Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Supreme Court's refusal to stay the injunction in Flipkart v. Marc highlights unresolved trademark issues regarding house marks. Legal arguments suggest that while Indian courts are leaning towards using house mark theory, the Trademarks Act lacks a clear framework for such interpretations.
The Karnataka High Court ruled that writ petitions challenging civil trial court orders via certiorari are not maintainable during corporate insolvency. Parties must resort to statutory remedies under the CPC.
The Karnataka High Court ruled against quashing Canara Bank's IBC proceedings, reinforcing that writ petitions under Articles 226 and 227 are not maintainable against pending NCLT cases. This ruling preserves the integrity of the insolvency process.
The Kerala High Court set aside a rejection by the NCLT regarding additional objections, affirming the Tribunal's authority to permit such pleadings during Section 7 proceedings to ensure fair adjudication under IBC.
The Calcutta High Court found no territorial jurisdiction to hear the suit challenging the NCLT-ordered valuation and declined to interfere with the ongoing liquidation process. The ruling highlights the limitations of the High Court's jurisdiction in corporate insolvency matters.
The Delhi High Court has ordered the blocking of various websites illegally streaming cricket matches, affirming Sony Pictures' exclusive media rights. The injunction, granted by Justice Jyoti Singh, directly targets sites like cricfree.cyou.
The Gauhati High Court ruled that PAN Card and EPIC are insufficient as proof of citizenship in Foreigners Tribunal cases without reliable supporting documents.
The Bombay High Court directed the Debt Recovery Tribunal to maintain the status quo on recovery proceedings concerning secured assets pending final adjudication.
The Telangana High Court has established a stringent six-point framework for the provisional release of seized imported second-hand goods, including a mandatory bank guarantee.
The Delhi High Court ruled that reimbursements paid to EY US for secondee services are taxable as Foreign Technical Services (FTS) under Indian tax law. The ruling rests on the premise that the secondees provided technical knowledge to EY India entities.
SEBI plans to restore open market buy-backs through stock exchanges after tax changes improved equity treatment, introducing new compliance safeguards.
SEBI proposes amendments to the SDI Regulations to align with the RBI's framework for securitisation, enhancing market support.