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LatestLegal Updates 12 November 2026

India Court Orders & Corporate Moves Flash Update

Recent legal and corporate developments in India include SMBC's plan to merge its India operations under Yes Bank by FY29 after a Supreme Court verdict, a ₹10 lakh penalty imposed on Ola for its advance tipping feature, and multiple incidents of forged court orders used to block hundreds of websites, prompting police investigations. Karnataka challenges a high court decision on SC/ST quota hikes, Tata Power disputes a $650 million award, Parsvnath directors face custody over unpaid dues, and the Supreme Court expands creamy‑layer benefits to children of government teachers and clerical staff.

SMBC consolidation: SMBC told RBI its India ops will merge under Yes Bank by FY29 after Supreme Court verdict. Read more

CCPA penalty on Ola: India's consumer regulator imposed a ₹10 lakh fine on Ola for its advance tipping feature and ordered it to stop the practice. Read more

Fake court orders block sites: Police probe after the Department of Telecommunications used forged court orders to block 129 betting websites, raising concerns over censorship. Read more

Allahabad High Court fake order: UP police filed FIR over a forged Allahabad High Court order that led to blocking 95 websites. Read more

Karnataka SC challenge: Karnataka moves the Supreme Court to contest a high court verdict that quashed the SC/ST quota hike. Read more

Tata Power award dispute: Tata Power says no provision is needed for a $650 M Kleros award after contesting a Singapore court ruling. Read more

Parsvnath directors custody: Consumer panel sends two Parsvnath directors to judicial custody over unpaid homebuyer dues. Read more

Supreme Court creamy layer: Ruling grants children of government teachers and clerical staff eligibility under the creamy‑layer exemption. Read more

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