Citation : 2025 Local Law (NCDRC) 7 The National Consumer Disputes Redressal Commission has partly allowed Max Life Insurance’s appeal against a 2021 order of the Gujarat State Consumer Commission in a long-running dispute over surrender value calculations for a lapsed whole-life policy. The NCDRC, presided over by Justice A.P. Sahi with Member Bharatkumar Pandya,…
Citation : 2025 Local Law (NCDRC) 6 The National Consumer Disputes Redressal Commission (NCDRC) has affirmed a finding of medical negligence against Geetanjali Medical College & Hospital, Udaipur, and its ENT specialist Dr A.K. Gupta for operating on a 16-year-old without a pre-operative CT scan, but has reduced the compensation from about ₹16.84 lakh to…
Citation : 2025 Local Law (IU) 683 The Income Tax Appellate Tribunal (ITAT) Mumbai has set aside a massive ₹4,445 crore transfer pricing adjustment imposed on Netflix Entertainment Services India LLP for the assessment year 2021–22. The Tribunal, led by Judicial Member Amit Shukla, ruled that Netflix India functions merely as a limited-risk distributor of…
The National Company Law Appellate Tribunal (NCLAT) on October 14, 2025, delivered a detailed judgment in Vantage Point Asset Management Pte. Ltd. v. Gaurav Misra (Resolution Professional of Alchemist Infra Realty Ltd.) that answers several recurring questions about how the Insolvency and Bankruptcy Code (IBC), specifically Section 32A, interacts with provisional attachments under the Prevention…
Chandigarh: The Punjab State Consumer Disputes Redressal Commission has held that overloading a commercial vehicle at the time of an accident cannot be the sole ground for an insurance company to completely deny a claim. The Commission directed United India Insurance Company Limited to settle the claim on a non-standard basis and pay seventy-five percent…