AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Kerala High Court has ruled that amendments to stamp duty regulations following amalgamation and demerger cannot apply retroactively. The court quashed demands for stamp duty under new regulations for transactions preceding these changes.
The Himachal Pradesh HC upheld a FIR related to books criticizing Hindu deities but quashed related proceedings due to lack of prosecution sanction. This raises important constitutional discourse on religious sentiments.
The RBI has issued directives to Padmashri Dr. Vithalrao Vikhe Patil Co-operative Bank following concerns regarding compliance under the Banking Regulation Act, 1949.
The unexpected removal of 'Satluj' from ZEE5 raises critical questions about the legal sustainability of the government's actions, particularly regarding Section 69A of the IT Act and copyright implications.
The Himachal Pradesh High Court ruled against creating jurisdiction based on isolated patent purchases. This decision provides clarity on forum shopping and reinforces the principles of territorial jurisdiction in patent infringement suits.
The Gujarat High Court has allowed a refund of unutilized compensation cess on coal used in exported goods, emphasizing the correct interpretation of GST circulars.
The Gujarat High Court directed that interest on GST refunds must be calculated from the date of the original refund application, overturning previous decisions.
The Directorate General of Foreign Trade (DGFT) has launched the 'Niryat Disha' Mission, aimed at enhancing the global branding of Indian exports. The initiative includes a Trust Mark certification and significant financial support for campaigns.
The ITAT has ruled that management and business support fees are not taxable as Fees for Technical Services (FTS) under the India-Singapore Double Taxation Avoidance Agreement (DTAA).
The ITAT ruled that an unintentional non-disclosure of foreign Employee Stock Option Plans (ESOPs) does not amount to a technical breach warranting penalty under the Black Money Act.
The amended SEBI Buyback Regulations restore the stock exchange route and revise shareholder notification requirements, also making Merchant Banker appointment optional.
NCLT Mumbai has granted a waiver under Section 244(1)(b), dismissing a maintainability objection and allowing an oppression and mismanagement petition to proceed for further hearing.
The Karnataka High Court has clarified that disqualification under Section 164 does not vacate an office in a defaulting company while directing reactivation of the DIN post-disqualification.