
Calcutta HC Stays NCLT-Ordered Administrator Meeting, Grants Time Till July 13 to Approach NCLAT
The Calcutta High Court has stayed an NCLT-ordered administrator meeting, allowing petitioners additional time to seek appellate redress.
AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.

The Calcutta High Court has stayed an NCLT-ordered administrator meeting, allowing petitioners additional time to seek appellate redress.
The CBDT has authorized the DGIT (Systems) to manage the timely upload of foreign account information, streamlining compliance for taxpayers.

Justice Yogesh Khanna has been appointed as the officiating chairperson of the NCLAT, a move aimed at ensuring the smooth operation of the tribunal.
The Reserve Bank of India is undertaking a comprehensive review of circulars issued under the Foreign Exchange Management Act, 1999, to streamline regulations.
The CESTAT Delhi concluded that Section 28(4) limitation was not applicable to customs classification disputes where the relevant facts were disclosed, leading to the annulment of the duty and penalties.
The CESTAT Delhi upheld the classification of EPS-ECU as an automobile part under CTH 8708 94 00, dismissing multiple appeals based on prior rulings.
The CESTAT in Chennai set aside a customs duty demand under Notification No. 104/94-Cus, remanding the issue for a thorough container-wise verification.
The RBI has launched the July 2026 round of the Rural Consumer Confidence Survey, targeting households in rural areas for economic sentiment insights.
The RBI has initiated the July 2026 round of the Urban Consumer Confidence Survey to assess household sentiments on the economy.
The RBI released key data on Reserve Money and Money Supply for the fortnight ending June 30, 2026, providing insights into financial health.
The RBI has released a detailed report on money market operations as of July 09, 2026, offering insights into current market liquidity and rates.
The RBI held an underwriting auction for government securities on July 10, 2026, setting the cut-off rate for underwriting commissions. Details of the auction highlight the competitive nature of primary dealer participation.
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