NCLT Mumbai Orders Insolvency Proceedings Against Carnival Films After ₹71-Crore Default

The National Company Law Tribunal (NCLT) at Mumbai has recently admitted an insolvency plea by JC Flowers Asset Reconstruction Pvt Ltd against film production company Carnival Films Entertainment Pvt Ltd, after finding that it had defaulted on dues of Rs. 71 crore. A subsidiary of the company had owned Carnival Cinemas, the popular multiplex chain that shut its operations after the onset of...

Need To Examine If Adversarial Litigation Has Been Beneficial : Justice Narasimha Bats For Mediation

Justice Narasimha however added that arbitration and mediation in India have been unorganised sectors.

Legal Counsel Vacancy At Tata Consultancy Services [Mumbai; Apply Now]

Tata Consultancy Services invites online application for the post of Legal Counsel. Name of the Post: Legal Counsel Essential Qualification and Experience · Candidate should have relevant qualification as per the roles & responsibilities along with 8-10 years of experience. · Desired: Bachelor of General Law Degree. Roles & Responsibilities · Litigation: (a) Handling litigations for the Company in various Courts/Forums including Labour Courts, ...

Delhi High Court Pulls Up Counsel For Trying To Intimidate Trial Judge; Says 'A Judge Is A Judge Wherever Placed'

The Delhi High Court recently slammed an advocate for allegedly trying to intimidate a trial court judge, reminding the counsel that a “a judge is a judge”, no matter where she/he is placed in the judicial hierarchy.Justice Girish Kathpalia observed,“In the recent past, it is being observed that when there is no case on merits or the judge concerned is not indulgent and ensures that...

Delhi State Commission Holds Parsvnath Liable For Non-Delivery Of Flat; Orders Refund And Compensation

The Delhi State Consumer Disputes Redressal Commission, comprising Justice Sangita Dhingra Sehgal (President) and Ms. Bimla Kumari (Member), has held Parsvnath Developers Ltd. guilty of deficiency in service for failing to allot and hand over possession of a residential apartment despite receiving ₹20,00,000 from the complainants. The Commission directed the developer to refund the...

Serious Medical Condition Preventing Assessee From Timely Filing ITR Is 'Genuine Hardship' For Delay Condonation: Delhi High Court

The Delhi High Court recently condoned the delay by an assessee in filing his Income Tax Return, citing his health condition as 'genuine hardship' under Section 119(2)(b) of the Income Tax Act 1961.A division bench of Justices V. Kameswar Rao and Vinod Kumar observed, “petitioner has highlighted the medical reasons, which prevented him from filing the ITR timely. The medical condition...

Supreme Court Seeks Centre's Response On Plea Seeking GST Concession For Car Purchase By Persons With Disabilities

The Supreme Court recently issued notice on a petition filed by a person suffering visual impairment seeking that the government revive its GST Concession scheme for the purchase of cars by persons with orthopaedic disability and extend it to all Persons with Disabilities, irrespective of the nature of their disability.A bench of Justices Vikram Nath and Sandeep Mehta passed the order,...

CGST | Dept Must First Proceed Against Supplier Before Issuing Show Cause To Recipient For ITC Mismatch: Kerala High Court

The Kerala High Court has held that the department cannot proceed against a recipient for ITC mismatch without first initiating proceedings against the supplier. Section 42(3) of the Central Goods and Services Tax (CGST) Act, 2017, deals with the communication of discrepancies in Input Tax Credit (ITC) claims between the recipient and the supplier. Justice Ziyad Rahman A.A....

S. 138B Customs Act | Witness Statements Inadmissible Without Cross-Examination Unless Non-Availability Proven: Gujarat High Court

The Gujarat High Court has said that under Section 138B Customs Act, statements of witnesses given before a concerned officer, who are unavailable for cross-examination by the assessee, can be considered relevant only when the circumstances of unavailability are established, and a finding is given on the impossibility to secure their presence. The petitioner entity argued that the Central...

Legal Consultant Vacancy At Tata Consultancy Services [Chennai; Apply Now]

Tata Consultancy Services invites online application for the post of Legal Consultant. Name of the Post: Legal Consultant Essential Qualification and Experience · Graduate in Law (bachelor's in law /master's in law) with 2-10 Years of experience in conveyancing area/real estate contracts. · Conveyancing knowledge and experience of handling real estate contracts. · Knowledge in contracts management, drafting, lease abstraction, lease management. · ...

Centre Withdraws Direction For Mandatory Pre-Installation Of Sanchar Saathi App In Mobile Phones

The Government of India has withdrawn its direction mandating the pre-installation of the Sanchar Saathi cyber safety application on all mobile phones manufactured or imported in the country. The rollback comes a day after the original decision, which led to widespread concerns and criticism. The direction for pre-installation of the app was issued invoking Rule 8(4) of the...

Pre-SCN Consultation Serves No Purpose In Large-Scale GST Fraud Cases Involving Complex Transactions: Delhi High Court

The Delhi High Court has observed that pre-SCN Consultative Notice prima facie serves no purpose in large-scale GST fraud cases involving multiple entities and a complex maze of transactions.Pre-SCN consultation was mandatory under Rule 142 (1A) of the Goods and Services Tax Rules, 2017. It prescribed that a proper officer shall, before service of notice to the person chargeable with...