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Due Process & Arbitrary Detention: Delhi HC Examines the Boundaries of Arrest Powers Under PMLA
Delhi HC rules on PMLA arrest safeguards, reaffirming procedural compliance, judicial oversight & necessity in financial crime cases.
Dec 19, 20247 min read
Fate of Decree Holders under IBC: Bombay High Court Upholds Finality of Approved Resolution Plan over Enforceability of Decree
Decree Holders' claims under IBC are subject to the resolution plan's finality, ensuring extinguishment of unaddressed pre-approval dues.
Dec 16, 20244 min read
Preponderance of Probability v. Mere Suspicion: Delhi High Court Reaffirms the Need for Concrete Evidence in Clandestine Removal Allegations
Delhi HC emphasises that credible evidence, not mere suspicion, is required to prove clandestine removal in excise duty cases.
Dec 16, 20244 min read
[Punjab & Haryana HC] Special Courts, PMLA Must Exercise Judicial Independence, Not Act as Extensions of the Enforcement Directorate
The High Court ruled that PMLA courts must act independently and cannot permit ED custody without sound legal justification.
Dec 16, 20243 min read
CCI Orders Probe into Google’s RMG Practices for Prima Facie Competition Law Violations
CCI orders probe into Google’s RMG policies for prima facie abuse of dominance, citing market exclusion and discriminatory ad restrictions.
Dec 16, 20245 min read
Delhi High Court: Fund Collection Alone Does Not Constitute Proceeds of Crime, Grants Bail
Delhi High Court grants bail under PMLA, ruling that fund collection without links to a scheduled offence isn't proceeds of crime.
Dec 16, 20244 min read
Investor Protection v. Regulatory Balance: Bombay High Court Upholds SEBI’s Delisting Regulations Under IBC
The Bombay High Court affirms the IBC’s primacy over SEBI rules, balancing delisting regulations with insolvency resolution objectives.
Dec 14, 20245 min read
SEBI Tightens Framework with Amended Regulation 30A of the SEBI (Intermediaries) Regulations, 2008
SEBI's amended Regulation 30A introduces streamlined summary proceedings for intermediaries, enhancing investor protection and compliance.
Dec 14, 20242 min read
SEBI Amends Insider Trading Regulations 2024
SEBI's 2024 amendment to insider trading regulations broadens the scope, refines definitions, and strengthens compliance standards.
Dec 13, 20243 min read
Personal Guarantors in CIRP: NCLAT Explains that Guarantors’ Eligibility as Financial Creditors Under IBC is Conditional on Debt Discharge
Personal guarantors can claim creditor rights in CIRP only after discharging liabilities, ensuring fair voting rights for secured creditors.
Dec 12, 20244 min read
Delhi High Court Quashes Reassessment: Upholds Statutory Time Limits in Tax Cases
The Delhi HC quashes reassessment notices, reinforcing statutory time limits under the Income-tax Act and clarifying procedural safeguards.
Dec 12, 20243 min read
Jurisdictional Integrity in GST Investigations: Karnataka High Court Quashes Proceedings Based on Improper Officer Actions
The Karnataka High Court voided GST proceedings, citing jurisdictional lapses and improper officer actions, reinforcing procedural integrity
Dec 9, 20244 min read
Presumption of Guilt: Supreme Court Restores Conviction in Corruption Case under Prevention of Corruption Act
The SC restores conviction in a bribery case, reinforcing evidentiary standards and accountability under the Prevention of Corruption Act.
Dec 7, 20244 min read
Exploring the Interplay Between Legal and Beneficial Ownership: Insights from the LinkedIn India Case
Discover the legal nuances of beneficial ownership, corporate governance compliance, and lessons from the LinkedIn India case.
Dec 6, 202414 min read
Taxation of Virtual Digital Assets: ITAT Holds Bitcoin Gains to be Taxed as Capital Assets
ITAT rules Bitcoin gains as capital assets, taxable under capital gains, not other income, pre-A.Y. 2022-23.
Dec 6, 20244 min read
Elevating Justice: The Imperative Role & Challenges of Special Courts in Economic Offences Prosecution
Special Courts expedite justice in economic offences, addressing complex financial crimes with expertise while navigating systemic challenge
Dec 5, 202412 min read
CBDT 2024 Amendment: Safe Harbour Rules for Foreign Companies Selling Raw Diamonds in Special Notified Zones
CBDT amends 2024 Safe Harbour Rules, extending coverage for foreign companies selling raw diamonds in Special Notified Zones.
Dec 4, 20243 min read
Comprehensive v. Partial Dispute Resolution: Delhi High Court Restricts the Scope of Settlement under the DTVSV Act
Delhi High Court upholds taxpayer rights under the DTVSV Act, clarifying the autonomy to settle specific disputes without Revenue compulsion
Dec 3, 20244 min read
Economic Offences under IPC: Challenges and Legal Evolution
Economic offences in India challenge traditional laws like the IPC, requiring modern frameworks to tackle evolving financial crimes.
Dec 2, 20247 min read
Prolonged Incarceration Addressed: Calcutta HC Grants Bail in PMLA Case
Highlighting Article 21 of the Constitution, the Calcutta HC granted bail to a petitioner, balancing rights with alleged PMLA violations.
Dec 2, 20242 min read