Companies (Incorporation) Am.....Tags : Company, incorporation, reservation of name
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Special knowledge or practical experience useful to banking companies(24.11.2016)
In exercise of the powers conferred by Section 10A(2)(a)(ix) of the Banking Regulation Act, 1949, Section 19A(1)(a)(viii) of State Bank of India Act, .....
Tags : Special knowledge, Utility, Companies
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Exemption from the provisions of sections 387 to 392 Companies Act, 2013 to the specified companies(05.08.2021)
In exercise of the powers conferred by section 393A of the Companies Act, 2013 (18 of 2013), the Central Government hereby exempts, from the provision.....
Tags : Exemption, Provisions, Specified companies
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Ministry of Agriculture and Farmers welfare signs 5 MOUs with private companies for taking forward digital agriculture(14.09.2021)
Modernisation of the Agriculture sector will continue by infusing new technologies so that farmers can increase their income. Agriculture Minister Nar.....
Tags : Agriculture, MOU, Private Companies
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#Major Changes Implementing From Today: Buying Television Sets Becomes Expensive(01.10.2020)
Open cell panels will attract 5% import duty from 1st October, 2020 with the Government saying that the one-year duty exemption expiring at the end of.....
Tags : Television Sets, Open Cell Panels, Import Duty
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SC: Fact That Kirpan Can be Used as Weapon Does Not Ipso Facto Make it Weapon of Offence(09.08.2021)
Supreme Court has acquitted an accused of murder charge, observing that the fact that kirpan carried by members of a specific community as part of rel.....
Tags : Supreme Court, Kirpan
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P&H High Court: Revisit Policy on Reserving Posts on Rotation Basis(18.04.2016)
P&H High Court, in a move to bring a significant development that may change the way gram panchayats elections are held in Haryana, has asked an Addit.....
Tags : P&H High Court, gram panchayats elections
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Allahabad HC Cancels Order Sacking Magsaysay Awardee from IIT-BHU(25.04.2016)
Allahabad HC has turned down an order terminating contract of Magsaysay awardee Sandee Pandey as a visiting faculty member by IIT-Banaras Hindu Univer.....
Tags : Allahabad HC, Sandee Pandey
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Supreme Court Removes Anurag Thakur From Post of BCCI Chief(02.01.2017)
Supreme Court has removed Anurag Thakur from post of BCCI President for not complying with orders of the Apex Court with regards to implementation of .....
Tags : Supreme Court, BCCI , Lodha panel, Anurag Thakur, BCCI President
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Supreme Court Clarifies Disqualification Criteria For BCCI Officials(04.01.2017)
Supreme Court has made it clear that a person shall be disqualified from being an office bearer of BCCI if he or she has been in cash-rich cricket boa.....
Tags : Supreme Court, BCCI, Lodha Panel
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National Company Law Appellate Tribunal (Salaries, Allowances and other Terms and Conditions of Service of Chairperson and other Members) Rules, 2015(19.08.2015)
The Central government issued the Rules, 2015, enumerating the benefits available to the Chairperson of the National Company Law Appellate Tribunal u.....
Tags : chairperson, company law appellate tribunal, benefits
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National Company Law Tribunal (Salary, Allowances and other Terms and Conditions of Service of President and other Members) Rules, 2015(19.08.2015)
The Central government issued the Rules, 2015, enumerating the benefits available to the President of the National Company Law Tribunal under the Comp.....
Tags : President, company law tribunal, benefits
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New application process to fast track the allotment of PAN and TAN(22.07.2016)
For fast tracking the allotment of PAN and TAN to company applicants, Digital Signature Certificate(DSC) based application procedure has been introduc.....
Tags : Fast track, Allotment, PAN, TAN, Application process
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RBI imposes monetary penalty on Amrit Malwa Capital Limited, Jalandhar, Punjab(28.09.2021)
The Reserve Bank of India (RBI) has, by an order dated September 28, 2021, imposed a monetary penalty of Rs.10 lakh (Rupees Ten Lakh only) on Amrit Ma.....
Tags : Penalty, Imposition, Company
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SC: Court Cannot Direct Continued Maintenance by Insurance Company of Prosthetic Limb(18.08.2021)
Supreme Court has observed that while determining compensation under the Motor Vehicle Act, 1988, a Court cannot direct the continued maintenance by I.....
Tags : Supreme Court, Continued Maintenance by Insurance Company of Prosthetic Limb
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Kerala High Court Permits Minor Girl to Accompany Her Father to Sabarimala Temple(18.08.2021)
Kerala High Court has passed an interim order permitting a 9-yr-old girl to accompany her father to the Sabarimala temple for darshan. The Court has c.....
