Corporate Law : The Supreme Court held that individuals investing for financial returns rather than home ownership cannot invoke Section 7 of the ...
Goods and Services Tax : The Supreme Court declined immediate intervention but expressly left open the challenge to the validity of Section 16(2) of the CG...
Goods and Services Tax : The Supreme Court ruled that whenever money is staked on an uncertain outcome, the activity amounts to betting and gambling for GS...
Goods and Services Tax : The Supreme Court ruled that once money is staked on an uncertain outcome, the activity becomes betting and gambling regardless of...
Goods and Services Tax : The Supreme Court held that adjudicatory proceedings cannot survive when authorities rely on undisclosed material or deny meaningf...
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...
Income Tax : SC dismissed Revenue’s plea after Gujarat HC held that even proposed additions would not alter MAT liability, defeating escapeme...
Income Tax : The Supreme Court declined to interfere with the Bombay High Court's view that a later judicial pronouncement cannot constitute a ...
Income Tax : The High Court upheld denial of Section 10(38) exemption after concurrent findings established that the share transactions lacked ...
Corporate Law : The Supreme Court examined whether personal insolvency proceedings under the IBC could halt cheque dishonour cases under Section 1...
Goods and Services Tax : The Supreme Court issued notice in a challenge to West Bengals entry tax regime concerning goods meant for export. Interim protect...
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 Court held that a challenge to a show cause notice was premature, as no final decision had been taken. It ruled that authorities may issue a fresh notice even after a prior blacklisting order is quashed.
The Supreme Court held that the decree remained executable despite delay in depositing the balance sale consideration and ruled that the High Court exceeded its revisional powers. The executing court’s order was restored.
The Supreme Court condoned the delay in filing but dismissed the special leave petitions, upholding the impugned judgments. Petitioners may still pursue other remedies under law.
The Supreme Court condoned the delay but dismissed the special leave petitions, affirming the impugned judgments. Petitioners can still pursue other legal remedies.
The Court held that prolonged custody and uncertainty over trial completion justified granting bail. It ruled that the appellant’s completed minimum sentence period warranted release.
The Court held that continued custody was unwarranted even though a significant tax loss was alleged. Bail was allowed as the charge-sheet was filed and a co-accused was already released.
SC holds that unexplained delays in filing chargesheets violate the right to speedy trial under Article 21 and can justify quashing criminal proceedings.
Supreme Court condoned a 524-day delay after noting inefficient internal procedures and repeated scrutiny steps. The ruling stresses need for streamlined administrative processes in filing appeals.
Supreme Court declines judicial intervention in GST registration, emphasizing policy decisions rest with the government and legislature.
The Court held that amounts paid under protest before assessment must be considered when calculating the 10% pre-deposit required under Section 26(6A) of the MVAT Act. The ruling restores the appeal and confirms that the statute must be interpreted strictly as written.
