Supreme Court
Appellate Courts Cannot Disturb Arbitral Awards Merely To Permit A Different View, Supreme Court Reiterates
The Supreme Court, recently, set aside a Madras High Court order that had deleted compensation awarded to a dredging contractor and reiterated that appellate courts cannot interfere with arbitral awards merely because they prefer a different interpretation of the contract. A Bench of Justice Pamidighantam Sri Narasimha and Justice Pankaj Mithal held that courts hearing appeals in arbitration matters have a narrow and limited role. Once an arbitral award has been examined and found free from...
Supreme Court Upholds Gujarat High Court Order Quashing Adani Power's Income Tax Reassessment Notice
The Supreme Court has refused to interfere with a 2024 Gujarat High Court ruling that quashed a reassessment notice issued to Adani Power Limited for the 2014–15 assessment year. A bench led by the Chief Justice of India, Surya Kant, and comprising Justices Joymalya Bagchi and Vipul M. Pancholi said the High Court's view “warrants no interference at all.” The court declined to condone a delay of 426 days in filing the petition. It said the explanation offered by the tax department was...
Supreme Court Orders Status Quo, Asset Disclosure In IMAX–E-City Arbitration Dispute
The Supreme Court on Friday ordered the E-City group to maintain status quo over all its assets and disclose details of its movable and immovable properties while taking up a fresh challenge to the Bombay High Court's decision that revived enforcement of foreign arbitral awards in favour of IMAX Corporation. A bench of Justices J B Pardiwala and K V Viswanathan issued notice on a special leave petition filed by E-City Real Estates Pvt. Ltd. and another group entity, challenging the Bombay High...
Supreme Court Seeks CBI, ED Status Reports On Alleged Bank Frauds Linked To Anil Ambani Group
The Supreme Court on Friday sought status reports from the Central Bureau of Investigation (CBI) and the Directorate of Enforcement (ED) on their ongoing probes into alleged bank frauds involving Anil Dhirubhai Ambani Group companies and their promoter, Anil Ambani. The reports are to be submitted in a sealed cover. A bench comprising Chief Justice of India Surya Kant and Justice Joymalya Bagchi was hearing a public interest litigation filed by former Union government secretary E.A.S....
Supreme Court Says NCLT Could Not Have Decided Title Of Gloster Trademark In Fort Gloster Insolvency
The Supreme Court on Thursday held that the National Company Law Tribunal could not have decided the ownership of the trademark “Gloster” while exercising powers under Section 60(5) of the Insolvency and Bankruptcy Code, as the dispute did not arise in relation to the insolvency resolution process. A bench of Justices J.B. Pardiwala and K.V. Viswanathan upheld the National Company Law Appellate Tribunal,decision setting aside the NCLT Kolkata's finding that the trademark belonged to the...
Minimum Import Price On Steel Notification Enforceable Only From Gazette Publication, Not Website Upload: Supreme Court
The Supreme Court has ruled that a notification imposing a Minimum Import Price (MIP) on steel products becomes legally enforceable only from the date of its publication in the Official Gazette and not from the date it is uploaded on a government website.Allowing a batch of appeals filed by Viraj Impex Pvt. Ltd. and other steel importers, a Division Bench comprising Justice Pamidighantam Sri Narasimha and Justice Alok Aradhe set aside the Delhi High Court judgment, which had upheld...
Unlawful Customs Levy Cannot Be Revived Through Executive Notifications: Supreme Court In Adani Power SEZ Case
The top court granted relief to Adani Power by overturning the Gujarat High Court's 2019 refusal to order refunds of customs duty on electricity supplied by its SEZ unit to the domestic tariff area.
Welfare Boards For Building And Construction Workers Mandatory Before Levy Of Cess: Supreme Court
The Supreme Court has recently held that the constitution of Welfare Boards under the Building and Other Construction Workers Act, 1996 (BOCW), is a mandatory precondition for the effective levy and collection of cess under the Building and Other Construction Workers' Welfare Cess Act, 1996The court ruled that in the absence of such Welfare Boards, cess could neither have been validly levied nor collected, as the statutory scheme under both enactments presupposes the existence of a functional...
Supreme Court Impleads 17 State and Civic Authorities In DLF Primus-Homebuyer Dispute Over Civic Amenities
The Supreme Court on January 15 allowed the impleadment of 17 government and regulatory bodies in a batch of civil appeals linked to DLF's Primus housing project in Gurgaon. The court said authorities responsible for roads, electricity, water supply, and other basic amenities must be part of the proceedings. A Bench of Justice Ahsanuddin Amanullah and Justice R. Mahadevan allowed the homebuyer's plea to add the authorities as party respondents. “We allow the prayer for impleading all the 17...
Supreme Court Quashes Gujarat HC Order To Modify Income Tax Software To Prevent TDS-Default Demands Against Deductee
The Supreme Court on January 12, 2026, set aside directions issued by the Gujarat High Court requiring the Central Board of Direct Taxes (CBDT) to modify the income-tax department's software. The court, however, left untouched the relief granted to the taxpayer on merits. A bench of Justices Rajesh Bindal and Vijay Bishnoi was hearing an appeal filed by the Income Tax Department against a Gujarat High Court order passed in favour of Shobhan Shantilal Doshi, an individual taxpayer. The Court...
Supreme Court Holds Tiger Global's $1.6 Billion Flipkart Stake Sale Taxable In India
On 15 January, the Supreme Court held that capital gains arising from Tiger Global's 1.6 billion USD stake sale in Flipkart to Walmart are taxable in India. The Bench of Justice J.B. Pardiwala and Justice R. Mahadevan set aside the Delhi High Court's judgment, which had quashed the tax demand based on an order of the Authority for Advance Rulings (AAR). The top court held that on preliminary assessment, the transaction was designed to avoid the payment of income tax in India. The dispute...