ROC Strike-Off Doesn't Bar Developer’s ₹117 Crore Compensation Claim
The Karnataka High Court allows a developer to pursue a ₹117 crore compensation claim despite the company being struck off by the Registrar of Companies.
AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Karnataka High Court allows a developer to pursue a ₹117 crore compensation claim despite the company being struck off by the Registrar of Companies.
The Reserve Bank of India has issued directives to Padmashri Dr. Vithalrao Vikhe Patil Co-operative Bank Ltd., mandating specific measures to address regulatory compliance.
The Reserve Bank of India has published details regarding money market operations as of July 19, 2026. This includes significant liquidity trends and their implications for the financial market.

The Bar Council of India has introduced new regulations governing social media use by advocates, aiming to curb misleading legal content. Advocates and law students must disclose their status and the use of AI tools when sharing legal content.
The Himachal Pradesh High Court dismissed appeals regarding pre-1988 benami purchases, enforcing Section 4 of the Benami Act, which bars such suits. This ruling clarifies the legislative intent of restricting claims on pre-1988 transactions due to the enactment of the Benami Act.
The Bombay High Court's recent decision marks a departure from strict procedural timelines under the Trade Marks Rules, 2017. The ruling prioritizes substantive justice, posing questions about legislative intent and trademark prosecution's future.
The Himachal Pradesh High Court ruled against establishing jurisdiction in patent cases based on isolated purchases. This decision provides clarity on forum shopping and reinforces the legitimacy of territorial jurisdiction in patent law matters.

The NCLT has admitted an insolvency plea by Indian Overseas Bank against a toll road company, citing strict adherence to repayment obligations.

The Orissa High Court ruled that a corporate debtor cannot be prosecuted for environmental violations committed prior to the initiation of Corporate Insolvency Resolution Process (CIRP) if a resolution plan has been approved and management has transferred to a new entity.
The NCLT Mumbai has granted a waiver under Section 244(1)(b) in an oppression and mismanagement petition, allowing it to proceed for further hearing. This highlights the procedural flexibility in managing shareholder disputes.
The Kerala High Court has ruled that amendments to stamp duty regulations following amalgamation and demerger cannot apply retroactively. The court quashed demands for stamp duty under new regulations for transactions preceding these changes.

The Directorate General of Foreign Trade (DGFT) has launched the 'Niryat Disha' Mission, aimed at enhancing the global branding of Indian exports. The initiative includes a Trust Mark certification and significant financial support for campaigns.
The amended SEBI Buyback Regulations restore the stock exchange route and revise shareholder notification requirements, also making Merchant Banker appointment optional.