AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The RBI has issued a series of amendment directions in 2026 to refine the classification, valuation, and operation of investment portfolios across commercial, small finance, payments, local area, and all India financial institutions.
Exim Bank has inked a ₹4,850 crore Line of Credit (LOC) agreement with the Maldives government, backed by the Government of India, for key development projects, marking a strategic foreign economic initiative.
The RBI has issued amendments to the Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026, streamlining compliance for forex transactions and updating procedural requirements under FEMA, 1999.
The Karnataka High Court quashed an FIR against YouTuber 'Drone Prathap' for a sodium-based pond explosion experiment, ruling it was educational and part of NCERT curriculum. The judgment emphasizes scientific inquiry in public interest.
The Punjab and Haryana High Court agreed to hear a PIL seeking a CBI investigation into recent violence at Lovely Professional University. The petition raises concerns over impartiality and efficacy of the current inquiry.
Export-Import Bank of India (Exim Bank) has formalized a ₹4,850 crore Line of Credit (LOC) to the Government of Maldives, supported by the Government of India, to finance developmental infrastructure projects.
Bombay HC rules Section 18 bifurcation can’t be misused by minority to block majority-approved redevelopment.
Andhra Pradesh HC rules bank can’t freeze widow’s pension or gratuity for deceased husband’s loan liability.
Calcutta HC refuses writ jurisdiction over a contractual payment dispute where an arbitration clause exists and facts are disputed.
Madras HC rules that a SARFAESI property dispute under DRT cannot stall a college’s provisional affiliation process.
On September 28, 2026, the RBI conducted an OMO sale auction of government securities totaling ₹25,000 crore. The auction attracted ₹67,655 crore in bids, with acceptance at the notified amount.
The Reserve Bank of India conducted two Variable Rate Reverse Repo (VRRR) auctions on September 29, 2026, amounting to ₹3 lakh crore, to manage liquidity. The cut-off and weighted average rate for both auctions was 5.24%.
The Delhi High Court held that a formal declaration under Rule 124 of the Trademark Rules is not mandatory to invoke Section 11(2) of the Trademarks Act for asserting well-known mark status. The ruling permits reliance on evidence adduced in individual proceedings to establish well-known status.