Amalgamation Doesn't Wind Up Company; Income Tax Notice Not Invalid Merely Because It Was Sent To Amalgamating Company : Supreme Court

The Supreme Court, on Tuesday, held that whether corporate death of amalgamating entity upon amalgamation per se invalidates an assessment order issued under the Income Tax Act, 1961 cannot be determined on a bare application of Section 481 of the Companies Act, 1956 or its equivalent in the 2013 Act, which deals with the dissolution of the said company. The Apex Court stated that the...

Centre Should Allocate Funds To Implement Domestic Violence Act : Supreme Court

The Supreme Court on Wednesday observed that the Central Government cannot leave the implementation of the provisions of the Domestic Violence Act 2005 to the States alone and should bear the responsibility of allocating funds for the enforcement of the rights under the Act.A bench comprising Justices UU Lalit, S Ravindra Bhat and PS Narasimha was hearing a PIL filed by the NGO "We The Women...

Supreme Court Disposes Amazon-Future Case As Parties Agree To Resume Singapore Arbitration Proceedings

The Supreme Court on Wednesday recorded the agreement between Amazon and Future Group to approach the Singapore Arbitration Tribunal to resume the arbitration proceedings on an understanding that the Tribunal will on priority hear Future Retail Ltd's application seeking termination of the arbitration proceedings instituted by Amazon against the FRL's merger with Reliance Group.The Court...

Breaking: Delhi HC Strikes Down MEA's Decision Requiring Judges Of Supreme Court, High Courts To Seek Political Clearance For Private Visits Abroad

The Delhi High Court has struck down an office memorandum dated July 13, 2021 issued by Ministry of External Affairs, to the extent that it required the judges of the Supreme Court and the High Courts to seek political clearance for private visits abroad. "Insofar as the instant O.M. dated 13.07.2021 requires judges of the Supreme Court and the High Courts to seek political clearance for...

NEET-PG Counselling : Supreme Court To Hear Tomorrow Issue Related To Maharashtra State Quota

In the NEET-PG Counselling matter, the Supreme Court on Wednesday agreed to consider tomorrow the issue related to the counselling process in the State Quota in Maharashtra.An application has been filed by a group of doctors seeking a clarification that the restriction in the March 31 order of the Supreme Court for State Quota candidates to join Mop-Up round applies only to those candidates...

TMC Leader Saket Gokhale Moves Supreme Court Challenging Extension Of Tenure To ED Director SK Mishra

All India Trinamool Congress's Spokesperson Saket Gokhale has moved Supreme Court challenging the extension of tenure of Mr. Sanjay Kumar Mishra, current Director of Directorate of Enforcement on grounds of it being invalid under the provisions of Sec 25 of The Central Vigilance Commission Act, 2003. It was alleged that his extension of tenure is also in gross violation of the...

PMLA vs IBC : Supreme Court Expresses Concerns Over ED Attaching Properties Purchased By Resolution Applicants

The Central Government on Tuesday informed the Supreme Court that it will come up with a mechanism with regard to the properties which are proceeds of crime as defined under the Prevention of Money Laundering Act but are purchased by a new owner in insolvency process under the Insolvency and Bankruptcy Code (IBC).The question involved is whether in cases where the property is acquired by...

Supreme Court Reserves Decision In Petition To Move Regional Bench Of NGT From Bhopal To Jabalpur

The Supreme Court on Tuesday, reserved its decision in a petition challenging 'various anomalies' arising out of implementation of the National Green Tribunal Act, 2010. The Petitioners have also sought for directions of the Court to move the regional bench of NGT from Bhopal to Jabalpur. The bench comprising of Justice K.M. Joseph and Justice Hrishikesh Roy has further directed that...

Supreme Court Rejects Married Daughter's Claim For Compassionate Appointment As Mother Didn't Support It

The Supreme Court on Tuesday rejected a married daughter's claim for compassionate appointment on account of the death of her father who was in government service, a the widowed mother did not sponsor her name.A bench comprising Justices Ajay Rastogi and CT Ravikumar noted that as per Rule 2.2 of the Scheme for Compassionate Appointment in Madhya Pradesh as per which the surviving spouse has...

'Serious Allegations': Supreme Court Issues Notice In Plea For Probe Against IPS Officer In Multi Crore Scam Despite Petitioner Seeking To Withdraw Petition

While refusing to allow petitioner's request to withdraw the case, Supreme Court on Tuesday issued notice in a writ petition filed seeking investigation into a multi crore bank scam allegedly committed by an Uttarakhand IPS Officer and into the alleged murder of a whistle blower. "You have made such serious allegations" a bench comprising CJI NV Ramana, Justice Krishna Murari and Justice...

AFT Can Interfere With Court-Martial Finding If There Is Material Irregularity : Supreme Court Reinstates Army Officer

Observing that the Armed Forces Tribunal has the jurisdiction to interfere with the finding of a Court-Martial, the Supreme Court reinstated an army officer, upholding the setting aside of his conviction in a corruption case.The Court also observed that conviction solely on the basis of extra-judicial confession without corroboration is unjustified"It could thus be seen that the...

Supreme Court Issues Notice On NCLT Bar Association's Petition Challenging MCA Notification Fixing NCLT Members' Term As 3 Years

The Supreme Court on Tuesday issued notice in a writ petition seeking to modify the term of 3 years fixed by a notification issued by the Ministry for the members of the National Company Law Tribunal as 5 years.The Notification was issued on 20.09.2019 by the Ministry of Corporate Affairs in exercise of the powers conferred by section 408 of the Companies Act, 2013. The term was fixed as...