AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Institute of Chartered Accountants of India removed a CA’s name from the register for one year for failing to report ₹1,150 crore fund siphoning and ignoring going concern uncertainties during audit.
Amendments to Commercial Banks (Miscellaneous) Directions clarify deferment of option premiums and align with forthcoming regulatory instructions.
ICAI removed a CA's name from its register for one year for failing to report ₹1,150 crore of fund siphoning and audit lapses, including inadequate assessment of going concern risks.
SEBI amends Research Analysts Regulations, making call recordings optional for communications with institutional investors from November 2026.
The Directorate General of Foreign Trade extended the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme until December 31, 2026, with existing rates and value caps unchanged.
Anarock proposes ₹1,000 crore IPO with Khaitan & Co advising the company, Verist Law advising selling shareholders, and other firms involved in the transaction.
Directorate General of Foreign Trade extended the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme until December 31, 2026 with no change in existing rates or value caps.
SEBI levied a ₹1 lakh penalty on a broker for failing to maintain pre-order authorisations for 38 clients and inadequate IP address logging, breaching surveillance norms.
India’s Global Capability Centres face rising legal exposure from generative and agentic AI use, implicating data protection, IP, employment, and consumer laws. Regulatory uncertainty and lack of clear accountability frameworks heighten enterprise risk.
DGFT extended the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme until 31 December 2026 with no changes to existing rates or value caps.
SEBI’s Appellate Authority dismissed an RTI appeal alleging misleading responses by CPIO, holding that public authorities cannot be compelled to create or invent non-existent records.
Multiple state governments, including Assam, Bihar, and Gujarat, will auction ₹31,200 crore in securities on October 13, 2026, via yield and price-based methods.
On October 12, 2026, RBI conducted a 3-day Variable Rate Reverse Repo (VRRR) auction under the Liquidity Adjustment Facility (LAF), accepting ₹37,558 crore at a uniform cut-off rate of 5.49%.