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[SC] Writ petition challenging reassessment cannot be dismissed merely based on alternative remedy
The Supreme Court of India recently, in Red Chilli International Sales v ITO [2023] 146 taxmann.com 224 (SC), set aside a judgment of...
Jan 17, 20232 min read
[Raj HC] ECIR can neither be provided nor quashed even if persons not named in FIR or ED complaint
The Rajasthan High Court recently, in Sky Light Hospitality LLP v Union of India 2022 SCC OnLine Raj 2530 , held that even though the...
Jan 9, 20234 min read
[Delhi HC] Twin conditions for bail u/s 212(6) of Companies Act not applicable to women
The Delhi High Court, in Komal Chadha v SFIO 2022 SCC OnLine Del 4543 , has recently held in a decision involving custody of a woman...
Dec 28, 20223 min read
[Del HC] Pre-deposit of 20% tax demand not a prerequisite for keeping tax recovery in abeyance
The Delhi High Court, in Dabur India Limited v CIT (TDS) [2023] 146 taxmann.com 315 (Delhi) , has held that the requirement of...
Dec 14, 20223 min read
[SC] CIRP can be initiated against a person who acted in dual capacity as a borrower and a pledgor
The Supreme Court has held, in Maitreya Doshi v Anand Rathi Global Finance Limited 2022 SCC OnLine SC 1276 , that corporate insolvency...
Oct 10, 20223 min read
[Gujarat HC] Natural Justice Principles Not Applicable in CCI’s Preliminary Investigations
Introduction The Gujarat High Court delivered a judgment on 09.09.2022 in the case of M/s Shree Shivam Corporation through its Sole...
Sep 23, 20223 min read
Supremacy of IBC over Customs Act: Supreme Court’s Protective Shield for Corporate Debtors
Introduction On 26.08.2022, the Supreme Court ( ‘SC’ ) delivered a seminal verdict in the case of Sundresh Bhatt, Liquidator of ABG...
Sep 9, 20225 min read
[SC] Independent and Non-Executive Directors not criminally liable if not conducting the business
The Supreme Court recently held that no liability could be fixed on independent, non-executive directors who were not involved in the...
Aug 20, 20223 min read