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Supreme Court mulls guidelines on conduct of Advocates on Record: Following a blame game between a Senior Advocate and an Advocate on Record AOR over a false statement, the…
Kerala court seeks records in anticipatory bail case: A Kerala court sought records from the police and adjourned the hearing on anticipatory bail for PP Divya, accused of…
The Supreme Court of India voiced concerns about the increasing number of unnecessary prosecutions in abetment of suicide cases, which are often based on weak legal grounds. The…
Madras High Court on Article 161 and Governor's Decision: The Madras High Court ruled that the Governor is bound by the decision of the State under Article 161 of the…
Madhya Pradesh High Court quashes extended detention under NSA: The Madhya Pradesh High Court quashed the extended detention of an individual under the National Security Act NSA ,…
Punjab and Haryana High Court upholds termination for misconduct: The Punjab and Haryana High Court upheld the dismissal of an employee with a history of misconduct, despite the…
Supreme Court criticizes ED's questioning practices: The Supreme Court criticized the Enforcement Directorate ED for its overnight questioning practices, calling them…
NCLAT upholds Central Government takeover of Delhi Gymkhana Club: The National Company Law Appellate Tribunal NCLAT upheld the Central Government's decision to take over the…
Interference under Article 227 permissible Delhi HC : The Delhi High Court ruled that interference under Article 227 of the Constitution is permissible if the arbitrator's order…
Right to seek reference to arbitration waived Delhi HC : The Delhi High Court ruled that the right to seek reference to arbitration under Section 8 of the Arbitration Act can be…
Conveyance expenses not deemed dividend Delhi ITAT : The Delhi ITAT ruled that conveyance expenses incurred by a holding company on behalf of its subsidiary are not deemed…
Product business similarity for Arm's Length Price Delhi HC : The Delhi High Court ruled that product and business similarity is necessary for including or excluding comparables…
Delhi High Court on bail, suspension of sentence, and surety bond: The Delhi High Court clarified the legal principles governing bail, suspension of sentences, and the requirement…
Allahabad High Court denies bail to government school principal accused of sexual abuse: The Allahabad High Court denied bail to a government school principal accused of sexually…
Rajasthan High Court on investigation without approval under Section 17A of Prevention of Corruption Act: The Rajasthan High Court ruled that investigations conducted without…
PhonePe narrows net loss to INR 1,996 Cr in FY24: Fintech giant PhonePe reported a reduction in its net loss to INR 1,996 crore for the financial year 2024. The company's efforts…
The Calcutta High Court declined to stay the relocation of National Company Law Tribunal NCLT premises despite objections from lawyers citing inconvenience. The court held that…
The Supreme Court agreed to hear a plea urging the restoration of Jammu and Kashmir’s statehood within two months. The plea argues that the current status of the region as a Union…
A Delhi court granted bail to Lalu Prasad Yadav and Tejashwi Yadav in a money laundering case related to the "land for jobs" scam. The court highlighted that they were not flight…
Advance Mobility bags $3 million from India Accelerator, Finvolve: Electric vehicle startup Advance Mobility secured $3 million in funding from India Accelerator and Finvolve. The…
Groww's FY24 revenue more than doubles to INR 3,145 Cr: Investment platform Groww reported that its revenue more than doubled to INR 3,145 crore for the financial year 2024. The…
Navi calls off INR 1 lakh Cr bond sale after RBI crackdown: Financial services company Navi Technologies called off its INR 1 lakh crore bond sale following a crackdown by the…
Deepinder Goyal incubates health-tracking, mental wellness-focused venture: Deepinder Goyal, co-founder of Zomato, is incubating a new venture focused on health tracking and…
Titan Capital closes new fund at INR 333 Cr: Titan Capital, a venture capital firm, closed a new fund at INR 333 crore. The fund aims to invest in early-stage startups across…
The Supreme Court overturned a death sentence given to a watchman convicted of dacoity and murder, citing insufficient evidence and doubts over the trial court's judgment. The…
MP High Court on Recovery of Excess Payment from Retired Employee: The Madhya Pradesh High Court ruled that the recovery of excess payment from a retired employee is impermissible…
