Personal Guarantee Not Revoked by Resignation or Loan Renewal: NCLAT
The NCLAT ruled that a continuing personal guarantee remains valid despite a guarantor's resignation or renewal of loan terms.
AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The NCLAT ruled that a continuing personal guarantee remains valid despite a guarantor's resignation or renewal of loan terms.
The Bombay High Court ruled that a 21-year-old woman cannot be compelled to return home or marry against her will, framing residence and marriage as choices under Article 21.
The Supreme Court's refusal to stay the injunction in the Flipkart v. Marc case highlights unresolved issues regarding house marks and trademark law in India. Legal practitioners must navigate this evolving landscape.
The CDSCO's notice on brand name extensions by pharmaceutical companies signals heightened regulatory oversight. Concerns around different formulations under the same brand prompt calls for comments from industry stakeholders.

The Punjab and Haryana High Court has ruled that a pre-cognizance hearing under the BNSS is not mandatory for complaints by the SFIO under the Companies Act. This decision clarifies procedural nuances in corporate investigations.

The Karnataka High Court has stayed criminal proceedings against a Coorg homestay owner charged under the repealed Foreigners Act after an employee allegedly raped a US tourist. The court ruled that the charges were based on an obsolete statute.
The new FCRA Amendment Rules impose enhanced compliance and accountability measures on NGOs regarding foreign funding. Key changes include stricter registration and disclosure requirements.

The Bombay High Court upheld a decision to refuse charitable registration to a trust offering legal and professional services, emphasizing the trust's intended operations.

The Orissa High Court is reviewing a penalty tax demand of Rs 35 crore related to mining lease tenure, examining the legality of the Revisional Authority's decision.

The Gujarat High Court has annulled an income tax notice of Rs 4.88 crore tied to a 28-month-old broker register entry. The court emphasized that mere resemblance to a survey number does not warrant substantial jurisdictional grounds.
The Bombay High Court quashed a customs demand for glucometers, reiterating the binding classification of such devices under Tariff Heading 9027.
CESTAT Chennai ruled that ELFA-based VIDAS diagnostic kits qualify for customs exemptions available under the ELISA kits notification, addressing procedural discrepancies in earlier rulings.
The CBIC has extended the anti-dumping duty on seamless steel tubes and pipes imported from China until January 27, 2027. This decision is part of ongoing measures to protect domestic industries from unfair competition.