Allahabad High Court sets aside GST penalty on S.A.N. Enterprises, ruling that goods cannot be detained for under-valuation. Read details of the judgment.
Delhi High Court sets aside GST demand on DLF Home Developers, ruling that the issue will be adjudicated by DGGI. Read details on the tax dispute here.
RTI Act grants access to existing records only; public authorities need not provide opinions, clarifications, or policy recommendations, as emphasized by CIC and SC precedents.
RTI Act permits access only to information held by a public authority and does not require the creation or interpretation of information. The authority found that inquiries regarding investigation status or actions taken by IBBI officials amounted to seeking opinions or advice, which falls outside the scope of the RTI Act.
Madras High Court permits K. Balakrishnan to file a statutory appeal against the service tax demand, directing a 25% deposit of the disputed tax. Read more.
IBBI suspends valuer Nitin Ashok Garg for six months due to valuation report discrepancies in East Coast Energy liquidation case.
IBBI suspends Sujit Shrikant Joglekar for six months due to valuation discrepancies in East Coast Energy liquidation.
SC restores personal insolvency proceedings in Bank of Baroda vs. Farooq Ali Khan, ruling HC overstepped in interfering with IBC procedures. Read the key details.
Delhi High Court examines the legality of Pranav Kuckreja’s arrest under Section 50 Cr.P.C., citing Supreme Court precedents. Read key findings and implications.
NCLAT Delhi denies CoC seat to assignee of related party debt post-CIRP. Ruling emphasizes preventing CIRP sabotage and protecting creditor rights.
