Sandhra Suresh
![BIFR Waiver of ₹81.60L Customs Demand Binding: Madras HC Quashes CESTAT Pre-Deposit Against SMS Lifesciences [Read Order]](https://images.taxscan.in/h-upload/2026/01/14/500x300_2119706-bifr-waiver-of-8160l-customs-demand-binding-madras-hc-quashes-cestat-pre-deposit-against-sms-lifesciences-taxscan.webp "BIFR Waiver of ₹81.60L Customs Demand Binding: Madras HC Quashes CESTAT Pre-Deposit Against SMS Lifesciences [Read Order]")
BIFR Waiver of ₹81.60L Customs Demand Binding: Madras HC Quashes CESTAT Pre-Deposit Against SMS Lifesciences [Read Order]
The Madras High Court ruled that the waiver of Rs 81.60 Lakhs on SMS Lifesciences by the Board for Industrial and Financial Reconstruction (BIFR)...
![Failure to Apply Clause 3(d) of RBIs Master Circular: Calcutta HC Sets Aside Wilful Defaulter Tag by SBI on Non‑Executive Director [Read Order]](https://images.taxscan.in/h-upload/2026/01/14/250x150_2119458-calcutta-high-court-wilful-defaulter-case-taxscan.webp "Failure to Apply Clause 3(d) of RBIs Master Circular: Calcutta HC Sets Aside Wilful Defaulter Tag by SBI on Non‑Executive Director [Read Order]")
![Contempt Jurisdiction Vests with NCLT u/s 425 of Companies Act, Not High Court: Bombay HC Dismisses Petition Against Satara Sahakari Bank [Read Order]](https://images.taxscan.in/h-upload/2026/01/14/250x150_2119464-contempt-jurisdiction-vests-with-nclt-us-425-of-companies-act-not-high-court-bombay-hc-dismisses-petition-against-satara-sahakari-bank-taxscan.webp "Contempt Jurisdiction Vests with NCLT u/s 425 of Companies Act, Not High Court: Bombay HC Dismisses Petition Against Satara Sahakari Bank [Read Order]")
![Restricting NCLT’s Contempt Powers Would Reduce IBC to a Paper Tiger: Bombay HC Holds Contempt Plea Not Maintainable [Read Order]](https://images.taxscan.in/h-upload/2026/01/14/250x150_2119471-bombay-hc-holds-contempt-plea-not-maintainable-taxscan.webp "Restricting NCLT’s Contempt Powers Would Reduce IBC to a Paper Tiger: Bombay HC Holds Contempt Plea Not Maintainable [Read Order]")
![Import Declared as Grey Fabric Found to Be Corduroy: Madras HC Upholds Confiscation and Penalties under Customs Act, But Relieves Non‑Importing Entity [Read Order]](https://images.taxscan.in/h-upload/2026/01/14/250x150_2119460-import-declared-grey-fabric-found-t-corduroy-madras-hc-upholds-confiscation-penalties-under-customs-act-but-relieves-non-importing-entity-taxscan.webp "Import Declared as Grey Fabric Found to Be Corduroy: Madras HC Upholds Confiscation and Penalties under Customs Act, But Relieves Non‑Importing Entity [Read Order]")
Limitation Plea Raised for First Time at Hearing Without Supporting Facts: Madras HC Upholds Tribunal’s Rejection [Read Order]
The Madras High Court has upheld the Customs and Service Tax Appellate Tribunal’s (CESTAT) rejection of a limitation plea that was raised for the first time before it, under Section 11Aof the...
![Limitation Plea Raised for First Time at Hearing Without Supporting Facts: Madras HC Upholds Tribunal’s Rejection [Read Order]](https://images.taxscan.in/h-upload/2026/01/13/500x300_2119059-madras-hc-upholds-tribunals-rejection-taxscan.jfif "Limitation Plea Raised for First Time at Hearing Without Supporting Facts: Madras HC Upholds Tribunal’s Rejection [Read Order]")
![CLB Has No Authority to Extend Limitation u/s 58(3) of Companies Act: Supreme Court [Read Order]](https://images.taxscan.in/h-upload/2026/01/12/500x300_2118472-supreme-court-clb-authority-supreme-court-ruling-company-law-board-supreme-court-on-companies-act-limitation-limitation-act-and-clb-jurisdiction-taxscan.webp "CLB Has No Authority to Extend Limitation u/s 58(3) of Companies Act: Supreme Court [Read Order]")
Limitation Act Applies to "Courts" and not to Quasi-Judicial Bodies, Unless Expressly Empowered: Supreme Court [Read Order]
The SupremeCourt has ruled that limiation act only applies to “courts” and not to quasi-judicial bodies unless they are expressly empowered in that regard. The issue arose from a long-pending...
![Limitation Act Applies to Courts and not to Quasi-Judicial Bodies, Unless Expressly Empowered: Supreme Court [Read Order]](https://images.taxscan.in/h-upload/2026/01/12/500x300_2118451-limitation-act-supreme-court-ruling-taxscan.webp "Limitation Act Applies to Courts and not to Quasi-Judicial Bodies, Unless Expressly Empowered: Supreme Court [Read Order]")
Retrospective Application of S.433 of Companies Act Rejected: SC Holds CLB Cannot Borrow NCLT’s Powers [Read Order]
The SupremeCourt has rejected the retrospective application of section 433 of the Companies Act and held that the Company Law Board (CLB) cannot borrow such powers from the National Company Law...
![Retrospective Application of S.433 of Companies Act Rejected: SC Holds CLB Cannot Borrow NCLT’s Powers [Read Order]](https://images.taxscan.in/h-upload/2026/01/12/500x300_2118468-retrospective-application-s433-comapnies-act-rejected-sc-clb-cannot-borrow-nclt-powers-taxscan.webp "Retrospective Application of S.433 of Companies Act Rejected: SC Holds CLB Cannot Borrow NCLT’s Powers [Read Order]")
GST ITC Reversal on Limitation Unsustainable After Retrospective Insertion of S.16(5) of CGST Act: Madras HC Rules in Favour of Jewellery [Read Order]
The Madras High Court has ruled that Goods and Services Tax (GST) Input Tax Credit (ITC) reversal on the ground of limitation is not sustainable after the retrospective application of the inserted...
![GST ITC Reversal on Limitation Unsustainable After Retrospective Insertion of S.16(5) of CGST Act: Madras HC Rules in Favour of Jewellery [Read Order]](https://images.taxscan.in/h-upload/2026/01/12/500x300_2118446-favour-of-jewellery-madras-high-court-taxscan.jfif "GST ITC Reversal on Limitation Unsustainable After Retrospective Insertion of S.16(5) of CGST Act: Madras HC Rules in Favour of Jewellery [Read Order]")