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HMT Takes Final Step To Close HMT Watches, Files Application With Ministy Of Corporate Affairs
HMT, one of the nation's oldest public sector manufacturing brands, has taken the final step to shut down its watchmaking arm, HMT Watches Limited, by filing an application to strike off the company with the Ministry of Corporate Affairs on January 6, 2026. The filing was disclosed by HMT Limited in a regulatory filling with the stock exchanges. HMT Watches, once known as the 'Timekeeper...
Delhi Riots Larger Conspiracy Case: Court Issues Release Orders For Gulfisha Fatima, Meeran Haider, Shifa Ur Rehman & Saleem Khan
A Delhi Court on Wednesday paved way for the release of four out of the five accused granted bail by the Supreme Court in relation to the 2020 North-East Delhi riots larger conspiracy case. Additional Sessions Judge Sameer Bajpai of Karkardooma Courts issued release orders for Gulfisha Fatima, Meeran Haider, Shifa Ur Rehman and Mohd Saleem Khan.The judge accepted their bail bonds and issued...
Bombay High Court Refuses Interim Relief To Minco India Against Group Company Over 'MINCO' Mark
The Bombay High Court on Tuesday refused to grant interim relief to Minco India Private Limited in a trademark dispute over the use of the word “MINCO”. The court held that the company had suppressed material facts and had allowed the rival firm to use the name since at least 2012 without objection. Justice Sharmila U Deshmukh dismissed an interim application seeking to restrain Minco...
Victim Appeals Against Acquittal Can Be Summarily Dismissed If Victim Has No Prima Facie Arguable Case: Kerala High Court
The Kerala High Court recently held that a victim's appeal against acquittal under Section 413 of the Bharatiya Nagarik Suraksha Sanhita can be summarily dismissed when there is no prima facie material to show that victim has an arguable case.The Division Bench of Dr. Justice A.K. Jayasankaran Nambiar and Justice Jobin Sebastian observed that the provision for summary dismissal of...
"Producers Not Notified For Review Of Film": Madras High Court Questions CBFC Over Non-Certification Of Jana Nayagan Film, Reserves Order
The Madras High Court on Tuesday reserved orders on a plea filed by producers of the upcoming Tamil movie "Jana Nayagan" starring Vijay, over the non-issuance of the CBFC certificate.While reserving the orders, the court questioned the Central Board of Film Certification (CBFC) on its decision to reopen the certification process of the Tamil film JanaNayagan, observing that the entire exercise...
CESTAT Delhi Quashes Customs Duty Demand On Bharti Airtel In Router Parts Classification Dispute
The Customs, Excise and Service Tax Appellate Tribunal, New Delhi, on Tuesday quashed the levy of differential customs duty on telecom major Bharti Airtel Limited. It held that the imported router components were classifiable as “parts of routers” and not as “Network Interface Cards (NICs) or standalone communication apparatus” under the customs tariff. A coram comprising...
Challenge To Assignment Of Kerala University Land To AKG Centre Must Be Heard As PIL: Kerala High Court
A former employee of the Kerala University moved the High Court on Tuesday (January 7) challenging the assignment of the University's land to AKG Centre for Research and Studies.The plea before the Court was preferred by the former Joint Registrar of the University, and who later on become a member of the syndicate of Kerala University and the Cochin University of Science and...
Can Service Tax Be Levied On Transfer of Development Rights? Delhi High Court To Decide
The Delhi High Court on Monday took up a Revenue appeal that squarely raises the question of whether the transfer of development rights constitutes a taxable service under the Finance Act, 1994. A Division Bench of Justices Nitin Wasudeo Sambre and Ajay Digpaul issued notice in an appeal filed by the Service Tax Department against an order of the Delhi Customs, Excise and Service Tax...
CESTAT Chandigarh Restores Customs Broker Licence Over Violation Of Regulatory Timelines
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT) at Chandigarh has set aside the suspension of a customs broker's licence after finding that the authorities themselves failed to follow the timelines laid down under the Customs Broker Licensing Regulations, 2018. Calling the delay fatal, the tribunal directed that the licence be restored within four weeks. A coram of...
NCLT Mumbai Approves Sagacious Capital's Rs 110 Crore Plan To Revive Reliance Innoventures
The National Company Law Tribunal (NCLT) at Mumbai has approved a Rs. 110.10 crore resolution plan submitted by Sagacious Capital Pvt Ltd for the revival of debt-ridden Reliance Innoventures Pvt Ltd. The tribunal held that once a plan satisfies the requirements of the Insolvency and Bankruptcy Code, the tribunal cannot interfere with the commercial decisions of lenders. A...