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Archive: 28 December 2022

Posts in 28 December 2022

क्या डिजिटल रुपया लांचिंग भविष्य में लागू होने वाली नोटबंदी है?

December 28, 2022 1416 Views 0 comment Print

डिजिटल रुपी या कहें डिजिटल रुपया देश का भविष्य बनने जा रहा है. फिलहाल यह सरकार की ओर से पायलट प्रोजेक्ट के रूप में लागू किया गया और इसमें आने वाली दिक्कतों को दूर कर इसके प्रयोग का दायरा बढ़ाया जाएगा. १. डिजिटल रुपया बढ़ती तकनीक के साथ देश और विदेश में भी लेन-देन का […]

Court is required to ensure that prima facie a genuine arbitrable dispute exists

December 28, 2022 1245 Views 0 comment Print

Oriental Insurance Company Limited Vs Dacite Furnishing Limited (Supreme Court) For deciding the application under Section 11(6) of Arbitration Act, 1996, the court is required to ensure that an arbitrable dispute exists and has to be prima facie convinced about the genuineness or credibility of the plea and not be too particular about the nature […]

NCLT cannot declare IBC, 2016 provisions/Regulations as illegal/Ultra Virus

December 28, 2022 693 Views 0 comment Print

IBBI Vs State Bank of India & Ors (Delhi High Court) In the present case, a conjoint reading of the provisions of the IBC clearly shows that the NCLT is the adjudicating authority under the IBC. Under Section 60(5) the categories of cases which can be adjudicated have been clearly enumerated. The jurisdiction to deal […]

Burden lies on insurance company to prove that licence of driver was fake

December 28, 2022 1128 Views 0 comment Print

The burden lies on the Insurance Company to prove the same except relying upon the endorsement, nothing is placed on record and also the author of the document has not been examined.

Directors receiving remuneration is employee under ESI Act: SC

December 28, 2022 3459 Views 0 comment Print

High Court in the present case has been in error in assuming that the Director of a Company, who had been receiving remuneration for discharge of duties assigned to him, may not fall within the definition of an employee for the purpose of the ESI Act.

Director of Company can file defamation case for Defamatory publication: SC

December 28, 2022 3756 Views 0 comment Print

John Thomas Vs Dr. K. Jagdeesan (Supreme Court of India) A renowned hospital in the Metropolis of Madras (Chennai) has been caricatured in a newspaper as the abattoir of human kidneys for trafficking purposes. When the Director of the Hospital complained of defamation, the publisher of the newspaper sought shelter under the umbrage that the […]

Lease renewal is a privilege and tenant must renew Lease within time: SC

December 28, 2022 2739 Views 0 comment Print

Orissa Industrial Infrastructure Development Corporation V. Mesco Kalinga Steel Ltd. & Ors (Supreme Court)  Lease of industrial land from government authority – Lessee neglected to execute lease deed for years – Lease cancelled and land resumed lessee obtaining order from High court for the allotment of land. The Apex Court held that the lessee has […]

Notification No. 128/2022-Income-Tax, Dated: 28.12.2022

December 28, 2022 1119 Views 0 comment Print

CBDT notifies Ontario Inc.  as pension fund – section 10(23FE) vide Notification No. 128/2022-Income-Tax, Dated: 28.12.2022. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAX) New Delhi, Notification No. 128/2022/Income-Tax | Dated: 28th December, 2022 S.O. 6103(E) —In exercise of the powers conferred by sub-clause (iv) of clause (c) of the Explanation 1 […]

All You Need To Know About Dematerialization of Shares

December 28, 2022 1839 Views 0 comment Print

Article explains What is Dematerialization, Benefit of Dematerialization Shares and Process of Dematerialization of Shares.

Indian Penal Code Provisions cannot be invoked for offence under Punjab VAT

December 28, 2022 966 Views 0 comment Print

Tax evasion attempt is punishable under Indian Penal Code. Learn how Deepak Kumar v. State of Punjab proved that Indian Penal Code Provisions is not applicable in Punjab VAT cases.

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