NCLT Mumbai held that application u/s. 9 of the Insolvency and Bankruptcy Code [IBC] after three years of MSME Council Awards ...

With introduction of GST, the ministry of commerce introduced budgetary support for remainder period by granting refund of ...

“An Indian Company engaged in sector/activity prohibited for FDI is permitted to issue bonus shares to its pre-existing ...

5. Heard the appellant. It is observed that the ROC has imposed a penalty of Rs.9,87,000/- on the company and Rs.5,37,000/- ...

ITAT Hyderabad held that reopening of assessment u/s. 148 of the Income Tax Act is void-ab-initio since income escaped assessment doesn’t exceed Rs. 50 lakhs or more. Accordingly, assessment order ...

ITAT Chandigarh held that cash deposits in assessee’s bank account was less than the amount mentioned in the reopening notice and thus reasons recorded by the AO were not found to be valid and, ...

Kerala High Court held that proceedings punishable under section 13 (1) (d) r.w.s. 13 (2) of the Prevention of Corruption Act, 1988 not justified since illegal gratification of Rs. 1.5 crore against ...

ITAT Delhi held that addition under section 68 of the Income Tax Act by treating LTCG as bogus merely on the basis of assumption and conjecture is not sustainable in law since purchase and sale of ...

Section 45-IA (1) (b) of the Reserve Bank of India Act, 1934, empowers the RBI to lay down the Net Owned Fund (NOF) requirement as a precondition for obtaining or continuing to hold a Certificate of ...

Towards the end of 2023, the Indian government took a daring initiated to reform the criminal justice process by proposing the Bhartiya Nagarik Suraksha Sanhita (BNSS), a new law to replace the ...

Arbitrability of healthcare and medical tourism Conflicts in India A comparative study of US & EU Jurisdictions. Abstract: Paper focuses on arbitrability of medical disputes and m ...

The fault with India’s legal system has been its inefficiency, as well as inaccessibility that results from the delays and exorbitant costs, and lengthening pendency of cases: However, Artificial ...