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Year: 2026

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  • 2026
  • Page 123
Ancestral Property Not Immune from Attachment Under PMLA: Delhi HC
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Ancestral Property Not Immune from Attachment Under PMLA: Delhi HC

The Delhi High Court delivered a significant legal ruling confirming that ancestral and inherited properties do not enjoy immunity from attachment under the Prevention of Money Laundering Act (PMLA). The…
Posted by Prasenjit Bhowmik August 6, 2026
IRP’s Claim Admission Is Not Acknowledgment Under Limitation Act: SC
Posted inBlog

IRP’s Claim Admission Is Not Acknowledgment Under Limitation Act: SC

In a significant legal ruling delivered this week, the Supreme Court of India clarified that the admission of a claim by an Interim Resolution Professional (IRP) does not constitute an…
Posted by Prasenjit Bhowmik August 6, 2026
MSMED Benefits Not Available to Supplier for Pre-Registration Supplies: Delhi HC
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MSMED Benefits Not Available to Supplier for Pre-Registration Supplies: Delhi HC

In a significant legal development, the Delhi High Court has ruled that statutory benefits under the Micro, Small and Medium Enterprises Development (MSMED) Act cannot be extended to suppliers for…
Posted by Prasenjit Bhowmik August 6, 2026
Legal Dispute Over Marine Insurance Claim Reaches National Consumer Redressal Commission
Posted inBlog

Legal Dispute Over Marine Insurance Claim Reaches National Consumer Redressal Commission

On July 31, 2026, the National Consumer Disputes Redressal Commission, presided over by Justice A. P. Sahi, addressed a long-standing legal battle between Global Exports Pte. Ltd. and Oriental Insurance…
Posted by Prasenjit Bhowmik August 6, 2026
Real Estate Firm Appeals Consumer Forum Ruling in Chandigarh, Cites Settlement Talks for Delay
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Real Estate Firm Appeals Consumer Forum Ruling in Chandigarh, Cites Settlement Talks for Delay

M/S Ats Estates Private Limited has formally filed an appeal before the consumer appellate authorities in Chandigarh to challenge a previous district forum decision. The legal action, registered as an…
Posted by Prasenjit Bhowmik August 6, 2026
Legal Proceedings Advance in Mittal Versus Bansal Case at High Court
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Legal Proceedings Advance in Mittal Versus Bansal Case at High Court

On August 3, 2026, the ongoing legal matter involving Nitu Mittal and Rajesh Bansal & Ors progressed during a court session conducted in hybrid mode. Justice Mohammad Faiz Alam Khan…
Posted by Prasenjit Bhowmik August 6, 2026
Indrani Patnaik Faces Major Service Tax Demand Over Odisha Mining Payments
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Indrani Patnaik Faces Major Service Tax Demand Over Odisha Mining Payments

On July 30, 2026, the Rourkela Commissionerate issued a significant tax ruling involving appellant Indrani Patnaik regarding a multi-million-rupee service tax demand. According to official records, authorities confirmed a total…
Posted by Prasenjit Bhowmik August 6, 2026
Gujarat High Court Condones Delay in Form 10B Filing Due to CA's Illness
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Gujarat High Court Condones Delay in Form 10B Filing Due to CA’s Illness

Discover how the Gujarat High Court allowed a tax filing delay for a trust after their chartered accountant fell critically ill.
Posted by Prasenjit Bhowmik August 6, 2026
Legal Dispute Over Delay Condonation Reaches Second Appeal Stage
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Legal Dispute Over Delay Condonation Reaches Second Appeal Stage

Discover how a disputed 348-day filing delay sparked a high-stakes second appeal as Dalbir Singh Bhullar challenges a key State Commission order.
Posted by Prasenjit Bhowmik August 6, 2026
Legal Dispute Arises Over Delayed Flat Delivery at Kolkata Housing Project
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Legal Dispute Arises Over Delayed Flat Delivery at Kolkata Housing Project

On August 3, 2026, the Hon'ble Mr. Santanu Saha, Member, presided over a significant real estate consumer dispute involving Sri Dipankar Barua and Bct Infrastructure LLP along with other respondents…
Posted by Prasenjit Bhowmik August 6, 2026

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  • Tax and Ownership Implications of Joint Property Purchase Funded by One Buyer

Recent Comments

  1. Misuse of SARFAESI Act: Borrower Concerns and Banking Practices – smeaccountant on Misuse of SARFAESI Act: Borrower Concerns and Banking Practices
  2. Legal Proceedings Advance in Mehul Narayan Thakkar vs Rukshmani Syntex Private Limited – smeaccountant on Legal Proceedings Advance in Mehul Narayan Thakkar vs Rukshmani Syntex Private Limited
  3. Understanding the Order to Cash (O2C) Cycle: Process, Controls, and Metrics – smeaccountant on Financial Institution Appeals District Consumer Commission Order in Gurdaspur
  4. Revision Petition Dismissed Over Unexplained 1,142-Day Delay in Legal Proceedings – smeaccountant on Omaxe New Chandigarh Developers Challenges District Commission Orders in Revision Petition
  5. Adani Power Challenges Maharashtra Regulatory Commission Order in Landmark Appeal – smeaccountant on MSEDCL Seeks Withdrawal of Appeal in Regulatory Dispute with JSW Energy

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