Tags : Kerala High Court, Minor Girl to Accompany Her Father to Sabarimala Temple
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Central Information Commission: ED can Withhold Names of Tax Evaders in Panama Papers(10.10.2019)
Central Information Commission has ruled that the names of alleged tax evaders appearing in the Panama Papers leak can be withheld by the Enforcement .....
Tags : Central Information Commission, Panama Papers
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Calcutta HC Declares Bengal Pandals No-Entry Zones for Visitors(19.10.2020)
Calcutta High Court has ordered that Durga Puja celebrations will be regulated in West Bengal in view of the Covid-19 pandemic. The Court has further .....
Tags : Calcutta High Court, Durga Puja Pandals
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Calcutta HC Modifies Order on Entry Restrictions in Durga Puja Pandals(22.10.2020)
Calcutta High Court has modified its order making Durga Puja pandals as no-entry zones to allow Dhakis, traditional drummers who play Dhak, in the no-.....
Tags : Calcutta High Court, Entry Restrictions in Durga Puja Pandals
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MP HC Stresses Need for Orientation Program for Fresher-Panel Lawyers(23.10.2020)
Madhya Pradesh High Court has stressed on the need to provide Panel Lawyers, who are freshers and are representing the State for the first time, prope.....
Tags : Madhya Pradesh High Court, Orientation Program for Fresher-Panel Lawyers
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Commerce Minister Holds Meeting With E-Commerce And Tech Companies(18.06.2019)
Union Minister of Commerce and Industry & Railways, Piyush Goyal, held an extensive consultation with tech industry and e-Commerce companies in New De.....
Tags : Meeting, E-Commerce, Tech Companies
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RBI releases proposed changes in regulations applicable to Housing Finance Companies for public comments(17.06.2020)
Post transfer of regulation of HFCs from National Housing Bank (NHB) to Reserve Bank with effect from 9th August , 2019, a Press Release dated August .....
Tags : Changes, Regulations, Housing Finance Companies for
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Relaxations for Listed Companies having stressed assets(23.06.2020)
SEBI has decided to relax the pricing methodology for preferential issues by listed companies having stressed assets and exempt allottees of preferent.....
Tags : Relaxations, Listed Companies, Stressed assets
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Nidhi (Amendment) Rules, 2022(19.04.2022)
In exercise of the powers conferred by sub-section (1) of section 406 read with sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18.....
Tags : Amendment, Nidhi Companies
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UIAI to become functional soon(12.07.2016)
Marking the ever nearer constitution of the Unique Identification Authority of India, the Central government introduced the Unique Identification Auth.....
Tags : Uiai, adhaar, selection, panel
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Companies (Share Capital and Debentures) Third Amendment Rules, 2016(19.07.2016)
The government introduced the Companies (Share Capital and Debentures) Third Amendment Rules 2016, amending the extant 2014 rules.
Among th.....
Tags : company, share capital, rules, amendment, 2016
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ADB, India sign $350 million loan to expand metro rail network in Chennai(03.01.2023)
The Asian Development Bank (ADB) and the Government of India today signed a $350 million loan to build new lines and improve the connectivity of the m.....
Tags : Loan, Expansion, Metro
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NCLT Allows Initiation of Personal Insolvency Against Venugopal Dhoot(02.09.2021)
National Company Law Tribunal (NCLT), Mumbai has admitted a personal insolvency petition against Videocon promoter Venugopal Dhoot just a day after th.....
Tags : National Company Law Tribunal, Venugopal Dhoot
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Bombay HC Vacates Stay Granted to Sooraj Pancholi(03.05.2016)
Bombay HC has vacated stay granted earlier on trial against actor Sooraj Pancholi in the Jiah Khan suicide case.
Tags : Bombay HC , Sooraj Pancholi
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President Gives Assent to Companies (Amendment) Act, 2017(04.01.2018)
President of India has given assent to Companies (Amendment) Act, 2017 which seeks to strengthen corporate governance standards, initiate strict actio.....
Tags : Companies (Amendment) Act, 2017
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Govt. Notifies Companies (Amendment) Act, 2017(05.01.2018)
Central Government has notified Companies (Amendment) Act, 2017 which aims at strengthening corporate governance standards by providing for strict act.....
Tags : Companies Amendment Act
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NCLAT Sets Aside Plea to Initiate Insolvency Proceedings Against Intex Technologies(30.10.2019)
National Company Law Appellate Tribunal (NCLAT) has dismissed a plea to initiate insolvency proceedings against smartphone and mobile accessories make.....
