Judgements and Orders, Supreme Court and High courts of India



The Corporate Insolvency Resolution Process("CIRP") can be initiated against the corporate debtor without proceeding against the principal borrower.

Posted in Corporate Law |   288 Views



In case of renewal without break in the period, the Mediclaim insurance policy will be renewed without excluding any disease already covered under the existing policy which may have been contracted during the period of the expiring policy. Renewal of

Posted in Corporate Law |   645 Views



Arbitration Agreement is with a Proprietorship concern "Yasikan Enterprise" and arbitration invoked by "Yasikan Enterprise Pvt Ltd" a company of the proprietor is not legal and tenable.

Posted in Corporate Law |   300 Views



Borrower has appealed Order under SARFASEI ACT before DRAT and has deposited 50% of the contended sum. The appeal was further withdrawn by the borrower and appealed for refund of deposit amount. The Bank contended it cannot be refunded.

Posted in Corporate Law |   343 Views



The gratuity of an employee whose services are being considered to be terminated on the accountability of an act of wilful omission/negligence causing any damage or loss to, or destruction of, property belonging to the employer shall be forfeited to

Posted in Corporate Law |   860 Views



This appeal is filed challenging the judgement and award passed in MVC No.3020/2007 dated 05.02.2011 on the file of II Additional District and Sessions Judge and Additional MACT, Belagavi, questioning the liability and quantum of compensation.

Posted in Corporate Law |   301 Views



High Court of Punjab and Haryana held that -If vehicle is registered in India, insurance Company is liable to pay compensation without any extra premium for extraterritorial coverage.

Posted in Corporate Law |   197 Views



THE SUPREME COURT HELD THAT entities created with the object of advancing general public utility cannot seek exemption under the Income Tax Act 1961 under the head "charitable purposes" if they are engaging in any trade, business, commerce or providi

Posted in LAW |   1177 Views



The Hon'ble Delhi High Court in M/S Kishan Lal Kuria Mal v. Union of India & ors. [W.P. (C) 10822/2022 dated October 06, 2022] allowed the present writ petition and directed the assessing authority to grant refund of Integrated Goods and Services Tax

Posted in GST |   752 Views



The Hon'ble Calcutta High Court in M/s. R.P. Buildcon Private Limited & Anr v. The Superintendent, CGST & CX [WPA 20025 OF 2022 dated September 30, 2022] held that that the audit proceedings under Section 65 of the Central Goods and Services Act, 201

Posted in GST |   1128 Views




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