Corporate Law
Failure to file affairs of Company under section 454 : Prosecution must prove that it was wilful
The decision has significant implications for how compliance-related offences under the Companies Act are prosecuted, em...
NCLAT Upholds Jurisdiction in Insolvency Resolution Case, Directs Execution of Sale Deed
The NCLAT dismissed the appeal, instructing Shonu Chandra, the POA holder, and Sunder Lal to execute the Sale Deed in fa...
Service Tax - Reimbursable expenses incurred by service provider - Inclusion of such expenses in taxable value not sustainable.
As a result of these findings, the penalties and interest previously imposed were quashed, and the appeals filed by M/s....
Cenvat Credit cannot be denied without the invocation of suppression, misstatement, or fraud.
This decision reinforces the interpretation of settlement provisions under the Finance Act, 1994, and clarifies the cond...
Service tax cannot be levied on miscellaneous income
The judgment is expected to have a broader impact on similar disputes concerning service tax applicability on miscellane...
Expenses incurred for services provided and consumed outside India are not taxable under Reverse Charge Mechanism
This ruling provides a precedent for companies with overseas branches, reinforcing the principle that service tax is a d...
NCLT Mumbai Greenlights Yatra TG Stays Private Limited's Amalgamation Scheme
The NCLT's approval ensures that the Yatra group can proceed with its strategic business consolidation, promising positi...
NCLT Ahmedabad Bench Initiates Insolvency Resolution Process Against Personal Guarantor Puneet Singh Jaggi
The tribunal's order is a crucial development in insolvency jurisprudence, affirming the framework for addressing defaul...
NCLAT Overturns NCLT Order, Remands CIRP Settlement Case Back for Reconsideration
The decision highlights the appellate tribunal's commitment to ensuring that all parties in insolvency proceedings are g...
Insurance : Theft during transit : Insurer not liable where insured's employee left the insured property unattended
In light of these findings, the NCDRC set aside the State Commission's order, ruling in favor of the insurance company a...
Liquidator’s Fee, how calculated
The NCLAT's ruling is expected to provide guidance to liquidators and stakeholders involved in insolvency proceedings, e...
Google : Unilateral termination of developer account by Google without reasons - No Abuse of Dominant Position
The Commission noted that Google's explanation for its actions and policies appeared reasonable, and the appeals process...