AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The NCLAT has affirmed that a Resolution Professional can recover corporate debtor’s assets from unauthorized occupants without resorting to a civil suit. This ruling enhances the efficacy of the insolvency resolution process.
The RBI has introduced a US Dollar-Rupee swap facility for FCNR (B) deposits mobilised for a period of three to five years, enhancing foreign currency management.
The RBI has introduced a US Dollar-Rupee swap facility for External Commercial Borrowings to enhance liquidity for businesses seeking foreign capital.
The Reserve Bank has amended its directions regarding the Cash Reserve Ratio and Statutory Liquidity Ratio for Commercial Banks, introducing a US Dollar-Rupee swap facility for enhancing liquidity management.
The RBI has amended Cash Reserve Ratio and Statutory Liquidity Ratio directives for Small Finance Banks, incorporating a US Dollar-Rupee swap facility for FCNR (B) funds to enhance liquidity.
The Reserve Bank has issued amendments for Urban Co-operative Banks’ Cash Reserve Ratio and Statutory Liquidity Ratio, including a US Dollar-Rupee swap facility for FCNR (B) deposits. This aims to support liquidity management in the sector.
The Reserve Bank has amended the Cash Reserve Ratio and Statutory Liquidity Ratio for Rural Co-operative Banks, introducing a US Dollar-Rupee swap facility for FCNR deposits. This aims to enhance the banks' liquidity management capabilities.
The Reserve Bank of India has amended directions pertaining to Cash Reserve Ratio and Statutory Liquidity Ratio for Regional Rural Banks, introducing a US Dollar-Rupee swap facility for Foreign Currency Non-Resident deposits. This amendment aims to enhance liquidity management for the banks involved.
Dentons Link Legal has facilitated Ace Aviation in acquiring Jet Airways' Boeing 777-300ER aircraft for ₹568 crore. This acquisition marks a significant transaction for the aviation sector.
After a significant case questioning the legality of evidence obtained through unlawful raids, experts urge a reevaluation of Indian evidence law. The implications could reshape legal standards and practices for future cases.
Justice GS Patel, a retired Bombay High Court judge, faces threats due to his controversial verdict related to the Dawoodi Bohra community. His daughter was recently attacked, highlighting serious concerns over judicial safety.
NSE clarifies that regulatory exemptions under Section 31 of the IBC do not apply to plans approved under Section 54L of the PPIRP framework. Compliance with SEBI norms remains mandatory.
SEBI issues a new Master Circular consolidating all Alternative Investment Fund (AIF) regulations into a single framework. This change aims to streamline compliance processes for investment managers.