Clipped from: https://www.thehindubusinessline.com/economy/logistics/sc-gives-spicejet-a-three-week-reprieve/article64943085.ece Earlier, a Division Bench of the Madras High Court had dismissed the appeal by SpiceJet against a Single Judge Bench order of December
Category: Legal
DHFL case: Piramal mulls legal options as NCLAT seeks CoC to consider 63 Moons’ plea – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/piramal-enterprises-ltd-will-continue-to-pursue-the-matter-as-multiple-legal-options-available/article64942898.ece Earlier, 63 Moons had petitioned NCLAT against Piramal regarding ascribing the value of recoverable assets Piramal Enterprises Ltd on Friday said it will
From powers of NCLT and HCs to DRAT rules, here’re key court orders | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/from-powers-of-nclt-and-hcs-to-drat-rules-here-re-key-court-orders-121010501375_1.html Several courts have been found to omit the ‘future prospects’ in income of youth who die in road accidents while calculating compensation Balancing
GST authorities arrest 27-yr old for issuing bogus Rs 1,000 cr bills | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gst-authorities-arrest-27-yr-old-for-issuing-bogus-rs-1-000-cr-bills-122012700058_1.html A local court remanded the arrested accused to judicial custody for 14 days Illustration An ‘accountant’ has been arrested for allegedly issuing bogus
Interest on non-payment of GST may be recovered without notice | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/interest-on-non-payment-of-gst-may-be-recovered-without-notice-122012700051_1.html But with court backing, the authorities are considering doing it in some cases of mismatch in the invoices Photo: Shutterstock Backed by a
SC stays SAT order directing Sebi’s AO to appear before it | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/sc-stays-sat-order-directing-sebi-s-ao-to-appear-before-it-122012401167_1.html A bench of Justices Vineet Saran and Aniruddha Bose issued notice on an appeal filed by the Securities and Exchange Board of India
Striking a balance between big data analytics and confidentiality – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/data-analytics-and-confidentiality-the-way-forward/article64930778.ece The objectives of using big data must be clearly spelt out, as also its cost of operation and maintenance Big data refers to
What are your legal liabilities if you help your brother or sister take a loan or guarantee it – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/what-are-your-legal-liabilities-if-you-help-your-brother-or-sister-take-a-loan-or-guarantee-it/articleshow/89054372.cms SynopsisIf you are a financial guarantor, you will be responsible for repaying the entire loan in case your sibling is unable to do
I-T notice issued against a dead person not valid: Delhi HC – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/news/national/no-it-notice-proceeding-in-the-name-of-dead-person-delhi-hc/article64929571.ece The Court also highlighted from previous ruling that it is not a statutory obligation on the part of legal heir to inform the
Daughters to inherit fathers’ self acquired, other properties, get preference over others: SC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/daughters-to-inherit-fathers-self-acquired-inherited-properties-to-get-preference-over-otherssc/articleshow/89032972.cmsSynopsis Justice Murari, writing the 51-page judgment for the bench, also dealt with the question of whether such property will devolve on to the
My mother has willed her property to my brother, do I have any claim over it? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/my-mother-has-willed-her-property-to-my-brother-do-i-have-any-claim-over-it/articleshow/88914854.cmsSynopsis The son cannot lay claim to the property or have any right over it till the time you are alive, even if you
itr portal glitches: Fix ITR portal glitches or we will extend tax return filing deadline: Gujarat HC to income tax dept – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/fix-itr-portal-glitches-or-we-will-extend-tax-return-filing-deadline-gujarat-hc-to-income-tax-dept/articleshow/89011399.cmsSynopsis The Gujarat HC refused to issue directions on Tuesday, but insisted on assurance from the “highest authority” that in case of difficulty faced
National e-commerce policy to script arm’s-length rulebook | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/in-the-works-national-e-commerce-policy-to-script-arm-s-length-rulebook-122011800054_1.html To apply to all platforms engaged in buying and selling, including social media The consumer affairs ministry is preparing a revised and perhaps
Compare builder agreement with your state’s model deal: Analysts | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/compare-builder-agreement-with-your-state-s-model-deal-analysts-122011901879_1.html Beware of broad definitions of force majeure clause The Supreme Court recently asked the Centre to draft a model builder-buyer agreement that states
Bank loan fraud: Enforcement Directorate arrests MD of Hyderabad firm | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/bank-loan-fraud-enforcement-directorate-arrests-md-of-hyderabad-firm-122011801504_1.html Avasarala Venkateswara Rao of Servomax India Private Limited (SIPL) was arrested on Monday The office of Enforcement Directorate (ED). Photo: Suryakant Niwate The
HC is required to re-appreciate entire evidence in case of acquittal: SC | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/hc-is-required-to-re-appreciate-entire-evidence-in-case-of-acquittal-sc-122011801345_1.html The Supreme Court on Tuesday held that in case of acquittal in a criminal matter, being the first appellate court, the High Court
Devas deal & its aftermath | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/devas-antrix-deal-explained-7730674/ On Monday, the Supreme Court upheld a May 25, 2021 order of the National Company Law Tribunal (NCLT) to liquidate Devas on the
Taxman challenges HC order quashing reassessment notices – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/taxman-challenges-hc-order-quashing-reassessment-notices/articleshow/88981683.cmsSynopsis In the 2021 budget, the government had amended a provision governing reassessment proceedings under Section 148 of the Income-Tax Act, 1961. The amendment
Cannot allow builders to fleece the middle-class: SC – The Hindu
Clipped from: https://www.thehindu.com/news/national/cannot-allow-builders-to-fleece-the-middle-class-sc/article38282235.ece Frame a model “model builder-buyer and agent-buyer” agreement to ensure fair play, it tells Centre The Supreme Court on Monday told the Centre
AAAR ruling on salary to impact head office-branch GST dynamics – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/aaar-ruling-on-salary-to-impact-head-office-branch-gst-dynamics/articleshow/88938019.cmsSynopsis Cummins India had approached the AAAR with questions including whether allocation of the cost of employees’ salary by the head /corporate office to
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