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1. SC pulls up Greater Bengaluru Authority in unauthorised construction case amid nationwide crackdown

SC pulls up Greater Bengaluru Authority in unauthorised construction case amid nationwide crackdown - Litigation - 3 min read SC pulls up Greater Bengaluru Authority in unauthorised construction case

SC pulls up Greater Bengaluru Authority in unauthorised construction case amid nationwide crackdown

SC pulls up Greater Bengaluru Authority in unauthorised construction case amid nationwide crackdown - Litigation - 3 min read SC pulls up Greater Bengaluru Authority in unauthorised construction case amid nationwide crackdown The order, passed in Loganathan v. The State of Tamil Nadu & Ors. escalated what began as a Tamil Nadu residential zoning dispute into a full-scale, nationwide audit of building law violations. In a significant development in the Supreme Court’s ongoing crackdown on unauthorised constructions and land-use violations, the bench of Justice Ahsanuddin Amanullah and Justice R. Mahadevan has directed the Commissioner of the Greater Bengaluru Authority to submit a personal explanation after the Court noted, on the basis of an office report, that notice sent to the authority had allegedly been refused. "We take note of the Office Report dated 19.05.2026 indicating that service is complete upon all respondents except the authority at Bengaluru, where notice was reportedly refused," the bench noted. The State of Tamil Nadu & Ors. escalated what began as a Tamil Nadu residential zoning dispute into a full-scale, nationwide audit of building law violations. The case traces its origins to an unauthorized G+1 structure built without a sanctioned plan in Chennai. The Supreme Court, after dismissing the petitioner's SLP on February 16, 2026, had directed the Greater Chennai Corporation to explain how such violations went unchecked.

2. Allahabad Court Grants Bail To Rape, Murder Accused Over Lack Of Evidence

Allahabad Court Grants Bail To Rape, Murder Accused Over Lack Of Evidence The court expressed serious concerns over the state's FSL infrastructure.

Allahabad Court Grants Bail To Rape, Murder Accused Over Lack Of Evidence

Allahabad Court Grants Bail To Rape, Murder Accused Over Lack Of Evidence The court expressed serious concerns over the state's FSL infrastructure.

3. Arbitration now resembles disease it was meant to cure: CJI Surya Kant

Arbitration now resembles disease it was meant to cure: CJI Surya Kant Chief Justice of India Surya Kant on Friday criticised the increasing complexity, cost and exclusivity of modern international ar

Arbitration now resembles disease it was meant to cure: CJI Surya Kant

Arbitration now resembles disease it was meant to cure: CJI Surya Kant Chief Justice of India Surya Kant on Friday criticised the increasing complexity, cost and exclusivity of modern international arbitration, saying that a process created as an alternative to litigation was beginning to acquire the same defects it was meant to avoid. He said "Arbitration was built to be the answer to the pathologies of formal litigation, and it is seemingly acquiring each of those very failings. In other words, the remedy has come to resemble the disease it was designed to kill." The CJI was speaking at the 4th International Conference of the Indian Council of Arbitration (ICA) on arbitrating Indo-UK commercial disputes in London. The conference, held during London International Disputes Week 2026 at Church House, focused on ADR as a catalyst for strengthening the Indo-UK economic partnership. The event was also attended by Master of the Rolls and Head of Civil Justice of England and Wales Sir Geoffrey Vos, Deputy High Commissioner of India to the United Kingdom Karthik Pandey, Vice President of the Law Society of England and Wales Brett Dixon, ICA President Dr NG Khaitan and ICA Director General Arun Chawla. Justice Surya Kant said arbitration must ask with candour where it may have drifted from its founding purpose and what must be done to restore that purpose. He said arbitration did not begin as a creature of statute and did not spring into life with the English Arbitration Act of 1889, India’s first arbitration legislation of 1899 or the New York Convention of 1958. Those instruments, he said, merely recognised, regularised and regulated a practice that commerce had already developed over centuries.

