Karnataka High Court Asks Centre To Consider Digitally Verifiable Bank Guarantees With Tamper-Proof QR Codes To Prevent Fraud

The Karnataka High Court has suggested some measures for the Union Ministry of Finance to take into consideration while evolving a comprehensive and standardised system for verification of bank guarantees furnished during the tendering process or otherwise, so as to prevent frauds.The court was informed by the Government that it has taken cognisance of the issue of wider systemic vulnerability...

HSNS Cess Rules Notified: Pan Masala Makers to Pay Levy Based on Installed Machines From Feb 1

The Ministry of Finance has notified the Health Security & National Security (HSNS) Cess Rules, 2026, on January 1, setting out the procedure for levying a new cess on machines installed and processes undertaken for the manufacture of pan masala. The cess will come into force on February 1, 2026, and the collections will be used to fund national security and public health...

'Highest Positions In Legal Profession Always Reserved For Hardworking & Patient Young Lawyers': Justice SK Sahoo Bids Adieu To Orissa High Court

The Orissa High Court, under the leadership of Chief Justice Harish Tandon, organized a farewell ceremony on Monday (January 05) for Justice Sangam Kumar Sahoo, who has recently been appointed as the Chief Justice of the Patna High Court. A Full Court Reference was held in the Chief Justice's old Court room in the afternoon, which was attended not only by the Judges of the Court but also...

Tamil Nadu RERA Mandates Three Bank Accounts Per Real Estate Project To Track Homebuyer Funds

To ensure that money collected from homebuyers for one real estate project is not diverted to another, the Tamil Nadu Real Estate Regulatory Authority (TN RERA) has issued an order requiring promoters/builders to operate three separate and designated bank accounts for every registered project. The order, issued on December 12, 2025, will apply to all project registration and...

Income From Telecom Tower Doesn't Turn Housing Society Into 'Industry', Upkeep Staff Not Entitled To Gratuity: Bombay High Court

Mere installation of telecommunication antennas on the terrace and employing workers to manage the affairs of the society, does not make a cooperative housing society an 'industry' or an 'establishment' under the Industrial Disputes Act (ID Act) or the Maharashtra Shops and Establishments (Regulation of Employment and Conditions of Service) Act, respectively, held the Bombay High Court on...

Supreme Court Grants Bail To Amtek Group Promoter Arvind Dham In Money Laundering Case

The Supreme Court today granted bail to Arvind Dham, promoter of the Amtek Group, in a money laundering case arising out of alleged bank fraud running into about Rs. 27,000 crores.A bench of Justice Sanjay Kumar and Justice Alok Aradhe allowed Dham's plea challenging the Delhi High Court's order refusing to grant him regular bail. The Court granted him bail on the ground of long incarceration...

NCLT Ahmedabad Orders Recovery of ₹2 Lakh Costs From Personal Guarantor As Arrears of Land Revenue

The National Company Law Tribunal (NCLT) at Ahmedabad has directed that costs of Rs 2 lakh imposed earlier on a personal guarantor be recovered as arrears of land revenue, after finding that he had repeatedly ignored its order and failed to pay the amount. A coram of Judicial Member Justice Shammi Khan and Technical Member Sanjeev Sharma noted that the personal guarantor had shown continued...

Supreme Court Annual Digest 2025 - Quashing Of FIR

Section 138 N.I. Act – Dishonour of cheque – Liability of Director – Resignation before issuance of cheque – Quashing of complaint – Held, where the appellant had resigned from the post of Director prior to the issuance of post-dated cheques by the company, and the cheques were signed by another competent person, the appellant could not be held liable under Section 138 of...

IRCTC Scam: Delhi High Court Issues Notice On Tejashwi Yadav's Plea Against Framing Of Charges

The Delhi High Court on Tuesday issued notice on a plea filed by RJD leader Tejashwi Yadav challenging framing of charges against him in the alleged IRCTC scam case.Justice Swarana Kanta Sharma sought response of CBI and listed the matter for hearing on January 14 when a similar plea filed by Lalu Prasad Yadav is also listed.Senior Advocate Kapil Sibal appeared for Yadav. CBI was represented...

PIL In Calcutta High Court Flags 'Hazardous' AQI In Kolkata; Seek GRAP, Urgent State Action To Protect Right To Clean Air

A Public Interest Litigation has been filed before the Calcutta High Court by Advocate Akash Sharma, a practising advocate of the Court, highlighting the continuing and recurring deterioration of air quality in the Kolkata–Howrah metropolitan region and seeking urgent, enforceable intervention by the State.The PIL records that as on 02.01.2026, real-time Air Quality Index (AQI) data...

LiveLawBiz: Business Law Daily Round-Up: January 05, 2026

TAX Mandatory Pre-Deposit For Customs Appeal Cannot Be Waived For Financially Sound Appellant: Karnataka High CourtMere Apprehension of Business Loss In State Does Not Confer Writ Court Territorial Jurisdiction: Calcutta High CourtCustoms Cannot Withhold Part Of Consignment After Accepting Full Bond, Guarantee : CESTAT KolkataHotels Can Now File Specified Premises Opt-In Online On GST...

CCI Holds Two Textile Firms Guilty Of Bid Rigging In Defence Undergarment Tender

The Competition Commission of India (CCI) has found textile manufacturers KKK Mills and Sankeshwar Synthetics Pvt Ltd guilty of bid rigging in a defence procurement tender for woollen underpants floated by the Directorate General of Ordnance Services.The competition watchdog found the firms to be in contravention of Section 3(3)(d) read with Section 3(1) of the Competition Act, 2002,...