AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
FeaturedThe Calcutta High Court invalidated a retrospective property tax hike by KMC, stating it lacked statutory authority and violated procedural safeguards. The earlier valuation was restored.
FeaturedThe Karnataka High Court ruled that bona fide purchasers should not be penalized for a seller's failure to comply with GST regulations.
FeaturedSEBI raises concerns regarding alleged revenue misrepresentation, undisclosed fund transfers, and accounting irregularities in a significant business. The investigation casts doubt on the accuracy of disclosures and audits.
FeaturedThe Supreme Court ruled that appeals filed without a certified copy of the relevant NCLT order are improperly instituted and accordingly voided condonation of delays. This establishes the critical need for compliance with procedural requirements in appellate processes.
FeaturedThe Karnataka High Court has overturned a GST demand of Rs. 78.7 lakh against bona fide purchasers, emphasizing their immunity from penalties due to the seller's non-compliance. This reaffirms the legal protections available to innocent buyers in transactions.
FeaturedThe NCLAT has confirmed that a Resolution Professional (RP) is authorized to recover assets of a corporate debtor from unauthorized occupants without the need to file a civil suit, streamlining asset recovery under the Insolvency and Bankruptcy Code.
FeaturedThe NCLT admitted SBI's insolvency application against Martina Bio Genics, clarifying that ongoing winding-up proceedings do not obstruct the revival goals under the Insolvency and Bankruptcy Code, 2016 (IBC).
FeaturedThe Income‑Tax (Amendment) Ordinance, 2026 introduces exemptions for Foreign Institutional Investors (FIIs) and the Bureau of Indian Standards (BIS) pertaining to government securities. This initiative aims to bolster global capital inflow into India's debt market and enhance investor confidence.
FeaturedThe Supreme Court upheld liquidation of a company, stating that a Successful Resolution Applicant cannot claim a Letter of Intent was conditional to evade a CoC-approved resolution plan.
FeaturedThe Supreme Court ruled that an IBC appeal filed without applying for a certified copy of the impugned order is not valid, emphasizing procedural compliance in bankruptcy proceedings.
FeaturedThe Reserve Bank of India has initiated QR-Code based payment systems between India and Cambodia to facilitate cross-border transactions.
FeaturedThe Delhi High Court's ruling in Hindware v. Grohe significantly narrows the scope of intermediary safe harbor for platforms like Google, highlighting the distinction between generic and coined trademarks in keyword bidding.
FeaturedThe Delhi High Court has ruled that Google infringes the HINDWARE trademark by allowing competitors to bid on it as a Google Ads keyword. This ruling brings significant implications for online trademark usage and keyword advertising.