Commissions, Forums & Tribunals NCLT admits Canara Bank’s insolvency plea against HK Toll Road over ₹282 crore default under the IBC. EditorJune 12, 2026June 15, 20264 mins June 11, 2026 : The National Company Law Tribunal (NCLT), Mumbai Bench, has admitted a corporate insolvency resolution process (CIRP)…
Commissions, Forums & Tribunals CESTAT Sets Aside ₹11 Crore Customs Duty Demand Against Chennai Importers, Rules DRI Evidence Legally Unsustainable Team Law NotifyJune 12, 2026June 15, 20265 mins June 11, 2026 : In a significant ruling on customs valuation and admissibility of electronic evidence, the Chennai Bench of…
Commissions, Forums & Tribunals ITAT Upholds TNMM Method for Gulbrandsen, Rejects Major Transfer Pricing Additions EditorJune 11, 2026June 15, 20264 mins June 10, 2026 : The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has delivered significant relief to chemical manufacturer Gulbrandsen…
Commissions, Forums & Tribunals ITAT Rejects Straumann Dental India LLP’s ₹16.16 Crore Goodwill Depreciation Claim, Cites Unsigned Business Transfer Agreement EditorJune 11, 2026June 17, 20264 mins June 10, 2026 : In a significant ruling on the tax treatment of goodwill and business acquisition transactions, the Income…
Commissions, Forums & Tribunals NCLT Rejects Liquidator’s Plea to Sell Darjeeling Tea Company as Going Concern, Allows Asset Sale Through Slump Sale Route EditorJune 11, 2026June 18, 20264 mins June 10, 2026 : The National Company Law Tribunal (NCLT), Kolkata Bench, has refused to allow the sale of Dooteriah…
Commissions, Forums & Tribunals Consumer Commission orders ICICI Bank to remove ₹34.90 lakh lien, awards compensation for deficiency in service. EditorJune 10, 2026June 16, 20265 mins June 9, 2026 : A District Consumer Disputes Redressal Commission in Haryana’s Kaithal has held ICICI Bank liable for deficiency…
Commissions, Forums & Tribunals CCPA Fines Mrs. Bector’s Food Specialities ₹1 Lakh Over Misleading ‘100% Whole Wheat Bread’ Claims, Orders Immediate Withdrawal of Advertisements EditorJune 10, 2026June 27, 20265 mins June 9, 2026 : The Central Consumer Protection Authority (CCPA) has imposed a penalty of ₹1 lakh on Mrs. Bector’s…
Commissions, Forums & Tribunals NGT Orders Reappraisal of Hamirpur Sand Mining DSR, Stresses Importance of Replenishment Study EditorJune 10, 2026June 12, 20264 mins June 9, 2026 : In a significant ruling on sustainable sand mining and environmental governance, the National Green Tribunal (NGT)…
Commissions, Forums & Tribunals ITAT Delhi deletes ₹5.60 crore Section 69A addition, holding demonetisation cash deposits were duly explained in audited books. EditorJune 7, 2026June 15, 20264 mins June 4, 2026 : The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has ruled in favour of a Delhi-based jeweller…
Commissions, Forums & Tribunals CESTAT Dismisses Customs Department Appeals Against Adani Group Firms in Alleged Overvaluation Case EditorJune 6, 2026June 11, 20265 mins June 5, 2026 :In a significant ruling involving long-running customs valuation disputes, the Mumbai Bench of the Customs, Excise and…
