The Delhi High Court has transferred a winding-up petition against Madhusudan Auto Limited to the NCLT, aligning with a Supreme Court ruling on jurisdiction.
Chhattisgarh High Court rejects bail for Anush Kumar Gangwani in a ₹5.53 crore GST fraud case, citing ongoing investigation and severity of the economic offense.
The Delhi High Court orders the release of a foreign national’s gold chains, citing that used jewellery is a personal effect and customs failed to issue a notice.
Delhi High Court directs Customs Department to release gold items seized from Mohammad Shahid ordering him to pay duties and charges for their release.
The Supreme Court of India has disposed of a Special Leave Petition, upholding the validity of TOLA by referencing its landmark judgment in the case of Union of India vs. Rajeev Bansal.
Tribunal confirmed CIT(A)’s view that alleged accommodation loans were not supported by bank statements. Reopening and addition u/s 69A struck down; Revenue’s case dismissed.
Rajasthan High Court addresses Jai Bajrang Steel’s challenge to blocked ITC before appeal. Court directs petitioner to file appeal; blocking not deemed recovery.
The Delhi High Court allows a Resolution Professional to hold a CoC meeting, ruling that all decisions are subject to the outcome of a pending NCLT proceeding.
The Calcutta High Court has ordered the Registrar of Companies to decide on a director’s removal despite a pending NCLT case, clarifying the ROC’s duty under company law.
The ITAT Kolkata has set aside an ex parte order against Anup Nayak in a TDS non-deduction case, remanding it to the CIT(A) for re-adjudication.