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Supreme Court of India

Moratorium under IBC does not shield directors/officers from liability: SC

April 18, 2024 714 Views 0 comment Print

In a case involving Ansal Crown Heights Flat Buyers Association vs. Ansal Crown Infrabuild Pvt. Ltd., the Supreme Court rules that the moratorium under Section 14 of the IBC does not prevent executing a decree against directors/officers.

Deceased Partner’s Heirs Not Liable for Firm’s Obligations: SC

April 16, 2024 4122 Views 0 comment Print

Supreme Court ruling clarifies legal heirs’ non-liability for firm debts after partner’s demise. Detailed analysis & judgment overview.

Resolution Applicant Can’t Withdraw or Modify Plan After Creditor Committee Approval: SC

April 14, 2024 846 Views 0 comment Print

Detailed analysis of Deccan Value Investors L.P. & Anr vs. Dinkar Venkatasubramanian & Anr case. Supreme Court prohibits withdrawal or modification of resolution plans after Committee of Creditors’ approval.

No coercive action on Congress till Lok Sabha polls: I-T dept to SC

April 12, 2024 1269 Views 0 comment Print

Supreme Court halts coercive action against Indian National Congress in Rs 3500 crore income tax dispute until pending civil appeal is resolved. Full text of judgment provided.

HC Can’t Rule on Good Faith Clause for GST Officers Pre-Litigation: SC

April 12, 2024 834 Views 0 comment Print

Supreme Court’s decision regarding availability of good faith clause to GST officers before legal proceedings. Get insights into judgment in State of Gujarat & Anr. Vs Paresh Nathalal Chauhan case.

SC Orders Dismissal of Restoration of Writ Petition Due to Inordinate 12-Year Delay

April 8, 2024 1548 Views 0 comment Print

Explore the Supreme Courts judgment on condonation of delay in the case of Union of India vs Jeejeebhoy. Delve into the analysis, principles, and implications for future cases.

SC ruling on payment of UEI in case of transfer of leasehold rights in pursuance of merger

April 6, 2024 1677 Views 0 comment Print

Understand the implications of Jaiprakash Industries Ltd. vs Delhi Development Authority judgment on leasehold rights transfer post-amalgamation/merger and the liability for unearned increase. Learn about M&A planning considerations and legal nuances.

SC allows refund of Stamp duty paid for Increase in Authorised Share Capital in Excess of Maximum Capped Amount

April 5, 2024 1194 Views 0 comment Print

Explore the Supreme Court judgment in State of Maharashtra vs. National Organic Chemical Industries Ltd. regarding stamp duty refund on share capital increase.

Section 71 Inapplicable if Goods Unloaded Outside notified Area with Superintendent Permission: SC

April 2, 2024 552 Views 0 comment Print

Supreme Court held that provisions of section 71 of the Customs Act doesn’t apply when goods were not warehoused inside the notified public bonded warehouse but were unloaded outside the notified area but within factory premises and kept under a shed on permission granted by Superintended.

Trademark Disputes: Shyam Sel and Power Limited vs. Shyam Steel Industries Limited – A Case Study

April 2, 2024 690 Views 0 comment Print

Dive into the Supreme Courts judgment in Shyam Sel & Power Ltd vs Shyam Steel Industries Ltd case regarding trademark infringement and passing off. Detailed analysis & conclusion included.

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