Supreme Court
West Bengal Coal Scam Case: Supreme Court Seeks Anup Majee's Reply In ED Plea Against Anticipatory Bail
The Supreme Court on Monday sought a reply from Anup Majee, an alleged key accused in the West Bengal coal smuggling-linked money laundering case, on a plea filed by the Directorate of Enforcement challenging a Delhi High Court order granting him anticipatory bail. The Delhi High Court had, on June 13, 2025, held that the “twin conditions” under Section 45 of the PMLA were satisfied. It noted that the investigation had continued for nearly five years without any attempt to arrest Majee, despite...
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...
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...
Supreme Court Dismisses Income Tax Appeal Against IDBI Bank Over Delay Of 275 Days
The Supreme Court on Monday dismissed the Income Tax Department's plea against IDBI Bank Ltd over a 275-day delay, refusing to interfere with the Bombay High Court's decision quashing reassessment proceedings for AY 2016-17.The High Court, in its order dated March 24, 2025 held that the reasons recorded by the Assessing Officer were factually incorrect, reflected non-application of mind, and amounted to an impermissible review based on change of opinion.A Bench of Justices Pamidighantam Sri...
Supreme Court Seeks Revenue Explanation On Digitisation Of Missing GST Files In Bengal Cold Rollers Case
The Supreme Court has sought an explanation from the Revenue regarding the digitisation of 14 files seized in a GST investigation that are now stated to be missing in the case of Bengal Cold Rollers Pvt. Ltd.The taxpayer argued that the absence of the original files affected its ability to establish the genuineness of transactions in pending GST adjudication proceedings. A Bench of Justice J.B. Pardiwala and Justice K.V. Viswanathan noted the Revenue's stand that although the original physical...
Supreme Court Issues Notice On Prayag Group Promoters' Bail Plea In ₹2,862 Crore PMLA Case
The Supreme Court on Friday issued notice on a plea by Prayag Group promoters Basudeb Bagchi and Avik Bagchi challenging a Calcutta High Court order refusing them regular bail in a PMLA case. The Enforcement Directorate alleges the promoters defrauded investors of around Rs. 2,862 crores. A Bench of Justices Vikram Nath and Sandeep Mehta noted the ED's appearance on advance notice and dispensed with formal service of notice on the agency. The matter has been listed for hearing on July 14, 2026....
Non-Signatory Collaborator Whose Role Was Essential To Contract Can Invoke Arbitration: Supreme Court
The Supreme Court has held that a collaborator whose technical expertise was essential for a contractor to qualify for a project bid can invoke the arbitration clause in the principal contract.This would apply where the collaborator's role makes it effectively a party to the agreement.“The meetings convened between the Employer, the Contractor and the Collaborator, after delay in execution of the contract, the tripartite agreement entered into between them and the further communications...
Supreme Court Dismisses Dhanlaxmi Bank Plea Against NCLAT Order Setting Aside CIRP Against Emerald Mineral Exim
The Supreme Court on Thursday dismissed an appeal filed by Dhanlaxmi Bank Ltd against an NCLAT order that had set aside insolvency proceedings against Emerald Mineral Exim Pvt Ltd. The court held that the dispute arising from a commercial property transaction was predominantly contractual in nature and not a straightforward financial debt-default case warranting initiation of CIRP under the Insolvency and Bankruptcy Code. A Bench of Justices Pamidighantam Sri Narasimha and Alok Aradhe refused...
Supreme Court Stays Patna HC Order Restraining Local Company From Using “JOHNSON” Trademark, Issues Notice
The Supreme Court on Thursday stayed the Patna High Court's April 24, 2026 order granting a temporary injunction restraining Johnson Paints Pvt. Ltd. from manufacturing, selling, or advertising paint and cement paint products under the “JOHNSON” mark or any deceptively similar variant in an ongoing trademark dispute with Johnson Paints Co. A bench of Justices J.K. Maheshwari and Atul S. Chandurkar, while issuing notice, directed Johnson Paints Pvt Ltd to furnish an undertaking that it would...