Ind AS Amendment Rules 2026: Key Changes in Financial Instruments, Hedge Accounting and Disclosures

The Ministry of Corporate Affairs (MCA) has notified the Companies (Indian Accounting Standards) Amendment Rules, 2026, introducing significant changes to the Ind AS framework. The amendments, notified through G.S.R. 725(E) dated 12 August 2026, seek to improve the accounting and disclosure framework …

Read more

Please share

‘Honorarium’ Cannot Be Used to Deny Dignified Wages: Bombay High Court Directs Minimum Wages for Community Health Volunteers

The Bombay High Court has delivered an important judgment protecting the wage rights of Community Health Volunteers (CHVs) engaged by the Municipal Corporation of Greater Mumbai (MCGM). The Court held that merely describing payments made to workers as an “honorarium” or characterising …

Read more

Please share

Discrimination Is the Other Name of Injustice: Supreme Court Upholds Equality in Promotion

The Supreme Court of India has reiterated that equality in public employment cannot be sacrificed by applying qualification requirements selectively. In a significant judgment concerning promotion in a cooperative society, the Court held that an employee cannot be denied promotional benefits …

Read more

Please share

SBI Liable for ₹1.30 Lakh Refund After Unauthorised ATM Withdrawals and Bank Transfers, Rules Delhi Consumer Commission

The Delhi State Consumer Disputes Redressal Commission has upheld an order directing the State Bank of India (SBI) to refund ₹1.30 lakh to a customer whose bank account was allegedly drained through unauthorised ATM withdrawals and account transfers. The Commission …

Read more

Please share

Manipal Hospital Acid Attack: NCDRC Enhances Compensation to ₹17.21 Lakh After Finding 75% Permanent Disability

The National Consumer Disputes Redressal Commission (NCDRC) has enhanced compensation awarded to an acid attack victim from ₹13,19,577 to ₹17,21,865, holding that his permanent disability should have been assessed at 75% instead of 50%. The decision underscores the importance of relying on …

Read more

Please share

Supreme Court Flags “Quality Crisis” in Consumer Commissions; Seeks NCDRC Report on Pendency

The Supreme Court has expressed serious concern over the functioning of consumer dispute redressal commissions across India, particularly the growing pendency of cases and prolonged delays in hearings. The Court has directed the President of the National Consumer Disputes Redressal …

Read more

Please share

Apollo Hospital Liable For Deficient Post-Operative Care After Patient Suffers Paralysis; NCDRC Awards ₹15 Lakh

The National Consumer Disputes Redressal Commission (NCDRC), New Delhi, has held Satguru Pratap Singh Apollo Hospitals, Ludhiana, along with Dr. M. Deepinder Singh and Dr. Gaurav Kuthiala, liable for deficiency in post-operative care after a patient developed permanent paralysis following treatment. The …

Read more

Please share

Kerala High Court Quashes FCRA Renewal Rejection Against NGOs Over Alleged Funding of Vizhinjam Port Protests

The Kerala High Court has delivered an important judgment concerning FCRA registration, NGO funding, the right to peaceful protest and the requirement of reasoned administrative orders. The Court set aside orders rejecting the renewal applications of two NGOs after the Centre …

Read more

Please share

Employment Disputes Are Not “Commercial Disputes” Under Commercial Courts Act: Delhi High Court

The Delhi High Court has clarified that disputes arising directly from an employer-employee relationship, including claims relating to unpaid salary and increments, cannot be treated as “commercial disputes” under the Commercial Courts Act, 2015. However, the Court also made an important procedural …

Read more

Please share