All Tribunals Case Commentaries

SEBI's Landmark Ruling on Public Fundraising Practices: The Express Cultivation Limited Case

Date: Jan 12, 2016

SEBI's Landmark Ruling on Public Fundraising Practices: The Express Cultivation Limited Case 1. Introduction The Securities and Exchange Board of India (SEBI) undertook a pivotal examination of...

Clarification on Promoter Shareholding Classification and MPS Compliance: SEBI's Order on Kesar Petro Products Limited

Date: Jan 12, 2016

Clarification on Promoter Shareholding Classification and MPS Compliance: SEBI's Order on Kesar Petro Products Limited Introduction The Securities and Exchange Board of India (SEBI) played a pivotal...

Clarifying SEBI's Enforcement on Unregistered Collective Investment Schemes: The Suvidha Farming Decision

Date: Jan 12, 2016

Clarifying SEBI's Enforcement on Unregistered Collective Investment Schemes: The Suvidha Farming Decision Introduction The Securities and Exchange Board of India (SEBI) delivered a landmark judgment...

Defining "Corpus" in Venture Capital Funds: Insights from Dhfl Venture Capital Fund v. Ito

Date: Jan 9, 2016

Defining "Corpus" in Venture Capital Funds: Insights from Dhfl Venture Capital Fund v. Ito Introduction The case of Dhfl Venture Capital Fund v. Ito adjudicated by the Income Tax Appellate Tribunal...

CERC’s Landmark Decision on Tariff Revision and Capital Expenditure Truing Up

Date: Jan 9, 2016

CERC’s Landmark Decision on Tariff Revision and Capital Expenditure Truing Up Introduction The case of Power Grid Corporation of India Limited (PGCIL) v. Madhya Pradesh Power Management Company Ltd....

CERC's Landmark Tariff Decision on HVDC Transmission: Establishing New Sharing Mechanism

Date: Jan 9, 2016

CERC's Landmark Tariff Decision on HVDC Transmission: Establishing New Sharing Mechanism Introduction The case of Power Grid Corporation of India Limited (PGCIL) v. Assam Electricity Grid Corporation...

Truing Up of Transmission Tariffs and Capital Expenditure: Insights from Power Grid Corporation of India Ltd. v. North Bihar Power Distribution Co. Ltd.

Date: Jan 8, 2016

Truing Up of Transmission Tariffs and Capital Expenditure: Insights from Power Grid Corporation of India Ltd. v. North Bihar Power Distribution Co. Ltd. Introduction The case of Power Grid...

Defining Market Dominance: CCI Rules Against UPSRTC in V.E. Commercial Vehicles Case

Date: Jan 8, 2016

Defining Market Dominance: CCI Rules Against UPSRTC in V.E. Commercial Vehicles Case Introduction The case of V.E. Commercial Vehicles Limited v. Uttar Pradesh State Road Transport Corporation...

Tariff Revision and Capital Expenditure Truing Up: Power Grid Corporation v. Madhya Pradesh Power Management Company

Date: Jan 8, 2016

Tariff Revision and Capital Expenditure Truing Up: Power Grid Corporation v. Madhya Pradesh Power Management Company Introduction The case of Power Grid Corporation of India Limited (Petitioner)...

Deficiency in Seed Quality and Burden of Proof: Insights from Mahyco Vegetable Seeds Ltd. v. Ishwarbhai Baburao Thakare

Date: Jan 6, 2016

Deficiency in Seed Quality and Burden of Proof: Insights from Mahyco Vegetable Seeds Ltd. v. Ishwarbhai Baburao Thakare Introduction The case of Mahyco Vegetable Seeds Ltd. v. Ishwarbhai Baburao...

ITA Upholds Project Completion Method Over Hypothetical Market Pricing in Property Development – Cit v. Swananda Properties Pvt. Ltd.

Date: Jan 5, 2016

ITA Upholds Project Completion Method Over Hypothetical Market Pricing in Property Development – Cit v. Swananda Properties Pvt. Ltd. Introduction The case of CIT v. Swananda Properties Pvt. Ltd....

Defining Consumer Status in Hire-Purchase Tenancy Agreements: Insights from Harpal Arya v. Housing Board Haryana

Date: Jan 5, 2016

Defining Consumer Status in Hire-Purchase Tenancy Agreements: Insights from Harpal Arya v. Housing Board Haryana Introduction The case of Harpal Arya v. Housing Board Haryana Estate adjudicated by...

CERC Establishes Rigorous Truing Up Framework for Tariff Revision in Power Grid v. MP Power Management

Date: Dec 31, 2015

CERC Establishes Rigorous Truing Up Framework for Tariff Revision in Power Grid v. MP Power Management Introduction The case of Power Grid Corporation Of India Ltd. v. Madhya Pradesh Power Management...

Illegal Additions Under Section 153C: A Comprehensive Analysis of Ms. Chhaya P. Gangar v. Deputy Commissioner of Income-tax

Date: Dec 19, 2015

Illegal Additions Under Section 153C: A Comprehensive Analysis of Ms. Chhaya P. Gangar v. Deputy Commissioner of Income-tax Introduction The case of Ms. Chhaya P. Gangar v. Deputy Commissioner of...

Condonation of Minor Errors in OMR Applications: Neha Nagar v. Delhi Subordinate Services Selection Board

Date: Dec 19, 2015

Condonation of Minor Errors in OMR Applications: Neha Nagar v. Delhi Subordinate Services Selection Board Introduction The case of Neha Nagar v. Delhi Subordinate Services Selection Board (DSSSB)...

Enforcement of Higher Compensation Rates in Delayed Real Estate Possession: Suman Nandi v. Unitech Limited

Date: Dec 18, 2015

Enforcement of Higher Compensation Rates in Delayed Real Estate Possession: Suman Nandi v. Unitech Limited Introduction The case of Suman Nandi v. Unitech Limited adjudicated by the National Consumer...

CESTAT Reinforces Evidentiary Standards in Customs Misdeclaration Cases

Date: Dec 15, 2015

CESTAT Reinforces Evidentiary Standards in Customs Misdeclaration Cases Introduction The case of Tele Brands (India) Pvt. Ltd. v. Commissioner of Customs (Import), Mumbai, adjudicated by the Customs,...

CESTAT Kolkata Sets Precedent on Burden of Proof in Customs Confiscation: Nitya Gopal Biswas v. Commissioner of Customs

Date: Dec 5, 2015

CESTAT Kolkata Sets Precedent on Burden of Proof in Customs Confiscation: Nitya Gopal Biswas v. Commissioner of Customs Introduction The case of Nitya Gopal Biswas v. Commissioner of Customs (Prev.),...

Hede Ferrominas Pvt. Ltd. v. Commissioner of Customs (Import), Mumbai: Establishing the Correct Classification of Vessels under CTH

Date: Dec 5, 2015

Hede Ferrominas Pvt. Ltd. v. Commissioner of Customs (Import), Mumbai: Establishing the Correct Classification of Vessels under CTH Introduction The case of Hede Ferrominas Pvt. Ltd. v. Commissioner...

Strict Application of Section 147 for Reassessment Beyond Four Years: Commissioner of Income-tax v. Vishishth Chay Vyapar Ltd.

Date: Dec 4, 2015

Strict Application of Section 147 for Reassessment Beyond Four Years: Commissioner of Income-tax v. Vishishth Chay Vyapar Ltd. Introduction The case of Commissioner of Income-tax v. Vishishth Chay...