelines.
Aug 17, 2026Read more →
Reserve Bank of Indiabanking
RBI to Conduct Overnight Variable Rate Reverse Repo Auction on August 17, 2026
The Reserve Bank of India (RBI) has announced the conduct of a Variable Rate Reverse Repo (VRRR) auction due to evolving liquidity conditions. This auction will take place on August 17, 2026, with a notified amount of ₹1,00,000 crore for a one-day tenor.
Aug 17, 2026Read more →
Delhi High Courttax
Delhi HC Rejects Impleadment of Complainant in Reassessment Challenge
The Delhi High Court has rejected the revival and impleadment applications regarding a reassessment challenge. The court allowed writ amendments while maintaining the status quo on recovery and penalty proceedings.
Aug 16, 2026Read more →
Reserve Bank of Indiabankingcorporate
RBI to Conduct 7-Day Variable Rate Reverse Repo Auction
The RBI will hold a Variable Rate Reverse Repo (VRRR) auction on August 17, 2026, totaling ₹2,00,000 crore to manage liquidity.
Aug 16, 2026Read more →