Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The recently enforced India-Sri Lanka Tax Protocol aims to provide double taxation relief along with anti-abuse measures effective from FY 2027.
The Calcutta High Court quashed the wilful defaulter notice issued to SREI, citing non-compliance with RBI master circulars regarding the issuance of such notices.
The Karnataka High Court upheld the disqualification of a company from a tender process due to the director's tax default. The ruling suggests that de facto control by directors in tax compliance is crucial.
The National Company Law Tribunal (NCLT) has ruled that an arbitration agreement does not prevent the recovery of a corporate debtor's electric vehicle assets during the Corporate Insolvency Resolution Process (CIRP), leaving a claim of ₹1.14 crore open for separate adjudication.
The Uttarakhand High Court has dismissed a batch of writ petitions, stating that Section 5 of the Limitation Act cannot be applied to GST appeals filed beyond the four-month statutory deadline. The court emphasized that allowing such appeals would contravene legislative intent.
The Bar Council of India (BCI) has mandated immediate implementation of a circular concerning social media conduct, digital ethics, and professional responsibility for law colleges and State Bar Councils.
CCPA imposed a ₹10 lakh penalty on Amazon due to misleading information in its walkie-talkie product listings. This highlights the responsibility of e-commerce platforms to ensure compliance with consumer protection standards.
The CCPA has levied a ₹10 lakh fine on TradeIndia for failing to include mandatory disclosures in its walkie-talkie product listings. This ruling highlights the necessity of compliance with consumer protection regulations.
The Central Consumer Protection Authority (CCPA) imposed a ₹5 lakh penalty on Jaquar for misleading claims regarding a 50,000-hour LED product lifespan. The authority mandated the discontinuation of such claims pending proper substantiation.
The CDSCO has initiated a review of the use of brand name extensions by pharmaceutical companies in response to industry concerns, indicating potential regulatory changes in the sector.
The NCLT clarified that findings from a forensic audit do not negate a corporate debtor's ownership rights over fixed deposits during CIRP proceedings.
The NCLT held that the Maharashtra Industrial Development Corporation's (MIDC) action to cancel the long-term allotment of an industrial plot during the liquidation of Jet Airways violates legal prohibitions against depleting the debtor's estate.