Category: Legal News

The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that packaged drinking water cannot be assessed on the basis of Maximum Retail Price under Section 4A of the Central Excise Act, 1944, unless the Read more…

The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has clarified that while computing the amount of CENVAT credit to be reversed under Rule 6(3A) of the CENVAT Credit Rules, 2004, only the credit attributable to Read more…

The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has ruled that the benefit of captive consumption exemption under Notification No. 67/95-CE cannot be denied merely because the final products are cleared partly on payment of Read more…

The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has ruled that services performed entirely outside India are not liable to service tax under the Reverse Charge Mechanism (RCM), even if payments are made by an Read more…

The National Green Tribunal (NGT), Central Zone Bench at Bhopal, has disposed of Original Application No. 220/2024 (CZ) filed by Babulal Jajoo, which raised concerns over the discharge of untreated domestic sewage into Gandhi Sagar Talab at Bhilwara in Rajasthan. Read more…

The National Company Law Tribunal (NCLT), New Delhi Bench, has declined to initiate corporate insolvency resolution proceedings against Khao Gali Restaurants Pvt. Ltd., holding that the dispute raised by liquor wholesaler Diwan Spirits was not a straightforward case of non-payment Read more…

The National Company Law Tribunal (NCLT), Mumbai Bench, has ruled that a contractor who stayed silent throughout the corporate insolvency resolution process (CIRP) and liquidation cannot later seek restitution or compensation for machinery auctioned during liquidation. Dismissing two applications filed Read more…

The National Company Law Appellate Tribunal (NCLAT), New Delhi, has reiterated that the Covid-era suspension introduced under the Insolvency and Bankruptcy Code, 2016 does not extend any protection to personal guarantors. The Appellate Tribunal held that Section 10A of the Read more…

The National Company Law Appellate Tribunal (NCLAT), New Delhi, has reaffirmed that creditors can amend the date of default in insolvency proceedings against a personal guarantor, provided the amendment is sought before final adjudication. The Appellate Tribunal clarified that questions Read more…

The National Company Law Tribunal (NCLT), Mumbai Bench, has approved the demerger scheme of Vedanta Ltd, clearing the way for the metal and mining major to reorganise its businesses into separate sector-focused entities. The order was passed by a Bench Read more…