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The Delhi High Court has reiterated that private unaided schools are legally permitted to maintain surplus funds and that the mere existence of a financial surplus cannot automatically be treated as “profiteering” or commercialisation. “Mere...

The Supreme Court on Monday (May 25) took serious note of the Union Government's failure to notify the draft Commercial Courts Rules, 2021, observing that the country is facing a “huge challenge” in the effective and expeditious disposal of execu...