ED Moves Supreme Court Against Refusal To Defer Order On Charge In Jindal Steel-Linked Coal Block Case

The Directorate of Enforcement has moved the Supreme Court against a trial court order refusing to defer the order on charge in a money laundering case linked to allocation of the Amarkonda Murgadangal coal block, in which Jindal Steel & Power Ltd. and other accused are facing prosecution.The petition challenges a March 25, 2026 order of the Special Judge (PC Act) (CBI), Coal Block Cases, Rouse Avenue Courts, New Delhi, dismissing the ED's application under Section 346 of the Bharatiya...

Fixed Share Of Gross Receipts Paid To AOP Member Was Taxable Revenue Income, Not Exempt Profit: Supreme Court

The Supreme Court has held that the 35% share of gross sale proceeds received by Sanand Properties Pvt Ltd from an Association of Persons (AOP) formed for a Pune housing project was taxable business income and not an exempt share of profit, holding that the payment was insulated from project expenses and therefore bore the character of revenue rather than profit. A bench led by Justice J.B. Pardiwala and Justice K V Viswanathan delivered the ruling in a dispute arising out of a joint...

Supreme Court Requests Early Delhi HC Hearing In Pernod Ricard's ₹3,000 Crore Customs Duty Dispute

The Supreme Court on Monday asked the Delhi High Court to hear, within weeks, Pernod Ricard India Pvt Ltd's challenge to a September 2025 customs adjudication order in a valuation dispute in which it allegedly faces duty liability of around Rs 3,000 crore. A bench of Justices Sanjay Karol and Nongmeikapam Kotiswar Singh noted that Pernod Ricard's writ petition before the Delhi High Court was listed for July 28, 2026. It directed the parties to appear before the High Court on May 15; requested...

Vague Or Ambiguous Arbitration Notice Cannot Validly Commence Arbitral Proceedings: Calcutta High Court

The Calcutta High Court has recently held that arbitral proceedings cannot be validly commenced on the basis of a vague or ambiguous invocation notice that fails to clearly identify the arbitration agreement or clause relied upon, or is not shown to have been received by the opposing party. Justice Gaurang Kanth held, “The Section 21 notice is not a mere procedural formality, rather it is a jurisdictional prerequisite that marks the very commencement of arbitration proceedings.”He added,...

Supreme Court Says Appeal Without Certified Copy Was "Wholly Incompetent," Sets Aside NCLAT Order Condoning Delay

The Supreme Court on Tuesday set aside an NCLAT order condoning delays in filing and refiling an insolvency appeal against the approval of a resolution plan for Samson and Sons Builders and Developers Pvt Ltd, holding that the appeal was a “wholly incompetent appeal” as there was effectively no filing of a valid appeal in the eyes of the law.A bench of Justices Sanjay Kumar and K. Vinod Chandran set aside the NCLAT's November 10, 2025 order condoning delays of 15 days in filing and 150 days in...

Delhi HC Refers JioStar-Absolute Legends Dispute Over Legends League Cricket Media Rights To Arbitration

The Delhi High Court has referred disputes between JioStar India Pvt. Ltd. and Absolute Legends Sports Pvt. Ltd. over the media and commercial rights of the Legends League Cricket Masters T20 tournament to arbitration. It held that arbitral proceedings should not be unduly delayed once parties before the court agree to arbitrate. Justice Harish Vaidyanathan Shankar appointed Senior Advocate Kamal Nijhawan as sole arbitrator. The court also directed that franchise fee collections and ticket...

Arbitral Proceedings Cannot Be Terminated Twice; Recall Rejection Cannot Be Challenged As An Award: Delhi HC

Arbitral proceedings, once terminated, cannot be terminated a second time, the Delhi High Court has held while ruling that a party cannot treat an arbitrator's refusal to recall an earlier termination order as a fresh termination capable of challenge as an arbitral award. “Arbitral proceedings can be terminated only once and once terminated they cannot again be terminated a second time. The dismissal of the recall application could not, therefore, be treated as a second order terminating the...

Delhi High Court Halts Arbitration in Ramprastha–Rhine Power Dispute Pending Contempt Ruling

The Delhi High Court on 20 April upheld a Single Judge's order directing that arbitration proceedings between Ramprastha Promoters & Developers Pvt. Ltd. and investor Rhine Power Pvt. Ltd. remain stayed until the Court decides a pending contempt petition concerning alleged sale of fifteen flats in breach of a subsisting Section 9 injunction. A Division Bench comprising Chief Justice Devendra Kumar Upadhyaya and Justice Tejas Karia dismissed Ramprastha's intra-court appeal and affirmed the...

Allahabad High Court Refuses Writ Against MSME Council Award, Directs Recourse Under Section 34

The Allahabad High Court on 30 April reiterated that a writ petition challenging an ex-parte award passed by the Micro, Small and Medium Enterprises Facilitation Council under Section 18 of the Micro, Small and Medium Enterprises Development Act, 2006 is not maintainable when the statute provides an alternative remedy under Section 34 of the Arbitration and Conciliation Act, 1996. A Division Bench of Justices Saral Srivastava and Garima Prashad dismissed the writ petition filed by Shri Krishna...

"Precious Right To First Appeal": Supreme Court Condones 1059-Day Delay In Khelo MCX Challenge To SEBI Order

The Supreme Court recently restored Khelo MCX Research Services' appeal against SEBI's order directing it to refund money collected while acting as an unregistered investment adviser, condoning a 1059-day delay in approaching the Securities Appellate Tribunal while observing that a first appeal is a “precious right.” "In view of the above, we are inclined to condone the delay in filing the appeal. This will, however, be subject to the appellant paying cost quantified at Rs. 5,00,000/- (Rupees...

Himachal Pradesh HC Says State Waived Arbitration Bid After Contesting L&T's Hydro Power Dispute For Seven Years

The Himachal Pradesh High Court has refused to send the ₹84 crore dispute between L&T Himachal Hydro Power Limited and the State government over the Reoli-Dugli hydropower project to arbitration. The court held that the State waited too long to seek that remedy after contesting the writ petitions for more than seven years. “As already noticed above, after the amendment carried out in the Act in the year 2015, if the party applies not later than date of submitting the first statement on the...

Delhi High Court Questions Merchandiser's Authority To Sell Akkineni Nagarjuna-Branded T-Shirts

The Delhi High Court on Tuesday questioned a merchandise seller's claim that it was lawfully selling Akkineni Nagarjuna-branded T-shirts, after the defendant admitted it had no direct agreement with either the actor or the production house and could not immediately produce documents establishing its claimed authority. The exchange took place before Justice Tushar Rao Gedela in veteran Telugu actor Akkineni Nagarjuna's personality rights suit against entities allegedly using his name, image, and...