Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Bombay High Court has upheld the IBBI's Regulation 31A, permitting a 0.25% regulatory fee on the realisable value to creditors. This affirmation assures the standing of IBBI as a regulatory body during the Corporate Insolvency Resolution Process (CIRP).
The NCLAT has restored the corporate debtor's right to file a reply in insolvency proceedings, emphasizing that a litigant should not suffer due to their counsel's lapse. This ruling reinforces the importance of natural justice in insolvency protocols.
The CAG’s 2026 Performance Audit Report on Project Imports highlights a revenue risk of ₹2,128.58 crore and identifies procedural irregularities worth ₹22,979.33 crore in the Customs Project Imports Scheme. This report raises concerns over compliance and financial oversight.
CESTAT Delhi has ruled that interest on delayed IGST payments on imports cannot be refunded, emphasizing that IGST functions as a tax on supply rather than customs duty. This clarification will have consequential impacts on refund claims.
The CESTAT Delhi has overturned a re-classification of various aluminium products under CTH 8708, asserting that classification should reflect the goods as imported, not their intended use. This ruling clarifies import classifications.
In a significant ruling, the Delhi High Court has applied Section 14 principles post-ITC Ltd's customs refund law modification, allowing the exclusion of the qualifying period for appeals. This decision may influence future customs refund claims.
The Delhi High Court has clarified that separate Show Cause Notices (SCNs) maintain their legal identity even when they are based on a common investigation. This ruling allows for appeals on individual SCNs to proceed.
The Bombay High Court has stayed a Customs appellate order that directed the absolute confiscation of goods from Raj Grow Impex, which contravened earlier release orders by the court. This ruling emphasizes the importance of adhering to judicial precedents in Customs matters.
The Jammu and Kashmir High Court is set to determine if the recently enacted criminal laws can be applied retrospectively to a case involving defamation occurring prior to 2024, highlighting significant implications for new legislation.
The Supreme Court will hear a petition by journalist Abhishek Upadhyay seeking to quash an FIR linked to a road rage incident, which he claims is a retaliatory action for his reports on alleged corruption in the Ram Mandir Trust.
The Reserve Bank of India (RBI) has issued a notification regarding amendments to 21 entries under Section 51A of the UAPA, 1967, in compliance with updates from the UNSC’s 1267/1989 ISIL (Da'esh) and Al-Qaida sanctions list. This amendment is crucial for financial institutions in ensuring compliance with international sanctions.
The article discusses India's ongoing intermediate liability framework and the recent challenges posed by copyright enforcement. The Delhi High Court has sought clarity on these matters from Meta, marking a pivotal moment in digital copyright law.