Judgement

High Court extends TRQ exemption to importer of crude soya-bean oil; directs refund of Rs. 24,03,057/- Customs Duty wrongly collected during period left uncovered by notification.

Delhi High Court Allows TRQ Benefit and Refund on Crude Soya-bean Oil Imports

Admission

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Top 10 Commerce Colleges in India

HC allows appeal u/s 130 of the Customs Act, sets aside CESTAT’s remand order, and restores the matter to CESTAT after SC’s Canon-II review held DRI officers are proper officers u/s 28.

HC Restores Customs Appeal After Supreme Court's Decision Upholds DRI Officers as Proper Officers

News

ROC Ahmedabad imposes a penalty on the company and its directors under Section 454 of the Companies Act, 2013, for Violation of Section 172 of the Companies Act, 2013.

Director Escapes Penalty Due to Death, But ROC fines Company for Non-Compliance

Bench directs that settlement applications filed on 22.03.2021 be treated as “pending” and processed by the Interim Board; reads down retrospective effect of Section 245C(5) so as not to extinguish filings up to 31.03.2021.

HC Rules Income-Tax Settlement Applications Filed Before 31 March 2021 Remain Valid Despite Retrospective Amendment

The Registrar of Companies (ROC) Delhi penalises a company and its directors for violating private placement procedures under Section 42 of the Companies Act, 2013.

ROC Delhi Penalises Company and Its Directors for Violating Private Placement Rules

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