633 results found

Over the past two decades, India has witnessed significant growth as an arbitration jurisdiction on account of factors including the introduction of crucial legislative changes and judicial precedents, coupled with the necessary sociopolitical.

The petitioner demanded huge money to settle the matter with the Income Tax department and to avoid adverse media reporting.

The Tripura High Court has held that Section 16(2)(c) of the GST Act ought not to be interpreted to deny ITC to purchasers in a bona fide transaction.

These documents have also revealed that 714 Indian companies and individuals were listed in these documents.

The Allahabad High Court (HC) in the Shivakar Singh case denied relief to employee Shivakar Singh (Singh) of Uttar Pradesh Power Corporation Limited (UPPCL).

In so doing, the judgment provides a detailed insight into the Court's approach to such challenges and the issues upon which an application challenging the English Court's jurisdiction might turn.

An investigation into alleged fraud can expose a company to risks that could result in financial and reputational damage and impact shareholder value. Once fraud is suspected or detected,...

Numerous reports shed light on the concerning trend where considerable number of victims have fallen prey to several fraudulent loan apps, which exploits individuals in need by lending small amounts of money with exorbitant high interest rates.

Corruption is one of the biggest areas of concern for the world in its efforts to make itself a better place in terms of compliance and ethics.

The Prevention of Corruption Act, 1988 (PC Act) was enacted to prevent corruption in Government departments and to prosecute and punish public servants involved in corrupt practices.

The Supreme Court affirmed that the remedy against third party is not available under Section 66 of IBC, and in such circumstances, it is for the Resolution Professional...

This case marked a notable milestone in the history of Indian Jurisprudence, particularly in the area of Corporate law and Criminal law. The dispute arose out of a jurisdictional conflict between two

Aggrieved and dissatisfied by the aforesaid orders of NCLT, Chennai, the Government of Karnataka invoked writ jurisdiction of the High Court of Karnataka.

Thus, the proceeds from criminal activities further propel crimes and create a parallel economy and all of these transactions operate being unnoticed.

The Court emphatically reiterated that LOCs cannot be permitted to operate as coercive debt recovery mechanisms at the instance of banks and financial institutions, particularly in cases where no criminal proceedings involving fraud, siphoning of funds, diversion of money, or serious economic offences are pending.

The Arbitration and Conciliation (Amendment) Bill, 2021 (Bill) was introduced in Lok Sabha on February 04, 2021.

The SC was dealing with a series of writ petitions and appeals, all challenging the constitutional validity of Section 45 of the Act.

The third quarter of 2024 has witnessed significant enforcement actions and judicial developments. In addition to multiple arrests, raids, and investigations...