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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
Reshaping Corporate Landscape: 2023 Amendments to Reporting Beneficial Interests
Introduction On 27.10.2023, the Ministry of Corporate Affairs ( ‘MCA’ ) rolled out a notification [i] introducing significant amendments...
Nov 1, 20232 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...
Nov 1, 20233 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 31, 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 17, 20235 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...
Oct 14, 20234 min read
Landmark Judgments in 2023 Shaping India's Money Laundering Legal Landscape
Introduction The Prevention of Money Laundering Act, 2002 (PMLA) is a crucial legislative instrument that plays a significant role in the...
Oct 13, 202315 min read
ITAT Delhi Ruling: WhatsApp Chats Alone Insufficient for Addition under S. 69C of the Income Tax Act
In the case of Designers Point (India) P. Ltd. v. ACIT, New Delhi [i] , the Income Tax Appellate Tribunal – Delhi (‘ITAT’) allowed the...
Oct 13, 20233 min read
Quantification of Proceeds of Crime Under PMLA
The Prevention of Money Laundering Act, 2002 (PMLA) has been in the news due to recent high-profile cases, such as Vijay Madan Lal...
Oct 13, 20239 min read
Legal Safeguards and Transparency Under S. 19 Of The PMLA: Pankaj Bansal v. Union of India
Introduction The case at hand pertains to a significant legal matter involving the interpretation and application of s. 19 of the...
Oct 12, 20235 min read
FEMA and FCRA: The interplay arising from OI Regulations
This article sheds light on the relationship between two significant laws in India, namely, the Foreign Exchange Management Act, 1999...
Oct 10, 20239 min read
[Telangana HC] GST Implications of Personal Guarantees by Directors
Introduction It is a common practice for companies to borrow money, and/or raise a loan from banks and/or financial institutions during...
Oct 9, 20234 min read