Legal 60

Moratorium Bars Assessment of EPFO Dues Even for Pre-CIRP Period: NCLAT Introduction The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has held that EPFO dues of the pre-CIRP period cannot be claimed based on assessments made during the imposition of the moratorium. Factual Background The corporate debtor was admitted into the Corporate

NCLAT Sets Aside NCLT Order for Failing to Provide Reasons for Rejecting Main Prayer Introduction The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has held that the adjudicating authority cannot reject the main prayer without cogent reasons and allow the alternative prayers. Factual Background The appellant had filed an application before the

The Supreme Court of India has once again reaffirmed that the dignity of every human being—irrespective of their social or economic standing—is inviolable under the Constitution. In its landmark 2025 ruling in M.S. Patter v. State of NCT of Delhi & Ors. (2025), the Court addressed shocking conditions prevailing in beggars’ homes and directed systemic

The Code of Civil Procedure, 1908 (CPC), as amended by the 2002 reforms, sought to make civil trials more efficient and time-bound. A key component of this reform was the introduction of stricter timelines for filing written statement by defendants under Order VIII Rule 1 CPC. Delhi High Court’s decision in Kewal Krishan v. Gulshan

The institution of the Hindu Undivided Family (HUF) continues to play a central role in Indian property law. The Karta, as head of the HUF, is entrusted with managing family property for the benefit of all coparceners. However, his power to alienate HUF property has always been subject to the test of legal necessity or

The Supreme Court of India, in In Re: The Waqf (Amendment) Act, 2025, issued a crucial interim order examining the constitutionality of the recently enacted legislation. Headed by Chief Justice B.R. Gavai, the Bench dealt with a series of petitions challenging the validity of the Act, which has drawn criticism for limiting the rights of

SEBI approves Rs.1,200 crore IPO of Hero Motors The company will utilize the funds for repayment of debt and expansion plans According to the draft red herring prospectus (DRHP), Hero Motors has received approval from the Securities and Exchange Board of India (SEBI) to proceed with an initial public offering (IPO). The auto component manufacturing

SEBI reclassifies REITs as equity instruments; surge begins It will boost mutual fund participation, improve liquidity and pave the way for index inclusion After the Securities and Exchange Board of India (SEBI) approved a landmark reform, reclassifying India’s five listed Real Estate Investment Trusts (REITs) as equity instruments, there has been a surge in the

EcoSoul Home Secures $20 Million in Series B Funding to Accelerate Global Expansion and Manufacturing Growth “Sustainable home essentials brand EcoSoul secures funding to boost global manufacturing and retail expansion” EcoSoul Home, a Noida-based sustainable home essentials brand, has successfully raised $20 million (approximately ₹180 crore) in a Series B funding round. The round, led

ITAT Rules Income Declared During Survey is Taxable as Business Income, Not Under Section 115BBE “Income tax tribunal holds Section 28 applies to survey income, not Section 115BBE” In a significant ruling, the Jaipur Bench of the Income Tax Appellate Tribunal has clarified the tax treatment of income declared during a survey under Section 133A