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All Tribunals Case Commentaries

Finality of Self-Assessment on Clearance for Home Consumption Under Section 17 of the Customs Act

Finality of Self-Assessment on Clearance for Home Consumption Under Section 17 of the Customs Act

Date: Feb 1, 2023
Finality of Self-Assessment on Clearance for Home Consumption Under Section 17 of the Customs Act Introduction The case HOLY LAND MARKETING PVT. LTD. v. PRINCIPAL COMMISSIONER, CUSTOMS (IMPORT)-NEW...
NCDRC Upholds Consumer Rights in Real Estate Delays: A Landmark Judgment

NCDRC Upholds Consumer Rights in Real Estate Delays: A Landmark Judgment

Date: Feb 1, 2023
NCDRC Upholds Consumer Rights in Real Estate Delays: A Landmark Judgment Introduction In the case of Nikhil Kumar Garg & Anr. v. GardenView Abode Private Limited, the National Consumer Disputes...
ITA Affirms Disallowance of Long Term Capital Gains Exemption for Non-Genuine Share Transactions in Penny Stock Companies

ITA Affirms Disallowance of Long Term Capital Gains Exemption for Non-Genuine Share Transactions in Penny Stock Companies

Date: Jan 31, 2023
ITA Affirms Disallowance of Long Term Capital Gains Exemption for Non-Genuine Share Transactions in Penny Stock Companies Introduction The case of Atmiben Alpitkumar Doshi vs. The Income Tax Officer,...
Affidavit Supersedes FIR in Insurance Claims: Comprehensive NCDRC Judgment Analysis

Affidavit Supersedes FIR in Insurance Claims: Comprehensive NCDRC Judgment Analysis

Date: Jan 31, 2023
Affidavit Supersedes FIR in Insurance Claims: Comprehensive NCDRC Judgment Analysis Introduction In the case of Mitesh Lavji Thacker v. IFFCO-Tokio General Insurance Co. Ltd., decided by the National...
Eligibility of Non-Member Directors to Initiate Oppression Relief Petitions: Insights from Jithendra Parlapalli v. Wirecard India Pvt Ltd & Others

Eligibility of Non-Member Directors to Initiate Oppression Relief Petitions: Insights from Jithendra Parlapalli v. Wirecard India Pvt Ltd & Others

Date: Jan 31, 2023
Eligibility of Non-Member Directors to Initiate Oppression Relief Petitions: Insights from Jithendra Parlapalli v. Wirecard India Pvt Ltd & Others Introduction The case of Jithendra Parlapalli v....
Clarifying the Onus of Proving Unexplained Cash Credits: Insights from ITO, Ward-3, Palanpur v. Sweta Makkhanlal Agrawal

Clarifying the Onus of Proving Unexplained Cash Credits: Insights from ITO, Ward-3, Palanpur v. Sweta Makkhanlal Agrawal

Date: Jan 26, 2023
Clarifying the Onus of Proving Unexplained Cash Credits: Insights from ITO, Ward-3, Palanpur v. Sweta Makkhanlal Agrawal Introduction The case of ITO, Ward-3, Palanpur v. Sweta Makkhanlal Agrawal...
SEBI Imposes Landmark Penalties on Pinnacle Market Investment Advisory Pvt. Ltd. for Regulatory Non-Compliance

SEBI Imposes Landmark Penalties on Pinnacle Market Investment Advisory Pvt. Ltd. for Regulatory Non-Compliance

Date: Jan 26, 2023
SEBI Imposes Landmark Penalties on Pinnacle Market Investment Advisory Pvt. Ltd. for Regulatory Non-Compliance Introduction On January 25, 2023, the Securities and Exchange Board of India (SEBI)...
NCLAT Reinforces Precedent in Winding Up Petitions Involving Suspected Money Laundering Activities

NCLAT Reinforces Precedent in Winding Up Petitions Involving Suspected Money Laundering Activities

Date: Jan 26, 2023
NCLAT Reinforces Precedent in Winding Up Petitions Involving Suspected Money Laundering Activities Introduction The case Registrar of Companies, NCT of Delhi and Haryana vs. M/s AD-Fin Capital...
Operational Creditors' Right to Initiate Insolvency Proceedings Under IBC Section 9 Despite Arbitration Clauses: Insights from Shahi Md Karim v. Kabamy India LLP

Operational Creditors' Right to Initiate Insolvency Proceedings Under IBC Section 9 Despite Arbitration Clauses: Insights from Shahi Md Karim v. Kabamy India LLP

Date: Jan 26, 2023
Operational Creditors' Right to Initiate Insolvency Proceedings Under IBC Section 9 Despite Arbitration Clauses: Insights from Shahi Md Karim v. Kabamy India LLP Introduction The case of Shahi Md...
SEBI Cracks Down on Sophisticated Pump and Dump Scheme via Telegram: Rajneesh Kumar v. SEBI

SEBI Cracks Down on Sophisticated Pump and Dump Scheme via Telegram: Rajneesh Kumar v. SEBI

