AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The slow rise of Section 3(m) of the Patents Act in litigation raises questions about its interpretation vis-a-vis European patent law. Authors Swaraj Barooah and Maneesha Gupta argue that these two legal frameworks serve fundamentally different purposes and should not be conflated.
The Telangana High Court allows the manual revocation of GST registrations after cancellation due to the alleged non-existence of business at declared premises.
The Punjab and Haryana High Court has upheld the refund of unutilized ITC, stating that the classification of an intermediary cannot be altered arbitrarily.
The Kerala High Court quashed a composite GST notice covering multiple financial years, stating that separate notices must be issued for each year.
The Kerala High Court ordered a fresh evaluation of the SGST claim, setting aside the writ judgment concerning CGST ITC rejection due to lack of notice.
The article analyzes the implications of NGTP-based GST Input Tax Credit (ITC) denial in Karnataka, focusing on Sections 16, 74, and 74A, and the principles of natural justice for bona fide buyers.
The RBI has released new loan recovery guidance applicable to various banking formats, focusing on operational conduct and borrower protections starting January 2027.
The RBI has released comprehensive loan recovery agent directions for Small Finance Banks (SFBs), focusing on borrower safeguards effective from January 2027.
The RBI has issued draft directions proposing restrictions on revolving credit products for Non-Banking Financial Companies (NBFCs), with comments invited from stakeholders.
The Madras High Court has dismissed a writ petition affirming the RBI Ombudsman’s conclusions regarding grievances related to GST refunds, bank charges, and NPA classification.
In a key ruling, the Delhi High Court clarifies that GNOIDA does not qualify as a government authority under TDS provisions, protecting Sikka Infrastructure from adverse tax implications.
The Chhattisgarh High Court granted bail to a tax consultant accused of using client's KYC documents improperly to create shell companies and secure unauthorized loans. The court noted that the trial would likely take a significant amount of time.
The NCLT has ruled that the absence of NeSL Form D does not preclude the admission of an insolvency petition if financial debt and default are established. This emphasizes the need for substantive evidence over procedural technicalities.