The Protection of Interests in Aircraft Objects Act, 2025 gets assent of the President and has been notified. The Protection of Interests in Aircraft Objects Act, 2025, passed by the Indian Parliament, aligns India’s aviation laws with the Cape Town Convention (2001) and its Aircraft Protocol, to which …

Hon’ble Justice SC (Retd.) Shri Dinesh Maheshwari, appointed Chairperson of 23rd Law Commission of India Hon’ble Justice (Retd.) Shri Dinesh Maheshwari, Judge, Supreme Court of India has been appointed as full-time Chairperson of the 23rd Law Commission of India with effect from the forenoon of 15th April, 2025 …

ITAT restricted penalty under section 272A(1)(d) to the first default to notice issued u/s 143(2). In a recent judgment, ITAT Surat restricted penalty under section 272A(1)(d) to the first default only holding that penalty u/s 271(1)(b) cannot be imposed for each and every notice issued under section 143(2) …

Non payment of GST on the basis of condition in work order that GST will be paid by the purchaser of the goods, amounted to short payment In a recent judgment, Hon’ble Allahabad High Court held that liability to pay the GST is on the supplier & non …

The Banking Laws (Amendment) Act, 2025 gets President’s assent The President on 15.04.2025 has given assent to the Banking Laws (Amendment) Act, 2025. The Banking Laws (Amendment) Bill, 2024 was introduced in Lok Sabha on August 9, 2024 and passed by Lok Sabha and Rajya Sabha on 03.12.2024 …

There can be plethora of reasons for failure to execute a formal loan agreement reduced in writing. The need for written agreement should be best left to the judgment of the parties. In a recent judgment, ITAT Delhi observed that there can be plethora of reasons for failure …