May 21, 2026 – smeaccountant

Appellate Tribunal Rules on Tata Power Delhi Tariff Dispute, Setting Precedent for Power Sector Reforms

NEW DELHI — The Appellate Tribunal for Electricity, presided over by Officiating Chairperson Hon’ble Mrs. Seema Gupta, issued a landmark ruling on May 18, 2026, addressing a long-standing tariff dispute…

Prasenjit Bhowmik May 21, 2026

Blog

NCLAT Consolidates 18 Appeals in J&K Integrated Textile Park Insolvency Dispute Over Unprecedented NCLT Penalties

In a major legal development for India’s corporate insolvency framework, the National Company Law Appellate Tribunal (NCLAT) on May 19, 2026, consolidated 18 separate appeals arising from a highly contentious…

Prasenjit Bhowmik May 21, 2026

Blog

State Commission Consolidates Multiple SBI Appeals Against HUF in Landmark Procedural Move

On May 13, 2026, the State Consumer Disputes Redressal Commission consolidated four major appeals filed by the State Bank of India (SBI) against Tejpal Singh, the Karta of a Hindu…

Prasenjit Bhowmik May 21, 2026

Blog

APTEL Resolves Long-Standing Regulatory Dispute Between PEDA and Punjab Commission

On May 18, 2026, the Appellate Tribunal for Electricity (APTEL) in New Delhi issued a landmark common judgment, resolving a decade-long regulatory impasse between the Punjab Energy Development Agency (PEDA)…

Prasenjit Bhowmik May 21, 2026

Blog

Rawal Acids Appeals Insurance Dispute: How a Few Weeks Can Decide a Multi-Million Rupee Consumer Case

NEW DELHI — In a highly anticipated legal battle for corporate policyholders, the State Consumer Disputes Redressal Commission on May 20, 2026, heard a pivotal appeal filed by Rawal Acids…

Prasenjit Bhowmik May 21, 2026

Blog

NCLAT Reviews Landmark Challenge to Vrundavan Liquidation and Judicial Censure of Resolution Professional

NCLAT reviews a landmark challenge to Vrundavan liquidation and professional censure, poised to redefine India's insolvency framework.

Prasenjit Bhowmik May 21, 2026

Taxation and Legal Insights

SEBI Proposes Easing Third-Party Mutual Fund Payment Rules to Boost Operational Flexibility

The Securities and Exchange Board of India (SEBI) has proposed a limited relaxation of third-party payment restrictions for mutual fund transactions, aiming to resolve persistent operational hurdles for investors and…

Prasenjit Bhowmik May 21, 2026