Competition Commission of India closed bid rigging allegations in solar tender involving Adani Group entities. Bench led by Ravneet Kaur found no prima facie violation, ending proceedings under Competition Act.
The Supreme Court held amalgamated companies cannot claim set off of predecessor losses under Kerala Agricultural Income Tax Act without explicit provision. Dismissing Aspinwall appeals, it ruled such benefits require statutory backing and proper notice during amalgamation proceedings.
The Supreme Court of India held that State governments may withdraw tax exemptions in public interest, observing such fiscal benefits are concessions that can be modified or rescinded when required for broader public welfare considerations.
The Delhi High Court granted partial relief to Huawei Telecommunications (India) by quashing reassessment notice and special audit for 2013–14, while upholding reassessment and audit directions for the 2015–16 assessment year.
The Enforcement Directorate attached assets worth over Rs 3,000 crore linked to Anil Ambani under PMLA, including Mumbai properties, as part of a money laundering probe involving multiple Reliance Group entities.
A Belagavi commercial court refused to grant an injunction to a Karnataka firm in its trademark dispute against US AI company Anthropic over the “ANTHROPIC” mark, holding that media reports and website announcements were insufficient grounds to prove passing off or infringement.
Kerala High Court says most company law cases are actually family disputes masked as corporate issues. Court suggests mediation as a better solution in such matters.
The Supreme Court of India criticized the poor drafting of arbitration clauses in commercial agreements, noting that they complicate and delay dispute resolution instead of facilitating it. The Court urged a stricter approach to dismiss poorly written clauses, emphasizing the need for clarity to restore arbitration’s intended purpose of quick and effective dispute resolution.
