The Chamber of Tax Consultants – June,2022 - MMJC

June 2022 issue of CTC covers the following case:

1. In the case of Insider onus is on SEBI to prove insider trading without merely relying on a preponderance of probability – Securities and Exchange Board of India (SEBI/ Appellants) vs. R.T. AGRO PRIVATE LTD AND ORS (Respondents/Promoters), Supreme Court of India, order dated 25 April 2022
2. Whether the SMC can claim any first charge or precedence over the subject property for the purpose of recovering the arrears towards the liability of property tax incurred by the CD by virtue of Section 141 of the Gujarat Provincial Municipal Corporations Act, 1949 (GPMC Act)? – In the matter of M/s Alpesh Gems – Partnership firm (Appellant) vs. Surat Municipal Corporation (Respondent) in the order passed by the Gujrat High Court dated 18 April, 2022

For a detailed case law summary please click here