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Archive: May, 2026

Posts in May, 2026

SMC Controversy, Private Schools and Fine Line Between Regulation & Institutional Capture

May 22, 2026 423 Views 0 comment Print

The article discusses how fears of parent-dominated governance structures prompted concerns about loss of autonomy in private schools. It explains that the Ministry later clarified that SMC Guidelines are not compulsory for private unaided institutions.

No Abuse of Dominance Found Since Hospital Pricing Was Not Proven Excessive or Unfair: CCI

May 22, 2026 171 Views 0 comment Print

The Commission observed that patients commonly seek treatment across Delhi-NCR and therefore defined the relevant geographic market broadly rather than limiting it to Delhi alone.

Hospital Room Charges Cannot Be Compared With Hotel Tariffs: CCI

May 22, 2026 132 Views 0 comment Print

Competition Commission of India held that hospital rooms provide medical infrastructure, emergency support, and trained healthcare staff, making them fundamentally different from hotel accommodations. It therefore rejected findings based on comparisons between hospital room rents and hotel tariffs.

NBFCs in India: Legal Framework, Classification, SBR & Compliance Guide

May 22, 2026 441 Views 0 comment Print

The article explains that a company qualifies as an NBFC only when more than 50% of both its assets and income arise from financial activities. Failing either condition means the entity cannot be treated as an NBFC under the RBI Act, 1934.

Section 69A Addition Cannot Be Made Through Section 154 Rectification: ITAT Hyderabad

May 22, 2026 300 Views 0 comment Print

ITAT Hyderabad held that addition of Rs. 13 lakh under Section 69A through rectification proceedings exceeded the scope of Section 154. The Tribunal ruled that issues requiring detailed factual examination cannot be treated as mistakes apparent from record.

Hospital Lab Charges Not Unfair as Standalone Diagnostic Centres Are Not Comparable: CCI

May 22, 2026 126 Views 0 comment Print

Commission found that comparisons between hospital diagnostic charges and standalone labs were inadequate because hospitals operate continuously with different infrastructure requirements.

Incomplete CRCL Test Reports Cannot Justify Reclassification of Imported Solvents as Kerosene: CESTAT Mumbai

May 22, 2026 156 Views 0 comment Print

Tribunal held that Customs authorities could not reclassify imported industrial composite solvent as kerosene when all mandatory BIS specifications were not tested. It observed that missing parameters rendered the laboratory reports inconclusive and legally unreliable.

ITAT Hyderabad Condones 182-Day Delay as Assessee Faced Liver Failure

May 22, 2026 153 Views 0 comment Print

ITAT Hyderabad condoned a 182-day delay in filing the appeal after accepting medical evidence relating to failed liver transplantation and continuous dialysis treatment.

Subsidiary Company Assets Cannot Form Part of Parent Company Insolvency: NCLAT Delhi

May 22, 2026 243 Views 0 comment Print

NCLAT held that foreign oil and gas assets owned through Videocon subsidiaries could not be included in the CIRP of Videocon Industries Ltd. The Tribunal ruled that subsidiaries and parent companies are distinct legal entities under insolvency law.

No Personal Hearing, No Valid Dismissal: Karnataka HC Sets Aside Removal of Central Tax Officer

May 22, 2026 852 Views 0 comment Print

High Court ruled that disciplinary proceedings could not culminate in dismissal without granting the employee an opportunity of personal hearing. The matter was remanded for fresh consideration in accordance with law.

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