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NCLAT Dismisses Appeal by Suspended Director Against Admission of Section 9 Application by Operational Creditor. Pre-existing Dispute Not Established as Operational Creditor's Claim for Refund of Advance Payment Was Not Disputed Prior to Demand Notice Under Section 8 of Insolvency and Bankruptcy Code, 2016.

The appeal was filed by Bhawani Prasad Mishra, a suspended director of B.S. Ispat Pvt. Ltd. (Corporate Debtor), challenging the order dated 26.03.2025...

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Madras High Court Examines Whether Settlement Commission Erred in Not Considering Export Performance During Extended Period in EPCG Duty Case. Appellant Sought Recalculation of Customs Duty Based on 30% Export Obligation Achieved, Arguing That One-Year Extension Was Not Properly Accounted.

The appellant, M/s. Asianet Satellite Communication Limited, a service provider in television network, imported cable TV equipment valued at Rs.6,14,3...

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High Court of Bombay Dismisses Union of India's Challenge to Settlement Commission's Jurisdiction in Customs Duty Evasion Case. Settlement Commission Has Power to Settle Cases Involving Confiscation and Penalty Under Customs Act, 1962, Even Without Quantified Duty.

The Union of India, through the Additional Director General of Revenue Intelligence, Mumbai, filed a writ petition under Article 226 of the Constituti...