News Updates
Centre Notifies Appointment Of Three Advocates As Additional Judges Of Allahabad High Court
The Centre has confirmed the appointment of three advocates as Additional judges of Allahabad High Court. Their names are.1. Prashant Kumar,2. Shri Manjive Shukla,3. Shri Arun Kumar Singh Deshwal.The Supreme Court Collegium in its meeting held on 17th January 2023 approved the proposal for the elevation of the nine Advocates (including the ones appointed today) as Judges in the Allahabad...
Bombay High Court Quashes ED Investigation Against Jet Airways Founder Naresh Goyal, Wife Anita
In a relief for former Jet Airways Chairman Naresh Goyal and his wife Anita, the Bombay High Court has quashed the Enforcement Directorate (ED)'s ECIR against them.The division bench comprising Justices Revati Mohite Dere and Prithviraj Chavan passed the order on a petition filed by the duo seeking quashing of the ECIR registered against them under the Prevention of Money Laundering Act...
Central Registrar Not Divested Of Its Authority To Appoint Arbitrator Under S. 84 of MSCS Act: Delhi High Court
The Delhi High Court has held that the Central Registrar is not divested of its authority and jurisdiction to appoint an Arbitral Tribunal in terms of Section 84 (4) of the Multi-State Cooperative Societies Act, 2002 (MSCS Act), when a dispute pertaining to a multi-state cooperative society is sought to be referred to arbitration under Section 84 of the Act. The bench of...
Delhi High Court Judge Recuses From Hearing Shehla Rashid's Plea Seeking Apology From Zee News, Sudhir Chaudhary
Justice Prathiba M Singh of Delhi High Court on Thursday recused from hearing a plea filed by JNU Scholar Shehla Rashid seeking unambiguous and unequivocal apology from Zee News and its then anchor Sudhir Chaudhary in relation to a programme aired by the news channel in November 2020.Shehla Rashid has sought modification of an order passed by News Broadcasters and Digital Standards...
'Modi Surname' Remark: Gujarat High Court Vacates Stay On Criminal Defamation Case Against Rahul Gandhi
The Gujarat High Court has vacated the stay on trial in criminal defamation case against Congress leader and MP Rahul Gandhi, filed by Surat West MLA Purnesh Modi for his alleged remarks “why all thieves share the Modi surname” made during a political campaign in Karol in April 2019.The single judge bench of Justice Vipul M. Pancholi vacated the stay after the petitioner submitted...
Resolution Applicant Wilfully Fails To Implement Plan, NCLT Mumbai Orders Liquidation Without Monitoring Committee’s Mandate
The National Company Law Tribunal (“NCLT”), Mumbai Bench, comprising of Shri H.V. Subba Rao (Judicial Member) and Ms. Madhu Sinha (Technical Member), while adjudicating a petition filed in BMW Financial Services Pvt. Ltd. v S.K. Wheels Pvt. Ltd., has ordered liquidation of the Corporate Debtor as the Resolution Applicant willfully failed to implement the resolution plan. The order...
Drug Retailer Cannot Escape Liability In Case Of Spurious Drug Merely Because He Obtained It From Licensed Dealer: JKL High Court
The Jammu and Kashmir and Ladakh High Court recently ruled that whether a given case is that of spurious drug or sub-standard quality drug, the retailer cannot escape his liability merely because he has obtained the same from a licensed dealer.Justice Sanjay Dhar clarified that a retailer can seek discharge only if he shows that he has acquired the drug from a duly...
Arbitrator Has No Jurisdiction To Set Aside Sale Notice Issued By Secured Creditor Under Section 13(4) Of SARFAESI Act: Delhi High Court
The Delhi High Court has ruled that the Arbitrator has no jurisdiction to set aside the sale notice issued by the secured creditor under Section 13(4) of the SARFAESI Act, 2002, seeking to enforce its “security interest”. The bench of Justice Anup Jairam Bhambhani remarked that the matter of a notice issued under Section 13(4) of the SARFAESI Act is not arbitrable at all, and...
No Acknowledgement Of Liability Based On An Unrealized Cheque: NCLAT Chennai
The National Company Law Appellate Tribunal (“NCLAT”), Chennai Bench, comprising of Justice M. Venugopal (Judicial Member) and Ms. Shreesha Merla (Technical Member), while adjudicating an appeal filed in M/s. Primee Silicones (Chennai) Pvt. Ltd. v M/s. UCAL Fuel Systems Ltd., has held that a cheque which has not been encashed, cannot amount to an ‘acknowledgement of liability’...
Misplacing FD Is Not The Ground For Deleting Addition Of Interest: ITAT
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the addition of interest on fixed deposits (FDs).The two-member bench of Anubhav Sharma (Judicial Member) and N.K. Billaiya (Accountant Member) has observed that the bank, in Form No. 26AS, has acknowledged the fixed deposits with it and has credited interest by deducting tax at source. Even if the fixed deposits...
[Human Sacrifice] Woman From Madhya Pradesh Approaches Madras High Court Seeking Police Protection Against Family Members
A woman from Madhya Pradesh, apprehending to be offered in sacrifice, has approached the Madras High Court seeking adequate police protection and security. The matter is listed for hearing today before bench of Justice G. Chandrasekharan. The woman, aged 23 years alleged that her family members including her step mother were trying to perform her human sacrifice. After coming to know...
CBDT Prescribes New Form Of Report Of Audit For Trust, University, Educational Institutions, Hospital, Medical Institutions
The Central Board of Direct Taxes (CBDT) has announced the new Forms 10B and 10BB that charitable or religious trusts, institutions, universities, or other educational institutions are required to submit in accordance with Sections 10(23C) and 12A of the Income Tax Act.The Board has notified the Income-tax Amendment (3rd Amendment) Rules, 2023, which will take effect on April 1, 2023.Form 10...