FeaturedCalcutta HC Denies Bail in ₹76 Crore Money Laundering Case
The Calcutta High Court denied bail to an accused in a money laundering case involving ₹76 crore, instructing urgent actions by the Directorate of Enforcement.
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FeaturedThe Calcutta High Court denied bail to an accused in a money laundering case involving ₹76 crore, instructing urgent actions by the Directorate of Enforcement.
FeaturedThe Calcutta High Court cancelled a broker's bail linked to ₹214 crore in unrecorded cash, stating that 'freelance' status does not shield individuals from money laundering laws.
FeaturedThe Calcutta High Court denied bail to an accused involved in siphoning ₹76 crore, emphasizing the need for urgent action by authorities under the Prevention of Money Laundering Act (PMLA).
The Delhi High Court ruled against an interim injunction sought against OpenAI concerning ChatGPT, affirming that the AI's training on copyrighted works does not infringe copyright protections prima facie. This decision highlights the evolving intersection of technology and copyright law.
The draft FEMA Foreign Investment Rules, 2026 propose a comprehensive framework for foreign direct investment (FDI) along with an overseas listing scheme. These changes aim to simplify regulatory requirements and enhance investment opportunities.
FeaturedIn a recent judgment, the Delhi High Court quashed an Income Tax Order after finding it relied on non-existent case citations, highlighting the robust requirement for credible legal references in tax adjudication.
FeaturedThe Andhra Pradesh High Court ruled that secured creditor's claims take precedence over GST department recoveries, setting a significant precedent.
The Supreme Court affirmed the constitutional validity of Sections 95-100 of the IBC, addressing the insolvency of personal guarantors. The Court rejected a challenge based on Article 14, reinforcing the legal framework for personal guarantees in insolvency proceedings.
The Delhi High Court has denied an interim injunction against OpenAI’s ChatGPT, affirming its prima facie protection under the Indian Copyright Act. This judicial decision reinforces the copyright status of AI-generated content, signaling a significant development in intellectual property law.
The GST Appellate Tribunal has upheld the anti-profiteering report's findings and directed Emaar to provide a significant ITC benefit of ₹67.32 lakh to homebuyers, with interest, while declining to impose a penalty.
The proposed Draft FEMA Foreign Investment Rules, 2026 aims to establish a new framework for foreign direct investment (FDI) and introduce an overseas listing scheme. The public is invited to comment by August 31, 2026.
The RBI's reclassification of Non-Banking Financial Companies (NBFCs) sets forth new criteria and definitions regarding public funds and deregistration. This change reflects ongoing reforms within India's financial landscape.
The Delhi High Court has ruled against an interim injunction to halt OpenAI's training of ChatGPT on copyrighted materials, deeming such use prima facie protected under the Indian Copyright Act. This decision sets a significant precedent in the area of AI and copyright law.