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Supreme Court Rules Subsequent Change in Law Not a Ground for Condonation of Delay
Introduction The Supreme Court of India has ruled that a subsequent change in law cannot be used as a valid ground for condonation of delay in filing appeals. This landmark decisio
Cheque Bounce Cases: J&K and Ladakh High Court Quashes Cheque Dishonor Complaint Against Company Director
Introduction The Jammu and Kashmir and Ladakh High Court recently quashed a complaint against a company director accused of dishonoring a cheque. The court observed that only the d
Direct Listing of Indian Companies Shares Overseas through IFSC GIFT City: A Game-Changer for Indian Businesses
Introduction The traditional route for Indian companies to access overseas markets involved the use of depository receipts, such as American Depository Receipts (ADRs) or Global De
Capital Gains under Income Tax Act, 1961: Understanding the Fourth Head of Income in Detail
Introduction Under the Income Tax Act, 1961, the computation of income is categorized into five heads, with Capital Gains being one of them. Capital Gains entail profits or gains d
Reverse Charge Mechanism (RCM) in GST: Understanding Basics, Analysis, and Impact
Introduction Under the GST Law, the burden of discharging GST liability typically falls on the supplier through the Forward Charge Mechanism (FCM). However, the Reverse Charge Mech
Supreme Court Ruling on Specific Performance of a Contract: Personal Testimony Required for Proving Readiness and Willingness
Introduction The Supreme Court of India has held that in suits for specific performance of a contract, the plaintiff must personally prove their readiness and willingness to perfor
Supreme Court Reaffirms Dismissal of Time-Barred Suits Even Without Limitation Defence
Introduction The Supreme Court of India has reiterated that courts must dismiss Time-Barred Suits, even if the limitation defense is not raised. This decision underscores the manda
Supreme Court Judgement on Mesne Profit: Landlords Entitled to ‘Mesne Profit’ from Tenants Post-Tenancy Expiry
Introduction The Supreme Court of India has ruled that tenants who continue to occupy rented premises after their tenancy rights have been extinguished must compensate landlords in
Punjab & Haryana High Court Acquits Man in Drug Case Due to Non-Compliance with Section 52A of NDPS Act
Introduction The Punjab and Haryana High Court recently acquitted a man convicted in a drug case due to non-compliance with Section 52A of the Narcotic Drugs and Psychotropic Subst
Punjab and Haryana High Court Acquits Man Accused of Rape on false Promise of Marriage
Introduction The Punjab and Haryana High Court recently acquitted a man committing of rape of a woman under the false promise of marriage. The court ruled that the failure to fulfi
