All Tribunals Case Commentaries

Utility-Induced Evacuation Delays Constitute Force Majeure: Solitaire BTN Solar Pvt. Ltd. v. TNERC

Date: Jul 6, 2021

Utility-Induced Evacuation Delays Constitute Force Majeure: Solitaire BTN Solar Pvt. Ltd. v. TNERC Introduction The case of Solitaire BTN Solar Private Limited v. Tamil Nadu Electricity Regulatory...

Strict Compliance with Section 61 Procedure in Insolvency Appeals: Insights from D.R. Corporation v. Ravi Kapoor

Date: Jul 6, 2021

Strict Compliance with Section 61 Procedure in Insolvency Appeals: Insights from D.R. Corporation v. Ravi Kapoor 1. Introduction The case of D.R. Corporation (Proprietorship Firm) vs. Ravi Kapoor...

Operational Creditor Recognition in Insolvency: Concast Steel And Power Ltd v. MSTC Ltd

Date: Jul 6, 2021

Operational Creditor Recognition in Insolvency: Concast Steel And Power Ltd v. MSTC Ltd Introduction The case of Concast Steel and Power Limited (CSPL) (in liquidation) versus MSTC Limited before the...

SEBI's Landmark Judgment on ISSL: Strengthening Clearing Members' Risk Management

Date: Jul 3, 2021

SEBI's Landmark Judgment on Il&Fs Securities Services Limited: Strengthening Clearing Members' Risk Management Introduction On July 2, 2021, the Securities and Exchange Board of India (SEBI)...

SEBI Establishes Rigorous Conduct Standards for Clearing Members: Landmark Penalty on IL&FS Securities Services

Date: Jul 3, 2021

SEBI Establishes Rigorous Conduct Standards for Clearing Members: Landmark Penalty on IL&FS Securities Services Introduction In a significant regulatory action, the Securities and Exchange Board of...

Appellate Tribunal For Electricity Establishes Jurisdictional Boundaries in Trading Margin Regulations

Date: Jul 3, 2021

Appellate Tribunal For Electricity Establishes Jurisdictional Boundaries in Trading Margin Regulations Introduction The case of Solar Energy Corporation Of India Limited [Through Its Managing...

No Addition Under Section 43CA for Less Than 10% Difference in Sale Consideration

Date: Jul 3, 2021

No Addition Under Section 43CA for Less Than 10% Difference in Sale Consideration Introduction The case of Stalwart Impex Private Limited, Mumbai v. Income Tax Officer, adjudicated on July 2, 2021,...

NCLAT Reinforces Procedural Integrity in Insolvency Resolution: Dwarkadhish Sakhar Karkhana Ltd. v. Pankaj Joshi & Anr.

Date: Jun 29, 2021

NCLAT Reinforces Procedural Integrity in Insolvency Resolution: Dwarkadhish Sakhar Karkhana Ltd. v. Pankaj Joshi & Anr. Introduction The case of Dwarkadhish Sakhar Karkhana Limited v. Pankaj Joshi &...

Enforcement of SEBI Registration Requirements for Investment Advisers: Insights from Profitsaim Judgment

Date: Jun 29, 2021

Enforcement of SEBI Registration Requirements for Investment Advisers: Insights from Profitsaim Judgment Introduction The Securities and Exchange Board of India (SEBI) plays a pivotal role in...

SEBI Censures Link Intime India RTA for Non-Compliance with Specimen Signature Regulations

Date: Jun 25, 2021

SEBI Censures Link Intime India RTA for Non-Compliance with Specimen Signature Regulations Introduction The Securities and Exchange Board of India (SEBI) issued an order on June 24, 2021, addressing...

Clarifying the Jurisdiction over Dividend Distribution Tax under Section 115-O in Light of India-France DTAA: An ITAT Mumbai Analysis

Date: Jun 24, 2021

Clarifying the Jurisdiction over Dividend Distribution Tax under Section 115-O in Light of India-France DTAA: An ITAT Mumbai Analysis Introduction The case of Deputy Commissioner Of Income Tax Circle...

Restoration of Company Status Amidst Filing Defaults: Insights from Patel v. Registrar of Companies

Date: Jun 22, 2021

Restoration of Company Status Amidst Filing Defaults: Insights from Patel v. Registrar of Companies Introduction The case of Vikas Sureshbhai Patel v. The Registrar of Companies adjudicated by the...

Classification of Creditor Claims in Insolvency Proceedings: Insights from Greater Noida Industrial Development Authority v. Pramod Agrawal

Date: Jun 22, 2021

Classification of Creditor Claims in Insolvency Proceedings: Insights from Greater Noida Industrial Development Authority v. Pramod Agrawal Introduction The case of Greater Noida Industrial...

Private Limited Companies as Consumers under the Consumer Protection Act: Insights from M/s Marvel Heights v. M/s Tata Capital Housing Finance Ltd.

Date: Jun 22, 2021

Private Limited Companies as Consumers under the Consumer Protection Act: Insights from M/s Marvel Heights v. M/s Tata Capital Housing Finance Ltd. Introduction The case of M/s Marvel Heights &...

Strict Adherence to CIRP Timelines Affirmed in Harish Polymer Product v. George Samuel

Date: Jun 19, 2021

Strict Adherence to CIRP Timelines Affirmed in Harish Polymer Product v. George Samuel Introduction The case of Harish Polymer Product v. George Samuel And Another adjudicated by the National Company...

Ensuring Due Process: C.A.T. Sets Aside Police Officer's Dismissal for Procedural Lapses under Article 311(2)(b)

Date: Jun 18, 2021

Ensuring Due Process: C.A.T. Sets Aside Police Officer's Dismissal for Procedural Lapses under Article 311(2)(b) Introduction The case of Tara Dutt v. Government of NCTD was adjudicated by the...

Defining 'Own Premises' in Insurance Claims: Global Minetec vs. ICICI Lombard Sets Precedent

Date: Jun 17, 2021

Defining 'Own Premises' in Insurance Claims: Global Minetec vs. ICICI Lombard Sets Precedent Introduction The case of Global Minetec Through Its Authorized Representative Sh. Ranjeet Singh Gour vs....

SEBI's Crackdown on Unregistered Investment Advisers: The Prowise Capital Judgment

Date: Jun 15, 2021

SEBI's Crackdown on Unregistered Investment Advisers: The Prowise Capital Judgment Introduction The Securities and Exchange Board of India (SEBI) issued a final order on June 14, 2021, against...

PTCUL v. Power Grid Corporation: Establishing Guidelines for Transmission Tariff Approval

Date: Jun 14, 2021

PTCUL v. Power Grid Corporation: Establishing Guidelines for Transmission Tariff Approval Introduction The case of Power Transmission Corporation Of Uttarakhand Ltd. (PTCUL) v. Power Grid Corporation...

Establishing Precedent for Accidental Death Claims Without FIR: New India Assurance Ltd. v. Prashant Rana

Date: Jun 12, 2021

Establishing Precedent for Accidental Death Claims Without FIR: New India Assurance Ltd. v. Prashant Rana Introduction The case of New India Assurance Company Ltd. v. Prashant Rana adjudicated by the...