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A Retrospective Amendment and Supreme Court’s Balancing Act: A Brief Comment
The Supreme Court in Asia Sugar & Chemical Co v State of Karnataka (‘Asia Sugar case’) upheld the State of Karnataka’s (‘State’) legislative competence to retrospectively amend the Karnataka Sales Tax Act, 1957 (‘KST…
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Notifications Cannot Go Beyond Recommendations of the GST Council
Madurai Bench of the Madras High Court in M/S Guru and Co v Union of India (‘M/S Guru case’) addressed question about the Union of India’s powers to issue notifications vis-à-vis the GST Council…
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PMLA v IBC: The NCLAT Invokes Ganges and National Interest
The National Company Law Appellate Tribunal, New Delhi (‘NCLAT’) in Value Wise Consultancy Private Limited v The Deputy Director, Directorate of Enforcement had to decide that when two legislations were in action- the Insolvency…
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Quick Comment: Section 29A(c) Disqualification and a Redundant NPA Account
Introduction Section 29A(c) of the Insolvency and Bankruptcy Code, 2016 (‘IBC’) makes a person ineligible to submit a resolution plan, if such person, or any other person acting jointly or in concert…
