CCI imposes penalty of Rs. 2544.64 crores on car companies

 27 August 2014

The Competition Commission of India found 14 car companies in contravention of the provisions of the Competition Act, 2002. Commission also imposed a penalty calculated at the rate of 2% of the average turnover of the 14 car companies amounting to Rs

Posted in Others 4 comments |   3168 hits

SC: Landmark judgment on jurisdiction in cheque bounce cases

 12 August 2014

The Supreme Court bench comprising of Justices T.S. Thakur, Vikramajit Sen and C. Nagappan held that a complaint of a bounced cheque must be only filed at the place of dishonour of cheque Justice T.S Thakur wrote a separate but concurrent opinion an

Posted in Civil Law 6 comments |   9987 hits

SC: Commissions are not 'Courts'

 30 July 2014

The Supreme Court Constitution bench headed by the Chief Justice of India, R.M. Lodha dismissed the contempt petitions against the then Editor of India Today, Mr. Arun Shourie. The case involved an editorial published in The Indian Express in 1990

Posted in Criminal Law 1 comments |   3980 hits

NGT directs MoEF to appoint only experts in panels

 21 July 2014

The National Green Tribunal bench headed by Justice Swatanter Kumar directed the Ministry of Environment and Forest not to appoint persons as Chairperson/Members of the Expert Appraisal Committee/State Expert Appraisal Committee who do not have exper

Posted in Others |    0 comments |   2811 hits

Physical Meetings cannot be substituted by postal ballots

 12 July 2014

The issue raised before the Bombay High Court was that whether a resolution for approval of a Scheme of Amalgamation can be passed under Section 110 of the Companies Act, 2013 and SEBI Circular dated May 21, 2013, by a majority of the equity sharehol

Posted in Others 1 comments |   2761 hits

SC: When company/accused is let off, complainant cannot continue against the MD

 12 July 2014

The Supreme Court bench comprising of Justices Sudhansu Jyoti Mukhopadhaya and V. Gopala Gowda in an appeal against the judgment passed by the High Court of complaint under Section 138 read with Section 141 of the Negotiable Instruments Act, 1881 r

Posted in Corporate Law |    0 comments |   4295 hits

SC: Fatwa or diktat lack legal sanction

 08 July 2014

The Supreme Court bench comprising of Justices Chandramauli Kr. Prasad and Pinaki Chandra Ghose ruled that no Dar-ul-Qazas or any institution by any name, shall give verdict or issue Fatwa touching upon the rights, status and obligation, of an indi

Posted in Constitutional Law 1 comments |   2900 hits

SC: Guidelines in 498A cases

 03 July 2014

Emphasing the fact that Section 498-A is a cognizable and non-bailable offence which has lent it a dubious place of pride amongst the provisions that are used as weapons rather than shield by disgruntled wives the Supreme Court bench com

Posted in Family Law 26 comments |   6644 hits

SC: Consecutive sentences of conviction

 03 July 2014

The Supreme Court bench comprising of Justices Sudhansu Jyoti Mukhopadhaya and Dipak Misra citing 31(2) of the Cr.P.C. has held that if a person is convicted of several offences, including one that of life imprisonment, the no consecutive sentence ca

Posted in Criminal Law |    0 comments |   2153 hits

SC: Landmark judgment on Patent Laws

 25 June 2014

The Supreme Court bench comprising of Justices A.K. Patnaik and Jagdish Singh Khehar addressed the issue of multiplicity of suits in different forums over a claim for patent. The Court held that multiple claims cannot be allowed as it affects the h

Posted in Intellectual Property Rights 1 comments |   2929 hits

SEBI vs Sahara: Fali S. Nariman appointed as Amicus Curiae

 23 June 2014

The Supreme Court bench comprising of Justices T.S. Thakur and A.K. Sikri dismissed the prayer for shifting the contemnors to a guest house for continued custody and detention till they comply with the directions of this Court for their release on

Posted in Corporate Law |    0 comments |   1482 hits

Whether transfer of shares under a family agreement are for a determinable "consideration" or "voluntary", whether the shares are received under a "gift" and benefit of cost and holding period be claimed by transferee?

 17 June 2014

The Respondent is an investment company in which individual members of the Bilakhia family held equal interest. The family members executed a deed of family arrangement with an objective to consolidate and equalize values of the assets held by each o

Posted in Others 1 comments |   2491 hits

Whether benefit of extended period of limitation under explanation 3 of Sec. 153(3) and Sec.267 to pass assessment order pursuant to finding/ direction of appellate authority available if assessee was not given a specific opportunity of being heard?

 14 June 2014

The assessee is a trustee in three different trusts. CIT(A) held that the trusts were not valid trusts since they did not come into existence in accordance with Section 6 of Indian Trusts Act” and its income should be taxed in hands of all the truste

Posted in Taxation |    0 comments |   1192 hits

SC: Directions for speedy and expeditious disposal of Sec. 138 NI cases

 02 May 2014

The bench comprising of Justice K.S Radhakrishnan and Justice Vikramajit Singh in a Writ Petition filed by Indian Bank Association and others, issued directions to be followed by all the Criminal Courts in the country dealing with cases under Section

Posted in Corporate Law 1 comments |   6616 hits

Law explaining formation of AOP & taxability of off-shore supply & services

 01 May 2014

The petitioner - Linde had formed a consortium with Samsung through MOU for jointly submitting a bid to secure a tender floated by OPAL to execute a project on turnkey basis. The proposal was accepted by OPAL. The consortium entered into an agreement

Posted in Others 2 comments |   1950 hits

SC: Guidelines for recording statement of a rape victim

 01 May 2014

The bench comprising of Justice Gyan Sudha Misra and Justice V. Gopala Gowda emphasized that the recording of evidence of the rape victim and other witnesses multiple times is the primary reason for delay of the trial. The bench issued the following

Posted in Criminal Law 2 comments |   6557 hits

Whether notices can be issued for TDS default u/s 205 & Sec. 40(a)(i) disallowance if no income arises to the recipient?

 30 April 2014

Two writ petitions were filed under Art. 226 of the Constitution of India, challenging the jurisdiction of the first respondent to (i) reopen the assessment by issue of a notice under section 148 of the Income Tax Act, 1961 (“the Act”) and (ii) to tr

Posted in Others 1 comments |   3253 hits

Special capital incentive by state govt: whether capital receipt?

 25 April 2014

Assessee is a company engaged in the business of manufacturing of internal combustion engines had filed the return of income for the Assessment Year 1997-98 on 30.11.1997 declaring the total income of Rs.41,93,64,490/.The Assessing Officerassessed th

Posted in Others |    0 comments |   1758 hits

SC constitutes a Committee on road safety

 23 April 2014

The bench comprising of Chief Justice P. Sathasivam, Justice Ranjan Gogoi and Justice N.V. Ramana in a Writ Petition filed under Article 32 of the Constitution has appointed a three-member committee to monitor the Central and State Governments on i

Posted in Civil Law 1 comments |   2094 hits

SC landmark judgment recognising transgenders as a third gender.

 17 April 2014

The bench comprising of Justice K.S. Radhakrishnan and Justice A.K. Sikri in a Public Interest Litigation (PIL) filed by National Legal Services Authority (NALSA) seeking the recognition of transgenders as a third gender held that transgenders are to

Posted in Constitutional Law |    0 comments |   1949 hits


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