Profile
Prashant Singh is a Principal Associate at Metalegal Advocates with over five years of experience in white-collar crime, economic offences, taxation disputes, insolvency matters, and regulatory enforcement proceedings. He advises and represents corporates, promoters, financial institutions, and individuals across a broad spectrum of contentious and advisory matters.
His practice focuses on proceedings under the Prevention of Money Laundering Act, GST laws, Income-tax Act, Black Money Act, Insolvency and Bankruptcy Code, and allied regulatory frameworks. He regularly represents clients before courts, tribunals, statutory authorities, and enforcement agencies, including the Enforcement Directorate, DGGI, Income Tax Department, SFIO, and CBI.
Known for his strategic approach to dispute resolution and regulatory defence, Prashant combines legal expertise with practical commercial understanding to deliver effective outcomes in high-stakes matters.
Education
LL.B., Faculty of Law, University of Delhi
B.Sc. (Physics) (Hons.), University of Delhi
Professional Affiliations
Bar Council of India
Delhi High Court Bar Association
Practice
Economic Offences | Litigation | Tax Law
Key Assignments
Advising and representing clients in proceedings under the PMLA, including matters before the Adjudicating Authority, Appellate Tribunal, and Special Courts.
Leading GST litigation involving allegations of tax evasion, regulatory investigations, show cause proceedings, and appellate challenges.
Representing clients in assessment, appellate, prosecution, and enforcement proceedings under the Income-tax Act and Black Money Act.
Advising clients in constitutional and writ litigation challenging coercive enforcement actions, including attachments, freezing orders, and detention actions.
Assisting in insolvency and restructuring matters, including CIRP processes, stakeholder coordination, and resolution planning.
2025-04-09
4
min read
SEBI Cracks Down on Anchor Trading: Declares CNBC Anchor’s Conduct as Abuse of Market Privilege
SEBI has passed a landmark order against CNBC anchor Hemant Ghai for abusing media privilege to front-run stock tips for personal gain. By executing trades ahead of on-air recommendations via family accounts, and falsifying records, he violated market integrity norms. The order reaffirms SEBI’s stance on treating media-driven tip-offs as material non-public information under PFUTP regulations.
2025-04-28T10:58:19.511Z
6
min read
ITAT Resolves Conflicting Views and Allows Full Deduction of PE Expenses under the Pre-Amended Article 7(3) of the India-UAE DTAA
Special Bench of ITAT rules in favour of Mashreq Bank, allowing full PE expense deductions under pre-2008 India–UAE tax treaty.
2025-02-02T18:30:00Z
6
min read
The Impact of the Finance Act, 2021 on Reassessment: Delhi HC Sets Aside Reassessment Due to Non-Compliance with Sections 148A and 151 under the Income-tax Act, 1961
This write-up analyses the Delhi High Court's ruling in Rohit Kumar v. ITO, which invalidated a reassessment under the Income-tax Act due to procedural non-compliance post-Finance Act, 2021. The judgment affirms the binding nature of Sections 148A and 151, reiterating that digital signature dates determine notice validity and reassessment thresholds must be adhered to strictly.