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Month: May 2026

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  • 2026
  • May
  • Page 9
Consumer Commission Orders Substantial Penalty for Delayed Property Possession
Posted inBlog

Consumer Commission Orders Substantial Penalty for Delayed Property Possession

Discover how a consumer commission ordered a substantial penalty against developers for delayed property, upholding crucial buyer rights.
Posted by Prasenjit Bhowmik May 29, 2026
Legal Battle Over Corporate Asset Recovery Intensifies in Insolvency Proceedings
Posted inBlog

Legal Battle Over Corporate Asset Recovery Intensifies in Insolvency Proceedings

NCLAT hears appeals challenging NCLT's order on corporate asset recovery in India's insolvency cases, focusing on fraudulent transactions.
Posted by Prasenjit Bhowmik May 29, 2026
Debt Decree Fully Satisfied: Alpha Corp. Development Pvt. Ltd. Resolves Case with Canara Bank
Posted inBlog

Debt Decree Fully Satisfied: Alpha Corp. Development Pvt. Ltd. Resolves Case with Canara Bank

Alpha Corp. Development Pvt. Ltd. successfully resolves its debt dispute with Canara Bank, fully satisfying the decree and closing the case.
Posted by Prasenjit Bhowmik May 29, 2026
Director Remuneration: Employer-Employee Relationship Overrides Service Tax Liability, Rules Tribunal
Posted inBlog

Director Remuneration: Employer-Employee Relationship Overrides Service Tax Liability, Rules Tribunal

A tribunal ruling clarifies director remuneration as salary under an employer-employee relationship is exempt from service tax liability.
Posted by Prasenjit Bhowmik May 29, 2026
Income Tax Act 2025 Consolidates Presumptive Taxation Under New Section 58
Posted inBlog

Income Tax Act 2025 Consolidates Presumptive Taxation Under New Section 58

Discover how the Income Tax Act 2025's new Section 58 unifies presumptive taxation, simplifying compliance for businesses and professionals.
Posted by Prasenjit Bhowmik May 29, 2026
Delhi Discom Audit Authority Sparks Legal Review Amidst Regulatory Power Struggle
Posted inBlog

Delhi Discom Audit Authority Sparks Legal Review Amidst Regulatory Power Struggle

Delhi's electricity regulator seeks legal review after a court quashed its power to appoint CAG for Discom audits, sparking a major regulatory battle.
Posted by Prasenjit Bhowmik May 29, 2026
Consumer Commission Reopens Major Real Estate Dispute Following National Commission Remand
Posted inBlog

Consumer Commission Reopens Major Real Estate Dispute Following National Commission Remand

Discover how the State Consumer Commission is re-examining a significant real estate dispute against Parsvnath Developers after a National Commission remand.
Posted by Prasenjit Bhowmik May 29, 2026
Corporate Insolvency Proceedings Escalate as Appeals Challenge NCLT Order in Ligare Aviation Case
Posted inBlog

Corporate Insolvency Proceedings Escalate as Appeals Challenge NCLT Order in Ligare Aviation Case

Appeals challenge an NCLT order initiating corporate insolvency for Ligare Aviation, raising questions on shareholder rights and arbitral awards.
Posted by Prasenjit Bhowmik May 29, 2026
Real Estate Developer Settles Debt Amidst Legal Proceedings
Posted inBlog

Real Estate Developer Settles Debt Amidst Legal Proceedings

Real estate developer Imperia Structure Ltd. settles a significant debt in Delhi High Court, resolving a long-standing legal dispute.
Posted by Prasenjit Bhowmik May 29, 2026
RRB Energy Limited Secures Victory in Chennai Tax Dispute
Posted inBlog

RRB Energy Limited Secures Victory in Chennai Tax Dispute

RRB Energy Limited triumphs in a Chennai tax dispute, successfully challenging a 2015 order with a favorable ruling from the Commissionerate.
Posted by Prasenjit Bhowmik May 29, 2026

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Recent Posts

  • ITAT Limits Tax Authority Powers: Reassessments Require Independent Verification
  • ITAT Remands Section 270A Penalty Case if Quantum Appeal Was Still Pending
  • Calcutta High Court Ruling Establishes TDS Records as Legal Proof of Financial Relationships
  • CESTAT Ruling Strengthens CENVAT Credit Eligibility Based on Service Nexus
  • NCLAT Finalizes Resolution Plan Stance, Dismissing GNIDA Appeal

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