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India has signed an MoU with Argentina to boost the lithium supply chain. This agreement aims to secure access to lithium, a crucial mineral for electric vehicle batteries and…
SEBI intends to tighten disclosure requirements for new-age tech IPOs. This regulatory measure aims to provide investors with more detailed information about these companies…
The NCLAT ruled that any dispute, even pending arbitration, does not prohibit financial creditors from availing remedies under Section 7 of the IBC Insolvency and Bankruptcy Code…
The NCLAT has ruled that there is no bar on a corporate debtor from contesting an application under Section of the IBC, even in the absence of a demand notice. This ruling…
The Karnataka High Court has confirmed that VAT is applicable on set-top boxes, stating that providing them to customers constitutes a taxable transfer of the right to use. This…
The ITAT has deleted an AO's protective addition related to information technology fees, noting that the Transfer Pricing Officer TPO had already made adjustments on the same…
The Greater Hyderabad Municipal Corporation GHMC has sealed the Taj Banjara Hotel due to unpaid property tax amounting to Rs 1.4 crore. This action underscores the GHMC's efforts…
The CESTAT has quashed a service tax demand on rent receipts, holding that co-owners do not constitute an Association of Persons AOP . The tribunal ruled that rental income shared…
India is expected to increase GST on cigarettes and tobacco products once the compensation cess is removed. This likely reflects the government's strategy to increase revenue from…
The NCLAT ruled that non-registration under the Companies Act does not remove a secured creditor under the IBC during the CIRP. This clarifies the rights of secured creditors in…
The Supreme Court granted bail to an accused of a PMLA offense, citing delayed trial and prolonged custody. This decision highlights the importance of timely trials in criminal…
The ITAT has set aside a tax addition, citing misinterpretation of Section 69A and a procedural lapse. The tribunal found that the tax authorities had incorrectly applied Section…
The CESTAT has held that an extended limitation period cannot be invoked twice for the same issue. Once a longer limitation period has been applied for a specific matter, it…
The ITAT has held that service receipts are not taxable as Fees for Technical Services FTS under the India-Singapore DTAA due to a lack of knowledge transfer. The tribunal ruled…
The Delhi High Court has held that failure to attach the impugned arbitral award under challenge along with the Section 34 application renders the filing non-est. This ruling…
The Calcutta High Court has held that referral courts under the Arbitration Act cannot indulge in an enquiry into whether claims are time-barred. The court stated that the issue…
The Supreme Court is hearing a suo motu case regarding whether the Lokpal can investigate a complaint against a sitting High Court judge. This case examines the jurisdiction and…
The Delhi High Court refused to quash a 2016 FIR against former DCW Delhi Commission for Women chief Swati Maliwal for naming a 14-year-old rape victim. This case addresses issues…
ShareChat has added new ESOP Employee Stock Option Plan options worth $108 million. This move aims to attract and retain talent by offering employees a stake in the company's…
The Andhra Pradesh High Court has held that the limitation period for the appointment of an arbitrator commences from the date of failure or refusal of the opposite party to…
The Delhi High Court has held that an AO becomes functus officio after the closure of assessment and must put relevant incriminating material to the assessee to re-confer…
The Bombay High Court has held that the ITAT cannot overstep its authority by deciding on merits in a matter where it has already concluded the appeal as not maintainable. This…
The Kerala High Court has held that Article 226 cannot be invoked against a show cause notice issued under Section 74 of the CGST Act at the preliminary stage. This ruling…
The NCLAT has held that the sale of a corporate debtor in liquidation as a going concern beyond 90 days is permissible under the amended Regulation 32A of the Insolvency and…
The NCLAT quashed a plea to block the Committee of Creditors CoC from reviewing BYJU'S BCCI Board of Control for Cricket in India application, concerning insolvency. This ruling…
PhonePe has initiated preparations for its IPO. This signifies the company's intent to go public and raise capital from the market. The IPO process involves various regulatory and…
The Allahabad High Court Bar Association has abstained from work to protest against the non-appointment of judges and the amendment to the Advocates Act. This action highlights…
The Bombay High Court directed enhanced security at family court premises. This directive reflects concerns about safety and security within court facilities. It underscores the…
Swiggy is set to invest Rs 1000 crore in its subsidiary Scootsy for business expansion. This substantial investment signals Swiggy's commitment to growth and diversification. It…
Paisawapas' revenue neared Rs 70 crore in FY24 while remaining profitable. This financial performance demonstrates the company's growth and sustainability. It provides insights…
A23's parent company, Head Digital Works, acquired Adda52 for Rs 491 crore. This acquisition represents a significant development in the online gaming industry. It reflects the…
SolarSquare's losses surged 23x in FY24, indicating significant financial challenges for the company. This financial data provides insights into the company's performance and…
The Delhi High Court Chief Justice remarked that having a Constitution but practicing differently is like having a Hitler who became a dictator legally. This analogy highlights…
The Supreme Court sought a response from the CBI on the bail plea of Partha Chatterjee in the cash-for-jobs scam. This high-profile case involves allegations of corruption and…
The Punjab and Haryana High Court, in the Amritpal Singh case, clarified that the IS panel leaves MPs in place. This clarification addresses specific aspects of the case and…
The Karnataka High Court admitted a PIL questioning the cabinet rank status granted to 42 MLAs and MLCs. This legal challenge scrutinizes the justification and implications of…
The Supreme Court addressed a plea concerning the inclusion of the Are Katika community in the all-India Scheduled Caste list, referencing the Manipur High Court's order on…
A Srinagar court has ordered the arrest of Jitendra Tyagi for non-appearance in a case over making derogatory remarks against Islam and Prophet Muhammad. This action underscores…
The Supreme Court has clarified that High Courts cannot act as a substitute for tribunals while exercising judicial review. This ruling defines the limits of judicial intervention…
The Bombay High Court quashed an FIR against a foreign company booked for unauthorizedly broadcasting Bigg Boss, IPL 2023, and other shows of Colors TV. The court's decision…
The Kerala High Court addressed the issue of removing landslide debris in Wayanad. The court's involvement highlights the importance of disaster management and environmental…
The Patna High Court clarified that the satisfaction of the Executive Magistrate regarding the apprehension of a breach of public peace is a condition precedent for initiating…
The Delhi High Court has appointed Dr. Arul George Scaria as amicus curiae in a copyright infringement suit filed by Anis against OpenAI. The case examines jurisdictional aspects…
The Jammu & Kashmir and Ladakh High Court ruled that a daughter, as a legal heir, cannot be excluded from revenue documents without valid reasons being recorded for such…
The Kerala High Court reiterated its concern about the lack of mandatory jail sentences for hate speech crimes, highlighting the inadequacy of existing legal deterrents. This…
The Bombay High Court highlighted the crippling effect of staff shortages on the court's functioning and urged the state government to take action. This underscores the challenges…
The Patna High Court emphasized that juvenile institutionalization should be a last resort. The court stated that the family is the best institution for the rehabilitation of…
The Supreme Court refused to entertain NewsClick's writ petition against tax demands but granted them one week of interim protection to approach the High Court. This decision…
The Andhra Pradesh High Court has held that an arbitrator other than the named arbitrator cannot be appointed unless there is evidence of partiality or bias against the named…
The CESTAT ruled that a penalty on a co-noticee is not sustainable when the main case is settled under the SVLDRS Sabka Vishwas Legacy Dispute Resolution Scheme . This clarifies…
India has signed an MoU with Argentina to boost the lithium supply chain. This agreement aims to secure access to lithium, a crucial mineral for electric vehicle batteries and…
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