Supreme Court rules on Negotiable Instruments Act It upheld the judgment of the Delhi High Court The Supreme Court has rejected an appeal to quash the proceedings under the Negotiable Instruments Act, 1881, at the pre-trial stage. The division bench comprising Justice KM Joseph and Justice Hrishikesh Roy ruled, “The quashing proceedings must not become
... Continue Reading.Month: May 2022
Allahabad High Court rules in favor of the petitioner
Allahabad High Court rules in favor of the petitioner It orders the Goods and Services Tax department to refund the unlawfully collected amount and also pay interest on it The division bench of the Allahabad High Court presided by Justice Surya Prakash Kesarwani and Justice Jayant Banerji has directed the Goods and Services Tax (GST)
... Continue Reading.Debiting through electronics ITC ledger a valid deposit: Delhi High Court
Debiting through electronics ITC ledger a valid deposit: Delhi High Court It set aside the trial court’s order against the petitioner being granted bail The single bench of the Delhi High Court presided by Justice Mukta Gupta on the issue of Input Tax Credit (ITC) fraud has held that debiting through an electronic ITC ledger
... Continue Reading.Supreme Court to hear petitions challenging the Finance Act
Supreme Court to hear petitions challenging the Finance Act The petitioners had approached the Madras High Court and the Bombay High Court without receiving any favorable response The Supreme Court will hear a batch of appeals and a fresh plea against the verdicts of the Madras High Court and the Bombay High Court. These courts
... Continue Reading.Jayeshbhai Jordaar theatrical release without any cuts
Jayeshbhai Jordaar theatrical release without any cuts The film theme is to sensitize the viewers on stopping female foeticide The Delhi High Court has disposed of a Public Interest Litigation that sought deletion of a scene from the upcoming Bollywood film Jayeshbhai Jordaar. The Ranveer Singh starrer will now have a theatrical release, without any
... Continue Reading.CLAT – Gateway to top National Law Colleges
Last Updated on 3 seconds by Admin LB Common Law Admission Test – CLAT is a national level entrance test which is conducted for admission to the top law colleges of India. CLAT is an aptitude test designed to test your mental faculties in relation to time management and analytical abilities simultaneously. The question paper
... Continue Reading.A Brief History of Gambling & Online Casinos in India
Last Updated on 44 mins by Admin LB When it comes to leisure activities, gambling is considered to be one that brings enjoyment to individuals who partake in it. You will be well aware that you will be compelled to gamble anything of considerable worth, and that there is a big risk of ruining all
... Continue Reading.Gift City IFSC – The Key to Unlocking India’s Brimming Potential as A Global Investment and Arbitration Hub
GIFT CITY IFSC – THE KEY TO UNLOCKING INDIA’S BRIMMING POTENTIAL AS A GLOBAL INVESTMENT AND ARBITRATION HUB The Indian Government’s proactive and investor-friendly policy initiatives along with the setting up of the IFSCA as a unified regulator, are steps in the right direction in positioning GIFT City IFSC as India’s leading investor-friendly jurisdiction Over
... Continue Reading.Mitigation of ESG Related Litigation
MITIGATION OF ESG RELATED LITIGATION The purpose of this article is to present a brief overview of the emerging ESG trends and the impact that various ESG factors have had on companies. Furthermore, the article delves into instances of potential ESG-related disputes that a company may be exposed to for their failure to adopt ESG-centric
... Continue Reading.Insider Trading: Evolving a New Standard of Proof
[Shruti Rajan is a Partner at Trilegal. With research assistance from Vidhi Shah, Associate, Trilegal] A lot has been said (including in this Blog) on the recent Supreme Court decision in the matter involving PC Jewellers (Balram Garg v. Securities and Exchange Board of India, 19 April 2022), where the Court has recast the standard
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