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 has remitted reassessment cases for fresh consideration after the retrospective insertion of Section 147A, leaving its validity and constitutional challenge open for adjudication.
The Supreme Court dismissed the Revenue’s challenge after the High Court held that the concurrent findings of the CIT(A) and ITAT on identity, genuineness and creditworthiness were not perverse.
The Supreme Court refused specific performance after holding that the purchaser failed to prove continuous readiness and willingness under Section 16(c) of the Specific Relief Act. It ruled that financial capacity and consistent conduct throughout the contract period are essential for equitable relief.
The article analyses the Supreme Court’s decision upholding 28% GST on Gross Bet Value rather than Gross Gaming Revenue. It examines the statutory reasoning and discusses its impact on the online gaming industry’s tax framework.
The Supreme Court held that under the amended Section 13(8) of the SARFAESI Act, the borrower’s statutory right of redemption ends upon publication of the auction notice. It set aside the High Court’s order quashing the auction sale certificate.
The SC declined to interfere with the High Court ruling that Rule 86A cannot be used to create a negative Electronic Credit Ledger. The judgment clarifies that authorities may recover dues through other statutory remedies.
The Supreme Court held that borrowers lose their statutory right of redemption once a valid auction notice is published under Section 13(8) of the SARFAESI Act. The ruling strengthens creditor certainty and reinforces efficient debt recovery.
The Supreme Court held that applications to extend an arbitral tribunals mandate under Section 29A must be filed before the Court defined in Section 2(1)(e), not the High Court that appointed the arbitrator. The ruling resolves conflicting judicial views on jurisdiction.
The Supreme Court observed that inadequate infrastructure in court complexes affects the dignity and professional participation of women advocates. It also endorsed consideration of a Young Lawyers’ Professional Assistance Fund to address financial hardship faced during the early years of practice.
The Supreme Court ruled that requiring employers to purchase shares from the market instead of issuing ESOP shares ignores commercial realities. Finding no substantial question of law, it dismissed the Revenue’s appeal.
