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The Delhi HIgh Court has held that once a trader prefers an appeal against a demand raised by the GST Department and makes the mandatory pre-deposit, the demand order is automatically stayed and the trader cannot be treated as a defaulter. A division bench of Justices Prathiba M. Singh and Rajneesh Kumar Gupta thus granted…
The Delhi High Court has made it clear that GST refund cannot be granted to a trader whose GST registration stands cancelled. In the case at hand, the Petitioner’s registration was cancelled in February 2023 with retrospective effect from July 2018. In this backdrop a division bench of Justices Prathiba M. Singh and Shail Jain…
Securities and Exchange Board of India: In the proceedings initiated by Securities and Exchange Board of India (‘SEBI’) against a Noticee under Section 15-I of the SEBI Act 1992 (‘SEBI Act’) for alleged insider trading in the scrips of Housing Development Finance Corporation Ltd. (‘HDFC Ltd.’) and HDFC Bank Ltd. during their amalgamation/merger announcement period,…
