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Bank not liable for money that was fraudulently transferred: UK SC

July 14, 2023 1350 Views 0 comment Print

Reviewing the landmark UK Supreme Court decision in Barclays Bank UK PLC vs Philipp case. Analysing its global implications on bank liability in cases of fraudulent transactions.

Denial of boarding due to overbooking amounts to deficiency in service

July 6, 2023 4953 Views 0 comment Print

Learn about the case of Bechu Kurian Thomas against Qatar Airways, where denial of boarding due to overbooking led to a consumer dispute. Explore the legality of compensation under the Consumer Forum Act, despite lower compensation provisions in the Aircraft Act and Carriage by Air Act.

SC Ruling on Penalty for Suppression of Facts in Self-Assessment Returns

July 5, 2023 6009 Views 0 comment Print

Read about the Supreme Court’s decision on whether penalty can be imposed on self-assessment returns for alleged suppression of facts. Analysis of the case involving Commissioner, Central Excise And Customs vs Reliance Industries Ltd. Learn about the implications for GST and Income-tax matters.

Delhi HC Quashes Section 148A(d) Order as allegation in notice was misplaced

June 27, 2023 2685 Views 1 comment Print

Delhi High Court quashes IT order under Section 148A(d) against Krishna Diagnostic, highlighting errors in property transaction allegations.

Madras HC Ruling: Homemaker Wife’s Equal Share in Husband’s Property

June 27, 2023 10716 Views 0 comment Print

Read about the Madras High Court ruling on the concept of communal property, stating that homemaker wives have an equal share in their husband’s funded properties. Analysis of the case involving Kannaian Naidu and Kamsala Ammal.

Once CIRP initiated, IT dept cannot initiate fresh proceedings: Calcutta HC

June 26, 2023 1179 Views 0 comment Print

Calcutta High Court rules that initiation of fresh proceedings against an entity under CIRP is barred by IBC Section 238, quashing IT department’s order and subsequent actions against MSP Metallics Limited.

SC Decision on Disproportionate Share Allotment: Applicability of Section 81 of Companies Act 1956

June 18, 2023 4617 Views 0 comment Print

Read the analysis of the Supreme Court of India’s verdict in the case of Hasmukhlal Madhavlal Patel And Anr. vs Ambika Food Products Pvt. Ltd. And Ors. regarding disproportionate allotment of shares in a right issue by a private limited company. The court’s ruling examines the applicability of Section 81 of the Companies Act, 1956 and its implications for directors’ responsibilities.

Will (Before Death of Testator) Or POA cannot Confer Title in Immovable Property: SC

June 9, 2023 17028 Views 0 comment Print

SC in the Ghanshyam Vs Yogendra Rathi, concerning entitlement to eviction and mesne profits based on various documents such as power of attorney, will, agreement to sell, possession memo, and sale consideration receipts

SC on clarification filed by Revenue in matter of Abhisar Buildwell P Ltd

May 12, 2023 5670 Views 0 comment Print

PCIT Vs Abhisar Buildwell P. LTD. (Supreme Court of India) Clarification application file by Revenue on issue of permitting 148 notice dismissed by Supreme Court with liberty  to Revenue to file Review application. Further in case such review application is filed it will be heard in open court . We observe that as we have […]

Compensation for wrong hair cut- Amount maintained at Rs 2 crore by NCDRC

May 5, 2023 9438 Views 1 comment Print

Opposite Party to pay a compensation of ₹2,00,00,000/- (Rupees Two Crores only) to the Complainant for wrong cutting the her hair.

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