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.
KhaitanCo has advised Just Climate on its new USD 67.5 million investment into Continuum Green Energy, reinforcing its growing commitment to India’s renewable sector. This follows Just Climate’s previous investment of USD 150 million in the company in September 2024, reinforcing its long-term commitment to supporting clean energy growth in India.
The Union government told the Delhi High Court that appointment of a regular NCLT President remains pending since December 2025. The Centre stated it awaits recommendation from the Chief Justice of India under Companies Act provisions.
Touchstone Partners has announced the promotion of six Senior Associates to the position of Counsel, reflecting the firm’s commitment to nurturing talent. The elevations span the firm’s offices, recognizing their expertise, performance, and contributions to legal practice.
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.
A consortium led by State Bank of India moved the Supreme Court of India seeking release of Rs 5,100 crore in Sterling Biotech dues, as the bench sought responses and listed the matter for hearing on March 23.
Kaushalendra Kumar Singh moved the Delhi High Court challenging appointment of Bachu Venkat Balaram Das as Acting NCLT President, with the court seeking responses from the Centre and Das on the plea.
The National Company Law Appellate Tribunal, Chennai, ruled that any person aggrieved by an order of the National Company Law Tribunal may obtain its certified copy to file an appeal, even if they were not a party to the original proceedings.
The Supreme Court of India agreed to examine whether foreign employees working in India must contribute to the Employees’ Provident Fund Scheme, 1952, while issuing notice to the Centre in a plea by LG Electronics challenging EPF rules for international workers.
The Supreme Court of India dismissed appeals by minority shareholders of Bharti Telecom Limited challenging its share capital reduction. Justices Sanjay Kumar and K. Vinod Chandran held share valuation is an expert matter under the Companies Act, 2013.
