Supreme Court Stays Cognizance Against Former Coal Secretary, Naveen Jindal, JSPL In Coal Block Allocation Case

The Supreme Court recently stayed a Delhi court's decision to take cognizance in the coal block allocation case involving former Coal Secretary P.C. Parakh, Jindal Steel & Power Ltd. (JSPL), its Chairman Naveen Jindal and others. The proceedings arise out of a CBI investigation into the allocation and subsequent mining operations of the Gare Palma IV/1 coal block in Chhattisgarh. A preliminary inquiry was initiated in 2012 following complaints alleging irregularities in coal block...

FERA Opportunity Notice Mandatory Before Instituting Complaint, Taking Cognizance: Supreme Court

The Supreme Court on Tuesday held that no criminal complaint under the Foreign Exchange Regulation Act (FERA) can be instituted unless the proposed accused is first given a meaningful opportunity to show it had the requisite permission, ruling that the requirement is mandatory and not a mere procedural formality.A bench of Justices J.B. Pardiwala and Manoj Misra, relying on the Delhi High Court's decisions in Devashis Bharracharya, Sanjay Malviya, United India Airways Ltd., and Shilpi Modes,...

Supreme Court Refuses To Entertain PIL Seeking Transfer Of Benami Act Appeals To ITAT, Allows Representation

The PIL was filed by former ITAT Vice President Parveen Kumar Bansal, who sought transfer of appellate jurisdiction under the PBPT Act from the PMLA Appellate Tribunal to the Income Tax Appellate Tribunal

Supreme Court Holds BPCL, HPCL Liable For ₹16.6 Crore Service Tax For Marketing MGL's CNG

The Supreme Court on Monday held that Bharat Petroleum Corporation Ltd. (BPCL) and Hindustan Petroleum Corporation Ltd. (HPCL) are liable to pay more than ₹16.6 crore in service tax for facilitating the sale of Mahanagar Gas Ltd.'s (MGL) compressed natural gas (CNG). It ruled that the two public sector oil companies rendered Business Auxiliary Service to MGL by promoting and marketing its CNG, instead of purchasing and reselling the fuel. "The agent Corporations provide promotional services...

AI Tool Has No Sanction In Law To Prepare And Issue GST Show Cause Notice: Punjab & Haryana High Court

The Punjab and Haryana High Court has recently quashed a GST show cause notice after holding that it had been issued primarily by relying upon an Artificial Intelligence (AI) tool, the use of which was not shown to have statutory sanction. The challenge was founded on a document annexed to the show cause notice and uploaded on the department's portal. The document referred to various AI-based aids and included suggestions to "Tighten this further with case-law citation paragraph-wise", convert...

Supreme Court Issues Notice On Venugopal Dhoot's Plea To Include Videocon Foreign Oil Assets In VIL Insolvency

The Supreme Court on Tuesday issued notice in an appeal filed by Videocon Group founder Venugopal Dhoot. The appeal challenges the National Company Law Appellate Tribunal's (NCLAT) May 14, 2026, decision refusing to include the foreign oil and gas assets of Videocon Oil Venture Ltd. (VOVL) and its overseas subsidiaries in the corporate insolvency resolution process (CIRP) of Videocon Industries Ltd.A Bench of Justice P.S. Narasimha and Justice Alok Aradhe issued notice while hearing Venugopal...

Supreme Court Quashes 1992 FERA Proceedings Against Standard Chartered Bank Over NRE Transactions

The Supreme Court on Tuesday quashed criminal proceedings initiated against Standard Chartered Bank under the Foreign Exchange Regulation Act, 1973 (FERA). The case stemmed from allegations that the bank facilitated foreign exchange transactions in 1992 by allowing foreign currency deposits and remittances through Non-Resident External (NRE) accounts without the approvals mandated under the Act.A bench of Justices J.B. Pardiwala and Manoj Misra allowed the bank's appeal against the Bombay High...

LiveLawBiz: Corporate Legal News Daily Round-Up: July 20, 2026

IBC Withdrawal Of Earlier Insolvency Plea By Personal Guarantor After OTS Not a Bar To Fresh Plea: NCLT ChennaiNCLT Delhi Orders Dissolution of Cross-Border Payments Company Paysend IndiaNCLT Ahmedabad Directs Moeving To Return 124 EVs Owned By Gensol EV Lease During Insolvency ProcessOne Partner's Signature Is Sufficient For Firm's Insolvency Plea If Majority Of Partners Approve: NCLATIPR Anchor Agrees Before Calcutta High Court To Drop 'First and Only' Toothpaste Claims In 18-Year Dispute With...

LiveLawBiz Indirect Tax Weekly Round-Up: July 13 - July 19, 2026

SUPREME COURTSupreme Court Upholds Karnataka's Retrospective Withdrawal Of Sales Tax Exemption For Imported SugarCase Title : Asia Sugar & Chemical Co., Davangere v. State of Karnataka & Ors. Case Number : Civil Appeal No. 48 of 2009 CITATION : 2026 LLBiz SC 235The Supreme Court on Monday held that the Karnataka Legislature was competent to retrospectively withdraw the sales tax exemption available to imported sugar, but dealers who had acted under the earlier exemption regime cannot...

Plea In Supreme Court Against HC Refusal To Order CBI Probe In Alleged Adani Solar Contracts Bribery Case

A Special Leave Petition has been filed before the Supreme Court challenging the Bombay High Court's refusal on March 27, 2026 to direct the Central Bureau of Investigation (CBI) to register an FIR into the alleged ₹2,029 crore Adani solar bribery case.The High Court had dismissed the writ petition filed by social activist Jitendra Punamchand Maru, holding that it was an abuse of the process of law and the petitioner lacked bona fides. The special leave petition filed on June 17, is yet to...

LiveLawBiz Direct Tax Weekly Round-Up: July 13 - July 19, 2026

SUPREME COURTSupreme Court Issues Notice On Revenue's Appeal Against HC's India-Singapore DTAA Relief To ST ShippingCase Title : ASSISTANT COMMISSIONER OF INCOME TAX Versus M/S ATLANTIC GLOBAL SHIPPING PVT. LTD. Case Number : Diary No. 25162-2026The Supreme Court on Wednesday issued notice in the Income Tax Department's appeal challenging a Gujarat High Court judgment that held ST Shipping Pte Ltd, Singapore was entitled to the benefit of Article 8 of the India-Singapore Double Taxation...

LiveLawBiz IPR Weekly Digest: July 13 - July 19, 2026

HIGH COURTSDELHI HIGH COURTDelhi High Court Cancels 'ZORA' Trademark, Holds It Deceptively Similar To Well-Known ZARA Mark Case Title: Industria De Diseno Textil, S.A. v. Registrar of Trade Marks & Anr.Case Number: C.A.(COMM.IPD-TM) 52/2024, I.A. 33885/2024Citation: 2026 LLBiz HC (DEL) 702The Delhi High Court has cancelled the registration of the trademark 'ZORA', ruling it deceptively similar to the well-known Spanish fashion brand ZARA. Justice Jyoti Singh set aside the Registrar's order...