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AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.

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Bank Can’t Seize Widow’s Pension for Husband’s Loan: AP HC
Andhra Pradesh High Courtbankinglabour

Bank Can’t Seize Widow’s Pension for Husband’s Loan: AP HC

Andhra Pradesh HC rules bank can’t freeze widow’s pension or gratuity for deceased husband’s loan liability.

Sep 29, 2026Read more →
Payment Dispute with Arbitration Clause Barred in Writ: Calcutta HC
Calcutta High Courtarbitrationcorporate

Payment Dispute with Arbitration Clause Barred in Writ: Calcutta HC

Calcutta HC refuses writ jurisdiction over a contractual payment dispute where an arbitration clause exists and facts are disputed.

Sep 29, 2026Read more →
SARFAESI Dispute Doesn’t Halt College Affiliation: Madras HC
Madras High Courtcorporateeducation

SARFAESI Dispute Doesn’t Halt College Affiliation: Madras HC

Madras HC rules that a SARFAESI property dispute under DRT cannot stall a college’s provisional affiliation process.

Sep 29, 2026Read more →
RBI OMO sale auction yields ₹25,000 crore amid robust bidding
Reserve Bank of Indiabankingfinancial_regulation

RBI OMO sale auction yields ₹25,000 crore amid robust bidding

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.

Sep 29, 2026Read more →
RBI conducts dual VRRR auctions totaling ₹3 lakh crore on September 29, 2026
Reserve Bank of Indiabankingfinancial_regulation

RBI conducts dual VRRR auctions totaling ₹3 lakh crore on September 29, 2026

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%.

Sep 29, 2026Read more →
Delhi HC in Zara v Zora: No Formal Declaration Needed for Well-Known Mark Status
Delhi High Courtintellectual_property

Delhi HC in Zara v Zora: No Formal Declaration Needed for Well-Known Mark Status

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.

Sep 29, 2026Read more →
SEBI Board Approves Sweeping Market Reforms
SEBI Board Decisioncorporatesecurities

SEBI Board Approves Sweeping Market Reforms

SEBI’s board approved comprehensive reforms across portfolio management, settlements, REITs, InvITs, FPIs, AIFs, and accredited investors, aiming to boost market depth and compliance efficiency.

Sep 29, 2026Read more →
SAT Quashes SEBI Penalties After IBC Resolution Approval
Securities Appellate Tribunal, Mumbaicorporateinsolvency

SAT Quashes SEBI Penalties After IBC Resolution Approval

The Securities Appellate Tribunal (SAT) has consistently held that SEBI cannot impose penalties on a corporate debtor for pre-acquisition defaults after an NCLT-approved resolution plan under the IBC. Sections 31 and 32A of the Insolvency and Bankruptcy Code protect the corporate entity post-resolution, barring regulatory penalties for past conduct.

Sep 29, 2026Read more →
NCLT Admits ₹1.05 Cr CIRP as No Pre-Existing Dispute on Invoice
National Company Law Tribunalinsolvencycorporate

NCLT Admits ₹1.05 Cr CIRP as No Pre-Existing Dispute on Invoice

NCLT admits insolvency petition for ₹1.05 crore operational debt; no genuine dispute raised prior to default.

Sep 28, 2026Read more →
NCLAT Rejects Guarantor’s Plea to Stall SARFAESI via Insolvency Application
National Company Law Appellate Tribunalinsolvencybanking

NCLAT Rejects Guarantor’s Plea to Stall SARFAESI via Insolvency Application

NCLAT holds personal insolvency applications cannot be misused as shield against SARFAESI possession proceedings.

Sep 28, 2026Read more →
Arbitral Award Doesn’t Convert Guarantor to Co-Borrower: NCLAT
National Company Law Appellate Tribunalinsolvencyarbitration

Arbitral Award Doesn’t Convert Guarantor to Co-Borrower: NCLAT

NCLAT rules arbitral award imposing joint liability doesn’t alter personal guarantee; guarantor remains distinct from borrower.

Sep 28, 2026Read more →
SEBI Settles Disclosure Violations Against 5 Adani Entities for ₹1.5 Cr
Securities and Exchange Board of Indiacorporatesecurities

SEBI Settles Disclosure Violations Against 5 Adani Entities for ₹1.5 Cr

SEBI has disposed of adjudication proceedings against five Adani Group companies for disclosure and corporate governance lapses, accepting settlements totalling over ₹1.5 crore without admission of guilt.

Sep 28, 2026Read more →
Demonetisation Cash Deposits Not Unexplained If Traced to Taxed Sales
Income Tax Appellate Tribunaltaxcompliance

Demonetisation Cash Deposits Not Unexplained If Traced to Taxed Sales

ITAT holds cash deposits during demonetisation cannot be added under Section 68 if sourced from disclosed and taxed cash sales with supporting records.

Sep 28, 2026Read more →
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