Telangana High Court Restrains Ex Karix Mobile Employees From Sharing Trade Secrets With Competitor

Holding that the sudden loss of a major client gave rise to an “unshakable inference” of breach of confidence, the Telangana High Court has set aside a trial court order and granted interim protection to Karix Mobile Private Limited against its former senior employees who joined competitor OneXtel Limited. A Division Bench of Justice Moushumi Bhattacharya and Justice Gadi Praveen Kumar allowed the appeal and overturned the October 6, 2025 order of the trial court, which had rejected Karix's...

Bank's Classification Of Debt As NPA For Balance Sheet Purposes Not Decisive For Limitation Under IBC: Supreme Court

The Supreme Court on Thursday observed that the manner in which a bank classifies a loan as a non-performing asset for accounting or provisioning purposes does not determine the starting point of limitation under the Insolvency and Bankruptcy Code, particularly where the debt has been restructured and acknowledged in fresh agreements. “In our view, how a bank classifies its debt for managing its balance sheet is not a factor determining the starting point of limitation more so, when the debt...

Delhi High Court Upholds ₹2.57 Crore Award Against AAI In Mangalore Airport Control Tower Construction Delay Case

The Delhi High Court has recently dismissed a challenge by the Airports Authority of India (AAI) and upheld an arbitral award directing it to pay Rs. 2.57 Crore with interest and Rs 7 lakh as costs to URC Construction (P) Ltd. The Court held that the 477-day delay in constructing a new control tower-cum-technical block at Mangalore International Airport was attributable to AAI. The award grants interest at 10% per annum from September 4, 2017, till the date of the award, and further 10% from...

Delhi High Court Restrains Misuse Of HCL Trademark In Alleged Fraudulent 'HCL Mediclinic' Scheme

The Delhi High Court has issued an ex-parte ad-interim injunction to protect HCL Corporation Pvt Ltd against unidentified parties who are allegedly misrepresenting themselves as company officials to dupe members of the public and job seekers. According to the suit filed by HCL, the company recently became aware of illegal and fraudulent activities by rogue third parties. HCL alleges that these individuals have been issuing fraudulent emails, calls, and messages while posing as HCL employees. ...

IBC Cannot Override Telecom Laws Governing Spectrum Trading and Licence Dues: Supreme Court

The Supreme Court of India on Friday held that the Insolvency and Bankruptcy Code cannot be invoked to override the statutory framework governing telecom spectrum, ruling that spectrum trading conditions and licence dues mandated under telecom laws must be honoured notwithstanding insolvency proceedings. A bench of Justices PS Narasimha and Atul S. Chandurkar framing the key issue observed, “The question for our consideration is whether telecom service providers (TSPs), called upon to pay the...

Delhi High Court Holds Breach of Settlement Not Contempt In Siemens‑DAMEPL Arbitration

The Delhi High Court has held that contempt proceedings cannot be initiated if the judgment debtor defaults, when there is a settlement agreement between parties specifying the consequences of non-payment. A Bench of Justice Sachin Datta were hearing a case between Siemens Limited and Siemens Aktiengesellschaft (“Siemens”), the decree holders, and Delhi Airport Metro Express Private Limited (“DAMEPL”), the judgment debtor, arising from an arbitral award which partly allowed Siemens' claims. ...

DEEC Licence Must Be Valid On Date Of Warehouse Clearance To Claim Customs Exemption: Supreme Court

The Supreme Court of India has recently reiterated that in the case of warehoused goods, customs duty liability arises on the date of actual clearance from the warehouse, and an importer cannot claim exemption under a DEEC advance licence if the licence has expired by then.Upholding the High Court's decision, a bench of Justices Manmohan and Vipul M. Pancholi ruled that entitlement to exemption must subsist on the date duty is assessed. “From the aforesaid provisions, it is evident that the...

No CST If State Tax Already Paid On Inter-State Movement Of Goods: Andhra Pradesh High Court

The Andhra Pradesh High Court on 9 February held that once tax is levied and collected on goods under the Andhra Pradesh General Sales Tax Act (APGST Act), no Central Sales Tax (CST) can be imposed on their inter-State movement, even if statutory declaration forms such as C-Forms or F-Forms are not furnished or are defective. A Division Bench of Justice R Raghunandan Rao and Justice T.C.D. Sekhar allowed a petition challenging the CST assessment for the assessment year 2004–05, filed by Gourav...

Supreme Court Says IBC Cannot Determine Ownership Of Telecom Spectrum, Calls It Material Resource Of Community

The Supreme Court on Friday held that the ownership and control of telecom spectrum cannot be determined by the Insolvency and Bankruptcy Code since it is a common good.A bench of Justices PS Narasimha and Atul S. Chandurkar held that the spectrum is a material resource of the community in the constitutional sense. It said the spectrum must benefit the common good, so its control has to be secured for the citizens.“IBC cannot be the guiding principle for restructuring the ownership and control...

RBI 2016 MSME Framework Not Absolute Bar To SARFAESI Action Against MSME Borrower: Calcutta High Court

The Calcutta High Court has recently observed that banks are required to examine and keep SARFAESI proceedings in abeyance only if an MSME borrower raises a specific objection with supporting materials and an affidavit asserting its MSME status.The court clarified that the 2016 RBI 'Framework for Revival and Rehabilitation of Micro, Small and Medium Enterprises' does not create an absolute bar on classifying an MSME loan account as NPA or initiating action under the SARFAESI Act.Justice...

Delhi High Court Restrains Indian Firm From Using 'SHRM' Trademark Of US HR Organisation

Finding a prima facie case of trademark infringement, the Delhi High Court has barred Strategic HRM from using the “SHRM” mark, observing that failure to grant an ex-parte injunction would cause “irreparable loss and injury” to the US-based Society for Human Resource Management.A single-bench of Justice Tushar Rao Gedela passed the order on February 11.The Society for Human Resource Management (SHRM) was established in the United States as the American Society for Personnel...

Delhi High Court Directs Nil TDS For GoDaddy, Says Domain Registration Fees Not Taxable Under India-US DTAA

The Delhi High Court has held that domain name registration fees received by GoDaddy is not chargeable to income tax in India, in terms of the India-USA Double Taxation Avoidance Agreement.A division bench of Justices Dinesh Mehta and Vinod Kumar also criticised the Income Tax Department for refusing to grant a nil withholding tax certificate under Section 197 of the Income Tax Act, 1961, despite binding judicial precedent.“We record our displeasure about the casual rather callous manner, in...