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Bombay High Court Dismisses Petitioner's Claim for COVID-19 Insurance Cover Due to Death After Cut-Off Date. The court held that the scheme's cut-off date of 30th June 2021 must be strictly applied based on the date of death, not the date of infection.

The petitioner, Ramesh Balu Patil, filed a writ petition before the Bombay High Court seeking a writ of mandamus to quash the order dated 24th May 202...

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NCLAT Issues Notice in Appeal Against Rejection of Resolution Plan Approved by 100% CoC Vote. The Tribunal stays liquidation pending hearing, noting that the Resolution Professional and CoC also intend to challenge the same order.

The National Company Law Appellate Tribunal (NCLAT) heard an appeal filed by Deepvir Enterprises & Anr. against an order of the Adjudicating Authority...

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Supreme Court Adjudicates Tax Treatment of Compensation for Partial Termination of Selling Agency under Income Tax Act, 1922. The Court considered whether the sum received by the assessee for termination of agency rights outside Hyderabad State constituted a capital receipt or revenue receipt.

Background: The case involved the income tax assessment of the respondent, a registered firm carrying on business as selling agents and distributors o...

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Bombay High Court Dismisses Writ Petition by Employees of Private Unaided Educational Institutes Seeking Regularisation. Institutes Not 'Schools' Under Maharashtra Employees of Private Schools Act, 1977, Hence No Entitlement to Absorption.

The petitioners, numbering 41 individuals, were employees of two private unaided educational institutes: Adv. V. R. Manohar Institute of Diploma in Ph...