AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
NCLT Allahabad approved the first motion for amalgamation of Roto Energy into Roto Pumps and waived the requirement for shareholder and creditor meetings under Section 232(1).
RBI modifies 2022 circular on ATM cassette swaps, allowing banks to delegate monitoring to Board-appointed committees. The change offers operational flexibility while retaining accountability.
SEBI proposes changes to base prices and dummy bands in pre-open auctions for IPOs and re-listed securities to improve price discovery and reduce manipulation risks.
SEBI renews recognition of BSE Clearing Limited for three years from October 3, 2026, under the Securities Contracts (Regulation) Act, 1956.
SEBI has upgraded its Document Number Verification System by making subject matter a mandatory field and aligning document numbers with E-Office outward records to enhance authenticity and tracking of official communications.
RBI annual performance reporting (APR) applies to Indian entities with overseas investments; filings require audit confirmation and are due by June 30.
The weighted average lending rate (WALR) on fresh rupee loans of scheduled commercial banks stood at 8.61% in August 2026, up slightly from 8.52% the previous month. The WALR on outstanding loans declined marginally to 8.96%.
Section 52 restricts securities premium use to bonus issue, expense write-off, issue cost, redemption premium, and buy-back.
Analysis of Turquand’s rule, Section 118, SS-1 and constructive notice in contested board resolution validity.
Maharashtra Oil Extractions Ltd files DRHP for ₹370 crore fresh issue; details business, financials, fund use, and key risks including litigation.
Karnataka HC allows recovery of employee dues from gratuity if valid undertaking permits adjustment.
SEBI has issued a consolidated Master Circular for Debenture Trustees effective September 28, 2026, replacing the earlier circular dated August 13, 2025. The move aims to streamline regulatory compliance and enhance investor protection.
SEBI settles proceedings with True North for ₹10.87 lakh over 10-year delay in winding up a venture capital scheme, citing regulatory breaches.