News

The MCA removed over 21,800 companies from its register in the first seven months of FY 2026-27, with the surge largely coinciding with the CCFS that reduced pending filing fees and company closure charges.

Over 21,800 Companies Struck Off MCA Register in FY 2026-27; 80% Surge After Compliance Relief Scheme

Judgement

The NCLT Bangalore rules that mere arbitration clause in Shareholders’ Agreement does not automatically make disputes arbitrable.


NCLT Holds Shareholders’ Dispute Under Sections 241–242 of Companies Act Not Referable to Arbitration

The GSTAT cited defective show cause notice and failure to specify the exact period of return default to set aside cancellation.

GSTAT Restores GST Registration of Adhunik Fire Appliances from Cancellation Date

The ITAT quashed an Rs 18.24 lakh tax addition under Section 56(2)(vii)(b) after the DVO valued the land at its actual purchase price, supporting the farmer's claim.

ITAT Quashes Rs 18.24 Lakh Tax Addition After DVO Values Land at Price Equal to Its Initial Purchase Price

The Income Tax Department is investigating a Delhi-NCR couple for allegedly evading Rs 5.3 crore in taxes through fake political donation receipts, fabricated certificates.

Delhi-NCR Couple Under Scanner for Alleged Rs 5.3 Crore Tax Evasion Using Fake Receipts and Fabricated Certificates

The RBI has extended the supersession of Abhyudaya Co-operative Bank's board, with Satya Prakash Pathak continuing as Administrator under the guidance of the Committee of Advisors.

RBI Announces Extension in Supersession of Board of Directors of Abhyudaya Co-operative Bank for Another Year

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