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NCLAT Dismisses Appeals Challenging Admission of Section 7 Application by Allottees Against Corporate Debtor. The Tribunal upheld the NCLT order allowing impleadment of allottees and admitting the insolvency petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, as default was established.

The judgment pertains to two appeals filed against an order dated 04.03.2024 passed by the National Company Law Tribunal (NCLT), New Delhi Principal B...

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High Court of Karnataka Dismisses Appeal in Land Revenue Dispute — Upholds Deputy Commissioner's Order for Possession. Challenge to Revenue Entries and Possessory Rights Negatived as Appellants Failed to Establish Title or Valid Lease.

The case involves an intra-court appeal filed by M/S Neria Estates Rural Industries Association Pvt. Ltd. and its Managing Director against the State ...

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Bombay High Court Dismisses Assessee's Appeal in Income Tax Case on Dividend Distribution Tax Rate. DDT under Section 115-O is a tax on the company, not on shareholders, and the India-UK DTAA does not provide a lower rate for DDT.

The Bombay High Court dismissed a batch of seven appeals filed by Foseco India Ltd. under Section 260A of the Income Tax Act, 1961, challenging a comm...

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Karnataka High Court Examines Petition Seeking Quashment of CBI FIR and Charge Sheet for Corruption Offences. The Court Considers Legality of Telephone Interception under Indian Telegraph Act and Applicability of Section 17A Prevention of Corruption Act.

This writ petition under Articles 226 and 227 of the Constitution of India read with Section 482 Cr.P.C. was filed by the petitioner, a public servant...

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High Court Adjudicates Public Interest Petition Against Ministerial Orders on Land Reservation for Pune Telephones and Cooperative Housing Societies. The Court Considers Legality of Compromise Order and Subsequent Land Acquisition Proceedings in Light of Development Plan and ULC Act Provisions.

The petitioners, residents of Pune, filed a public interest petition under Article 226 of the Constitution challenging the order dated 6.2.1991 (a com...

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Bombay High Court Examines Whether Assault on Advocate at Police Station Amounts to Criminal Contempt. Bar Council's Contempt Petition Alleges Interference with Administration of Justice Under Section 2(c)(iii) of Contempt of Courts Act, 1971.

This contempt petition was filed by the Bar Council of Maharashtra and Goa, a statutory body under the Advocates Act, 1961, alleging criminal contempt...

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Supreme Court Clarifies Deduction of Broken Period Interest for Banks Treating Securities as Stock-in-TradeDeduction Allowed as Revenue Expenditure for Banks Holding Securities as Stock-in-Trade

The Supreme Court addressed the treatment of broken period interest for tax purposes. The issue centered on whether broken period interest could be de...

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Supreme Court Modifies Sentence for Doctor in Drugs and Cosmetics Act Case, Replacing Imprisonment with Fine. Conviction Under Section 18A for Non-Disclosure of Manufacturer's Name Upheld, But Sentence Reduced Based on Lack of Intent to Sell and Small Quantity of Medicines.

The appeal arose from an order of the High Court of Judicature at Madras dated 6th September 2021 in CRLRC No.413 of 2019, which refused interference ...