Supreme Court dismisses ONGC’s appeal, affirming an arbitral award for a contractor. The Court clarifies that a general ‘no interest’ clause is insufficient to bar an arbitrator from awarding pendente lite interest.
Supreme Court overturns NCLAT, nullifying a gift deed and share transfer, and reinstating Shailja Krishna as the majority shareholder of Satori Global Ltd. Key takeaways for corporate law and NCLT jurisdiction.
Supreme Court ruled that documents like a GPA and an unproven Will cannot transfer property title. The case reinforces principle that a registered sale deed is mandatory.
Supreme Court directs a petitioner to approach the GST Council regarding a mechanism to track and verify GST compliance by foreign OIDAR service providers.
The Supreme Court has quashed a prosecution for wilful tax evasion, ruling the tax department violated its own CBDT circulars by pursuing the case after the Settlement Commission granted immunity.
The Supreme Court dismissed the Income Tax Department’s appeal regarding a reassessment notice, affirming that notices issued by a Jurisdictional Assessing Officer after the faceless regime was introduced are invalid.
The Supreme Court dismissed the Union of India’s appeal, maintaining the 5% GST rate on flavoured milk, citing previous judicial precedents on product classification.
The Supreme Court of India addresses judicial delays in the Ravindra Pratap Shahi case, mandating new guidelines for High Courts to ensure timely pronouncement of judgments.
The Supreme Court upheld the Bombay High Court’s decision to set aside penalties against Ganesh Benzoplast, affirming that no breach occurred in its bonded warehouse.
The Supreme Court of India rules that financial hardship is not a valid ground to waive or reduce the mandatory pre-deposit for filing an appeal.