AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
FeaturedRBI issues multiple amendment directions in 2026 to standardise classification, valuation, and portfolio management for all categories of financial institutions.
FeaturedSEBI Board has cleared wide-ranging reforms for Portfolio Managers, REITs, InvITs, FPIs, AIFs, and settlement mechanisms to boost market depth and investor protection.
FeaturedSAT Mumbai ruled that an approved resolution plan under IBC bars SEBI from imposing penalties on a corporate debtor, though penalties on defaulting directors may still apply.
FeaturedRBI has finalised the regulatory framework for novation of over-the-counter (OTC) derivative contracts following public consultation on the 2025 draft directions.
FeaturedSAT holds approved resolution plan under IBC immunizes corporate debtor from SEBI penalties, though directors' violations may still attract sanctions.
FeaturedThe SEBI Board has approved comprehensive reforms enhancing investor protection and market efficiency across PMS, REITs, InvITs, and AIFs. Key measures include simplified nomination norms, updated settlement mechanisms, and expanded reporting requirements.
FeaturedNCLAT dismissed a personal guarantor’s appeal, holding that an arbitral award enforcing joint liability does not convert a guarantor into a co-borrower under IBC.
FeaturedCyril Amarchand Mangaldas, S&R Associates, and Hogan Lovells advised on Hero Motors' ₹1,000 crore IPO, comprising fresh issue and offer for sale by promoters.
FeaturedRBI finalises framework for novation of over-the-counter derivative contracts following stakeholder feedback.
FeaturedThe NCLAT has directed the NCLT to consider a third-party intervention alleging collusion between financial creditor and corporate debtor before finalising insolvency order. Decision underscores procedural fairness in IBC process.
FeaturedThe Kerala High Court is set to conduct the final hearing in the long-standing Ribociclib patent litigation today. The outcome could have significant implications for the pharmaceutical industry, particularly regarding access to cancer treatments.
FeaturedThe Supreme Court of India has affirmed the Reserve Bank of India's authority to extend the supersession of a multi-State cooperative bank's Board beyond six months. This ruling supports the RBI's regulatory powers under Section 36AAA of the Banking Regulation Act, enhancing its oversight of cooperative banking institutions.
FeaturedThe NCLAT has denied the admission of a ₹1,885.08 crore claim from SREI due to conflicts with previously adjudicated debts, and has ordered a fresh Corporate Insolvency Resolution Process.