The ruling emphasizes that registering numerous FIRs in mass fraud cases is unnecessary and burdensome. Courts must focus on whether the acts constitute the same transaction under criminal procedure law.
The draft norms link dividend payouts by Payment Banks to their Tier 1 capital ratios and overall capital adequacy. Only well-capitalised banks with sustainable profits can distribute dividends, ensuring financial stability.
The Bar Council of India has officially confirmed that the IGNOU-ICAI B.Com (Accountancy & Finance) degree meets all eligibility criteria for the 3-year LL.B. course. This ruling clarifies that distance degrees are valid for law admissions provided the candidate has completed a regular 10+2 qualification first.
The regulator has introduced a capital-linked dividend framework for Small Finance Banks effective FY 2026–27. Dividend payouts are capped and graded based on Tier 1 capital ratios, ensuring distributions do not weaken financial resilience.
The Supreme Court held that an undertaking to arrange fund infusion does not amount to a guarantee under contract law. Without a clear promise to discharge the borrower’s debt, no liability can be enforced against the promoter.
The government enabled electronic filing for declaring hotel accommodation as specified premises. The key takeaway is easier, transparent compliance with strict timelines.
The regulator has linked dividend payouts to CET1 capital ratios and imposed an overall cap to protect financial stability. Banks must now align shareholder distributions with prudential capital buffers.
The ruling highlights that immunity under DTDRS is general to penalty proceedings. Consequently, revising penalties merely because a different section might apply is impermissible.
The Court ruled that issuing deficiency memos beyond 15 days is contrary to GST law. Tax authorities must adhere strictly to timelines and compensate taxpayers with statutory interest for delays.
The ICAI has simplified age calculations for CPE compliance by allowing members to move into a lower-hour bracket in the same year they reach a milestone age. This guide details the 40, 30, 20, and 10-hour slabs based on the latest 2026 professional standards.
