All Tribunals Case Commentaries

SEBI's Interim Order on Telegram-Based Stock Manipulation: A Landmark Legal Commentary

Date: Jan 13, 2022

SEBI's Interim Order on Telegram-Based Stock Manipulation: A Landmark Legal Commentary Introduction On January 12, 2022, the Securities and Exchange Board of India (SEBI) issued an interim order...

Reaffirmation of Promotion Principles Under Unamended Service Rules: Kartar Chand v. State of J&K

Date: Jan 13, 2022

Reaffirmation of Promotion Principles Under Unamended Service Rules: Kartar Chand v. State of J&K Introduction The case of Kartar Chand v. State of Jammu & Kashmir before the Central Administrative...

RERA Punjab Limits Jurisdiction Over Unregistered Projects Following 'Newtech' SC Decision

Date: Jan 13, 2022

RERA Punjab Limits Jurisdiction Over Unregistered Projects Following 'Newtech' SC Decision Introduction The case of Dr. Anjali Sharma v. Gupta Builders And Promoters Private Limited before the Real...

Enforcement of SEBI Regulations Against Unregistered Investment Advisers: The Billionaire Solutions Case

Date: Jan 13, 2022

Enforcement of SEBI Regulations Against Unregistered Investment Advisers: The Billionaire Solutions Case Introduction The Securities and Exchange Board of India (SEBI) plays a pivotal role in...

Clarifying the Boundaries of Section 263 and Asset Acquisition Parameters Under the IT Act: Insights from M/s A&J Associates vs. PR CIT-19, Mumbai

Date: Jan 12, 2022

Clarifying the Boundaries of Section 263 and Asset Acquisition Parameters Under the IT Act: Insights from M/s A&J Associates vs. PR CIT-19, Mumbai Introduction The case of M/s A&J Associates, Mumbai...

Collusive Transactions and the Definition of Financial Debt under IBC: Insights from Rushabh Civil Contractors Pvt. Ltd. v. Centrio Lifespaces Ltd.

Date: Jan 12, 2022

Collusive Transactions and the Definition of Financial Debt under IBC: Insights from Rushabh Civil Contractors Pvt. Ltd. v. Centrio Lifespaces Ltd. Introduction The case of Rushabh Civil Contractors...

NCLAT Upholds Dismissal of Section 9 Application Due to Pre-Existing Disputes

Date: Jan 12, 2022

NCLAT Upholds Dismissal of Section 9 Application Due to Pre-Existing Disputes Introduction The case of M/s Pitti Coal Company v. M/s Mahalaxmi Continental Ltd. primarily revolves around an appeal...

Binding Nature of Bids in Insolvency E-Auctions: Insights from Visisth Services Ltd. v. S.V. Ramani and Others

Date: Jan 12, 2022

Binding Nature of Bids in Insolvency E-Auctions: Insights from Visisth Services Ltd. v. S.V. Ramani and Others Introduction The case of M/s. Visisth Services Limited v. S.V. Ramani and Others...

Extension of Commissioning Deadline in Renewable Energy Projects: Wind Four Renergy Pvt Ltd vs CERC

Date: Jan 12, 2022

Extension of Commissioning Deadline in Renewable Energy Projects Wind Four Renergy Pvt Limited v. Central Electricity Regulatory Commission (CERC) & Ors. Court: Appellate Tribunal For Electricity...

Establishing Consumer Status in Real Estate Transactions: Insights from Jignya Mittal v. Macrotech Developers Limited

Date: Jan 11, 2022

Establishing Consumer Status in Real Estate Transactions: Insights from Jignya Mittal v. Macrotech Developers Limited Introduction The case of Jignya Mittal v. Macrotech Developers Limited...

Punjab National Bank v. Uma Shanker Pandey: Establishing Firm Recovery Protocols for NPA Accounts

Date: Jan 11, 2022

Punjab National Bank v. Uma Shanker Pandey: Establishing Firm Recovery Protocols for NPA Accounts Introduction The case of Punjab National Bank v. Uma Shanker Pandey was adjudicated by the Debts...

CERC's Landmark Decision on Transmission Tariff Truing and 2019-2024 Tariff Determination for PGCIL

Date: Jan 11, 2022

CERC's Landmark Decision on Transmission Tariff Truing and 2019-2024 Tariff Determination for PGCIL Introduction The case of Power Grid Corporation Of India Limited v. Himachal Pradesh State...

Affirming Eligibility of Cooperative Societies for Deductions under Section 80P(2)(d) on Interest Income from Cooperative Banks

Date: Jan 8, 2022

Affirming Eligibility of Cooperative Societies for Deductions under Section 80P(2)(d) on Interest Income from Cooperative Banks Introduction The case of Rena Sahakari Sakhar Karkhana Ltd. vs. Pr....

Ensuring Proper Identification of Corporate Debtors under IBC: Masters Development Management v. Team Taurus Realty

Date: Jan 8, 2022

Ensuring Proper Identification of Corporate Debtors under IBC: Masters Development Management (India) Pvt. Ltd. v. Team Taurus Realty and Infrastructure Pvt. Ltd. Introduction The case of Masters...

NCLAT Reaffirms Secured Creditor Status Without Registered Charges: Sicom Ltd v. Sundaresh Bhat et al.

Date: Jan 7, 2022

NCLAT Reaffirms Secured Creditor Status Without Registered Charges: Sicom Ltd v. Sundaresh Bhat et al. Introduction The case of Sicom Limited, Solitaire Corporate Park v. Sundaresh Bhat, Liquidator...

Consumer Protection Affirms Right to Refund with Interest in Deficient Real Estate Transactions: NARINDER SACHDEVA & ANR. v. ANSAL HOUSING AND CONSTRUCTION LTD.

Date: Jan 7, 2022

Consumer Protection Affirms Right to Refund with Interest in Deficient Real Estate Transactions: NARINDER SACHDEVA & ANR. v. ANSAL HOUSING AND CONSTRUCTION LTD. Introduction The case of Narinder...

Saroj Rana v. Sahara Credit Co-operative Society Ltd: Expanding Consumer Forum Jurisdiction

Date: Jan 7, 2022

Saroj Rana v. Sahara Credit Co-operative Society Ltd: Expanding Consumer Forum Jurisdiction Introduction The case of Saroj Rana v. Sahara Credit Co-operative Society Ltd adjudicated by the District...

Income Tax Appellate Tribunal Indore: Excess Stock Classified as Business Income, Not Unexplained Investment

Date: Jan 7, 2022

Income Tax Appellate Tribunal Indore: Excess Stock Classified as Business Income, Not Unexplained Investment Introduction The case of The ACIT (Central)-1, Indore v. Shri Anoop Neema was adjudicated...

Enforceability of Contractual Extensions in Power Purchase Agreements: Insights from Vatsala Ballary Solar Projects Pvt. Ltd. v. KERC & Anr.

Date: Jan 7, 2022

Enforceability of Contractual Extensions in Power Purchase Agreements: Insights from Vatsala Ballary Solar Projects Pvt. Ltd. v. KERC & Anr. Introduction The case of Vatsala Ballary Solar Projects...

Mandatory Compliance with Section 144C of the Income Tax Act: DCIT v. Dina Mahabir Re-Rollers Pvt Ltd Establishes Strict Procedural Requirements for Final Assessment Orders

Date: Jan 6, 2022

Mandatory Compliance with Section 144C of the Income Tax Act: DCIT v. Dina Mahabir Re-Rollers Pvt Ltd Establishes Strict Procedural Requirements for Final Assessment Orders Introduction The case of...