Goods and Services Tax : Supreme Court upheld Section 69 GST arrest powers, requiring recorded reasons, CrPC safeguards, CBIC instructions and limiting arr...
Income Tax : The Supreme Court held excise duty paid by buyers formed part of turnover, discussed colourable devices, and distinguished legitim...
Corporate Law : A non-speaking dismissal of an SLP does not affirm the High Court's reasoning or constitute law under Article 141. The doctrine of...
Corporate Law : The Supreme Court ruled that summoning hotel booking records and call detail records to prove adultery does not violate privacy, a...
Corporate Law : The Supreme Court agreed to examine allegations that bank dues were settled at steep discounts through ARCs, while clarifying that...
Corporate Law : The Supreme Court upheld joint insolvency proceedings against two interconnected real estate companies due to common management an...
Corporate Law : Supreme Court ruled that CoC and RP can surrender financially burdensome assets voluntarily, clarifying moratorium under section 1...
Corporate Law : SC clarifies limits of High Court's writ powers in IBC cases and recognises Indian CIRP as foreign main proceeding in cross-border...
Corporate Law : Justice BR Gavai sworn in as India's 52nd Chief Justice. Focus areas include addressing case pendency and improving court infrastr...
Corporate Law : Key IBC case law updates from Oct-Dec 2024, covering Supreme Court and High Court decisions on CoC powers, resolution plans, relat...
Corporate Law : SC held a Ministers statement binds the Government only if it reflects the Governments view and declined to issue speech guideline...
Corporate Law : Supreme Court granted bail under the PMLA, noting prolonged custody, documentary evidence, delayed trial, parity with co-accused, ...
Corporate Law : Supreme Court set aside the High Court's PMLA bail order for failure to apply Section 45 twin conditions and remanded the matter f...
Corporate Law : Supreme Court declined to refer the Article 370 challenge to a larger Bench, holding there was no conflict between earlier Constit...
Corporate Law : Supreme Court upheld termination of a slum redevelopment developer for prolonged delay and reaffirmed the statutory duty and accou...
Corporate Law : The Bill seeks to amend Articles 15 and 16 to allow reservation for backward classes proportionate to their population identified ...
Fema / RBI : RBI directs banks, NBFCs, and other entities to implement Supreme Court’s accessibility guidelines for digital KYC, ensuring inc...
Income Tax : CBDT raises monetary limits for tax appeals: Rs. 60 lakh for ITAT, Rs. 2 crore for High Court, and Rs. 5 crore for Supreme Court, ...
Corporate Law : No restrictions on joint bank accounts or nominations for the queer community, as clarified by the Supreme Court and RBI in August...
Corporate Law : Supreme Court of India introduces new procedures for case adjournments effective 14th February 2024, detailing strict guidelines a...
The Supreme Court held that an accused cannot be denied copies of documents forming part of the chargesheet merely because prosecution is under the Official Secrets Act. The Court balanced fair trial rights and national security by allowing access subject to strict confidentiality restrictions.
The Supreme Court held that an appeal filed without the mandatory certified copy of the NCLT order was not properly instituted. It set aside the NCLAT’s order condoning delays in filing and refiling the appeal.
The Supreme Court dismissed the Revenue’s SLP by following its earlier decision in connected matters. The dispute relating to advance sale of room nights and Holiday Scheme Surrender Value remained governed by settled precedent.
The Supreme Court declined to examine the Revenue’s challenge after noting that an intra-court appeal remedy existed under the Karnataka High Court Act. The merits of the assessment dispute were left open.
The Supreme Court declined immediate intervention but expressly left open the challenge to the validity of Section 16(2) of the CGST Act. The key takeaway is that constitutional questions relating to denial of ITC due to supplier default remain unresolved.
The Supreme Court held that heirs inheriting property under Section 8 of the Hindu Succession Act take definite shares as tenants-in-common and not as joint tenants. A widow holding only a 1/5th share could not act as karta to sell the entire property on grounds of legal necessity.
The Court ruled that issuance of notice under Section 35(3) BNSS is the general rule for offences punishable up to seven years. Arrest can be made only in exceptional circumstances after satisfying statutory conditions and recording reasons.
The Supreme Court has agreed to consider whether a single GST show cause notice can cover multiple financial years under Section 74. The case arises from a Kerala High Court ruling that such consolidation prejudices taxpayers and violates the statutory scheme.
The Supreme Court granted interim bail while the challenge to the arrest was still pending adjudication. The Court clarified that the order did not express any view on the merits of the case.
The Supreme Court granted bail in a disproportionate assets case after noting that the accused had remained in custody for more than one and a half years and that the charge sheet had already been filed. The trial court was requested to expedite the trial.
