Supreme Court

  • rera

SC struck down West Bengal Housing Industry Regulation Act 2017 (HIRA) as unconstitutional

Supreme Court struck down West Bengal Housing Industry Regulation Act 2017 (HIRA) as unconstitutional being repugnant to the RERA ABCAUS…

3 years ago
  • Income Tax

Deduction u/s 80-IA of the Income Tax Act not limited to head ‘business income’ only. – Supreme Court

Deduction u/s 80-IA of the Income Tax Act not limited to head ‘business income’ only. – Supreme Court. Sub section…

3 years ago
  • Limitation

SC restores order extending limitation period till further orders for all judicial or quasi-judicial proceedings

SC restores order extending limitation period till further orders for all judicial or quasi-judicial proceedings. Earlier, in 2020, the Supreme…

3 years ago
  • arbitration

Seat of arbitration outside India – Supreme Courts important judgment on Arbitration Act

Seat of arbitration outside India - Supreme Courts important judgment on application of New York Convention and foreign award under…

3 years ago
  • bankruptcy

Tribunal cannot sit in appeal on commercial wisdom of CoC and annul approved resolution plan. SC dismissed SLP

Appellate Tribunal cannot sit in appeal on commercial wisdom of the ‘Committee of Creditors’ and to annul the resolution plan.…

3 years ago
  • Income Tax

Consideration received on Family Settlement chargeable to capital gain tax in absence of preexisting right in property

Consideration received on Family Settlement chargeable to capital gain tax in absence of 'preexisting right' in property. SLP dismissed by…

3 years ago
  • negotiable instrument act

Supreme Court issues directions for speedy trial of offences for dishonour of cheques u/s 138 of Negotiable Instrument Act 1881

Supreme Court issues directions for speedy trial of offences for dishonour of cheques u/s 138 of Negotiable Instrument Act 1881…

3 years ago
  • bankruptcy

Entry in balance sheet may amount to acknowledgement of liability u/s 18 of Limitation Act if entry not with any caveat

Entry in balance sheet of a corporate debtor may amount to an acknowledgement of liability u/s 18 of the Limitation…

3 years ago
  • bankruptcy

Central/State Government/local authority bound by approved resolution plan retrospectively

The Central/State Government/local authority bound by the resolution plan once approved by Adjudicating Authority (i.e. NCLT) retrospectively. ABCAUS Case Law…

3 years ago
  • Income Tax

No automatic vacation of ITAT stay beyond 365 days when delay not attributable to assessee. SC upheld struck down of third proviso of Section 254(2A)

No automatic vacation of stay granted by ITAT beyond 365 days when delay in disposing appeal not attributable to assessee.…

3 years ago