Delhi High Court on bail, suspension of sentence, and surety bond: The Delhi High Court clarified the legal principles governing bail, suspension of sentences, and the requirement…
It's our collective responsibility to improve corporate governance: The NFRA Chief emphasized the need for improved corporate governance and adherence to global standards. The…
Indian apparel exporters to see 9-11% revenue growth in FY25: Indian apparel exporters are projected to achieve 9-11% revenue growth in FY25, driven by robust demand from…
Great Learning's revenue crosses $100 million mark: Edtech startup Great Learning reported that its revenue has crossed the $100 million mark. The company attributed its growth to…
Nazara raises INR 220 Cr from SBI Mutual Fund: Nazara Technologies, a gaming and sports media company, raised INR 220 crore from SBI Mutual Fund. The investment aims to support…
Ola Electric responds to CCPA show cause notice: Ola Electric responded to the Central Consumer Protection Authority's CCPA show cause notice regarding alleged violations of…
Supreme Court refrains from action on premature bail plea listing: The Supreme Court decided not to take any action against its registry for the premature listing of a bail plea.…
Quashing PMLA cases like false Section 498A cases Supreme Court : The Supreme Court expressed concerns over the misuse of the Prevention of Money Laundering Act PMLA and warned…
Wife calling husband "hijda" is cruelty Punjab and Haryana HC : The Punjab and Haryana High Court ruled that a wife calling her husband "hijda" a derogatory term implying…
The Supreme Court affirmed the Uttarakhand High Court’s judgment on the regularization of UNPL workers. The court upheld the decision to regularize the services of workers who had…
The Supreme Court issued a notice on a plea challenging the Punjab Panchayat polls over alleged irregularities. The petitioners argued that the elections were marred by widespread…
The Supreme Court disapproved of the Telangana High Court’s decision to defer the Corporate Insolvency Resolution Process CIRP under Article 226 of the Constitution. The Supreme…
The Supreme Court ruled that in an agreement to sell property under joint ownership, the onus is on the plaintiff to secure the consent of all co-owners. The court emphasized that…
The NCLAT ruled that claims filed after the liquidation commencement date are valid in insolvency proceedings. The tribunal emphasized that the Insolvency and Bankruptcy Code IBC…
The NCLAT set aside the CIRP against Jaypee Healthcare after a settlement was reached with financial creditors. The tribunal noted that the settlement addressed the claims of the…
The Supreme Court disapproved of the Telangana High Court’s decision to defer the Corporate Insolvency Resolution Process CIRP under Article 226 of the Constitution. The Supreme…
The Delhi Court ruled that under Section 34 of the Arbitration Act, the court cannot substitute its own views or the views of the parties with those of the arbitral tribunal. The…
The Software Technology Parks of India STPI will support 25 startups under its LEAP Ahead 2.0 program. This initiative aims to foster innovation and entrepreneurship in the tech…
The Bengaluru District Court held that an unsuccessful litigant in arbitral proceedings cannot claim interim relief under Section 9 of the Arbitration Act. The court emphasized…
The Gujarat High Court ruled that a notice issued under Section 148A b of the Income Tax Act against a dissolved firm is invalid. The court emphasized that once a firm is…
The ITAT ordered a reassessment after finding that an auditor’s incorrect reporting of income already credited to the profit and loss account led to an addition of ₹54,17,992. The…
The ITAT ruled that interest income from cooperative banks is eligible for deduction under Section 80P 2 d of the Income Tax Act. The case involved an assessee claiming deduction…
The ITAT invalidated the reopening of an assessment under Section 147 of the Income Tax Act due to reliance on incorrect facts. The tribunal found that the reassessment was based…
The Madras High Court quashed an assessment order issued under GST DRC-01 for the wrong assessment year. The court found that the authorities had made an error in issuing the…
Supreme Court mulls guidelines on conduct of Advocates on Record: Following a blame game between a Senior Advocate and an Advocate on Record AOR over a false statement, the…
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