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Archive: February, 2026

Posts in February, 2026

RBI Permits Private Placement Beyond 200 Investors Due to UCB Sector Constraints

February 26, 2026 357 Views 0 comment Print

RBI’s Amendment Directions enable NUCFDC to raise capital beyond statutory private placement limits. The decision ensures broader participation by UCBs while mandating reporting and regulatory compliance.

FSSAI Issues Draft Packaging Amendment to Define Food Contact Materials and NIAS

February 26, 2026 687 Views 0 comment Print

FSSAI has proposed amendments to the 2018 Packaging Regulations to introduce key definitions, including food contact materials and non-intentionally added substances. The draft, issued under statutory powers, invites public objections within 60 days.

FSSAI Notifies New Food Safety Officer for North Central Railway Under Statutory Powers

February 26, 2026 180 Views 0 comment Print

Exercising powers under Sections 10 and 37 of the Food Safety and Standards Act, 2006, FSSAI amended its 2017 notification to appoint a new Food Safety Officer for North Central Railway. 

Filing Not Streamlined No Ground to Bypass GST Appellate Tribunal: Gujarat HC

February 26, 2026 927 Views 0 comment Print

The Court refused to entertain the writ petition, holding that appeal before the Appellate Tribunal was the proper remedy. Filing issues do not override statutory appeal provisions.

Madras HC Directs Restoration of Old PAN After New PAN Cancelled

February 26, 2026 522 Views 0 comment Print

The High Court recorded that the new PAN had been cancelled and directed the petitioner to apply for restoration of the old PAN. The Income Tax Department was asked to provide a copy of the cancellation order.

Provisional Bank Account Attachment Under GST Ceases After One Year: Calcutta HC

February 26, 2026 669 Views 0 comment Print

The Court held that under Section 83(2) of the CGST Act, a provisional attachment automatically lapses after one year and cannot be continued.

Gujarat HC Quashes IGST Refund Rejections Because Repealed GST Rule Stands Obliterated

February 26, 2026 789 Views 0 comment Print

The High Court held that omission of Rule 96(10) without a saving clause applies to all pending cases. Refund claims for IGST paid on exports were directed to be processed.

SC Asks District Election Officer to Probe Electoral Roll Exclusion of Relocated Akbar Nagar Residents

February 26, 2026 258 Views 0 comment Print

The Supreme Court refused to entertain the writ petition citing disputed facts. It directed the District Election Officer, Lucknow to verify representations and take action as per law.

UGC Empowered to Act on Questionable Distance Technical Degrees as Per Orissa Lift Principles: SC

February 26, 2026 3252 Views 0 comment Print

The Supreme Court held that the UGC is the competent authority to determine consequences of questionable technical degrees obtained through distance education. Universities must furnish student details for further action.

CESTAT Sets Aside Section 112 Penalty for Lack of Specific Allegations in SCN

February 26, 2026 393 Views 0 comment Print

The Tribunal held that mere mention of Section 112 without detailed imputation in the show cause notice cannot justify penalty. Violation of CHA Regulations alone was found insufficient to sustain penal action.

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