AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Directorate General of Foreign Trade (DGFT) has appointed three officers to strengthen its operational effectiveness. This move follows a directive from the Commerce Ministry and is aimed at enhancing the execution of policies and administrative functions.
The Rajasthan High Court has restored a taxpayer's GST appeal, which was delayed due to their daughter’s marriage and late knowledge of the demand. The Court's ruling stressed on the importance of on-merits hearings and fairness towards taxpayers.
In response to a recent order from the Ministry of Commerce, the Directorate General of Foreign Trade (DGFT) has appointed three new officers to bolster its operational capacity for administrative and policy implementation.
SEBI has clarified that privately negotiated sales of unlisted shares to identified non-Qualified Institutional Buyers (non-QIBs) are permitted under the Companies Act, provided they adhere to the 200-person limit.
The Reserve Bank of India has released results from a buyback auction of government dated securities, indicating market engagement levels and investment trends.
The Reserve Bank of India has released reserve money data for the fortnight ending July 31, 2026. This data is crucial for assessing the overall liquidity in the banking system.
The Reserve Bank of India has imposed a monetary penalty of ₹40,000 on Kedarnath Urban Co-operative Bank for non-compliance with KYC norms. This highlights the regulatory focus on adherence to customer identification protocols.
The Reserve Bank of India has announced the redemption price for the Sovereign Gold Bonds (SGB) 2020-21 Series-XI, allowing for premature redemption from August 07, 2026. This decision follows the protocol of the Sovereign Gold Bond Scheme.
The Reserve Bank of India conducted an underwriting auction on August 07, 2026, establishing cut-off rates for underwriting commission for Primary Dealers. This auction pertains to the Additional Competitive Underwriting (ACU) of government securities.
SEBI has extended the enrolment deadline for its Portfolio Registered Risk and Value Advisors (PaRRVA) scheme to September 3, 2026. This extension is aimed at facilitating a smoother implementation process.
The Reserve Bank of India has released the results of various forward-looking surveys, including the Urban Consumer Confidence Survey and the Inflation Expectations Survey for July 2026.
The Reserve Bank of India released data on External Commercial Borrowings and related instruments for June 2026. This includes information on ECBs, FCCBs, and RDBs.
The Delhi High Court upheld a Rs. 19.25 lakh tax addition, stating that a civil suit filed to cancel the sale deed was an afterthought, occurring only after a tax notice. This illustrates the court's stance on timely tax disclosures.