The Official Liquidator is directed to undertake and complete valuation of the building on S.F.No.79/1 through ITCOT at rates earlier approved by this Court within 60 days from the date of receipt of a copy of this order.
The computation of the amount claimed in all three demand notices was never explained. It is quite apparent that while the guarantors in all the cases mentioned a limiting amount of the guarantor’s liability, the bank has simply demanded from them the amount of the loan outstanding in the principal borrower’s account.
RBI introduces bulk upload functionality for FCGPR, FCTRS, and DI forms on FIRMS Portal, streamlining foreign investment compliance from July 1, 2025.
Kerala High Court held that for claiming benefit of drawback it is not necessary that extension should come from the Reserve Bank of India itself as the AD-I bank are authorized to grant such extension. Accordingly, writ disposed with direction to reconsider the claim.
Allahabad High Court quashes tax demand order exceeding show cause notice amount, reinforcing Section 75(7) of the GST Act.
SC exempts stem cell banking from service tax in Stemcyte case; GST regime withdraws exemption, making services taxable at 18% from July 2022.
Learn about GST refund claims for exports, accumulated ITC, excess payments, and more. Understand the process, deadlines, and required documentation.
An analysis of India’s merger control under CCI rules, deal value threshold, key cases, and comparisons with US, EU, and UK frameworks for M&A compliance.
An analysis of SEBI’s Takeover Code on ‘control’, key case laws like Subhkam Ventures, Jet-Etihad, and strategic implications for dealmakers in Indian M&A.
Explore the inconsistencies in GST’s treatment of actionable claims like lottery, betting, and online gaming, arguing for a service-based taxation approach.
