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
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
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
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
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
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
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
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
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
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