Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
Constitutional judicial review permits challenges to ECIRs and connected money-laundering proceedings where coercive action affects fundamental intere...
An Article 227 petition may be maintainable against an arbitral tribunal's rejection of a jurisdictional objection under Section 16 where the dispute is non-arbitrable or subject to an exclusive statutory mechanism, despite the absence of an appeal under Section 37. Company restructuring, asset division, management changes and share-related reliefs concerning companies not party to an MOU fall within the National Company Law Tribunal's exclusive jurisdiction under the Companies Act. Such intra-company disputes may affect minority shareholders and third parties, constitute actions in rem, and cannot be made arbitrable through a personal contract between individuals. Arbitral proceedings concerning the companies were terminated, while remedies before the NCLT remained available.
An Article 227 petition may be maintainable against an arbitral tribunal's rejection of a jurisdictional objection under Section 16 where the dispute is non-arbitrable or subject to an exclusive statutory mechanism, despite the absence of an appeal under Section 37. Company restructuring, asset division, management changes and share-related reliefs concerning companies not party to an MOU fall within the National Company Law Tribunal's exclusive jurisdiction under the Companies Act. Such intra-company disputes may affect minority shareholders and third parties, constitute actions in rem, and cannot be made arbitrable through a personal contract between individuals. Arbitral proceedings concerning the companies were terminated, while remedies before the NCLT remained available.
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