AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
Students of NLSIU have organized protests against the university's decision to nullify formative assessment results, shifting exclusively to a summative assessment model. The students argue this undermines their ongoing evaluations.
The Reserve Bank of India has published its weekly statistical supplement detailing liabilities and assets as of April 2026.
The article discusses the high increase in gold import duty as a response to economic pressures and its potential impact on smuggling and the jewelry sector.
ROC Cuttack penalized a company and its directors for omitting mandatory contact details on official letterheads as required under Section 12(3)(c).
ROC Cuttack imposed penalties for failing to print mandatory contact information on company letterheads as required under Section 12(3)(c).
This guide outlines the legal process for striking off companies under Section 248 of the Companies Act, 2013, detailing eligibility and consequences.
Section 56 of the Companies Act requires proper documentation for member interest transfers in companies without share capital.
The article details the legal procedure for shifting a registered office within the same state but under a different ROC jurisdiction, including board approvals and compliance requirements.
The Calcutta High Court has restored GST registration subject to the condition of filing pending returns and payment of dues, underscoring the importance of compliance for business operations.
The ITAT ruled that ad-hoc disallowances of expenses are not sustainable unless documentary defects are identified in the claims. The ₹25.48 lakh addition was deleted due to lack of evidence.
The Reserve Bank of India has established directives aimed at the disbursement of government pensions by Agency Banks. These guidelines are intended to enhance the efficiency and reliability of pension fund distributions.
The Reserve Bank of India has released new directions regarding the conduct of government business by Agency Banks (ABs), focusing on the payment of agency commission and oversight. These guidelines aim to streamline operations and ensure compliance in government financial transactions.
The ITAT has clarified that the revisionary powers under Section 264 of the Income Tax Act cannot be used to increase the tax addition against an assessee, maintaining the benevolent nature of these proceedings.