AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Karnataka High Court has disposed of a writ petition seeking recovery under RERA against a company under insolvency, granting liberty to revive the petition based on NCLT outcomes.
NCLAT has upheld the extension of liquidation proceedings, confirming that the trustee may continue their responsibilities beyond the age limit provided by Regulation 7A. The appeals against this extension were dismissed.
The RBI has issued the Second Amendment Directions for Non-Banking Financial Companies regarding the presentation and disclosure of financial statements, enhancing regulatory compliance requirements.
The RBI has announced the Third Amendment Directions regarding Responsible Business Conduct for Commercial Banks, aiming to enhance ethical standards in the banking industry.
The RBI has circulated the Third Amendment Directions regarding Responsible Business Conduct for Small Finance Banks, emphasizing the importance of ethical practices within the banking sector.
The RBI has issued the Second Amendment Directions concerning Responsible Business Conduct for Payments Banks, reiterating the need for ethical operational standards.
The RBI has introduced the Third Amendment Directions focused on Responsible Business Conduct for Local Area Banks, highlighting regulatory expectations for ethical practices in banking.
The RBI has announced Third Amendment Directions for Regional Rural Banks relating to Responsible Business Conduct, reinforcing the need for ethical banking practices.
The RBI has issued the Third Amendment Directions regarding Responsible Business Conduct for urban co-operative banks, emphasizing the importance of ethical conduct in financial operations.
The RBI has released the Third Amendment Directions concerning Responsible Business Conduct for rural, urban, regional rural, and local area banks, highlighting the need for ethical business practices in the banking sector.
SEBI proposes a comprehensive overhaul of its Master Circulars to enhance compliance efficiency for exchanges and clearing corporations.
SEBI has proposed a Common Advertisement Code aimed at replacing the multitude of entity-specific codes. This framework intends to streamline compliance and bolster investor protection.
A Bengaluru court issued a non-bailable warrant against actor Prakash Raj for allegedly concealing voter registration across multiple states. The actor faces significant legal scrutiny as the case unfolds.