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Aug 31, 20246 min read
Supreme Court on Anticipatory Bail under SC/ST Act: Interpretation of Sections 18 and 3
Exploring the Supreme Court's nuanced stance on anticipatory bail within the SC/ST Act through pivotal rulings.
Aug 30, 20243 min read
Excessive Bail is no Bail – Supreme Court Relaxes Bail Conditions
SC rules on unified sureties for multiple FIRs, easing the bail process across states, upholding fundamental rights under Article 21
Aug 30, 20245 min read
Drawing the Line: Supreme Court Reminds that Cheating and Criminal Breach of Trust are Distinct & Cannot Co-exist
Supreme Court clarifies: mere non-payment of debts does not establish criminal liability, underscoring the separation of civil and criminal
Aug 29, 20243 min read
Supreme Court Acquits Accused Due to Inadmissible Evidence and Procedural Lapses in NDPS Case
Analysis of a landmark Supreme Court verdict, highlighting key legal errors in NDPS convictions and procedural integrity
Aug 26, 20242 min read
Delhi High Court Reinforces the Jurisdiction and Scope of Powers of NCLT
The Delhi High Court confirms NCLT's authority to handle cases involving forged documents, expanding its role in complex company disputes.
Aug 25, 20243 min read
Appellate Tribunal SAFEMA Revisits Penalty Proportionality: Balancing Compliance, Proportionality, and Regulatory Oversight under FEMA
The SAFEMA Tribunal reduced penalties under FEMA, recognising the importance of proportionality in regulatory enforcement and compliance.
Aug 24, 20244 min read
Allahabad High Court Quashes Unreasoned Summoning in Benami Case: Emphasizes Judicial Scrutiny
The Allahabad HC stresses the need for reasoned summoning orders in benami cases, ensuring proper judicial scrutiny and legal adherence.
Aug 23, 20244 min read
Delhi High Court Balances Between the Right to Travel & National Economic Interests: A Judicial Pattern in the Making?
The Delhi HC balances personal liberty with national economic interests, upholding travel restrictions amid ongoing financial investigations
Aug 22, 20244 min read
[Rajasthan HC] Arbitration Application Allowed Despite Respondents' Objections Regarding Procedural Requirements, Limitations, and Quantum of Claim
Rajasthan HC rules in favour of L&T, dismissing RUIDP's objections on procedural grounds and claim limits in an arbitration case.
Aug 20, 20243 min read
Tribunal Confirms Asset Confiscation Under FERA, Differentiating Adjudication from Prosecution Proceedings
The Tribunal upheld asset confiscation under FERA, affirming that prosecution and adjudication proceedings are independent processes.
Aug 19, 20244 min read
[Delhi HC] Settlement for Dispute Regarding Sweat Equity Shares Taxable as Long-term Capital Gains, Not Salary
Delhi HC rules settlement from sweat equity share disputes as capital gains, not salary.
Aug 17, 20246 min read
Breaking the ‘Snake & Ladder’ Cycle: Supreme Court Upholds Right to Speedy Trial, Grants Bail Amid Prolonged Incarceration in PMLA Cases
Supreme Court grants bail, emphasises right to speedy trial in PMLA case, marking a judicial shift.
Aug 16, 20244 min read
Acquittal in Cheque Bounce Case: Supreme Court Emphasises Evidence Over Presumption
SC upholds acquittal in cheque bounce case, emphasising robust evidence over mere legal presumption.
Aug 16, 20243 min read
Calcutta High Court Clarifies Personal Guarantor's Liability in Debt Assignment
Calcutta HC rules on PG liabilities, affirming non-exemption in debt shifts, upholding creditor rights under specified conditions.
Aug 14, 20243 min read
NCLT Kolkata: Leasehold Rights Cannot Be Terminated Through Resolution Plan Without Due Process
NCLT Kolkata holds that leasehold rights cannot be extinguished via resolution plans without adhering to due legal process under IBC.
Aug 12, 20243 min read
Delhi High Court Upholds Clean Slate Principle: S. 32A of the IBC Different from Moratorium Period
Delhi HC rules: A corporate debtor's assets are shielded from past liabilities once a resolution plan is approved, per s.32A of the IBC.
Aug 12, 20243 min read
Exclusion of VAT from Taxable Turnover: Supreme Court Clarifies ‘Purchase Price’
Supreme Court's verdict reinforces the strict interpretation of tax laws, excluding VAT from ‘purchase price’ in GVAT Act calculations.
Aug 10, 20244 min read
Revaluation of Assets as Capital Gains: ITAT Rules that Asset Revaluation Constitutes Transfer ‘Otherwise’ Under S. 45(4) of the ITA
ITAT Hyderabad clarifies that crediting revalued assets to partner accounts triggers capital gains under ITA's s. 45(4).
Aug 10, 20243 min read
Natural Justice and Procedural Compliance in GST Adjudication: A Judicial Interpretation by Allahabad HC
An analysis of how courts address natural justice and procedural compliance in GST cases, highlighting key taxpayer obligations and remedies
Aug 9, 20243 min read
Bombay High Court Invalidates Reassessment for Non-Compliance with S. 151A: A Critical Review of Procedural Errors in Tax Notices
Ruling quashes tax reassessment due to flawed procedural compliance, underscoring legal adherence necessities.