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Legal Updates 18 October 2026

India Arbitration & Court Rulings Shape Finance and Consumer Rights

Recent developments in India's legal arena include the AIAC unveiling its 2026 Arbitration Rules at Asia ADR Week, the Supreme Court's partial approval of the Union’s appeal in a war‑related arbitration dispute and its decisive ruling on Rs 8,415 crore AT1 bonds affecting Yes Bank. The Bombay High Court dismissed the Union’s challenge to a CAT order, while a Kerala consumer court ordered a hospital to pay Rs 1.14 lakh for medical negligence. Yes Bank reported a 65% PAT jump, and actor Rajpal Yadav secured relief in a Rs 22 crore cheque‑bounce case.
  • AIAC Arbitration Rules 2026 – Experts discussed new award review, expedited cases and funder disclosure at Asia ADR Week. Read more
  • Supreme Court on Union Arbitration Appeal – Court partly allowed the Union’s appeal in a war‑related arbitration dispute, affirming the existence of a binding agreement under Section 175(3). Details
  • Supreme Court AT1 Bond Verdict – Ruling on Rs 8,415 crore AT1 bonds influences Yes Bank’s strategy; the bank is reviewing the decision. Source
  • Bombay High Court Dismisses Union Petition – The Union of India’s writ petition challenging a CAT order restraining certain actions was rejected. Read
  • Kerala Consumer Court Hospital Order – Hospital ordered to pay Rs 1.14 lakh to a patient for medical negligence. Article
  • Yes Bank PAT Surge – Profit after tax rose 65% YoY, excluding AT1 bond ruling impact. Report
  • Rajpal Yadav Cheque‑Bounce Relief – Supreme Court upheld Bombay HC decision, questioning a Rs 22 crore claim. Coverage

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