Tags : National Company Law Appellate Tribunal, Intex Technologies India Ltd.
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Supreme Court Mulls Setting Up Expert Panel to Study Effect of Mining Near Eco-Sensitive Zones(05.11.2020)
Supreme Court has observed that it was thinking of setting up an expert committee to assess the effect of mining in the coal blocks near eco-sensitive.....
Tags : Supreme Court, Expert Panel to Study Effect of Mining Near Eco-Sensitive Zones
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Karnataka HC Directs SEC to Announce Schedule of Panchayat Elections(17.11.2020)
Karnataka High Court has directed the State Election Commission (SEC) to finalise the schedule of conducting elections to Grama Panchayats in the stat.....
Tags : Karnataka High Court, Schedule of Panchayat Elections
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Report on measures for improved monitoring of CSR released(01.01.1900)
A High Level Panel constituted by the Ministry of Corporate Affairs has released a report suggesting measures for monitoring the progress of implement.....
Tags : Company, corporate social responsibility, report, high level
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Report on measures for improved monitoring of CSR released(19.10.2015)
A High Level Panel constituted by the Ministry of Corporate Affairs has released a report suggesting measures for monitoring the progress of implement.....
Tags : Company, corporate social responsibility, report, high level
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Transfer of rights in specified land in the mentioned Government company(19.06.2023)
WHEREAS, on the publication of the notification of the Government of India in the Ministry of Coal, number S.O. 1705(E), dated the 12th April, 2023, p.....
Tags : Specified land, Rights, Government company
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J&K HC: All Hindus Living in Kashmir Valley Cannot Claim Benefits Meant for Kashmiri Pandits(16.09.2021)
Jammu and Kashmir High Court has held that all Hindus residing in the Valley cannot be said to be a Kashmiri Pandit, thereby allowing them to avail th.....
Tags : Jammu and Kashmir High Court, Benefits Meant for Kashmiri Pandits
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Panchayat Members Can't Insist Upon Encroaching on Govt Land : Bombay HC(21.12.2017)
Bombay High Court has held that no member of a village panchayat can insist upon encroaching on government land and have immunity from disqualificatio.....
Tags : Bombay High Court, Panchayat Act
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Bombay High Court Restrains SEBI from Auctioning Pancard Clubs' Properties(11.01.2019)
Bombay High Court, in an interim order, has restrained the Securities and Exchange Board of India (SEBI) from auctioning off private properties of Pan.....
Tags : Bombay High Court, SEBI, Pancard Clubs' Properties
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Top Court Affirms Conviction in 2003 Haren Pandya Murder Case(21.11.2019)
Top Court has affirmed conviction of 10 men in the March 2003 murder of former Gujarat Home Minister Haren Pandya. The Court has dismissed the review .....
Tags : Top Court, Haren Pandya
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NCLAT Turns Down Reference Seeking Re-Consideration of Decision in V. Padamakumar Case(23.12.2020)
National Company Law Appellate Tribunal has turned down a reference made by a three-member Bench, seeking re-consideration of the decision in V. Padam.....
Tags : National Company Law Appellate Tribunal, V. Padamakumar v. Stressed Assets Stabilization Fund (SASF) & Anr.
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SC Dismisses Plea Against Consecutive Reservation of Panchayat President Posts in Kerala(24.12.2020)
Supreme Court has dismissed a plea which challenged the reservation notification issued by the State Election Commission for local body heads on the g.....
Tags : Supreme Court, Reservation of Panchayat President Posts
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Appointment of Internal Ombudsman by the Credit Information Companies(06.10.2022)
1. Please refer to paragraph 2 of the Statement on Developmental and Regulatory Policies dated August 5, 2022, wherein the decision to bring Credit In.....
Tags : Appointment, Internal Ombudsman, Companies
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Information regarding fraud in the name of TRAI(15.11.2023)
1. It has been brought to the notice of Telecom Regulatory Authority of India that some companies / agencies / individuals are fraudulently asking pub.....
Tags : Information, Fraud, Companies
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Greater vigilance for multiple directorships and common addresses of companies(03.11.2015)
The Special Investigation Team has sought permission from the Ministry of Corporate Affairs to take action against violations of the Companies Act, 19.....
Tags : Company, address, operating, directorship
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Partial modification of Circular No. 3 of 2023 dated 28.03.2023 regarding consequences of PAN becoming inoperative as per rule 114AAA of the Income-tax Rules, 1962(23.04.2024)
Circular No. 3 of 2023 dated 28.03.2023 issued by the Board details the consequences of PAN becoming inoperative as under:
"Consequent to the.....
