The Supreme Court held that a writ under Article 226 lies against the IBA over its RBI-mandated Caution List, and that an advocate's alleged professional negligence — as opposed to fraud — cannot ground inclusion on that list, being the exclusive preserve of the Bar Councils under the Advocates Act, 1961.
The Supreme Court set aside NCLT and NCLAT orders admitting a Section 7 application because the tribunal had relied on six 'precedents' that AI had fabricated, and declared a zero-tolerance rule for the Bar and Bench citing unverified AI-generated material.