The Court decided to give a short further extension of the arbitrator's mandate to enable the delivery of the arbitral award, after noting that the award was ready for pronouncement.
The Court was hearing a plea seeking directions to categorise air-purifiers as 'medical device' and slash the Goods and Services Tax (GST) levied on them from 18 to 5 percent
The Court set aside a trial court order refusing disclosure of the investigation report sought by Siddharth Shankar, an accused in a criminal complaint filed by SEBI.
As per the petition filed by advocate Kapil Madan, air-purifiers cannot be treated as luxury considering the “extreme emergency crisis” caused by dire air pollution in Delhi.
His counsel argued that such quotes could seriously jeopardise his credibility as a broadcaster and cricket commentator as it pertains to current affairs.