Life insurance companies challenge GST exemption for term policies, ET LegalWorld
Life insurance companies are opposing a proposed Goods and Services Tax (GST) exemption on term insurance policies. They argue that losing input tax credits (ITCs) on their expenses would increase costs, ultimately raising premiums for consumers. The industry presented its case to a government panel reviewing GST rates, led by Bihar Deputy Chief Minister Samrat […]
SCBA, SCAoRA challenge rules on marking appearances in SC orders, ET LegalWorld
The Supreme Court Bar Association (SCBA) and the Supreme Court Advocates-on-Record Association (SCAoRA) have jointly filed a petition in the apex court on Tuesday seeking a declaration that all advocates present and appearing in a case are entitled to have their appearances recorded in court orders. The petition is filed in relation to an observation […]
Supreme Court to hear gaming firms’ challenge to 28% GST rule, ET LegalWorld
The Supreme Court will hear on Friday a clutch of petitions by online gaming companies and casinos seeking stay on proceedings related to tax notices issued by the Directorate General of GST Intelligence (DGGI) since 2023. The gaming firms have challenged the government’s decision to retrospectively impose 28% goods and services tax (GST) on the […]
Kirloskar firms challenge SEBI letter asking disclosure of family settlement deed at SAT, ET LegalWorld
Four Kirloskar companies on Saturday said they have filed an appeal before the Securities Appellate Tribunal challenging the SEBI letter asking them to disclose the deed of family settlement that was signed by members of the Kirloskar family on September 11, 2009. In a joint statement, the Kirloskar companies — Kirloskar Ferrous Industries Ltd (KFIL), […]
Law aspirants challenge CLAT 2025 answer key in Supreme Court, seek stay on results, ET LegalWorld
Two law aspirants have moved the Supreme Court challenging the provisional answer key released by the Consortium of National Law Universities (NLUs) and seeking a stay on the publication of the Common Law Admission Test (CLAT) 2025 results and the subsequent counselling process, days after it was conducted. The test was held in centres across […]
Actor Shilpa Shetty, husband challenge ED eviction notices in HC, ET LegalWorld
Actor Shilpa Shetty and her businessman husband Raj Kundra have moved the Bombay High Court challenging ED’s notices directing them to vacate their house in Mumbai’s Juhu area and a farmhouse in Pune in connection with a money-laundering case. The pleas came up for hearing on Wednesday before a division bench of Justices Revati Mohite […]
Arbitrator awards Rs. 12.66 Crore to Travancore Titanium in dispute with VA TECH WABAG; WABAG to challenge decision, ET LegalWorld
In a matter between M/s. Travancore Titanium Products Ltd (TTPL) and VA TECH WABAG LTD (WABAG), the Sole Arbitrator Shri P. R. Ramachandra Menon has passed an award in favor of TTPL in Kochi, Kerala, according to the stock filing. The Arbitrator has awarded TTPL an amount of Rs. 12,66,83,750/- with 12% interest from the […]
Adani Power, Dickey Alternative challenge NCLAT’s status quo order in Supreme Court, ET LegalWorld
A consortium of Dickey Alternative Investment Trust and Adani Power Ltd on Wednesday moved the Supreme Court challenging the National Company Law Appellate Tribunal’s order asking it to maintain status quo on implementation of the consortium’s resolution plan for debt-laden Coastal Energen. A Bench led by Chief Justice DY Chandrachud posted the matter for hearing […]
Green light for billionaire to challenge law firm’s £13m fees
Coulson: Uneasy bedfellows The Court of Appeal has upheld a decision that none of the 79 invoices worth nearly £13m received by a billionaire businessman over six years were statutory bills, meaning they remain open for challenge. Lord Justice Coulson acknowledged, however, that solicitors seeking interim costs payments, while still wanting the protection of section […]
Three-tier GST rate up for debate; maintaining revenue-neutrality a challenge, say experts, ET LegalWorld
GST Council meet to discuss rate rationalisation on Sep 9, says FM The 54th GST Council is scheduled to meet on September 9, 2024. The council is expected to carry-forward policies aligning with the taxpayer friendly measures while reforming the tax structure with norms in alignment with the idea of ‘a good and simple tax’. […]