SC: NOT INCLINED TO INTERFERE WITH THE DECISION OF CoC OF DHFL TO COMMENCE LENDING OPERATIONS
The Supreme Court rejected the plea of depositors of DHFL and opined that it is not inclined to interfere with the decision of CoC. This article is an attempt to explore FRDI Bill assuming DHFL is being resolved under FRDI.
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BENEFIT OF DOUBT IN FRIVOLOUS INVESTIGATION ACCRUES IN FAVOUR OF THE ACCUSED: SUPREME COURT IN STATE OF UTTAR PRADESH V. WASIF HAIDER & ORS. “The accused cannot be expected to relinquish his innocence at the hands of an inefficacious prosecution, which is ridden with investigative deficiencies” the Supreme Court laid down in a recent judgement
Read MoreTHE NEWLY INSERTED SEC. 148 OF THE NI ACT SHALL APPLY RETROSPECTIVELY, RULES SUPREME COURT
THE NEWLY INSERTED SEC. 148 OF THE NI ACT SHALL APPLY RETROSPECTIVELY, RULES SUPREME COURT With the advent of technology and digital transformation of India and various digital payment options open in the Indian Economy, Businesses are slowly moving towards the online payment modes. However, cheque payments are so inherent in the Indian Businesses that
Read MoreNOIDA IS A CORPORATION ESTABLISHED BY A STATE ACT AND IS, THEREFORE, ENTITLED TO EXEMPTION OF PAYMENT OF TAX AT SOURCE UNDER SECTION 194A(1): SUPREME COURT
NOIDA IS A CORPORATION ESTABLISHED BY A STATE ACT AND IS, THEREFORE, ENTITLED TO EXEMPTION OF PAYMENT OF TAX AT SOURCE UNDER SECTION 194A(1): SUPREME COURT Commissioner of Income Tax (TDS), Kanpur Vs. Canara Bank [(2018) 9 Supreme Court Cases 322] FACTS OF THE CASE The New Okhla Industrial Development Authority (NOIDA) (“the Authority”) has
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