Case Law Analysis
|Supreme Court of India
RBI Caution List Cannot Include Advocates for Professional Negligence | SC Upholds Self-Regulation Under Advocates Act 1961 : SC
Supreme Court rules that RBI's Caution List cannot be used to blacklist advocates for professional negligence, reinforcing the Bar Council of India's exclusive disciplinary authority under the Advocates Act 1961. The judgment mandates institutional reforms, including Continuing Legal Education, to ensure accountability in the legal profession.