The Delhi High Court has clarified that grandchildren cannot claim a share in their grandparents' property while their parents are alive. The ruling came in a case where a woman sought partition of her late grandfather's West Delhi property, arguing it was ancestral. Justice Purushaindra Kumar Kaurav held that under the Hindu Succession Act, 1956, property passes to Class I heir's spouse, children, and mother; not grandchildren if their parent survives. The court further ruled that property inherited from parents is an heir's absolute property, not automatically ancestral. The judgment underscores that grandchildren have no rights unless their parent is predeceased or a joint family estate is proven.Read more

The Greater Cochin Development Authority (GCDA) has proposed forming a special revenue team to manage land pooling for the upcoming Infopark Phase III campus in Kochi. Covering over 300 acres, the project recently received in-principle approval from the state's Electronics and IT Department. The team, led by a senior official, will include revenue staff, surveyors, and a legal expert to ensure a structured and transparent process. Landowners will be engaged to voluntarily pool land, which will then be reconstituted into developed plots and returned. A memorandum of understanding between GCDA and Infopark is expected soon, paving the way for phased development.Read more

The NCLT has deferred Vedanta's demerger hearing to October 8 following objections from the Ministry of Petroleum and Natural Gas over disclosure gaps, particularly relating to the RJ-ON-90/1 oil and gas block and loans secured against exploration assets. Vedanta maintains it has fulfilled all requirements and pointed to NCLAT's recent clearance of its restructuring plan for its power and metal units. Sepco's earlier dispute over a debt of INR 1,251 crore has been settled, removing one hurdle. However, investor concerns remain, reflected in a decline in Vedanta's share price.Read more

In Gurugram, the municipal authorities have identified over sixty commercial and industrial properties with property tax dues exceeding INR 1 crore each. Earlier this week, the Municipal Corporation of Gurugram (MCG) issued notices to these defaulters as part of its revenue recovery efforts. A sealing drive is expected to be enforced imminently, aiming to recover long-pending tax arrears and widen the corporation's revenue base. Meanwhile, property tax collections have remained below expectations, with MCG achieving only about 72 percent of its annual target by August despite lower projections compared to the previous fiscal year.Read more

The Madras High Court has upheld the prohibition on commercial ventures such as resorts and hotels within the Segur Plateau Elephant Corridor in the Nilgiris. It supported the findings of a Supreme Court-appointed inquiry committee, allowing landowners to pursue eco-friendly agriculture while preventing barriers that obstruct elephant movement. The court directed the state to classify adjoining revenue lands as reserved forests and to initiate the acquisition of private lands within the corridor with compensation, starting within six months, aiming to protect elephant migration paths while safeguarding property rights.Read more

The Income Tax Department's Mumbai investigation wing has launched survey operations at Marico's offices, factories, and dealer premises over allegations of tax evasion. Officials are reviewing financial documents, overseas transactions, and questioning senior employees. Staff devices have also been seized for examination. Marico, which reported a turnover of USD 1.3 billion in the 2024-25 fiscal year from India and international markets, has not released a public response. Market reports showed Marico's shares falling by over 1 per cent intraday after news of the tax survey emerged.Read more

The Yamuna Expressway Industrial Development Authority (YEIDA) has begun resolving long-pending land disputes that have stalled registrations for more than 800 industrial and institutional plots. Many of the delays date back to 2013, with road construction halted at nearly 590 points due to withheld or disputed land. Officials report over 150 disputes already settled, with more nearing resolution. Plot registration and possession will only proceed once road networks are completed, though no deadline has been fixed. YEIDA has also set a target to operationalise over 100 industries by year-end; currently, only 15 are active while more than 400 remain under construction.Read more

The Delhi High Court has upheld the Municipal Corporation of Delhi's (MCD) decision to levy higher property taxes on hotels rated three-star and above. The court rejected arguments from hotel associations claiming the star-rating system lacked statutory backing. It noted that luxury hotels voluntarily seek star accreditation and benefit from a premium market position. The ruling reinforces the principle that property taxes should reflect the economic capacity of owners and validates the MCD's approach to equitably distributing fiscal responsibility across hotel categories.Read more

Indiabulls Asset Management Company, now operating as Groww AMC, has resolved a long-standing regulatory case with the Securities and Exchange Board of India (SEBI) by paying INR 1.43 crore. The case relates to alleged violations of Alternative Investment Fund (AIF) regulations dating back to 2017, including pledging scheme assets for loans, not adhering to investment concentration limits, and misrepresenting financial information. The settlement was reached without admitting or denying the findings, allowing the company and its schemes to move past regulatory scrutiny while complying with SEBI's requirements.Read more

The National Green Tribunal (NGT) has ordered the Maharashtra Maritime Board (MMB) to dismantle the promenade built along Aksa beach in Malad West, citing violation of coastal regulation zone (CRZ) norms. The structure, built in 2023 at a cost of INR 11.83 crore, was constructed despite earlier rejections and conditional approvals by the Maharashtra Coastal Zone Management Authority (MCZMA). Activists flagged that the walkway was obstructing tidal flows and natural sediment deposits, causing erosion and damage to the beach.Read more