On 23.10.2015, President finally promulgated the ordinaces for Constitution of Commercial Courts and Arbitration and Conciliation (Amendment).

Supreme Court has held that National Green Tribunal (NGT) is empowered to issue directives to the Centre for banning vehicles more than 15 years old from running on Delhi roads.

Under S. 21(1), is mandatory and does not depend upon discretion of State Government, despite use of word "may" in S. 21(1). Use of word "may" or "shall" cannot conclusively decide whether a provision is directory or mandatory.

When agreement between parties barred interest on amounts from cause of action to date of award, arbitrator is bound by it and cannot award interest.

National Green Tribunal has directed Uttarakhand Government and National Ganga River Basin Authority (NGRBA) to give details about the financing of schemes for the Clean Ganga project.

This decision was given with reference to a crucial issue as to "where an ambiguity exists, who will get the benefit, the assessee/subject or the revenue?"

The appellant, an advance licence holder, procured intermediate goods without payment of duty from another advance licence holder under Notification No. 44/2001-C.E (N.T)...

Every demand of capitation fee by educational institutions is unethical & illegal.

Chief Economic Advisor Mr. Arvind Subramanian, on this Sunday, stated that Petrol and other petroleum product shall be outside the ambit of GST regime after its roll out.

A Supreme Court bench headed by Chief Justice of India TS Thakur directed Star India and BCCI, on 29th April 2016, to make a pre-deposit of Rs 50 lakh each for an early hearing.

The current case in question revolves around two complaints filed by the Appellants under Section 138 of the Negotiable Instruments Act, 1881 one prior to the initiation of Corporate Insolvency Resolution Process...

Corporate tax rate to be 22% without exemptions, inclusive of surcharge and cess.

Recently, minutes of Tariff Conference held on 28th and 29th October, 2015-reg. was released by CBEC under Instruction No. F.No.96/85/2015-CX.I dated 07.12.2015.

CCI maintaining distance from the jurisdiction of electricity sector regulators State Electricity Regulatory Commissions (SERCs) denied to examine fixation of electricity tariffs under the provisions of S. 4 of the Competition Act, 2002.

Mutual Agreements Procedure (MAP) is a model or mechanism available to taxpayers to resolve disputes that have arisen due to double taxation.

There is a welcome step for business houses of India and Korea that soon burden of double taxation will vanish.

The Negotiable Instruments (Amendment) Bill was put forth before the Lok Sabha by the Finance Minister on January 2, 2018.

All financial service providers including NBFC have also been finally brought under the ambit of IBC. Banks are still excluded.

A pre-packaged scheme is an arrangement under which stressed company and the purchaser negotiate the sale of all or part of a company's business or assets prior to the appointment of an insolvency professional as administrator.

In this case the Appellant is a society registered under the Societies Registration Act, 1860 and is affiliated to the All India