In Bank of Baroda Vs Ajit Kumar, NCLT Mumbai rules that lack of NOC doesn’t nullify security documents during insolvency proceedings.
Indus Power Tech Inc. Vs Echjay Industries Pvt. Ltd. (Bombay High Court) In a significant ruling, the Bombay High Court has determined that a company cannot be restrained from conducting its business following the termination of a contract, emphasizing that non-compete clauses do not provide grounds for injunctive relief after such termination. The case involved […]
Parle Products Ltd Vs Union of India (Bombay High Court) The Bombay High Court recently ruled in favor of Parle Products Ltd., ordering a refund of excise duty paid voluntarily by the company on its exported products, which were otherwise covered by an exemption notification. The case, which centered on the classification and taxability of […]
Appeal filed by Meir Commodities challenging NCLT Hyderabad order allowing Narayanam Nageswara Rao to participate as a Resolution Applicant in CIRP.
ITAT Mumbai rules on the appeal of ACIT against Sangeeta Ganpat Sawant regarding undisclosed income and indexed cost of improvement.
Neon Laboratories Ltd Vs Mayank Shah & Anr. (NCLAT Delhi) In a recent judgment, the National Company Law Appellate Tribunal (NCLAT) in Delhi dismissed the insolvency petition filed by Neon Laboratories Ltd., marking a significant development in the case involving the operational creditor and Mayank Shah. The decision came as a result of an appeal […]
Allahabad HC ruled that non-submission of a show-cause notice reply is not valid grounds for GST registration cancellation, citing lack of proper reasoning.
Madras High Court quashes the tax assessment order against Kandasamy Sivaprakash, citing lack of personal hearing and violations of natural justice principles.
Supreme Court clarifies that while Aadhar can establish identity, it is not definitive proof of date of birth in Saroj & Ors. Vs IFFCO-TOKIO case.
P&H High Court rules that criminal acquittal can’t revive a labor dispute after an unreasonable delay. Details from the Punjab and Sind Bank case.
