Corporate
Employer Retains Right To Disciplinary Action Even After POSH Conciliation Settlement: Gauhati High Court
A Division Bench of the Gauhati High Court comprising Chief Justice Ashutosh Kumar and Justice Arun Dev Choudhury held that conciliation under Section 10(4) of the POSH Act bars only further inquiry by the Internal Complaints Committee and does not prevent the employer from initiating independent disciplinary proceedings under the service rules in light of new evidence to ensure a...
Rehabilitation Component Outside RERA, MahaRERA Dismisses Housing Society Members' Complaint
The Maharashtra Real Estate Regulatory Authority (MahaRERA) dismissed a complaint against the developer of a rela estate project in Pune clarifying that the RERA Act does not apply to disputes involving the "rehabilitation component" of redevelopment projects.The authority, presided by Member Mahesh Pathak, held that because rehabilitation members are not "allottees" in a commercial sense,...
MahaRERA Fines Akola Developer ₹10,000 For Blurred RERA Number And QR Code In Newspaper Advertisement
The Maharashtra Real Estate Regulatory Authority's (MahaRERA) Nagpur Bench has imposed a penalty of Rs 10,000 on a real estate developer after holding that a newspaper advertisement carried mandatory RERA details in a manner that “appears blur and beyond recognition”, defeating the very purpose of statutory disclosure for homebuyers. The order was passed by Deputy Secretary Sanjay...
GST Not Payable On Waste Management Services Provided To Govt-Owned Clean Kerala: AAR
The Kerala Authority for Advance Ruling (AAR) has ruled that solid waste management work carried out for Clean Kerala Company Limited is not taxable under GST, after finding that Clean Kerala is a government-owned company performing municipal functions. The ruling came on an application filed by Tiffot Private Limited, which handles the collection, transport, processing and disposal...
Lateral Movement Between Posts Carrying Same Grade Pay Not A Promotion: Chhattisgarh HC
A Division Bench of the Chhattisgarh High Court comprising Justice Rajani Dubey and Justice Amitendra Kishore Prasad held that movements between posts with the same Grade Pay (like Goods Guard to Passenger Guard) are lateral inductions, not promotions. Therefore, such movements should not be counted against the limited number of MACP upgradations. Background Facts The...
GST Payable On Payment Made By VSSC To Manpower Supplier During Lockdown Despite No Work: Kerala AAR
The Kerala Authority for Advance Ruling (AAR) has ruled that GST is payable on payments made by the Vikram Sarabhai Space Centre to a manpower supplier during the COVID-19 lockdown, even though no physical services were rendered. The ruling came on wages and interim payments received between 23 March 2020 and 31 May 2020, when work was suspended due to the nationwide lockdown. A...
GST Leviable On Exam Fees Collected By Devaswom Recruitment Board : Kerala AAR
The Kerala Authority for Advance Ruling has ruled that examination fees collected by the Kerala Devaswom Recruitment Board attract GST. It said the Board must register under GST once its annual turnover crosses Rs 20 lakh. The ruling was delivered by a coram comprising Jomy Jacob, Additional Commissioner of Central Tax, and Mansur M. I., Joint Commissioner of State Tax. The Recruitment...
GST | Wrong-State Tax Payment Triggers ₹10.91 Lakh Refund Fight For Vodafone Idea
What began as a wrong-State GST payment has snowballed into a Rs 10.91 lakh refund dispute for Vodafone Idea Ltd. (Vi), after the Delhi GST Department rejected its refund claim. On Wednesday, the Delhi High Court declined to intervene, noting that the dispute turned on how the refund period was selected while filing the application. The case arose after Vi mistakenly paid State GST under...
Income Tax | Tax Commissioner Cannot Revise Assessment On Wrong Assumption Of Amalgamation: Madras High Court
The Madras High Court has held that the Income Tax Department cannot invoke its revisionary powers under Section 263 of the Income Tax Act by proceeding on an incorrect assumption about the nature of a transaction. The court ruled that such powers cannot be exercised where a demerger is wrongly treated as an amalgamation. Dismissing the revenue's appeal, a bench of Justices Anita Sumanth...
Suspended Director Who Is A Prospective Resolution Applicant Not Entitled To Valuation Reports : NCLT Mumbai
The National Company Law Tribunal (NCLT) at Mumbai has dismissed a challenge by a suspended director seeking disclosure of valuation reports and other Corporate Insolvency Resolution Process (CIRP) documents. The court held that valuation reports are confidential and cannot be shared with persons who are themselves potential or competing resolution applicants. “Valuation reports...
Business Law Daily Round-Up: January 08, 2026
IBC NCLAT Limits Ansal Properties' Insolvency To Sushant Golf City and Rajasthan ProjectsFunding Rival Bids, Using Same IP Proves Bid Rigging, NCLAT Upholds CCI Penalty Against Klassy EnterprisesCalling Guarantor 'Director' In SARFAESI Notice Doesn't Invalidate Invocation Of Guarantee: NCLATNCLAT Upholds Eviction Of Subsidiaries From Corporate Debtor's Properties During LiquidationBank...
Stock Brokers Can Take Up Other Regulated Activities Under SEBI's New Regulations
Stock brokers can now take up other regulated financial activities, with approval, after the market regulator notified a fresh set of regukations that replaces the three-decade-old framework governing the broking industry. The Securities and Exchange Board of India (Stock Brokers) Regulations, 2026, notified on Wednesday, formally repeal the 1992 regulations and bring all...