Meesho closes $550 million round; moves NCLT to shift domicile, ET LegalWorld
Ecommerce firm Meesho has closed another $250-$270 million in financing with new investors Tiger Global, Think Investments, Mars Growth Capital joining an ongoing capital raise, taking the round’s total to about $550 million, majority of which is in secondary, people aware of the development told ET. The SoftBank- and Prosus-backed ecommerce firm has also filed […]
Sumathi vs The Sub-Registrar on 20 December, 2024
Madras High Court Sumathi vs The Sub-Registrar on 20 December, 2024 Author: G.K.Ilanthiraiyan Bench: G.K.Ilanthiraiyan 2025:MHC:132 BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED: 20.12.2024 CORAM THE HONOURABLE MR. JUSTICE G.K.ILANTHIRAIYAN W.P (MD).No.31284 of 2024 and W.M.P(M)No.26206 of 2024 Sumathi … Petitioner Vs. The Sub-Registrar, Sub-Registration Office, Mudukulathur, Ramanathapuram District. … Respondent PRAYER: Writ […]
Siluvai Nadar vs The District Registrar on 20 December, 2024
Madras High Court Siluvai Nadar vs The District Registrar on 20 December, 2024 Author: G.K.Ilanthiraiyan Bench: G.K.Ilanthiraiyan 2025:MHC:133 BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED: 20.12.2024 CORAM THE HONOURABLE MR. JUSTICE G.K.ILANTHIRAIYAN W.P (MD).No.31288 of 2024 Siluvai Nadar … Petitioner Vs. 1.The District Registrar, District Registrar Office, Thoothukudi District. 2.The Sub-Registrar, Nasareth Sub-Registration […]
K.V.Ramaraj vs K.V.Selvaraj on 20 January, 2025
Madras High Court K.V.Ramaraj vs K.V.Selvaraj on 20 January, 2025 S.A. No. 588 of 2013 IN THE HIGH COURT OF JUDICATURE AT MADRAS Reserved on 29.11.2024 Pronounced on 20.01.2025 CORAM THE HONOURABLE Ms. JUSTICE R.N.MANJULA S.A. No. 588 of 2013 K.V.Ramaraj …Appellant Vs. 1.K.V.Selvaraj 2.V.Jayaraj 3.V.Durairaj 4.V.Senthilkumar 5.C.Vasantha 6.C.S.Manikandababu 7.S.G.Kavitha … Respondents PRAYER: Second Appeal […]
J.Padmavathi vs T.R.Muthuswami on 20 January, 2025
Madras High Court J.Padmavathi vs T.R.Muthuswami on 20 January, 2025 2025:MHC:171 S.A.No.155 of 2017 IN THE HIGH COURT OF JUDICATURE AT MADRAS JUDGMENT RESERVED ON : 21 / 10 / 2024 JUDGMENT PRONOUNCED ON : 20 / 01 / 2025 CORAM : THE HONOURABLE MR. JUSTICE R.SAKTHIVEL S.A.NO.155 OF 2017 AND CMP NO.3236 OF 2017 […]
GST intelligence wing, ET LegalWorld
The directorate general of Goods and Services Tax Intelligence Wing (GST IW), Jamshedpur regional unit, has exposed tax fraud, estimated to exceed ₹100 crore. Led by joint director Sarthak Saxena, six teams comprising 40 members conducted raids across eight locations in Jugsalai, Adityapur, and NH-33. The 30-hour operation, which began on Friday, concluded on Saturday. […]
Income tax payers want FM Sitharaman to cut rates, ET LegalWorld
A pre-budget survey reveals that individual taxpayers want relief on the personal tax front to increase their disposable income in Budget 2025-26 to be presented in Parliament by Finance Minister Nirmala Sitharaman on February 1. A majority of respondents, 57 per cent, want lower tax rates, while 25 per cent advocate for higher exemption limits, […]
Sebi launches digital knowledge repository Dharohar on Republic Day, ET LegalWorld
Capital markets regulator Sebi on Sunday said it has launched a digital knowledge repository, “Dharohar – Milestones in the Indian securities market”, on the occasion of the country’s 76th Republic Day. The securities market, known for its diverse products, participants, and institutions, has a long-standing history of organised trading over the past 150 years, Sebi […]
Govt proposes more sops for scrapping vehicles with BS-II, older emission standard, ET LegalWorld
With an aim to get rid of high-polluting vehicles, the transport ministry has proposed to double the rebate up to 50 per cent in one-time tax on purchase of new vehicles after scrapping those with BS-II and earlier emission standards. At present, a discount of 25 per cent in Motor Vehicle tax is provided on […]
NCLAT set aside penalty on lenders for delay in Mudra Denim insolvency process, ET LegalWorld
The National Company Law Appellate Tribunal (NCLAT) has set aside the penalty imposed against lenders of debt-ridden Mudra Denim, saying there was no laxity on their part for delay in insolvency process. The Mumbai bench of the National Company Law Tribunal had, on November 11 last year, while deciding creditors’ plea seeking extension of deadline […]