Allahabad HC Sets Aside Turnover Enhancement Based on Suspicion
The Allahabad High Court has set aside a turnover enhancement order due to lack of adverse material, emphasizing the importance of evidence in fiscal assessments.
Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Allahabad High Court has set aside a turnover enhancement order due to lack of adverse material, emphasizing the importance of evidence in fiscal assessments.
FeaturedThe Supreme Court has overturned a National Green Tribunal ruling that imposed a ₹5 crore compensation on the Art of Living Foundation for environmental damages related to its 2016 festival. The Court found a lack of evidentiary support linking the festival to the alleged damage to the Yamuna floodplains.
The Securities Appellate Tribunal has set aside SEBI's communication regarding the withdrawal of an open offer based on Material Adverse Effect and remanded it for reconsideration.
The Supreme Court quashed the politically influenced appointments of four Haryana officers, affirming that illegal appointments cannot be justified by long service.
The Supreme Court ruled that High Courts are not permitted to conduct factual trials while quashing FIRs, reinforcing the need for investigations before factual determinations are made.
In a crucial ruling, the Supreme Court clarified that the limitation period under Section 468 of the CrPC begins from the filing of a complaint rather than from the cognizance taken by a magistrate. This overturns a prior Delhi High Court order.
The Delhi High Court has examined significant issues in pharmaceutical patent law regarding coverage disclosure and therapeutic efficacy thresholds in the Intra Cellular Therapies v. Controller of Patents case. This ruling underscores ongoing complexities in patent litigation.
FeaturedThe Delhi High Court has condemned the ED's tactic of linking a closed FIR to an ongoing Enforcement Case Information Report in a money laundering investigation.
FeaturedThe Allahabad High Court has directed a CBI inquiry into an alleged police encounter where the accused reportedly fired upon the police. The court seeks an independent investigation due to concerns over the incident's legitimacy.
The Reserve Bank of India has announced updates to the UNSC’s Sanctions List concerning ISIL and Al-Qaida under Section 51A of the UAPA, impacting financial institutions. This amendment includes the addition of 21 entries, enhancing compliance measures.
In a significant ruling, the Delhi High Court addressed key issues in pharmaceutical patent law, particularly concerning coverage disclosure and therapeutic efficacy under Section 3(d) in the Intra Cellular Therapies v. Controller of Patents case.
FeaturedThe Madras High Court has quashed a customs order issued after a 14-year delay, ruling that prolonged delays are not authorized under the provisions of the Customs Act.