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JAL shares to delist from BSE and NSE on Thursday. What happens to its 6 lakh shareholders?Jaiprakash Associates is set to be delisted from the BSE and NSE from June 18 following the completion of insolvency proceedings and Adani ...15 Jun, 2026, 02.43 PM IST- OFCD case: SEBI moves SC against SAT relief to SICCL managers, company secretaryThe Securities and Exchange Board of India has approached the Supreme Court. This follows a Securities Appellate Tribunal order that provid...13 Jun, 2026, 03.54 PM IST
- The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...12 Jun, 2026, 06.46 PM IST
- NCLT rejects insolvency plea against Noida Metro Rail Corporation over pre-existing disputesThe National Company Law Tribunal has rejected an insolvency plea against Noida Metro Rail Corporation. The tribunal found genuine disputes...12 Jun, 2026, 02.26 PM IST
- NCLT admits SBI plea for personal insolvency proceedings against Anil AmbaniMumbai NCLT has admitted SBI's plea to start personal insolvency proceedings against Anil Ambani. This follows a Rs 1,200 crore claim by th...12 Jun, 2026, 10.50 AM IST
- Can you sell household items worth more than Rs 2 lakh in cash? Check the tax rulesA woman successfully challenged the Income Tax Department's addition of Rs 10.80 lakh as unexplained cash. The ITAT Chennai ruled in her fa...12 Jun, 2026, 10.44 AM IST
- Jindal Poly Films dispute, India's first class action suit, sent by Supreme Court to arbitrationThe Supreme Court has sent a minority shareholder dispute involving Jindal Poly Films to arbitration. This decision overturns earlier order...11 Jun, 2026, 07.37 PM IST
- Reliance Foundation secures major win as ITAT overturns cancellation of charity registrationReliance Foundation has won a legal battle against the Income Tax authorities regarding the 'charitable' status of its Mumbai hospital. A t...11 Jun, 2026, 12.46 AM IST
- Hong Kong-based son gets tax notice after father buys insurance policy in his name with cash; he fights back and wins case in ITAT MumbaiAn NRI in Hong Kong faced an income tax dispute after withdrawing cash from his NRE account to give to his father. The father used this mon...09 Jun, 2026, 04.57 PM IST
- Court grants over Rs 2.5 crore compensation to road accident victim in VisakhapatnamA Motor Accident Claims Tribunal awarded Rs 1.6 crore to an Indian Navy MARCOS commando, now with 88% permanent disability after a 2018 roa...09 Jun, 2026, 04.23 PM IST
- Man sold unlisted shares, bought Rs 5.65 cr house, faced income tax scrutiny; he fought back and won in ITAT Delhi despite low income declarationMr. Bansal successfully appealed a tax demand after claiming Section 54F exemption on Rs 7.59 crore long-term capital gains from unlisted s...08 Jun, 2026, 09.52 AM IST
- NCLAT quashes Ligare Aviation's insolvency; loan from Religare Enterprises round-tripping of moneyThe National Company Law Appellate Tribunal has cancelled insolvency proceedings against Ligare Aviation. The tribunal found the National C...07 Jun, 2026, 12.06 PM IST
- EPFO held on to Rs 10 lakh for 11 years: Patna HC orders it to refund the deposit with 6% interest for ‘unjust enrichment’The Patna High Court has ordered the EPFO to pay 6% annual interest on a Rs 10 lakh deposit, citing unjust enrichment. The court ruled that...06 Jun, 2026, 07.11 AM IST
- LDF accuses Congress-led UDF of politically motivated staff transfers; government rejects itThe Kerala government has dismissed Left Democratic Front (opposition) accusations of politically motivated employee transfers. Minister Su...03 Jun, 2026, 12.11 PM IST
- GOQii moves SC over higher customs duty on fitness trackersGOQii Technologies has approached the Supreme Court. The fitness tech company wants a decision on customs duty for its imported bands. It a...03 Jun, 2026, 12.30 AM IST
- Can govt employee be terminated from service for suppressing higher qualification: SC to examineThe Supreme Court will review a Telangana High Court ruling. The ruling upheld the termination of a Scheduled Tribe employee for not disclo...02 Jun, 2026, 06.22 PM IST
- Supreme Court questions Waqf institution's plea for court fees exemption in tribunalsThe Supreme Court questioned the legal foundation for Waqf institutions to be exempt from paying court fees. This came up during a hearing ...01 Jun, 2026, 03.51 PM IST
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