Landmark Ruling: Punjab and Haryana High Court Orders Revocation of GST Registration Suspension in Shri Balaji Agro Industries Case

In a significant ruling on March 22, 2024, the Punjab and Haryana High Court rendered a landmark decision in the case of M/S Shri Balaji Agro Industries vs. State of Punjab and Another (CWP-6160-2024), addressing the suspension of Goods and Services Tax (GST) registration.  Case Background The case revolves around the suspension of Goods and...

Read More

Bangalore Consumer Court’s Decision on Property Document Misplacement

In a significant ruling, the I Additional District Consumer Disputes Redressal Commission in Bangalore, led by President B. Narayanappa and Members Jyothi N and Sharavathi SM, found the Central Bank of India at fault for not returning the pledged property documents after a loan was repaid.  The court ordered the bank to compensate the complainants,...

Read More

Corporate Insolvency Resolution Process under IBC

Have you ever thought about what happens when a company faces financial distress in India? How does the legal framework address such situations? The Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code 2016, (IBC) plays an important role in India’s corporate landscape by offering a structured legal framework for addressing financial challenges...

Read More

Types of Bankruptcies in India

Have you ever wondered what happens if you can’t pay your debts? Both individuals and businesses facing financial difficulties in India need to understand the different types of bankruptcies and related remedies. Post-2016, with the Insolvency and Bankruptcy Code (IBC) in play, India’s approach to bankruptcy has transformed. This code outlines three primary bankruptcy types:...

Read More

Understanding Enhanced Enforcement Against Non-Resident Digital Services Providers under Indian GST Post October 2023 Amendments

The landscape of Indian GST(Goods and Services Tax) laws for digital services has undergone significant changes, particularly affecting non-resident digital services providers. This shift, primarily due to amendments effective from 1 October 2023, has placed a spotlight on “online information and database access or retrieval” (OIDAR) services. In this context, it’s crucial to understand these...

Read More

Documents Required for GST Registration for Partnership Firm

Are you setting up a partnership firm and feeling overwhelmed by the Goods and Services Tax (GST) registration process? Wondering what documents are essential for a smooth registration? Starting a partnership firm in India comes with its fair share of regulations, and GST registration is important. But where do you begin? Understanding the documents required...

Read More

Documents Required for GST Registration for Private Limited Company

Are you starting the GST registration process for your private limited company but feeling overloaded by the amount of required documents? Understanding and gathering the necessary paperwork is an important step in ensuring a seamless registration process. This guide focuses on understanding the documents required for GST registration for a private limited company. List Of...

Read More

Documents Required for GST Registration for Sole Proprietorship

Are you wondering about the GST registration process for your sole proprietorship in India? If you’re running a sole proprietorship in India, it’s key to know when and how to register for GST (Goods and Services Tax). This single tax system has made things simpler by combining various indirect taxes into a unified framework. One...

Read More

Safeguarding NRI Property in India

The property in India stands as not just a tangible asset but a symbol of heritage, lineage and familial roots. For Non-Resident Indians (NRIs) owning property in their homeland often serves as a bridge to their origins, a tangible connection to their ancestral past and a potential home should they choose to return. However, the...

Read More