AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The ROC Cuttack has imposed penalties due to a four-year delay in filing Form CSR-2 for FY 2020-21, totaling ₹2 lakh on the company and ₹50,000 each on two officers.
The Registrar of Companies (ROC) Kolkata has imposed penalties for incorrect MGT-7 filings on a company and its certifying director, totaling ₹10,000.
The NCLT ruled that employees of Jet Lite cannot be recognized as workmen of Jet Airways during liquidation due to their payroll status.
The ROC Kolkata has issued penalties against a company and its director for incorrect filing of AOC-4, reflecting stricter regulatory oversight in corporate disclosures.
The Registrar of Companies in Kolkata has imposed penalties on a company and its certifying director for incorrect MGT-7 filings, reinforcing compliance under Rule 8(3) and Section 450.
Customs duty concessions for specified UK imports effective from 15 July 2026, as per Notification No. 29/2026-Customs, subject to TRQ and origin criteria.
The CBIC has revised tariff values for edible oils, gold, silver, and brass scrap effective from 16 July 2026, while maintaining the areca nut tariff value.
The CCPA has instructed Chaayos to refund a restaurant service charge and imposed a penalty of ₹50,000 for infringing upon consumer protection guidelines, reflecting the authority's vigilance in consumer rights enforcement.
The Supreme Court dismissed a miscellaneous application challenging its own signed order, declaring it not maintainable and imposing a cost. This ruling affirms the finality of judgments and the procedural integrity of the court's orders.
The Allahabad High Court upheld the rejection of a plaint under Order VII Rule 11 for deficiencies in adverse possession claims and inadequate declarations. This ruling stresses the importance of precise pleadings in civil litigation.
The Madras High Court declined to quash an FIR, asserting that the withdrawal of fraud classification does not negate the need for investigation into the allegations. This ruling reinforces the judiciary's stance on the gravity of FIRs.
The RBI has published the Financial Inclusion Index for March 2026, showing a growth in financial inclusion across all metrics, with the index value at 70.0 compared to 67.0 in March 2025.
The RBI's underwriting auction on July 17, 2026, set the cut-off rates for underwriting commissions for primary dealers. The auction was part of the Government's strategy for managing securities.