SEBI has directed that mutual funds cannot invest in private share placements before a company's IPO, limiting participation to the public issue or anchor allocation to protect ...

Supreme Court held that urgency in intellectual property infringement suits arises from continuing nature of wrong, not from how long infringement has persisted. Delay alone cannot bar exemption from ...

Karnataka High Court granted anticipatory bail in a PMLA case noting that the predicate offence was still under police investigation and the accused was already on regular bail, making further ...

ITAT Mumbai deleted a ₹5.10 crore addition made under Section 69A for cash deposits during demonetisation, holding that once ...

ITAT Delhi quashed a reassessment, ruling that jurisdictional AO lacked authority to issue a Section 148 notice after CBDT notification assigned exclusive power to NFAC under Section 151A. The key ...

The Karnataka High Court ruled that a bank is bound to comply with an Arbitral Tribunal's order, such as freezing an account, without requiring separate execution proceedings. The key takeaway is that ...

Court upheld Canara Bank’s decision to permanently cut a retired Chief Manager’s pension for issuing an unauthorised ₹300 crore manual LoC, ruling that grave misconduct proceedings can continue ...

Karnataka High Court directs refund of ₹10 crores collected during GST search, holding the payment involuntary and not valid under Section 74(5) of the CGST ...

IFSCA issues consultation paper proposing mandatory dematerialisation of securities by IFSC entities through IFSCA-registered depositories; comments invited till November 16, ...

The Competition Commission of India (CCI) closed a complaint against Karate India Organisation (KIO), ruling that allegations of improper naming and unauthorised sports regulation were non-competition ...

The Finance Ministry approved the extension of LC75 and Balanced Life Cycle (BLC) investment options to Central Government NPS/UPS subscribers, providing enhanced equity allocation ...

SEBI consults on amending NCS Regulations to allow debt issuers to offer higher coupon rates or discounts to specific groups like seniors and women to increase bond market retail ...