SC held that GST Council’s recommendations are not binding on Centre and states and have only persuasive value, Apex Court also strike down IGST levy on ocean freight under RCM
HC held that Debt Recovery Tribunal (DRT) Not Empowered In Law To Restrain A Debtor’s Fundamental Right To Travel Abroad.
Dive into the details of the Online Gaming (Regulation) Bill, 2022, introduced in response to the surge in online gaming during the COVID-19 pandemic. Explore key provisions, licensing requirements, and the establishment of the Online Gaming Commission. Stay informed about the evolving landscape of online gaming in India
Once the amount is properly reflected in the ledger as outstanding and payable, the Statute of limitation begins on the following date.
Secure your familys financial future with the Married Womens Property Act, 1874. Learn how this legal provision safeguards insurance proceeds from creditors, ensuring your loved ones receive the benefits. Dont let debts compromise your familys well-being; understand the provisions and benefits of the MWP Act today. Discover the simple and cost-effective process to cover your life insurance policy under this act, providing long-term protection for your family.
SC held that Parties cannot rely upon the definitions of ‘terrorism’ in penal statutes since the Exclusion Clause contains an exhaustive definition.
SC held that when 90% or more of the creditors decide that it will be in the interest of all the stake¬holders to permit Settlement Plan filed by promoter of the Corporate Debtor and withdraw Corporate Insolvency Resolution Process as per Section 12A of IBC, 2016, NCLT or NCLAT cannot sit in appeal over such commercial wisdom of Committee of Creditors.
Explore the Supreme Courts landmark decision in Shrikant G. Mantri vs. Punjab National Bank, affirming that a person purchasing goods or services exclusively for self-employment qualifies as a consumer. Delve into the legal nuances of the case, emphasizing the distinction between consumer and commercial purposes. Stay informed with the latest judicial insights.
Female heirs of a Hindu governed by the Dayabhaga School of Hindu Law dying intestate could not impress upon their inherited property the character of joint family property. The properties inherited from her husband was assessable in the hands of the assessee in the status of individual. It means that female members of a HUF cannot form HUF on the basis of contract among themselves.
Learn about the Master Guidelines on Anti Money Laundering & Counter Financing of Terrorism issued by the Authority for insurers in India.