Bombay High Court rules against BCCI in the IPL media rights issue

“Due to the third wave of the COVID-19 pandemic and also other exigencies of work, there was a delay in pronouncing judgment,” said justice BP Colabawala before quashing and setting aside an arbitral award which upheld rescission of media rights by the Board of Control for Cricket in India (BCCI) to World…

SC asks GST Council to look into anomalies related to refund assessment formula

The Supreme Court (SC) has asked the Goods and Services Tax (GST) Council to take note of anomalies in the present act and look into the assessment formula for claiming refunds. While pronouncing its judgement, the SC said, “Provisions of Article 246a are available to both parliament and state. Article 246a embodies…