Tags : Partial modification, Circular, PAN
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SC Directs to Come Up with Scheme for Establishing Pan-India Community Kitchens(28.10.2021)
Supreme Court has directed the Central Government to come up with a scheme for establishing pan-India community kitchens, after interacting with the s.....
Tags : Supreme Court, Pan-India Community Kitchens
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Job Experience as Assistant Company Secretary can't be Treated as That of Company Secretary: SC(07.02.2019)
Supreme Court has observed that Job Experience as Assistant Company Secretary or a Management Trainee cannot be treated 'as' that of a Company Secreta.....
Tags : Supreme Court, Company Secretary'
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Delhi HC Upholds Validity of Rule 3(2) Of Companies (Registered Valuers & Valuation) Rules(12.02.2019)
Delhi High Court has upheld validity of Rule 3(2) of the Companies (Registered Valuers and Valuation) Rules, according to which no partnership entity .....
Tags : Delhi High Court, Companies (Registered Valuers & Valuation) Rules
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SC: Insurance Company Cannot Raise Delay as Basis for Repudiation First Time Before Consumer Forum(24.12.2019)
Supreme Court has observed that an Insurance Company cannot raise delay as a ground for repudiation for the first time before Consumer Forum if it has.....
Tags : SC, Insurance Company
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RBI Directs Banks to Cap Stake in Insurance Companies at 30%(27.12.2019)
Reserve Bank of India has directed lenders to cut their stakes in insurers to 30%, as the banking regulator attempts to shield banks from risks arisin.....
Tags : RBI, Insurance Companies
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NCLT, Kochi Allows Reduction of Paid Up Share Capital Structure of Josco Jewellers Pvt. Ltd.(12.01.2021)
National Company Law Tribunal, Kochi has allowed a company petition filed by Josco Jewellers Pvt. Ltd. for reduction of its share capital from Rs. 120.....
Tags : National Company Law Tribunal, Josco Jewellers Pvt. Ltd.
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RBI Working Paper No. 4/2018: Economic Activity and its Determinants: A Panel Analysis of Indian States(26.07.2018)
The Reserve Bank of India today placed on its website today a Working Paper titled "Economic Activity and its Determinants: A Panel Analysis of Indian.....
Tags : Economic Activity, Determinants, Panel Analysis
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EPFO expands 'Ease of Living by reducing service delivery time for claim settlement(13.05.2024)
For enhancing ease of living for its crores of members, EPFO has now introduced auto-mode settlement of advance claims for the purpose of education & .....
Tags : EPFO, Expansion,Claim settlement
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NCLAT: Goods Lying in Customs Bonded Warehouses Can’t be Assets of Corporate Debtor(06.12.2021)
National Company Law Appellate Tribunal (NCLAT), New Delhi has held that goods lying in the Customs bonded warehouses cannot be considered assets of t.....
Tags : National Company Law Appellate Tribunal, Goods Lying in Customs Bonded Warehouses
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Calcutta HC Seeks Response in Plea Challenging Expansion of BSF Jurisdiction in West Bengal(15.12.2021)
Calcutta High Court has sought response from the Central government in a Public Interest Litigation (PIL) petition challenging the Central government'.....
Tags : Calcutta High Court, Expansion of BSF Jurisdiction
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Supreme Court Issues Notice on Petition Alleging Discrepancies in NEET-PG 2021 Scores(20.12.2021)
Supreme Court has issued notice on a petition alleging serious instances of discrepancies in the scores for NEET-PG 2021 and to further bring to the n.....
Tags : Supreme Court, Discrepancies in NEET-PG 2021 Scores
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MP HC Dismisses Plea Seeking to Take Effective Measures to Rule Out Discrepancies in EVMs(22.12.2021)
Madhya Pradesh High Court has dismissed a plea seeking a direction to the Election Commission of India (ECI) to take effective measures to rule out th.....
Tags : Madhya Pradesh High Court, Discrepancies in EVMs
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NCLT Directs Indiabulls Real Estate to Discuss Embassy Merger with Shareholders(27.12.2021)
National Company Law Tribunal (NCLT) has directed realty developer Indiabulls Real Estate to convene a meeting of its shareholders to discuss and seek.....
Tags : National Company Law Tribunal, Merger of Indiabulls with Embassy Group
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Karnataka High Court Stays Retrospective Payment of Tax on Annuity to Infra Companies(27.12.2021)
Karnataka High Court has stayed proceedings initiated by the goods and services tax (GST) authorities seeking retrospective payment of tax on annuity .....
