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Bombay High Court Allows Petition Challenging Policy Circulars in SEIS Benefits Case — Circulars Imposing Additional Conditions for Service Providers Held Ultra Vires. Shipping Agent Entitled to SEIS Benefits as Service Provider Under Foreign Trade Policy.

The petitioner, Atlantic Shipping Private Limited, a shipping agent providing port services and logistical support to foreign clients, challenged the ...

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INTERIM APPLICATION (L) NO. 25700 OF 2025

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NCLAT Dismisses Appeal Against Rejection of CIRP Petition Due to Settlement Agreement - Mediated Settlement Bars Insolvency Proceedings Under Section 61 of IBC, 2016

The appeal was filed by Mr. Rakesh Kumar Jain, a financial creditor, under Section 61 of the Insolvency and Bankruptcy Code, 2016, against an order da...

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Supreme Court Quashes Confiscation of Imported Silver Dollars Under Land Customs Act and Other Laws Holding Seizure and Finding of Offences Unjustified. Verdict Rests on Interpretation of Section 5(3) Land Customs Act, 1924, and Absence of Any Evidence of Smuggling or Illegal Import.

The appellant, a trading company, imported 1,65,000 Chinese silver dollars from Tibet into India via Sikkim State under two Reserve Bank import licenc...

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Bombay High Court Allows Anticipatory Bail in PMLA Case Due to Non-Application of Mind in Arrest Order. Arrest Under Section 19 PMLA Requires Independent Satisfaction; Verbatim Reproduction of CBI Remand Application Renders Arrest Illegal.

The applicants, Aditya Ishwardas Rasiwasia and Ishwardas Laxmichand Agarwal, filed an application under Section 438 of the Code of Criminal Procedure,...