Supreme Court held that the Successful Resolution Applicant [SRA] cannot be forced to deal with claims that are not a part of the Request for Resolution Plan [RfRP] issued in terms of Section 25 of the IBC or a part of its Resolution Plan.
SC quashed a Chhattisgarh tender clause requiring ₹6 Cr local supply experience, deeming it arbitrary and violative of Articles 14 and 19(1)(g), upholding fair competition.
SC expunges Kerala HC’s surprise directions for fee refixation and vigilance inquiry, affirming that a litigant cannot be placed in a worse position in their own writ petition.
Supreme Court held that only up to three adjournments may be granted under GST law and denial beyond this does not violate natural justice principles.
SC Supreme Court dismissed a plea challenging expanded definition of Sikkimese, ruling the change is strictly limited to purpose of income tax exemption under Section 10(26AAA).
The Supreme Court of India disposed of the Revenue’s appeal against the Delhi High Court’s order quashing reassessment notices against Trans World International Ltd.
In Weston Electronics, the reduction on the rate of sales tax on television sets manufactured within the State to 1% whereas television sets imported from outside the State of Gujarat being at 10% was held to be discriminatory in nature and therefore, struck down.
The Supreme Court dismissed the appeal of advocate Manoj Kumar Sharma, upholding the Bar Council of India’s three-year suspension for professional misconduct involving scandalous allegations.
The Supreme Court of India upheld the levy of service tax on the Airports Authority of India’s cargo handling services, dismissing the argument that export cargo was exempt.
Supreme Court held that demand notice stands invalid in the eye of law when amount mentioned and demanded in notice send under Proviso (b) to section 138 of the Negotiable Instrument Act is different from actual cheque amount.
