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NCLAT Allows Fresh Form G to Maximize Asset Value in CIRP of Raigarh Champa Rail Infrastructure Pvt. Ltd. — Challenge Mechanism Under Regulation 39(1A)(b) of IBBI Regulations, 2016 Must Be Conducted Among Existing Resolution Applicants.

The appeal was filed by JM Financial Asset Reconstruction Company Ltd., acting as trustee of Rail December 2024 Trust, challenging the Impugned Order ...

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Bombay High Court Dismisses Writ Petition Against MSME Facilitation Council Award on Maintainability Grounds. Council Has Jurisdiction Over Disputes Arising Before 2006 Act Came Into Effect.

The petitioner, Bajaj Auto Limited, challenged an award of the Micro and Small Enterprises Facilitation Council (respondent no. 4) in a writ petition ...

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Bombay High Court Dismisses Revenue's Appeal in Income Tax Case, Allows Additional Deduction Claim Without Revised Return. Assessee's claim for deduction under Section 43B of Income Tax Act, 1961, though not made in original return, is admissible before appellate authorities.

The case involves an appeal by the Commissioner of Income Tax against an order of the Income Tax Appellate Tribunal (ITAT) which upheld the assessee's...

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High Court of Bombay at Nagpur Upholds Transfer of Income Tax Cases from Wardha to Jodhpur Under Section 127 of Income Tax Act, 1961 — Transfer Order Valid Despite Alleged Violation of Natural Justice as Assessees Were Given Opportunity of Hearing and Reasons Recorded.

The judgment pertains to two writ petitions filed by assessees challenging the transfer of their income tax cases from Wardha, Maharashtra to Jodhpur,...

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High Court of Karnataka Adjudicates Multiple Writ Appeals on Recruitment and Reservation in Primary and Secondary Education Department. Dispute Arises from Selection Process for Backward Classes Welfare Department Posts and Alleged Irregularities in Admissions/Centralised Admission Cell Procedures.

A Division Bench of the High Court of Karnataka heard a batch of writ appeals filed by 43 appellants against the State of Karnataka, its education dep...

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Karnataka High Court Examines Conviction of EPFO Official for Bribery Under Prevention of Corruption Act; Validity of Sanction and Proof of Demand Analyzed. Court Considers Whether Sanction Order Was Granted After Proper Application of Mind and Whether Accused Actually Demanded the Bribe.

The appellant, a former Senior Social Security Assistant in the Employees Provident Fund Organisation (EPFO), Regional Office, Bengaluru, was convicte...