HC Upholds Petitioner’s Arrest by ED Citing Fraud Allegations, Need for Further Investigation, and Evidence Tampering Risk

Case Details: Arvind Dham v. … Continue reading “HC Upholds Petitioner’s Arrest by ED Citing Fraud Allegations, Need for Further Investigation, and Evidence Tampering Risk”

Reg 5 of Stockbroker Regulations Mandates 15% Interest on O/S Dues of Annual Turnover Fees; SEBI Lacks Discretion to Deviate | SAT

Case Details: ICAP IL India … Continue reading “Reg 5 of Stockbroker Regulations Mandates 15% Interest on O/S Dues of Annual Turnover Fees; SEBI Lacks Discretion to Deviate | SAT”

RBI Forms a Committee to Develop the Framework for Responsible and Ethical Enablement of AI in the Financial Sector

Press Release: 2024-2025/1779, Dated: 26.12.2024 … Continue reading “RBI Forms a Committee to Develop the Framework for Responsible and Ethical Enablement of AI in the Financial Sector”

NCLT Rejected Re-Filing of Insolvency Petition by FC, as AA Did Not Allow Re-Filing Post-Settlement Failure

Case Details: Subham Capital (P.) … Continue reading “NCLT Rejected Re-Filing of Insolvency Petition by FC, as AA Did Not Allow Re-Filing Post-Settlement Failure”

ED Couldn’t Deny NOCs for Remitting Funds Abroad Based on Mere FEMA Summons; Clear Proof of Contravention Was Required | HC

Case Details: Times Internet Ltd. … Continue reading “ED Couldn’t Deny NOCs for Remitting Funds Abroad Based on Mere FEMA Summons; Clear Proof of Contravention Was Required | HC”

Denial of ITC Justified as Assessee Claimed Higher Amount in GSTR-3B Than Available in GSTR-2A; HC Dismissed Writ

Case Details: Laxmi Telecom vs. … Continue reading “Denial of ITC Justified as Assessee Claimed Higher Amount in GSTR-3B Than Available in GSTR-2A; HC Dismissed Writ”