4. RBI proposes LCR-linked pricing, differential rates for bulk deposits

RBI proposes LCR-linked pricing, differential rates for bulk deposits - Regulators - 1 min read RBI proposes LCR-linked pricing, differential rates for bulk deposits Indian Central Bank is proposing t

RBI proposes LCR-linked pricing, differential rates for bulk deposits

RBI proposes LCR-linked pricing, differential rates for bulk deposits - Regulators - 1 min read RBI proposes LCR-linked pricing, differential rates for bulk deposits Indian Central Bank is proposing to allow banks to offer different interest rates on bulk rupee deposits based on the liquidity treatment of those deposits under the Liquidity Coverage Ratio (LCR) framework and that banks disclose deposit interest rates on their websites before the start of each business day, aiming to improve transparency and align deposit pricing with liquidity risks The Reserve Bank of India (RBI) on Friday released draft amendments to its deposit interest rate directions, proposing to allow banks in offering differential interest rates on bulk deposits by taking into account the liquidity treatment of such deposits under the Liquidity Coverage Ratio (LCR) framework. Under the draft amendment, banks can offer different interest rates on bulk deposits based on the differential run-off rates applicable to deposits or unsecured wholesale funding from retail and non-retail customers under the RBI's Asset Liability Management (ALM) Directions, 2025. The proposed changes would apply to both domestic rupee bulk deposits and rupee deposits of non-residents. "A bank shall have the freedom to offer differential interest rate on bulk deposits, by considering the differential run-off rate applicable to deposits or unsecured wholesale funding from retail or non-retail customers, respectively under the LCR framework," the draft amendment said. The RBI has proposed stricter disclosure requirements for deposit rates. Under the revised framework, banks will be required to disclose their schedule of deposit interest rates in advance on their websites before the commencement of the business day. At present, banks disclose deposit rates on their websites, but the amendment…

5. RBI slaps Rs 41.80 lakh fine on Canara Bank

RBI slaps Rs 41.80 lakh fine on Canara Bank - Regulators - 2 min read RBI slaps Rs 41.80 lakh fine on Canara Bank The Reserve Bank of India (RBI) on Friday imposed a penalty of Rs 41.80 lakh on Canara

RBI slaps Rs 41.80 lakh fine on Canara Bank

RBI slaps Rs 41.80 lakh fine on Canara Bank - Regulators - 2 min read RBI slaps Rs 41.80 lakh fine on Canara Bank The Reserve Bank of India (RBI) on Friday imposed a penalty of Rs 41.80 lakh on Canara Bank for not complying with certain provisions of directions issued by the central bank on 'Know Your Customer (KYC)' and 'Unclaimed Deposits and Inoperative Accounts in banks'. Mumbai, The Reserve Bank of India (RBI) on Friday imposed a penalty of Rs 41.80 lakh on Canara Bank for not complying with certain provisions of directions issued by the central bank on 'Know Your Customer (KYC)' and 'Unclaimed Deposits and Inoperative Accounts in banks'. An inspection of Canara Bank carried out by the RBI revealed that the bank did not upload KYC records of certain customers onto the Central KYC Records Registry (CKYCR) within the prescribed timeline. Canara Bank also classified certain accounts as inoperative, despite the last customer-induced transaction being less than one year old in such accounts, according to a Reserve Bank statement. This penalty has been imposed in exercise of powers conferred on the RBI under the provisions of section 47A(1)(c) read with sections 46(4)(i) and 51(1) of the Banking Regulation Act, 1949, the RBI said. The Statutory Inspection for Supervisory Evaluation (ISE 2025) of the bank was conducted by the RBI with reference to its financial position as on March 31, 2025. Based on the supervisory findings of non-compliance with the provisions of RBI directions, a notice was issued to the bank advising it to show cause as to why a penalty should not be imposed on it for its failure to comply with the said provisions of RBI directions. After considering the bank's reply to the notice, additional submissions made by it, and oral submissions made during the personal hearing, the RBI found that the…

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