The Hon’ble Supreme Court (“SC”) has in its judgment dated April 15, 2021 (“Judgement”), in the matter of Asset Reconstruction Company (India) Limited v. Bishal Jaiswal & Another [Civil Appeal No.323/2021], held that entries in balance sheets amount to acknowledgement of debt for the purpose of extending limitation under Section 18 of the Limitation Act, […]
We are pleased to share with you the copy of our latest publication of GST Café, a briefing on the highlights of the 43rd GST Council meeting held on 28th May, 2021. We trust that you will find the same useful. To read the GST Cafe, click at the Download Newsletter. We trust that you will […]
We are pleased to share with you the copy of our latest publication of GST Café, a briefing on the relaxations in the refund application and the application for revocation of cancellation of registration by the Central Government, vide notification no. 15/2021 dated 18th May, 2021. To read the GST Cafe, click at the Download Newsletter. […]
We are glad to share the Jan-May 2021 edition of our newsletter – Competition News Bulletin. Some highlights of this issue are as under: CCI closes investigation in the airline industry CCI imposes penalty for bid-rigging in the procurement of sewing machines CCI directs investigation against Tata Motors Ltd for imposing unfair terms & conditions […]
The Hon’ble Supreme Court (“SC”) by its judgment in Chintels India Limited v. Bhayana Builders Private Limited [Civil Appeal No. 4028 of 2020], on February 11, 2021, held that refusal to condone delay under Section 34(3) of the Arbitration and Conciliation Act, 1996 (“1996 Act”) was appealable under Section 37 of the 1996 Act. Facts […]
The Supreme Court (“SC”) has in its judgment dated March 26, 2021, in the matter of Laxmi Pat Surana v. Union Bank of India and Another [Civil Appeal No. 2734 of 2020], held that a principal borrower need not be a ‘corporate person’ where insolvency proceedings are initiated against a company which acted as the […]
