AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
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.
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.
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.
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.
The RBI will hold a Variable Rate Reverse Repo (VRRR) auction on August 17, 2026, totaling ₹2,00,000 crore to manage liquidity.
ROC Delhi has levied a ₹6.65 lakh penalty on a company for delays in appointing Independent Directors from 2016 to 2025, emphasizing compliance with the Companies Act provisions.
ROC Pune has imposed a penalty of ₹1.34 lakh for a delayed filing of Form INC-20A, reaffirming the need for timely compliance with corporate filings.
ROC Mumbai has imposed a penalty of ₹5,000 on a director for inaccurately reporting nil debentures while significant outstanding CCDs existed in MGT-7A filings.
ROC Kolkata has imposed a ₹20,000 penalty on directors for inaccuracies regarding the AGM date in the AOC-4 submission, reinforcing the need for precise information in corporate filings.
The Registrar of Companies (ROC) Kolkata has imposed a penalty of ₹20,000 on a company for filing incorrect MGT-7 forms. Marking the forms as defective does not absolve the parties from violations under Rule 8(3).
The government clarified that the Companies Compliance Framework Scheme 2026 (CCFS-2026) does not permit the strike-off of companies under Section 248. The scheme has been extended until August 31, 2026.
IndusInd Bank has incurred a penalty of ₹59.20 lakh from the RBI due to violations related to interest rates on deposits and securitisation practices.
The RBI has fined Northern Arc Capital Limited ₹6.20 lakh for not complying with disclosure requirements in financial statements.