Date: Jan 26, 2023
SEBI Cracks Down on Sophisticated Pump and Dump Scheme via Telegram: Rajneesh Kumar v. SEBI Introduction The case of Rajneesh Kumar and Others v. Securities and Exchange Board of India (SEBI) marks a...
CERC Sets New Standards for Transmission Tariff Truing Up and Cost Over-Runs: Analysis of Power Grid Corporation Judgment 2023

CERC Sets New Standards for Transmission Tariff Truing Up and Cost Over-Runs: Analysis of Power Grid Corporation Judgment 2023

Date: Jan 25, 2023
CERC Sets New Standards for Transmission Tariff Truing Up and Cost Over-Runs: Analysis of Power Grid Corporation Judgment 2023 Introduction The Power Grid Corporation of India Limited (PGCIL), a...
SEBI Penalizes Coffee Day Enterprises for Massive Fund Diversion and Corporate Governance Failures

SEBI Penalizes Coffee Day Enterprises for Massive Fund Diversion and Corporate Governance Failures

Date: Jan 25, 2023
SEBI Penalizes Coffee Day Enterprises for Massive Fund Diversion and Corporate Governance Failures Introduction In a landmark decision dated January 24, 2023, the Securities and Exchange Board of...
CERC Establishes Distinct Application of 2010 and 2020 Sharing Regulations in Tariff Determination

CERC Establishes Distinct Application of 2010 and 2020 Sharing Regulations in Tariff Determination

Date: Jan 24, 2023
CERC Establishes Distinct Application of 2010 and 2020 Sharing Regulations in Tariff Determination Introduction In the recent decision rendered on January 23, 2023, by the Central Electricity...
SEBI's Landmark Judgment on Unregistered Investment Advisory Services: The Agrich Traders Case

SEBI's Landmark Judgment on Unregistered Investment Advisory Services: The Agrich Traders Case

Date: Jan 24, 2023
SEBI's Landmark Judgment on Unregistered Investment Advisory Services: The Agrich Traders Case 1. Introduction The Securities and Exchange Board of India (SEBI) has taken a significant stand against...
Establishing Precedent on Unfair Trade Practices in Real Estate: Rupali Bahl v. M/S. IREO Grace Realtech Pvt. Ltd.

Establishing Precedent on Unfair Trade Practices in Real Estate: Rupali Bahl v. M/S. IREO Grace Realtech Pvt. Ltd.

Date: Jan 24, 2023
Establishing Precedent on Unfair Trade Practices in Real Estate: Rupali Bahl v. M/S. IREO Grace Realtech Pvt. Ltd. 1. Introduction The case of Rupali Bahl v. M/S. IREO Grace Realtech Private Limited...
Enhanced Enforcement of Penalty Provisions under Section 271(1)(c) for Inaccurate Income Disclosures

Enhanced Enforcement of Penalty Provisions under Section 271(1)(c) for Inaccurate Income Disclosures

Date: Jan 24, 2023
Enhanced Enforcement of Penalty Provisions under Section 271(1)(c) for Inaccurate Income Disclosures Introduction The case of Abhinav International Pvt. Ltd., New Delhi v. DCIT Circle-1(1), New Delhi...
Non-Deductibility of Interest on Delayed TDS Deposits Confirmed: ITAT Kolkata Sets New Precedent

Non-Deductibility of Interest on Delayed TDS Deposits Confirmed: ITAT Kolkata Sets New Precedent

Date: Jan 21, 2023
Interest on Delayed TDS Deposits Not Allowable as Business Expenditure: ITAT Kolkata Sets New Precedent Introduction The case of M/s Premier Irrigation Adritec (P) Ltd., Kolkata v. ACIT, CIR-11(1),...
Clarification on Infrastructure and Marketing Exclusivity under PNGRB Act: AGP CGD India Pvt Ltd v Hyundai Motor India Ltd & IOCL

Clarification on Infrastructure and Marketing Exclusivity under PNGRB Act: AGP CGD India Pvt Ltd v Hyundai Motor India Ltd & IOCL

Date: Jan 21, 2023
Clarification on Infrastructure and Marketing Exclusivity under PNGRB Act: AGP CGD India Pvt Ltd v Hyundai Motor India Ltd & IOCL Introduction The case of M/s AGP CGD India Private Limited vs....
SEBI's Landmark Ruling on Unregistered Investment Advisory Services: In Respect Of Manish Lalwani

SEBI's Landmark Ruling on Unregistered Investment Advisory Services: In Respect Of Manish Lalwani

Date: Jan 19, 2023
SEBI's Landmark Ruling on Unregistered Investment Advisory Services: In Respect Of Manish Lalwani Introduction The Securities and Exchange Board of India (SEBI) delivered a significant judgment on...
Upholding Consumer Rights in Electricity Billing: Analysis of Punjab State Power Corporation Limited v. Poonam Chatrath

Upholding Consumer Rights in Electricity Billing: Analysis of Punjab State Power Corporation Limited v. Poonam Chatrath

Date: Jan 19, 2023
Upholding Consumer Rights in Electricity Billing: Analysis of Punjab State Power Corporation Limited v. Poonam Chatrath Introduction The case of Punjab State Power Corporation Limited v. Poonam...
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