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A Bengaluru techie has been arrested in connection with a ₹379 crore cryptocurrency theft from CoinDCX. The police allege that the employee's office credentials were used in the…
The Haryana RERA Real Estate Regulatory Authority has held "3 years to be a reasonable time for filing complaints," dismissing a homebuyer's complaint against Emaar. This ruling…
Tata Motors is set to "acquire Iveco's non-defence business in a €3.8 billion deal." This major acquisition signifies a significant expansion for Tata Motors in the global…
The SEBI has extended the timeline for the implementation of the "revised nomination framework for mutual funds and demat accounts" to accommodate stakeholder feedback. This…
The Supreme Court of India is set to conclude its hearings on the long-pending GST case related to online gaming. This high-stakes legal matter will decide whether GST should be…
A Bengaluru techie has been arrested in connection with a ₹379 crore cryptocurrency theft from CoinDCX. The police allege that the employee's office credentials were used in the…
The NCLAT National Company Law Appellate Tribunal , Chennai, has ruled that "inherent power under Rule 11 cannot be invoked to recall orders allegedly passed by fraud or without…
The Bombay High Court has ruled that the "procedure of remitting proceedings back to the same arbitrator under Sections 33 and 34 4 of the Arbitration and Conciliation Act could…
Fino Payments Bank has reported a "27% decline in Q1 profit to ₹17.7 crore." This indicates a challenging quarter for the payments bank, despite a marginal increase in total…
Vahan AI, an AI-powered job matching platform, has secured a "strategic investment from Temasek's Lemmatree and acquired L-earn." This dual development indicates Vahan AI's…
The Supreme Court has "junked Zostel's appeal against the Delhi High Court order" in its long-standing dispute with OYO. This decision brings a degree of finality to the…
A Delhi court has restrained a woman from "stalking and harassing a married man who refused her proposal." The civil judge issued an order preventing the woman from coming within…
The Delhi High Court has "slammed a PSU Public Sector Undertaking for filing a civil suit to set aside an arbitral award that had already been upheld by the Supreme Court." The…
A Kerala Sessions Court has reportedly closed a case against "two nuns in a trafficking case." This development indicates a significant turn in a controversial case that had…
The Allahabad High Court has observed that "criminal complaints filed in the heat of the moment over trivial matrimonial issues undermine the institution of marriage." The court…
The Jammu & Kashmir High Court has quashed a dowry case FIR First Information Report , stating that allegations of the FIR being "registered due to the influence of the wife's…
Freshworks has reported a strong performance in Q2 CY25, posting "$205 million in revenue" and significantly "cutting losses by 80%." The SaaS Software as a Service company's…
Nayara Energy has withdrawn its plea against Microsoft after "services were restored." This indicates a resolution to a dispute involving technological services. Companies often…
The Delhi High Court has "slammed a PSU Public Sector Undertaking for filing a civil suit to set aside an arbitral award that had already been upheld by the Supreme Court." The…
The CESTAT Customs, Excise, and Service Tax Appellate Tribunal has allowed "CENVAT credit on Karnataka State Cricket Association's LED scoreboard." This decision signifies that…
The CESTAT Customs, Excise, and Service Tax Appellate Tribunal has ruled that "service tax is not leviable on repairs of school buildings run by Military Engineering Services MES…
The CESTAT Customs, Excise, and Service Tax Appellate Tribunal has ruled that "no excise duty is leviable on the manufacture of drip irrigation systems and its component parts."…
The Supreme Court has allowed an IL&FS plea, ruling that "naming a creditor in a balance sheet is not mandatory" for it to constitute an acknowledgment of debt that extends the…
The NCLT National Company Law Tribunal , New Delhi, has ruled that "operational debt can't be converted into financial debt by execution of subsequent agreement between parties."…
The CESTAT Customs, Excise, and Service Tax Appellate Tribunal has ruled that "no excise duty is leviable on the manufacture of drip irrigation systems and its component parts."…
The Supreme Court has allowed an "open court hearing of review petitions against the rejection of JSW's resolution plan for Bhushan Power & Steel." This is a rare occurrence, as…
