Goods and Services Tax : The Finance Act, 2025 retrospectively amended Section 17(5)(d) of the CGST Act after the Supreme Court allowed ITC on certain comm...
Corporate Law : The Supreme Court held that liabilities arising from corporate guarantees qualify as financial debt under Section 5(8) of the Inso...
Corporate Law : The Supreme Court ruled that a shortfall payment clause in a Deed of Hypothecation can qualify as a contract of guarantee under th...
Corporate Law : The Supreme Court expressed serious reservations about earlier rulings denying bail in UAPA cases, holding that smaller benches ca...
Income Tax : The article explains the Supreme Court’s landmark 2024 ruling that broken period interest on debt securities is capital in natur...
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...
Goods and Services Tax : The Supreme Court stayed further proceedings arising from a Section 74 GST order while examining whether writ petitions can be ent...
Finance : The Supreme Court refused relief to borrowers who defaulted from the very first instalment after availing an ₹8.09 crore loan. T...
Finance : The Supreme Court upheld a Will executed in favour of the testator’s sister despite objections from his wife and children. The C...
Income Tax : SC examined nature of amounts received from an AOP and upheld findings that receipts constituted profit share rather than revenue ...
Income Tax : The Supreme Court dismissed the challenge to a Delhi High Court ruling that quashed reassessment proceedings under Sections 148A(d...
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 asked the government to review policies promoting pulses cultivation after concerns were raised about insufficient MSP incentives and market support for farmers.
The Court directed authorities to submit an updated report on illegal encroachments along the River Ganga after finding that the existing data was outdated and insufficient for final directions.
A man convicted in a murder case, holding that Call Detail Records (CDRs) could not be relied upon in evidence unless accompanied by the mandatory certificate under Section 65-B of the Indian Evidence Act.
When a vaccination programme was undertaken as a State-led public health intervention, the government could not evade responsibility towards families who allege deaths or serious injuries following vaccination, particularly when official data itself acknowledged that some deaths occurred after COVID-19 vaccination.
A conclusion of an auction sale would not bar re-valuation of the auctioned property, when a question arises regarding the adequacy of valuation or fixation of the reserve price.
The Court expressed concern over unclear railway fund allocation and emphasized that spending must prioritize public safety and welfare. Railways were directed to submit a detailed affidavit explaining funding priorities.
The Court indicated that the three-year practice requirement should continue and sought suggestions from High Courts and law universities before deciding on the plea for exemption.
The Supreme Court dismissed the SLP challenging the Karnataka High Court decision that Kambala events cannot be restricted only to Dakshina Kannada and Udupi, as the PCA amendments permitting such sports have been upheld.
Supreme Court held that the privy purses and other privileges granted to the erstwhile rulers of the Princely States were the direct outcome of political and contractual arrangements.
The Court held that the petitioner had already brought the matter to the authorities and declined to issue a mandamus. It expressed confidence that authorities would consider earlier observations while formulating a model policy.