Supreme Court highlights auditors in cases of corporate fraud.
The Supreme Court highlighted the accountablity of company auditors in cases of corporate fraud. The Supreme Court has given a detailed judgement in this context in the case of Union…
Supreme Court Orders ED Investigation into Alleged Banking Fraud by Amtek Auto Limited
The Supreme Court of India directs the Enforcement Directorate (ED) to conduct a thorough investigation into allegations of banking fraud involving Amtek Auto Limited, estimated at Rs. 27,000 crores. This…
Service Tax exemption for IIT Patna & NIT Rourkela upheld
The appeal concerns the interpretation of the term “governmental authority” in the context of a service tax exemption. The case involves IIT Patna and NIT Rourkela seeking exemption from service…
Timely raising of claims necessary under the insolvency and bankruptcy code
This legal case revolves around a dispute between the appellant and M/s KST Infrastructure Private Limited (referred to as ‘the Corporate Debtor’) over land development. The appellant alleged misconduct by…
Supreme Court Judgment on Validity of Power of Attorney and Sale Deeds
In a Supreme Court case, plaintiffs contested a Madras High Court decision that favored a defendant regarding a disputed 110-cent land in Tamil Nadu. The land was initially owned by…