Posted inBlog
NCLAT Reviews CIRP Timeline Exclusions in Vivek Bansal vs. Sumit Shukla Case
NCLAT's Vivek Bansal vs. Sumit Shukla ruling clarifies CIRP timeline exclusions, impacting corporate insolvency proceedings and legal strategy.
Posted inBlog
Customs Tribunal Reviews Long-Standing Penalty Case in ICD Tughlakabad
CESTAT resolves a nearly two-decade-old customs penalty dispute at ICD Tughlakabad, impacting future import-export legal interpretations.
Posted inBlog
Procedural Hurdles Emerge in Srei Equipment Finance Resolution Appeal
Discover the latest procedural challenges in the Srei Equipment Finance resolution appeal at NCLAT, impacting the approved resolution plan.
Posted inBlog
Consumer Commission Ruling Sets Precedent in Insurance Settlement Dispute
Discover how a landmark Consumer Commission ruling on an insurance settlement dispute could impact your future claims and rights.
Posted inBlog
Navigating GST Compliance: Mastering Proportionate ITC Reversal
The Growing Risk of GST ITC NoticesAs the Goods and Services Tax (GST) framework matures in India, tax authorities are intensifying their scrutiny of Input Tax Credit (ITC) claims, specifically…
Posted inBlog
India Tightens Government Procurement Rules for Border-Sharing Nations
The Department for Promotion of Industry and Internal Trade (DPIIT) in India has reinforced stringent registration requirements for bidders from countries sharing a land border with India, mandating formal approval…
Posted inBlog
Supreme Court Ruling Reshapes Tax Landscape for Online Gaming Industry
The Supreme Court of India has issued a landmark ruling establishing that online money gaming involving stakes constitutes a taxable supply of actionable claims, effectively ending a long-standing legal ambiguity.…
Posted inBlog
Jurisdictional Uncertainty: The Unintended Consequences of DGGI Common Adjudication Orders
The Directorate General of Goods and Services Tax Intelligence (DGGI) has initiated a centralized adjudication process for multi-state tax investigations following the issuance of Notification No. 27/2024. This directive consolidates…
Posted inBlog
Understanding the Shift in DIN KYC Compliance Requirements for Directors
The Ministry of Corporate Affairs (MCA) has fundamentally restructured the compliance landscape for company directors in India, moving away from the mandatory annual filing of DIR-3 KYC forms. Under the…
Posted inBlog
Understanding the Evolution of Coparcenary Rights in Hindu Undivided Families
Following the landmark 2005 amendment to the Hindu Succession Act, daughters in India were granted equal coparcenary rights to those held by sons regarding Hindu Undivided Family (HUF) property. This…