Patna ITAT allows delayed appeal due to serious illness in a bank cash deposit dispute, remanding the case for fresh assessment.
Delhi High Court dismisses Revenue’s appeal in Modipon Ltd. case, ruling against strict application of Section 50C when circle rates rise between agreement to sell and sale deed dates. Upholds ITAT decision.
The Supreme Court dismissed Inder Singh’s appeal, upholding the condonation of delay in the State’s land dispute case, stressing merits over technicalities while cautioning the government on future delays.
SC held writ petitions against ARC’s proposed SARFAESI action as not maintainable due to alternative remedy under Section 17 of the SARFAESI Act.
The NCLT Ahmedabad case of Hitesh Shah & Anr vs. Aquafil Polymers Company Pvt Ltd & Ors examines whether an arbitration clause in a Share Purchase Agreement overrides NCLT’s jurisdiction in oppression and mismanagement petitions.
The Kerala High Court ruled that cash loans exceeding Rs. 20,000 violate the Income Tax Act and are not legally enforceable under the NI Act, emphasizing digital transactions and penalizing non-compliance.
Supreme Court rules pre-2015 life insurance policies were freely transferable, affirming High Court’s decision against LIC’s refusal to register assignments.
Delhi High Court orders MCA to review independent director’s request for designation correction in official records to prevent undue legal implications.
Supreme Court rules a company is a ‘person’ under the 1986 Consumer Protection Act, enabling it to file deficiency of service complaints. Case remanded for re-examination of fire insurance claim.
Delhi High Court held that GST order set aside as GST notice was uploaded on ‘Additional Notices Tab’ and the same was not brought to knowledge of the petitioner. Accordingly, matter remanded back and petitioner directed to furnish reply.
