Masala Bonds Case: Kerala High Court Reserves Verdict On ED's Appeal Against Stay Of Show Cause Notice To KIIFB

The Kerala High Court on Friday (19 December) reserved judgment in an appeal preferred by the Enforcement Directorate against a Single judge's interim order staying the show cause notice issued against Kerala Infrastructure Investment Fund Board (KIIFB) under the Foreign Exchange Management Act, 1999 (FEMA), relating to the utilisation of funds raised through masala bond.The Division...

Writ Petition Not Maintainable After GSTAT Becomes Functional; Assessees Must Avail Remedy U/S 112 GST Act: Orissa High Court

The Orissa High Court has dismissed two writ petitions filed under the Goods and Services Tax (GST) regime, holding that the availability and operationalisation of the statutory appellate remedy before the Goods and Services Tax Appellate Tribunal (GSTAT) bars the exercise of writ jurisdiction under Article 226 of the Constitution. In Amit Kumar Das v. Joint Commissioner of State...

Verdictus 2.0: Navrachana University To Host Annual Law Fest In Hybrid Mode

Navrachana University, Vadodara, is a Private University established under the Gujarat Private University Act, 2009. The university has five schools with more than 22 programs. The university has been accredited with grade 'A' by NAAC in the year 2023.School of Business and LawThe School of Business and Law is the largest among the five schools at Navrachana, and has BBA-LLB, LLM, BBA, MBA, and MBA-Executive Program under it. The Law program was established in 2014, and the Annual Law Fest was...

Preliminary Enquiry Can't Be Sole Basis For Dismissal Once Regular Enquiry Fails: Rajasthan High Court Reinstates Constable

Rajasthan High Court set aside the dismissal of a police constable imposed by senior police authority while exercising suo-motu review powers under Rule 32 of the Rajasthan Civil Services (Classification, Control and Appeal) Rules, opining that preliminary enquiry could not be made sole basis of punishment when such material did not come on record during the regular enquiry.The bench of...

Call For Papers | Solventia – Journal Of Insolvency & Bankruptcy Laws, NLU Jodhpur

Solventia – Journal of Insolvency & Bankruptcy Laws [Solventia] was established with an objective to pursue and promote innovative scholarship and research in the Insolvency and Bankruptcy laws. It seeks to contribute to the debates, discussions or discourses by engaging in dynamic and advanced research, including pragmatic and theoretical analysis in the realm of insolvency and bankruptcy laws at both domestic and international levels. It is a bi-annual, double-blind peer peer-reviewed and...

Call For Applications: Research Associate (Criminal Law/ Criminology/ Police Studies) At NLU, Delhi

National Law University Delhi invites online application for the post of Research Associate (Criminal Law/ Criminology/ Police Studies). Name of the Post: Research Associate (Criminal Law/ Criminology/ Police Studies) No. of Post: 02 (Two) Remuneration: Rs. 50,000/- month Essential Qualification and Experience · LL.M. with specialization in Criminal Law OR M.A./ M.Sc. in Criminology OR M.A./M.Sc. in Police Studies/Administration OR any allied subjects from a...

Relinquishment Of Development Rights Does Not Amount To Financial Debt: NCLT Delhi

The National Company Law Tribunal (NCLT) New Delhi, has refused to admit an insolvency plea against real estate firm Vipul Ltd, holding that the surrender of development and land-related rights under a joint development arrangement does not amount to “financial debt” under the Insolvency and Bankruptcy Code.A bench of Judicial Member Ashok Kumar Bhardwaj and Technical Member...

NCLT Mumbai Approves Timezone's Merger Plan To Consolidate Leisure And Entertainment Business

The National Company Law Tribunal (NCLT) at Mumbai on Thursday approved the merger of Leisure and Allied Industries India Private Limited with arcade operator Timezone Entertainment Private Limited, allowing the group to consolidate its family entertainment and leisure business under a single company. A bench of Judicial Member K R Saji Kumar and Technical Member Anil Raj Chellan held that...

J&K&L High Court Flags Borrowers' Misuse Of Courts To Stall Loan Recovery; Says Conduct Defeats SARFAESI Act's Purpose

Deploring the growing tendency of defaulting borrowers to misuse judicial remedies to stall recovery of public money, the High Court of Jammu & Kashmir and Ladakh has held that such conduct strikes at the very purpose of the SARFAESI Act.A Division Bench comprising Justice Sindhu Sharma and Shahzad Azeem observed, “... It is highly disturbing that a small but recalcitrant class...

Supreme Court Issues Notice On Bail Plea Of Former Punjab Minister Bikram Singh Majithia In Disproportionate Assets Case

The Supreme Court today issued notice on a petition filed by Shiromani Akali Dal leader Bikram Singh Majithia challenging the Punjab and Haryana High Court's order which refused to grant him regular bail in a corruption case relating to alleged disproportionate assets.A bench of Justice Vikram Nath and Justice NV Anjaria issued notice on his SLP against Punjab and Haryana High Court order...

SVLDR Scheme Can't Be Invoked For Fresh SCN Issued After Deadline Even If Arising From Same Dispute: Delhi High Court

The Delhi High Court dismissed a retail business' plea seeking benefit of government's tax amnesty scheme for a second show cause notice issued to it post the cut-off date, in pursuance of the first SCN.A division bench of Justices Prathiba M. Singh and Shail Jain clarified that mere reference to earlier SCN doesn't make subsequent SCN eligible under Sabka Vikas Legacy Dispute Resolution...

Rajasthan Municipal Elections Will Be Completed By April 2026, State Assures Supreme Court

The Supreme Court on Friday recorded the Rajasthan government's assurance that elections to urban local bodies in the State will not be postponed beyond April 2026, while declining to interfere with a Rajasthan High Court order permitting the polls to be held within that timeline.A Bench comprising Chief Justice of India Surya Kant, Justice Joymalya Bagchi and Justice Vipul Pancholi was hearing...