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Bhavini Mishra

Bhavini Mishra

Bhavini Mishra

40% tax deduction applies only to income from long-term finance: SC

The Supreme Court has held that statutory corporations cannot claim a 40% tax deduction on income not directly derived from long-term finance

40% tax deduction applies only to income from long-term finance: SC
Updated On : 11 Dec 2025 | 10:48 PM IST

Delhi HC flags lack of repeal notification as Centre enforces labour code

Delhi HC flagged concerns that the Centre may have enforced the Industrial Relations Code, 2020 without formally repealing older labour laws, and has sought clarity on how the transition was notified

Delhi HC flags lack of repeal notification as Centre enforces labour code
Updated On : 11 Dec 2025 | 9:37 PM IST

Novo Nordisk challenges HC order permitting Dr Reddy's semaglutide exports

Novo Nordisk's appeal is listed for hearing on Friday before a bench of Justice C Hari Shankar and Justice Om Prakash Shukla

Novo Nordisk challenges HC order permitting Dr Reddy's semaglutide exports
Updated On : 11 Dec 2025 | 8:53 PM IST

Delhi HC pulls up Centre over IndiGo crisis; orders passenger compensation

Delhi High Court criticised the Centre and DGCA over the IndiGo disruptions and directed airline to immediately begin compensation under the DGCA's 2010 circular, with the next hearing on Jan 22, 2026

Delhi HC pulls up Centre over IndiGo crisis; orders passenger compensation
Updated On : 11 Dec 2025 | 12:06 AM IST

Delhi HC allows Sun Pharma to export semaglutide, restricts sale in India

The Delhi High Court has allowed Sun Pharma to manufacture and export semaglutide-based drugs to countries where Novo Nordisk holds no patent, but barred sales in India until March 2026

Delhi HC allows Sun Pharma to export semaglutide, restricts sale in India
Updated On : 10 Dec 2025 | 11:31 PM IST

Karnataka High Court recalls stay on one-day monthly menstrual leave

The Karnataka High Court will hear the state and petitioners on interim relief in challenge to Karnataka's one-day paid menstrual leave notification, after it first stayed and then recalled the stay

Karnataka High Court recalls stay on one-day monthly menstrual leave
Updated On : 09 Dec 2025 | 11:29 PM IST

Novo Nordisk moves HC to stop Sun Pharma's weight-loss drug launch

The dispute centres on Novo Nordisk's Indian patents for semaglutide, which it markets globally as Ozempic and Wegovy for Type 2 diabetes and weight management

Novo Nordisk moves HC to stop Sun Pharma's weight-loss drug launch
Updated On : 09 Dec 2025 | 11:10 PM IST

Byju's parent company RP moves NCLAT against Aakash's rights issue

Think & Learn challenges Aakash Educational Services' decision to withhold shares worth ₹25 crore; NCLAT to hear the matter on December 16 amid related AWS appeals

Byju's parent company RP moves NCLAT against Aakash's rights issue
Updated On : 08 Dec 2025 | 9:52 PM IST

SC declines to intervene in IndiGo cancellations, cites govt action

The cancellations, which began on December 2, have drawn criticism from passengers and government authorities

SC declines to intervene in IndiGo cancellations, cites govt action
Updated On : 08 Dec 2025 | 6:09 PM IST

IndiGo may face penalties if non-compliance is deliberate: Experts

The revised FDTL (Flight Duty Time Limitation Rules) rules entered their second and final phase on November 1, activating seven clauses deferred during July's rollout

IndiGo may face penalties if non-compliance is deliberate: Experts
Updated On : 07 Dec 2025 | 11:50 PM IST

No question of unregulated AI use by judges, says CJI Surya Kant

The Supreme Court declined a plea seeking regulation of AI in courts, saying judges already act with caution and do not allow technology to influence judicial decisions

No question of unregulated AI use by judges, says CJI Surya Kant
Updated On : 05 Dec 2025 | 10:27 PM IST

Foreign firms' remote services not taxable in India without presence: HC

The ruling came while dismissing appeals filed by the Income Tax Department, which had challenged the Income Tax Appellate Tribunal's decision in favour of a Singapore-based legal services firm

Foreign firms' remote services not taxable in India without presence: HC
Updated On : 05 Dec 2025 | 8:55 PM IST

Women lawyers to take on leadership roles, but barriers persist: Survey

An SCBA survey shows women lawyers keen to lead, yet gender bias, pay gaps, limited mentorship and motherhood pressures continue to restrict equal access to leadership roles

Women lawyers to take on leadership roles, but barriers persist: Survey
Updated On : 05 Dec 2025 | 12:05 AM IST

Yes Bank admin cannot write down AT1 bonds: Axis Trustee in Supreme Court

The Supreme Court began hearing arguments on whether Yes Bank's 2020 write-off of ₹8,400 crore AT1 bonds was legally valid, a ruling that could reshape future bank resolutions

Yes Bank admin cannot write down AT1 bonds: Axis Trustee in Supreme Court
Updated On : 04 Dec 2025 | 8:48 PM IST

Decision to write down AT1 bonds legally valid, Yes Bank admin tells SC

Administrator argues 2020 write-off was valid under Basel III; court's ruling could force ₹8,400 crore repayment to bondholders

Decision to write down AT1 bonds legally valid, Yes Bank admin tells SC
Updated On : 03 Dec 2025 | 9:33 PM IST

NCLAT reserves verdict on CCI's plea in WhatsApp-Meta data-sharing case

In November this year, the NCLAT had set aside the CCI's five-year prohibition on data sharing for advertising, but upheld the penalty of ₹213.14 crore and other directions issued by the regulator

NCLAT reserves verdict on CCI's plea in WhatsApp-Meta data-sharing case
Updated On : 02 Dec 2025 | 10:31 PM IST

K-G gas dispute: SC to hear pleas of Reliance Industries, others in Feb

RIL has also pleaded that the order passed by the international tribunal was binding on the parties under the terms of the production-sharing contract (PSC)

K-G gas dispute: SC to hear pleas of Reliance Industries, others in Feb
Updated On : 02 Dec 2025 | 10:20 PM IST

SC rejects RIL plea against ₹30L fine for not disclosing Jio-FB deal

Bench says "bigger the company, greater the responsibility," dismisses appeal over 2020 insider trading violation

SC rejects RIL plea against ₹30L fine for not disclosing Jio-FB deal
Updated On : 02 Dec 2025 | 10:18 PM IST

SC urges ECI to extend time for submitting forms for electoral rolls

A bench of Chief Justice of India Surya Kant and Justice Joymalya Bagchi was informed that the ECI had already extended the original deadline from December 4 to December 11

SC urges ECI to extend time for submitting forms for electoral rolls
Updated On : 02 Dec 2025 | 7:56 PM IST

Fine must be limited to jurisdiction where product is made: Apple to HC

The Delhi High Court has asked the Centre and CCI to explain the rationale behind allowing penalties based on global turnover after Apple argued that the provision is unconstitutional

Fine must be limited to jurisdiction where product is made: Apple to HC
Updated On : 01 Dec 2025 | 10:48 PM IST