Various Courtsintellectual_property
Weekly Review of IP Developments (31 Aug - 6 Sep 2026)
This review highlights significant IP developments over the past week, including notable cases and regulatory updates.
Sep 10, 2026Read more →
Legal News & Insights
AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
Latest Articles
SEBIcorporate
Merchant Banker Exemption Proposed for Small-Value Debt Private Placements
SEBI proposes exempting listed issuers from mandatory appointment of merchant bankers for small-value private placements under Rs.10,000.
Sep 10, 2026Read more →
SEBIcorporate
InvIT Auditor Tenure Set at Five Years by SEBI
SEBI's Regulation 10(6) establishes a fixed tenure of five years for InvIT auditors but does not allow for shorter initial terms following the 2023 amendment.
Sep 10, 2026Read more →
SEBIcorporateinvestment
SEBI Removes Investor Group Details Requirement for FPIs in Government Securities
SEBI has modified the FPI Master Circular, exempting foreign portfolio investors (FPIs) investing solely in government securities from providing investor group details, effective immediately.
Sep 10, 2026Read more →
SEBIcorporate
Pricing & Calculation of Frequently Traded Shares Under SEBI ICDR Regulations
A recent overview details the pricing mechanisms for frequently traded shares under SEBI ICDR regulations, clarifying the methods for volume-weighted average price versus market price.
Sep 10, 2026Read more →
N/Atax
When Can GST Officers Visit Business Premises? GST Powers Explained
This article outlines the powers of GST officers to visit business premises, including the scope of audits, inspections, and the legal basis for their authority under Rule 25. It emphasizes the procedural aspects of compliance for businesses.
Sep 10, 2026Read more →
Income Tax Appellate Tribunal, Delhitax
ITAT Delhi Deletes Section 69A Addition on Locker Cash
The ITAT Delhi has struck down the addition made under Section 69A concerning cash found in a locker as insufficiently substantiated. The ruling highlights the necessity for credible material to support tax additions.
Sep 10, 2026Read more →
Income Tax Appellate Tribunal, Panajitax
ITAT Panaji Applies 8% on Unaccounted Sales, Rejects Section 115BBE
The ITAT Panaji has determined that an 8% profit margin is applicable to unaccounted bullion sales, thereby rejecting Section 115BBE. The ruling validates normal commercial practices over stringent penal provisions.
Sep 10, 2026Read more →
Patna High Courttax
Patna HC Remands GST Matter After Proprietor's Death
The Patna High Court has remanded a matter involving the cancellation of GST registration following the death of the sole proprietor. This ruling emphasizes the rights of legal heirs in tax proceedings.
Sep 10, 2026Read more →
Delhi High Courttax
Delhi HC Permits Belated Revised Return for Double Taxation
The Delhi High Court allowed a taxpayer to file a belated revised return after discovering that the same income of Rs. 7.58 crore was taxed in both AY 2016-17 and AY 2018-19. This ruling highlights the importance of accurate tax assessments and the provisions for revising returns.
Sep 10, 2026Read more →
NCLTcorporate
NCLT Admits CIRP Over ₹2.35 Cr Claim Establishing Operational Debt
The NCLT has admitted a Corporate Insolvency Resolution Process (CIRP) in a case involving a ₹2.35 crore claim, affirming that evidence from invoices, TDS deductions, and part-payments substantiated the existence of operational debt.
Sep 10, 2026Read more →
NCLATcorporate
NCLAT Denies Admission of ₹1,885.08 Cr Claim Due to Conflicting Debts
In a recent judgment, the NCLAT rejected the admission of a claim for ₹1,885.08 crores as it conflicted with a previously adjudicated debt of ₹241.27 crores. The ruling emphasizes the importance of consistency in debt claims during insolvency proceedings.
Sep 10, 2026Read more →
NCLATcorporate
NCLAT Dismisses Appeal Against Compliance Directions from Previous Orders
The NCLAT has dismissed an appeal concerning interlocutory directions that enforced compliance with prior orders related to asset disclosure. The ruling asserts that compliance orders are not open to challenge if adequately justified.
Sep 10, 2026Read more →