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The National Company Law Tribunal NCLT has taken cognizance of an insolvency plea filed against FIITJEE, a prominent coaching institute, by a former employee who claims unpaid…
The Himachal Pradesh High Court has upheld the validity of notices issued under Section 74 of the Goods and Services Tax GST Act, which pertains to cases involving fraud, willful…
The Delhi High Court has declined to interfere with the methodology adopted by an international arbitrator for computing damages arising from a breach of contract. The court noted…
The Madras High Court has taken a compassionate view in a case involving a widow seeking the income tax refund of her deceased husband's salary. The court has directed the Income…
A concerning situation involving a 78-year-old senior citizen who had been waiting for over two years for the processing of their Income Tax Return ITR prompted a response from…
The Madras High Court has set aside a Goods and Services Tax GST order due to a significant procedural lapse by the tax department. The court found that the department had failed…
The Punjab & Haryana High Court has granted bail to an accused individual in a case related to a bogus Income Tax IT refund scam. In its order, the court made a noteworthy…
The Delhi High Court has clarified a crucial aspect of the Arbitration and Conciliation Act ACA , stating that any waiver of the grounds for challenging the appointment of an…
The Calcutta High Court has set aside an arbitral award, finding it to be legally untenable due to patent illegality. The court noted that the arbitrator had disregarded binding…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has quashed a significant penalty of ₹2 crore that was imposed on the former Managing Director MD of a company. The…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has clarified the transitional provisions related to legacy indirect tax credits by allowing a cash refund under…
The Jammu & Kashmir High Court has reiterated a fundamental principle of adjudication, emphasizing that the findings of fact in both civil and criminal cases must be based on…
The Delhi High Court has ruled against a party claiming damages for lost profits allegedly suffered due to delays in payment, stating that such claims must be substantiated by…
The Bombay High Court has emphasized the importance of promptness in seeking interim relief under Section 9 of the Arbitration and Conciliation Act. The court observed that any…
The National Company Law Appellate Tribunal NCLAT has made a significant ruling recognizing state tax authorities as secured creditors under the Insolvency and Bankruptcy Code IBC…
Foxconn, a major electronics manufacturing company and a key supplier for Apple, is reportedly on the verge of commencing iPhone shipments from its newly established manufacturing…
The National Company Law Tribunal NCLT has issued a formal notice to Gensol Engineering Limited in response to an insolvency petition that was filed by the Indian Renewable Energy…
The Madras High Court has upheld the validity of a circular issued by the Insolvency and Bankruptcy Board of India IBBI that allows financial creditors to propose the names of…
The Central Board of Indirect Taxes and Customs CBIC has announced revisions to the customs duty rates applicable to precious metals, specifically gold and silver, as well as…
The National Company Law Appellate Tribunal NCLAT has clarified that an individual member of a consortium of lenders retains the right to file an insolvency petition under the…
Fyn Mobility, an electric vehicle EV focused logistics startup, has successfully secured $2.5 million in funding. The company intends to utilize these funds to significantly…
The Department for Promotion of Industry and Internal Trade DPIIT has announced a collaborative partnership with the Global Energy Alliance for People and Planet GEAPP . This…
Pronto, an on-demand platform that specializes in providing a range of home services, has successfully raised $2 million in funding. The company offers quick and efficient…
The National Company Law Appellate Tribunal NCLAT has upheld an order issued by the National Company Law Tribunal NCLT that had recalled and decided to re-adjudicate a case. The…
A recent report analyzing cases related to the Companies Act, 2013, has highlighted a tightening stance by the Ministry of Corporate Affairs MCA on compliance with the provisions…
The Patna High Court has firmly enforced the statutory deadline of one year for the completion of Goods and Services Tax GST adjudication proceedings. The court explicitly…
Nobel Hygiene, a company specializing in adult and baby care hygiene products, has secured a substantial $20 million in funding from Neo Asset Management. The company intends to…
The Delhi government has announced a significant initiative aimed at improving the welfare of gig workers in the city by establishing a dedicated welfare board for this growing…
The Department for Promotion of Industry and Internal Trade DPIIT has granted approval to 187 startups to receive benefits under Section 80-IAC of the Income Tax Act. These…
Amazon India's logistics arm is reportedly set to undergo a merger with its core marketplace business. This move towards operational consolidation is aimed at streamlining the…
A recent report analyzing cases related to the Companies Act, 2013, has highlighted a tightening stance by the Ministry of Corporate Affairs MCA on compliance with the provisions…
Amazon India's logistics arm is reportedly set to undergo a merger with its core marketplace business. This move towards operational consolidation is aimed at streamlining the…
Nobel Hygiene, a company specializing in adult and baby care hygiene products, has secured a substantial $20 million in funding from Neo Asset Management. The company intends to…
The National Company Law Tribunal NCLT has issued a formal notice to Gensol Engineering Limited in response to an insolvency petition that was filed by the Indian Renewable Energy…
The National Company Law Tribunal NCLT has taken cognizance of an insolvency plea filed against FIITJEE, a prominent coaching institute, by a former employee who claims unpaid…
The Delhi High Court has declined to interfere with the methodology adopted by an international arbitrator for computing damages arising from a breach of contract. The court noted…
The Calcutta High Court has set aside an arbitral award, finding it to be legally untenable due to patent illegality. The court noted that the arbitrator had disregarded binding…
The Himachal Pradesh High Court has upheld the validity of notices issued under Section 74 of the Goods and Services Tax GST Act, which pertains to cases involving fraud, willful…
The Department for Promotion of Industry and Internal Trade DPIIT has granted approval to 187 startups to receive benefits under Section 80-IAC of the Income Tax Act. These…
The Patna High Court has firmly enforced the statutory deadline of one year for the completion of Goods and Services Tax GST adjudication proceedings. The court explicitly…
The Central Board of Indirect Taxes and Customs CBIC has announced revisions to the customs duty rates applicable to precious metals, specifically gold and silver, as well as…
The Madras High Court has upheld the validity of a circular issued by the Insolvency and Bankruptcy Board of India IBBI that allows financial creditors to propose the names of…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has clarified the transitional provisions related to legacy indirect tax credits by allowing a cash refund under…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has quashed a significant penalty of ₹2 crore that was imposed on the former Managing Director MD of a company. The…
The Calcutta High Court has set aside an arbitral award, finding it to be legally untenable due to patent illegality. The court noted that the arbitrator had disregarded binding…
The Delhi High Court has declined to interfere with the methodology adopted by an international arbitrator for computing damages arising from a breach of contract. The court noted…
The National Company Law Tribunal NCLT has taken cognizance of an insolvency plea filed against FIITJEE, a prominent coaching institute, by a former employee who claims unpaid…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has quashed a significant penalty of ₹2 crore that was imposed on the former Managing Director MD of a company. The…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has clarified the transitional provisions related to legacy indirect tax credits by allowing a cash refund under…
The Madras High Court has upheld the validity of a circular issued by the Insolvency and Bankruptcy Board of India IBBI that allows financial creditors to propose the names of…
The National Company Law Tribunal NCLT has taken cognizance of an insolvency plea filed against FIITJEE, a prominent coaching institute, by a former employee who claims unpaid…
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