The Delhi High Court has held that "civil courts are not prohibited from granting anti-arbitration injunction in foreign-seated arbitration if proceedings are vexatious and…
The Supreme Court has allowed an "open court hearing of review petitions against the rejection of JSW's resolution plan for Bhushan Power & Steel." This is a rare occurrence, as…
The Delhi High Court has held "prima facie existence of arbitration agreement based on exchanges between parties," allowing Vedanta's plea for arbitration. This decision…
The Supreme Court has clarified that "disputes arising out of work contracts with MP Govt instrumentality shall be referred to MP Arbitration Tribunal." This ruling reinforces the…
The Delhi High Court has held that "civil courts are not prohibited from granting anti-arbitration injunction in foreign-seated arbitration if proceedings are vexatious and…
The Haryana RERA Real Estate Regulatory Authority has held "3 years to be a reasonable time for filing complaints," dismissing a homebuyer's complaint against Emaar. This ruling…
The RBI Reserve Bank of India has issued "new directions on AIF Alternative Investment Fund investments by banks and NBFCs." These directions likely aim to further regulate and…
CESTAT Customs, Excise, and Service Tax Appellate Tribunal has granted relief to BHEL Bharat Heavy Electricals Limited , ruling that "reimbursed freight charges are not taxable as…
CESTAT Customs, Excise, and Service Tax Appellate Tribunal has provided relief to BPL Ltd., ruling that "payment received from JVA Joint Venture Agreement as pure reimbursement…
The Orissa High Court has overridden an appellate remedy and remitted an order due to "double taxation of income already offered to tax in a subsequent assessment year." The court…
The ITAT Income Tax Appellate Tribunal has granted relief under the "India-UAE DTAA Double Taxation Avoidance Agreement ," ruling that "income from a revocable trust is taxable in…
The RBI Reserve Bank of India has issued "new directions on AIF Alternative Investment Fund investments by banks and NBFCs." These directions likely aim to further regulate and…
The ITAT Income Tax Appellate Tribunal has deleted "₹5.95 crore additions" made by CPC Centralized Processing Centre related to "exempt income and disallowances," citing…
The NCLAT National Company Law Appellate Tribunal has closed a "CIRP Corporate Insolvency Resolution Process in a rare court-monitored insolvency after flat possession was given…
The NCLAT National Company Law Appellate Tribunal has ruled that there will be "no finality on liquidator removal until voting rights issue settled." This decision highlights a…
The ITAT Income Tax Appellate Tribunal has ruled that "disallowance under Section 14A cannot be added back while computing book profits under Section 115JB MAT of the Income Tax…
The NCLAT National Company Law Appellate Tribunal has rejected a suspended director's challenge to the Corporate Insolvency Resolution Process CIRP , asserting "timely resolution…
The NCLAT National Company Law Appellate Tribunal has ruled that "no protection under an unregistered sale agreement" but the "claim must be admitted under IBC liquidation…
The Madras High Court has restored a GST appeal after an "auditor mistakenly mentioned the wrong assessment year AY while withdrawing the appeal to opt for an amnesty scheme." The…
The Madras High Court has called out a "clear violation of natural justice" after a GST order was "passed just one day before the personal hearing date." The court emphasized that…
The MCA Ministry of Corporate Affairs has penalized a company and its directors for "violation of Section 12 of the Companies Act." Section 12 mandates that every company must…
The NCLAT National Company Law Appellate Tribunal has refused to interfere in a liquidation process, dismissing an appeal filed by the suspended director. This decision…
CESTAT Customs, Excise, and Service Tax Appellate Tribunal has granted relief to BHEL Bharat Heavy Electricals Limited , ruling that "reimbursed freight charges are not taxable as…
The Calcutta High Court has quashed a Section 73 order under GST, where the "SCN reply was filed beyond time limit but before disposal of proceedings." The court emphasized that…
A Bengaluru techie has been arrested in connection with a ₹379 crore cryptocurrency theft from CoinDCX. The police allege that the employee's office credentials were used in the…
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