Contingent Liability vs Laid Out Expense: Delhi HC Allows Vodafone To Claim ₹5.1 Crore Depreciation Over Estimated Costs To Restore Mobile Tower Sites

The Delhi High Court has allowed Vodafone Mobile, engaged in providing telecommunication services, to claim depreciation of ₹5.10 crores in respect of fixed assets over provisioned expenditure to discharge its contractual obligation of restoring mobile tower sites to their original condition at the end of the lease period.Though Asset reconstruction Cost (ARC) was laid out by Vodafone,...

Veracity Of Allegations Against Settlement Agreement Cannot Be Looked Into By Court In Application U/S 11 Of Arbitration Act: Delhi High Court

The Delhi High Court bench of Justice Manoj Kumar Ohri has reiterated that the scope of inquiry under Section 11 of the Arbitration and Conciliation Act, 1996, is limited to examining the prima facie existence of the arbitration agreement. It was further observed that if either party contests a prior settlement agreement, then such allegations cannot be looked into by the Court under...

Delhi High Court Orders Take Down Of YouTuber Shyam Meera Singh's 'Defamatory' Video On Sadhguru, Isha Foundation

The Delhi High Court on Wednesday directed the take down of YouTuber Shyam Meera Singh's recent, allegedly defamatory YouTube video on Isha Foundation and its founder spiritual leader Sadhguru Jaggi Vasudev.The video titled “Sadhguru EXPOSED: What's happening in Jaggi Vasudev's Ashram” was uploaded by Singh on his YouTube channel on February 24 and he shared it on his 'X' page...

Counterfeit Medical Products Threat To Public Health: Delhi HC Awards ₹3.34 Crore Damages To Johnson & Johnson Over Trademark Infringement

The Delhi High Court has issued a permanent injunction in favour of the American pharmaceutical company Johnson & Johnson, against trademark infringement and selling large quantities of counterfeit products by a party engaged in the sale of surgical devices using Johnson & Johnson's 'Surgicel', 'Ligaclip' and 'Ethicon' trademarks.Remarking that the counterfeit medical products posed...

'Luxury Litigation': Delhi High Court Dismisses SBI's Plea To Expunge Magistrate's Remarks Suggesting Collusion In Loan Default Case

Remarking that the State Bank of India (SBI) was pursuing a “luxury litigation”, the Delhi High Court dismissed the bank's petition which sought to expunge remarks made by a Magistrate which pointed to a lack of due diligence on the part of SBI in recovery of loan amount and further indicated collusion with the defaulter.Justice Dharmesh Sharma commented, “This is a luxury litigation...

Subsequent Notice U/S 28(4) Customs Act Cannot Be 'Supplementary' To Prior Notice U/S 28(1), Both Provisions Operate In Separate Fields: Delhi HC

The Delhi High Court has held that notices under Section 28(1) and Section 28(4) of the Customs Act 1962 operate in different scenarios and even by an exaggerated stretch, cannot possibly be said to be interchangeably issued.Section 28 relates to recovery of duties not levied or not paid or short-levied or short-paid or erroneously refunded. It provides for two separate types of notices:...

Delhi High Court Seeks NIA's Response On MP Engineer Rashid's Plea For Custody Parole To Attend Parliament Budget Session

Jammu and Kashmir MP Engineer Rashid on Wednesday moved the Delhi High Court challenging a trial court order denying him custody parole in a terror funding case registered under UAPA.Rashid has sought custody parole in order to enable him to attend the ongoing Parliament session. A division bench comprising Justice Prathiba M Singh and Justice Rajneesh Kumar Gupta sought response of the...

S.28(4) Customs Act | Genuine Disagreement With Department Regarding Classification Of Goods Not 'Suppression Of Facts' By Trader: Delhi HC

The Delhi High Court has held that merely because there is disagreement between the Customs department and a trader regarding the classification of the latter's goods for the purpose of levying duty, it does not mean that the trader has indulged in 'suppression of facts' from the Department.The expression is relevant in terms of Section 28(4) of the Customs Act, 1962, which provides for...

Complainant Has No Right To Be Heard In Bail Proceedings Under Juvenile Justice Act: Delhi High Court

The Delhi High Court has ruled that a complainant has no right to be heard at every stage of bail proceedings under the Juvenile Justice Act. “The involvement of the complainant remains a matter of judicial discretion rather than an enforceable entitlement, and the fundamental principle of juvenile justice i.e., "rehabilitation over retribution" must remain paramount in any...

Income Tax Rules | Centre's Power To Relax Conditions Under Rule 9C Exceptional & Discretionary, Not Ordinarily Subject To Judicial Review: Delhi HC

The Delhi High Court has made it clear that the power of the Central government to relax conditions prescribed under Rule 9C of the Income Tax Rules 1962, read with Section 72A of the Income Tax Act, 1962, is exceptional, discretionary and cannot ordinarily be subject to judicial review.In terms of Section 72A of the Act, the accumulated losses and unabsorbed depreciation of the...

Suspension Of Wrestling Federation Of India Revoked: Centre Tells Delhi High Court

The Central Government on Tuesday informed the Delhi High Court that the suspension of Wrestling Federation of India (WFI) by the Union Sports Ministry on December 24, 2023, has been revoked. An order to the said effect was passed by the Ministry of Youth Affairs and Sports on March 10. Vide the said order, the Centre has restored the recognition of WFI as a national sports federation...

S.36 Income Tax Act | Deduction For Bad Debt Allowed Only If Assessee Lends In Ordinary Course Of Banking/Money Lending Business: Delhi HC

The Delhi High Court has made it clear that allowance in respect of bad debts as an expense under Section 36 of the Income Tax Act, 1961, is permissible only if:(a) the debt was taken into account for computing the income of the assessee in the previous year in which the amount is written off or prior previous years; or (b) represents money lent in the ordinary course of business of banking...