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Dec 29, 20234 min read
Supreme Court Denies Bail to Bureaucrat in Money Laundering Case
Supreme Court denies Saumya Chaurasia bail, citing her involvement in money laundering and misrepresentation.
Dec 28, 20233 min read
Madras High Court Explores the Boundaries of Valuation Report Sharing by Resolution Professionals
Discover how Madras HC addresses unauthorized VR sharing by RPs in liquidation cases, emphasizing strict IBBI guidelines.
Dec 28, 20233 min read
[NCLT] Amounts Payable Under Successful Resolution Plan Do Not Constitute Financial Debt
NCLT rules that plan payments are not 'financial debt' under IBC s.7.
Dec 23, 20234 min read
Delhi High Court Allows Impleadment of Builders Association of India in the Cement Cartel Case
Delhi High Court upholds CCI's decision, allowing BAI's crucial role in the investigation of cement cartelization.
Dec 22, 20235 min read
[Bombay HC] Accused persons can be denied bail, even if they are not directly involved in the predicate offence but can still be prosecuted under PMLA
Introduction In the matter of Sadanand Gangaram Kadam v. Directorate of Enforcement [i] , the Bombay High Court (‘BHC’)  denied bail to...
Dec 22, 20233 min read
The Tribunal Upholds the Validity of Investigations Under S. 213 of the Companies Act, 2013 During CIRP and Liquidation Proceedings
NCLT directs probe into Vikram Structures for illegal sales exceeding 243,037 sq. ft., misappropriating Rs. 136.5 crores.
Dec 6, 20233 min read
Additions Made Without Giving Notice Are Bad in Law
ITAT rules on fair notice in Net Agri Co. v. Tax Officer, stressing procedural fairness in tax law.
Dec 1, 20233 min read
Karnataka High Court Quashes CoC Resolutions Over Procedural Irregularities
Karnataka HC enforces fairness in insolvency, invalidating a CoC decision due to notice flaws
Nov 27, 20236 min read
Madras HC also Holds that Online Rummy and Poker are Games of Skill
Introduction The Madras High Court (‘HC’) in All India Gaming Federation v. The State of Tamil Nadu [1] , partly allowed the appeals...
Nov 24, 20234 min read
Supreme Court Upholds Constitutional Validity of Ss. 95 to 100 of the IBC Provisions Relating to Personal Guarantors
Landmark SC ruling affirms key IBC sections, ensuring fair insolvency processes for personal guarantors.
Nov 22, 20234 min read
Supreme Court’s ruling on the MFN Clause in DTAAs between India and OECD Member Countries
Introduction Justice Ravindra Bhat of the Supreme Court has delivered a landmark judgment in AO Circle v. Nestle SA [ i ] Â on the...
Nov 21, 20235 min read
The Apex Court Denies Bail to Manish Sisodia - Legal Analysis
Introduction The Apex Court, recently in  Manish Sisodia v. Central Bureau of Investigation [i] , denied bail to the former Deputy Chief...
Nov 14, 20233 min read
Impact of CIRP and Moratorium on Tax Appeals: Analysis of ITAT’s Decision
Introduction The Income Tax Appellate Tribunal ( ‘ITAT' ), Delhi Bench, recently rendered a significant decision in the case of DCIT v....
Nov 6, 20233 min read
Supreme Court’s Landmark Decision: Equal Treatment to Government’s Secured Claims in IBC Cases
Introduction Recently in the case of Sanjay Kumar Agarwal v. State Tax Officer & Anr . [i] , the Supreme Court of India ( ‘SC’ )...
Nov 3, 20233 min read
Preserving Judicial Integrity: Limits on Second Petitions under s. 482 of CrPC
Introduction The case Bhisham Lal Verma v. State of Uttar Pradesh & Anr. [i] revolves around the maintainability of a second petition...
Nov 1, 20233 min read
P&H High Court Quashes Summons in GST Inquiry: Explains Scope & Use of S. 70 of CGST Act
Introduction In the case of Rakesh Janghu v. Union of India [i] , the Hon’ble Punjab & Haryana High Court ( ‘the Court’ ) disposed of a...
Nov 1, 20233 min read
Substance over Form: Supreme Court Interprets Contemporaneous Agreements in IL&FS – HDFC Dispute
Introduction Recently in the case of IL&FS Ltd. v. HDFC Bank Ltd. & Anr. [i] , Â the Hon'ble Supreme Court ( 'the SC' ) guided how...
Oct 31, 20235 min read
SC Protects Right to Privacy and Sets 12 Principles for S. 313 CrPC
Introduction In this landmark decision, Indrakunwar v. State of Chhattisgarh [i] , the Supreme Court ( ‘SC’ ) allowed a criminal appeal...
Oct 17, 20235 min read
CBI v. R.R.Kishore: Supreme Court declares Provision of DSPE Act Void since Inception
Introduction On 11.09.2023, the Hon'ble Supreme Court ('the SC') of India delivered a landmark judgment addressing the retrospective...
Oct 14, 20234 min read
Understanding the Karta's Powers: Supreme Court's Ruling in N.S. Balaji Case
Introduction [SC] The Karta of a Hindu Undivided Family (HUF) can sell, dispose of, or transfer any property owned by the HUF, even if a...