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    Tag: Justice Atul Chandurkar

    NCLT & NCLAT Have No Jurisdiction to Examine the Legality of Property Attachment Orders Under Benami Act: Supreme Court
    NCLT & NCLAT Have No Jurisdiction to Examine the Legality of Property Attachment Orders Under Benami Act: Supreme Court
    Supreme Court

    NCLT & NCLAT Have No Jurisdiction to Examine the Legality of Property Attachment Orders Under Benami Act: Supreme Court

    The Supreme Court of India ruled that National Company Law Tribunal and National Company Law Appellate Tribunal cannot review attachment orders under the Prohibition of Benami Property Transactions Act, 1988, even if linked to Insolvency and Bankruptcy Code, 2016 proceedings, dismissing liquidators’ appeals.

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    Supreme Court Ends Jharkhand’s Extra Verification Rule: 2009 Stamp-Duty Directive for Cooperative Societies Declared Illegal
    Supreme Court Ends Jharkhand’s Extra Verification Rule: 2009 Stamp-Duty Directive for Cooperative Societies Declared Illegal
    Supreme Court

    Supreme Court Ends Jharkhand’s Extra Verification Rule: 2009 Stamp-Duty Directive for Cooperative Societies Declared Illegal

    The Supreme Court has struck down Jharkhand’s 2009 order that forced cooperative societies to undergo additional verification for stamp-duty exemptions. The Court held the rule imposed “unnecessary, excessive requirements” and violated principles of simple and transparent governance.

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