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Archive: 27 October 2025

Posts in 27 October 2025

Operational debt and default thereon established hence CIRP application u/s. 9 of IBC admitted

October 27, 2025 351 Views 0 comment Print

NCLT Cuttack held that application under section 9 of the Insolvency and Bankruptcy Code for initiating Corporate Insolvency Resolution Process [CIRP] against Bhilai Jaypee Cement Limited [Corporate Debtor] is liable to be admitted since operational debt and default is proved.

GST Refund Limitation: Time for Deficiency Memo Processing Excluded

October 27, 2025 1701 Views 0 comment Print

Gujarat High Court ruled that the time taken to process a GST refund application until a deficiency memo is issued must be excluded from the two-year limitation period under Section 54.

FIRC Matching: Periodic Remittance Suffices for GST Refund

October 27, 2025 1302 Views 0 comment Print

Delhi HC quashes GST demand, ruling that exporters do not need transaction-wise FIRC matching; periodic foreign remittance covering the claimed refund is sufficient for compliance.

CIRP application u/s. 9 of IBC admitted as operational debt and default thereon proved

October 27, 2025 384 Views 0 comment Print

NCLT Mumbai held that application under section 9 of the Insolvency and Bankruptcy Code for initiation of Corporate Insolvency Resolution Process (CIRP) against Cab-Eez Infra Tech Limited [Corporate Debtor] admitted as operational debt and default thereon established.

Personality Rights: IP, Deepfakes and Global Legal Battles

October 27, 2025 1077 Views 1 comment Print

A comparative look at personality rights in India, the US, and EU, examining the judicial response to deepfakes, AI, and commercial exploitation of identity, and the need for new IP laws.

Gujarat High Court Mandates Consideration of All Grounds in Tax/VAT Appeals

October 27, 2025 534 Views 0 comment Print

The Gujarat High Court quashed a VAT Tribunal order, restoring an appeal and remanding the matter for fresh consideration because the Tribunal failed to address all specific grounds raised by the petitioner.

CIRP against Blu-Smart Mobility Tech Pvt. Ltd. initiated as debt and default established

October 27, 2025 501 Views 0 comment Print

NCLT Ahmedabad held that application under section 9 of the Insolvency and Bankruptcy Code for initiation of Corporate Insolvency Resolution Process [CIRP] against Blu-Smart Mobility Tech Private Limited (Corporate Debtor) as operational debt and default in payment established.

Calling Husband an Alcoholic Without Proof Is Mental Cruelty: MP HC Grants Divorce

October 27, 2025 3138 Views 0 comment Print

The MP High Court granted a divorce, ruling that a wife persistently ridiculing her husband as an alcoholic in his social circle, based on unproven allegations, amounts to mental cruelty.

NCLAT Remands Case: NCLT Must State Reasons for Denial of relief

October 27, 2025 378 Views 0 comment Print

NCLAT Delhi set aside an NCLT order and remanded the case, holding that the Adjudicating Authority must provide reasons for denying or refusing any reliefs sought by the appellant.

Transaction Value Must Prevail for Export Duty – Moisture Content Can’t Alter Valuation: CESTAT Hyderabad

October 27, 2025 330 Views 0 comment Print

CESTAT ruled that transaction value supported by final invoice and BRC must be accepted for export duty finalization, overriding CRCL report on moisture content. set aside a Customs order, confirming that the actual transaction value realized for iron ore exports must be used for final duty assessment.

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