AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Rajasthan High Court has overturned the withholding of a Sub-Inspector appointment due to a matrimonial FIR. It emphasized that the Committee must evaluate the relevance of such moral turpitude before denying appointments.
The Reserve Bank of India has imposed penalties ranging from ₹1 lakh to ₹2.5 lakh on multiple co-operative banks in Karnataka for non-compliance with prescribed banking regulations.
The Supreme Court has affirmed the constitutionality of Section 16(2)(c) of the CGST Act, although questions remain regarding supplier payment verification and protection for bona fide purchasers.
The Gujarat High Court quashed GST cancellation and appellate orders based on AI-generated, non-existent judgments. The ruling mandates that fresh proceedings be conducted in accordance with GST law.
The Reserve Bank of India has updated lists of sanctioned entities aligned with UN Security Council mandates, directing regulated entities to ensure compliance under the Unlawful Activities (Prevention) Act. This action emphasizes the importance of compliance within the financial sector.
The Bombay High Court has upheld the IBBI's Regulation 31A, permitting a 0.25% regulatory fee on the realisable value to creditors. This affirmation assures the standing of IBBI as a regulatory body during the Corporate Insolvency Resolution Process (CIRP).
The NCLAT has restored the corporate debtor's right to file a reply in insolvency proceedings, emphasizing that a litigant should not suffer due to their counsel's lapse. This ruling reinforces the importance of natural justice in insolvency protocols.
The CAG’s 2026 Performance Audit Report on Project Imports highlights a revenue risk of ₹2,128.58 crore and identifies procedural irregularities worth ₹22,979.33 crore in the Customs Project Imports Scheme. This report raises concerns over compliance and financial oversight.
CESTAT Delhi has ruled that interest on delayed IGST payments on imports cannot be refunded, emphasizing that IGST functions as a tax on supply rather than customs duty. This clarification will have consequential impacts on refund claims.
The CESTAT Delhi has overturned a re-classification of various aluminium products under CTH 8708, asserting that classification should reflect the goods as imported, not their intended use. This ruling clarifies import classifications.
In a significant ruling, the Delhi High Court has applied Section 14 principles post-ITC Ltd's customs refund law modification, allowing the exclusion of the qualifying period for appeals. This decision may influence future customs refund claims.
The Delhi High Court has clarified that separate Show Cause Notices (SCNs) maintain their legal identity even when they are based on a common investigation. This ruling allows for appeals on individual SCNs to proceed.
The Bombay High Court has stayed a Customs appellate order that directed the absolute confiscation of goods from Raj Grow Impex, which contravened earlier release orders by the court. This ruling emphasizes the importance of adhering to judicial precedents in Customs matters.