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Boardroom Battles: An Analysis of NCLT’s Dismissal in the Om Shiv Shakti Corporate Dispute
Exploring the NCLT's ruling on no mismanagement in selling less-valued land due to urgent financial needs & market conditions.
Mar 16, 20243 min read
Supreme Court Reiterates: No Withdrawal is Permitted for Resolution Plans Once Approved by the Committee of Creditors
SC enforces strict adherence to CoC-approved Plans, barring unilateral withdrawals except in cases of fraud.
Mar 14, 20243 min read
Balancing the Scales: How Anticipatory Bail Shapes Economic Justice in GST Fraud Cases
Anshul Goyal v. State of UP:AHC denies anticipatory bail in a major GST fraud case, emphasizing the legal gravity & public interest at stake
Mar 13, 20243 min read
CCI Introduces Regulations to Streamline Determination of Turnover and Income
Introduction The Competition Commission of India ( ‘CCI’ ) has recently introduced the CCI (Determination of Turnover or Income)...
Mar 11, 20242 min read
Bombay High Court Clarifies the Interplay between IBC and PMLA in Asset Release Post CIRP
Introduction In a landmark ruling, the Hon’ble Bombay High Court ( ‘HC’ ) addressed a pivotal issue concerning the interplay between the...
Mar 11, 20244 min read
Transparency Upheld: Bombay HC lays down Guidelines in Wilful Default Declarations
Introduction This case, Milind Patel v. Union of India, [i] pertains to a petition filed before the Bombay High Court ( ‘HC’ ) by the...
Mar 11, 20244 min read
CCI’s New Era of Enforcement: An Overview of its Guidelines on Monetary Penalties
Introduction On 06.03.2024, the Competition Commission of India ( ‘CCI’ ) promulgated a significant legal instrument: the CCI...
Mar 11, 20243 min read
Redefining Judicial Authority: The Supreme Court’s Landmark Ruling on Stay Orders and Procedural Fairness
The SC's pivotal ruling on stay orders redefines procedural fairness, emphasizing a balance between efficiency and justice.
Mar 9, 20242 min read
Coercion Claims in Tax Proceedings: Bombay HC differentiates between Coercive Tax Deposit & Strategic Compliance
Explore how Bombay HC delineates between voluntary compliance and coercion in tax disputes, affirming legal standards.
Mar 9, 20243 min read
Partial Quashing of FIRs Based on Partial Compromises
Exploring the PHC's referral on FIR quashing: Can partial compromises justify selective legal relief for accused?
Mar 8, 20245 min read
Beyond Corporate Dissolution: Ensuring Directorial Accountability for Company Debts
Introduction In the case of Biman Bangladesh Airlines Limited v. Kuka Travels Private Ltd. [i] , the High Court of Calcutta (' HC' )...
Mar 7, 20242 min read
Ensuring Procedural Fairness: The Delhi High Court Upholds ITAT Decision in Forum Sales Pvt. Ltd. Case
The Delhi High Court highlights the need for just procedures in tax assessments, ensuring fairness and transparency.
Mar 4, 20243 min read