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Delhi HC Transfers Winding-Up Petition to NCLT Under Companies Act

September 4, 2025 615 Views 0 comment Print

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 HC Denies Bail in ₹5.53 Crore Multi-Firm Fake Invoice GST Fraud

September 4, 2025 720 Views 0 comment Print

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.

Delhi HC Orders Release of Gold Chains Detained at IGI Airport for Re-Export

September 4, 2025 345 Views 0 comment Print

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 HC Directs Customs to Release Seized Gold Bangles & Coins on Duty Payment

September 4, 2025 654 Views 0 comment Print

Delhi High Court directs Customs Department to release gold items seized from Mohammad Shahid ordering him to pay duties and charges for their release.

Supreme Court Upholds TOLA, Cites Rajeev Bansal

September 4, 2025 840 Views 0 comment Print

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.

No Proof of Accommodation Entries, ₹3.62 Cr Addition Unsustainable

September 4, 2025 909 Views 0 comment Print

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.

Blocking of ITC Ledger Is Not Recovery: Rajasthan HC Clarifies

September 4, 2025 432 Views 0 comment Print

Rajasthan High Court addresses Jai Bajrang Steel’s challenge to blocked ITC before appeal. Court directs petitioner to file appeal; blocking not deemed recovery.

Delhi High Court Allows CoC Meeting Amidst Pending NCLT Case

September 4, 2025 342 Views 0 comment Print

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.

Calcutta HC Directs ROC to Decide on Removal of Director

September 4, 2025 1101 Views 0 comment Print

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.

ITAT Kolkata Gives Second Chance Because CIT(A) Ex Parte Order Was Harsh

September 3, 2025 660 Views 0 comment Print

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.

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