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NCLT admitted a Section 7 application against a corporate guarantor, holding that financial debt, default, and co-extensive liability were established despite CIRP against the principal borrower. The…
NCLT admitted a Section 7 CIRP after finding financial debt and default proved through ICD documents, dishonoured cheques and other evidence despite initial absence of IU record. The post Information…
HC held consolidated GST show cause notices and orders for multiple financial years are valid, declined writ relief, and allowed appeal under Section 107 with interim protection. The post Gauhati HC U…
Finance Ministry details GST Council measures, Committee recommendations and GST Settlement of Fund Rules, 2026 to strengthen the IGST settlement mechanism. The post GST Council Notifies New IGST Sett…
AP High Court set aside unsigned GST DRC-07 assessment orders, held the defect incurable, and remanded the matters subject to 20% tax deposit. The post AP HC Sets Aside Unsigned GST DRC-07 Assessment…
Supreme Court issued notice on whether a binding GST circular under Section 168 renders the appellate remedy under Section 107 ineffective. The post SC Examines Whether Binding GST Circular Bars Effec…
Supreme Court upheld admission of an unregistered agreement to sell in a specific performance suit under the proviso to Section 49 of the Registration Act. The post SC Upholds Admissibility of Unregis…
Rajasthan HC upheld Section 108 of the Customs Act while protecting immunity available under the Voluntary Disclosure Scheme for declared exotic live species. The post Rajasthan HC Upholds Section 108…
IRDAI approved SBSR Act reforms, PEPF Regulations, intermediary changes, penalty regulations and registration of a new general insurer. The post IRDAI Approves SBSR Act Reforms, PEPF Regulations & New…
SC held Section 5 of the Limitation Act applies to appeals under Section 74 of the 2013 Act, set aside contrary High Court judgments, and restored appeals for merits. The post Limitation Act Applies t…
SC held Section 5 of the Limitation Act applies to appeals under Section 9 of the Chhattisgarh Rajya Suraksha Adhiniyam, restored the appeal, and set aside the High Court order. The post Section 5 of…
Bombay HC quashed stamp duty demand on an IBC sale certificate, holding it need only be filed in Book No.1 under Section 89(4) without registration or stamp duty. The post Bombay HC Exempts IBC Auctio…