All Tribunals Case Commentaries

Discretion in Penalty Imposition under SEBI Act: SEBI v. Bhavesh Pabari – A Comprehensive Analysis

Date: Mar 1, 2019

Discretion in Penalty Imposition under SEBI Act: SEBI v. Bhavesh Pabari – A Comprehensive Analysis Introduction The Supreme Court of India, in the landmark case of SEBI v. Bhavesh Pabari with...

Apportionment of Liability in Insurance Claim Delays: Insights from Assistant Commissioner Commercial Tax v. New India Assurance

Date: Mar 1, 2019

Apportionment of Liability in Insurance Claim Delays: Insights from Assistant Commissioner Commercial Tax v. New India Assurance Introduction The case of Assistant Commissioner Commercial Tax...

SEBI's Interim Order Against Allied Financial Services Pvt. Ltd.: Establishing Enhanced Regulatory Oversight in Securities Intermediary Practices

Date: Feb 28, 2019

SEBI's Interim Order Against Allied Financial Services Pvt. Ltd.: Establishing Enhanced Regulatory Oversight in Securities Intermediary Practices Introduction The Securities and Exchange Board of...

Guidelines on Corporate Liquidation and Revival Processes: Y. Shivram Prasad v. S. Dhanapal

Date: Feb 28, 2019

Guidelines on Corporate Liquidation and Revival Processes: Y. Shivram Prasad v. S. Dhanapal 1. Introduction The case of Y. Shivram Prasad v. S. Dhanapal And Others was adjudicated by the National...

Non-Applicability of Section 195 TDS on Commissions to Non-Resident Agents for Services Rendered Outside India: Central Electronics Ltd. v. Acit

Date: Feb 27, 2019

Non-Applicability of Section 195 TDS on Commissions to Non-Resident Agents for Services Rendered Outside India: Central Electronics Ltd. v. Acit Introduction Central Electronics Ltd. v. Acit is a...

Enforcement of Consumer Rights in Real Estate: Harpreet Singh v. Sky Rock City Welfare Society

Date: Feb 27, 2019

Enforcement of Consumer Rights in Real Estate: Harpreet Singh v. Sky Rock City Welfare Society Introduction The case of Harpreet Singh v. Sky Rock City Welfare Society was adjudicated by the State...

Classification of Un-Fried Fryums under GST: Tariff Item 21069099 and 18% GST Applicability

Date: Feb 23, 2019

Classification of Un-Fried Fryums under GST: Tariff Item 21069099 and 18% GST Applicability Introduction The case of Sonal Product, In Re before the Authority for Advance Rulings (AAR), GST, dated...

National Dairy Development Board Recognized as Financial Institution under GST for Input Tax Credit

Date: Feb 23, 2019

National Dairy Development Board Recognized as Financial Institution under GST for Input Tax Credit Introduction The case under consideration involves the National Dairy Development Board (NDDB), a...

IGST Liability on Ocean Freight as Import of Service under Reverse Charge: Indian Potash Limited Ruling

Date: Feb 23, 2019

IGST Liability on Ocean Freight as Import of Service under Reverse Charge: Indian Potash Limited Ruling Introduction The ruling in Indian Potash Limited, In Re delivered by the Authority for Advance...

SEBI Grants Exemption to Coal India Limited from Regulation 24(i)(e) under Buyback Regulations 2018

Date: Feb 21, 2019

SEBI Grants Exemption to Coal India Limited from Regulation 24(i)(e) under Buyback Regulations 2018 Introduction The Securities and Exchange Board of India (SEBI) recently delivered a pivotal...

SEBI Grants Exemption to Wipro from Regulation 24(ii) of Buyback Regulations During Internal Amalgamation

Date: Feb 16, 2019

SEBI Grants Exemption to Wipro from Regulation 24(ii) of Buyback Regulations During Internal Amalgamation Introduction The Securities and Exchange Board of India (SEBI) delivered a pivotal judgment...

DLF Universal Ltd. vs. Allottees: Establishing Standards for Possession Delays and Amenities in Real Estate Development

Date: Feb 14, 2019

DLF Universal Ltd. vs. Allottees: Establishing Standards for Possession Delays and Amenities in Real Estate Development Introduction The case of Vineet Kumar And Another (S) v. DLF Universal Limited...

SEBI's Landmark Ruling on Public Issuance of Non-Convertible Debentures by Ganga Sagar Foods & Beverages India Limited

Date: Feb 13, 2019

SEBI's Landmark Ruling on Public Issuance of Non-Convertible Debentures by Ganga Sagar Foods & Beverages India Limited Introduction The Securities and Exchange Board of India (SEBI) delivered a...

Clarifying Secured Asset Identification in SARFAESI Proceedings: Insights from P.H. Mohammed Ali v. Union Bank Of India

Date: Feb 12, 2019

Clarifying Secured Asset Identification in SARFAESI Proceedings: Insights from P.H. Mohammed Ali v. Union Bank Of India Introduction The case of P.H. Mohammed Ali v. Union Bank Of India was...

ITAT Affirms Allowance of Set Off of Business Losses Against Surrendered Income

Date: Feb 9, 2019

ITAT Affirms Allowance of Set Off of Business Losses Against Surrendered Income Introduction The case of Famina Knit Fabs v. Assistant Commissioner Of Income Tax, Circle-3, Ludhiana adjudicated by...

Comprehensive Commentary on the National Load Dispatch Centre Judgment

Date: Feb 7, 2019

Establishment of New PoC Slab Rates and Transmission Loss Calculations: Insights from National Load Dispatch Centre Judgment Introduction The Central Electricity Regulatory Commission (CERC) rendered...

Classification of Agricultural Seedling Trays under GST: A Comprehensive Analysis of Order-In-Appeal No. Aaar/01/2019 (Ar), In Re Saro Enterprises

Date: Feb 7, 2019

Classification of Agricultural Seedling Trays under GST: A Comprehensive Analysis of Order-In-Appeal No. Aaar/01/2019 (Ar), In Re Saro Enterprises 1. Introduction The case of Order-In-Appeal No....

Classification of Agricultural Implements Under GST: Plastics vs Base Metals – A New Precedent

Date: Feb 7, 2019

Classification of Agricultural Implements Under GST: Plastics vs Base Metals – A New Precedent Introduction In the evolving landscape of India's Goods and Services Tax (GST) regime, the accurate...

Comprehensive Commentary on Power Grid Corporation of India Limited v. Madhya Pradesh Power Management Company Ltd.

Date: Feb 6, 2019

Approval of Transmission Tariff and Handling of Delays in Power Grid Corporation of India Limited v. Madhya Pradesh Power Management Company Ltd. 1. Introduction The case of Power Grid Corporation of...

Retrospective Approval of Section 12AA Registration Affirms Exemption under Sections 11 & 12 in R.D. Foundation v. Income Tax Officer

Date: Feb 6, 2019

Retrospective Approval of Section 12AA Registration Affirms Exemption under Sections 11 & 12 in R.D. Foundation v. Income Tax Officer Introduction The case of R.D. Foundation v. Income Tax Officer,...