The Hon’ble High Court of Delhi (Court) in its judgment in the matter of Mr. Talib Hassan Darvesh v. The Directorate of Enforcement, held that the summons issued by the Directorate of Enforcement (ED) cannot be quashed merely because the relevant documents required for purposes of investigation or confrontation to the petitioner, have not been…
In the matter of Shiv Charan and Ors. v. Adjudicating Authority and Anr., a division bench of the Hon’ble Bombay High Court assessed the legality of continuing an attachment levied on the properties of the Corporate Debtor under the provisions of the, Prevention of Money Laundering Act, 2002 (PMLA) in the teeth of the provisions…
The brief but welcome judgement by the Hon’ble Karnataka High Court has catered to a batch of appeals against the CESTAT order on the applicability of service tax on venture capital funds (VCF). The High Court at the first instance dismissed the objection with regard to the maintainability of this appeal stating that the…
The Bombay High Court in Nilesh Shejwal v. Agrowon Agrotech Industries Pvt. Ltd., Commercial Arbitration Petition No. 14 of 2022 held that the view that “fraud is not arbitrable” is archaic. The Court observed that today arbitral tribunals routinely navigate through voluminous material in various dispute types. Thus, it held that the previous notion of…
In Lucknow Nagar Nigam & Others v. Kohli Brothers Colour Lab Pvt Ltd & Others, the hon’ble Supreme Court of India (Supreme Court) resolved a contentious legal dispute regarding the exemption of property tax on enemy property. The case centered around a property situated on Mahatma Gandhi Marg, Lucknow, designated as ‘enemy property’ under…
The hon’ble Supreme Court of India (Supreme Court) delivered a significant ruling in the matter Ansal Crown Heights Flat Buyers Association (Regd.) v. Ansal Crown Infrabuild Pvt. Ltd. (ACIPL) & Ors. addressing the complex interplay between insolvency proceedings and consumer complaints and affirmed that directors and officers of a company can still be held accountable…
The hon’ble Supreme Court of India (Supreme Court) in the matter of Avitel Post Studioz Limited v. HPEIF Holdings 1 Limited upheld the High Court’s decision facilitating enforcement of final award dated September 27, 2014 issued in SIAC Arbitration and held that enforcement of foreign awards should be refused on the ground of bias only…
In January 2018, the Government of India had notified the Electoral Bonds Scheme 2018. It was touted as means for anonymous donation to political parties in India. The bonds were to be issued by the State Bank of India (SBI) in multiples of INR 1,000, INR 10,000, INR 1 lakh, INR 10 lakhs and INR…
In a recent judgment in the matter of High Court Bar Association, Allahabad v. State of U.P., 2024 INSC 150, the hon’ble Supreme Court of India (Supreme Court) overruled its own judgment in Asian Resurfacing of Road Agency v. CBI (2018) 16 SCC 299 to the extent of its dictum qua expiry of interm orders.…
A writ petition (bearing reference number 838 of 2019) was filed in the case of M.K. Ranjitsinh and Others (the Petitioners) vs. Union of India and Others (the Respondents), as a public interest petition, to seek protection of two species of birds (namely the Great Indian Bustard (GIB) and the Lesser Florican), which are on…