Tags : Karnataka High Court, Retrospective Payment of Tax on Annuity to Infra Companies
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SEBI cautions investors against investing in unlisted companies(16.03.2016)
The Securities and Exchange Board of India cautioned against unlisted companies luring retail investors by issuing securities without complying with c.....
Tags : Sebi, unlisted company, investment
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Pan Masala Packing Machines (Capacity Determination And Collection of Duty) Amendment Rules, 2016(01.03.2016)
The Central Board of Excise and Customs notified Pan Masala Packing Machines (Capacity Determination And Collection of Duty) Amendment Rules, 2016 ame.....
Tags : pan masala, duties, packing machines
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Panic Button becomes available to women with launch of ERSS and pan-India Emergency number 112(19.02.2019)
Investigation Tracking System for Sexual Offences (ITSSO) and Safe City Implementation Monitoring Portal also launched Rs. 78.86 crores announced to s.....
Tags : Panic Button, Availability, Women
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TRAI conducted an Open House Discussion (OHD) on Consultation Paper on "Empanelment of Auditors for Digital Addressable Systems"(18.04.2018)
The Telecom Regulatory Authority of India (TRAI) convened an Open House Discussion (OHD) on Consultation Paper on "Empanelment of Auditors for Digital.....
Tags : Discussion, Empanelment, Auditors
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NCLT, Mumbai Orders to Restore E-way Bill Facility for Taxpayers Undergoing Insolvency Proceedings(26.02.2020)
National Company Law Tribunal (NCLT), Mumbai has ordered to restore the e-way bill facility for taxpayers undergoing insolvency proceedings.
Tags : National Company Law Tribunal, E-way Bill Facility for Taxpayers Undergoing Insolvency Proceedings
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National Company Law Tribunal, Chandigarh Approves HUL-GSK Merger(27.02.2020)
National Company Law Tribunal, Chandigarh has approved the merger of GlaxoSmithKline (GSK) Consumer with Hindustan Unilever (HUL).
Tags : National Company Law Tribunal, HUL-GSK Merger
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National Company Law Appellate Tribunal Sets Aside Flipkart’s Insolvency Proceedings(28.02.2020)
National Company Law Appellate Tribunal has set aside the order of the National Company Law Tribunal to initiate insolvency proceedings against Flipka.....
Tags : National Company Law Appellate Tribunal, Flipkart’s Insolvency Proceedings
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NCLAT Hauls Unitech Ltd for Defaulting Payment to Deposit Holders(28.02.2020)
National Company Law Appellate Tribunal has directed Unitech Limited to repay the amount(s) to its deposit holder’s penedente lite along with future i.....
Tags : National Company Law Appellate Tribunal, Unitech Ltd
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Kerala High Court Stays Granting of Njanappana Award to Poet Prabhavarma(02.03.2020)
Kerala High Court has stayed the granting of Njanappana award to poet Prabha Varma, the author of Syama Madhavam.
Tags : Kerala High Court, Njanappana Award
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SC Issues notice on Plea Challenging Govt Notification on Road Expansions(10.03.2021)
Supreme Court has issued notice in Advocate Prashant Bhushan's plea challenging government notification that states that road expansion projects less .....
Tags : Supreme Court, Road Expansion
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NCLT Benches to Function Through Virtual Mode from January 3 to January 31(03.01.2022)
National Company Law Tribunal (NCLT) has decided to revert to Virtual Mode of hearing from January 3, 2022, to January 31, 2022, taking note of the pr.....
Tags : National Company Law Tribunal, Virtual Mode of Functioning
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Relaxation of additional fees and extension of last date in filing of forms MGT-7 (Annual Return) and AOC-4 (Financial Statement) under the Companies Act, 2013-UT of J&K and UT of Ladakh(31.01.2020)
Sir
In continuation to General Circular No. 15/2019 dated 28-11-2019 and keeping in view of the requests received from various stakeholders.....
Tags : Annual Return, Companies Act, 2013
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Advisory to citizens regarding use of caution against Ed-tech Companies(23.12.2021)
Given the pervasive impact of technology in education, many ed-tech companies have started offering courses, tutorials, coaching for competitive exams.....
Tags : Advisory, Citizens, Ed-tech Companies
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Exemption of a Banking Company from the application of the provisions of Sections 5 and 6 of the Competition Act, 2002(11.03.2020)
In exercise of the powers conferred by clause (a) of section 54 of the Competition Act, 2002 (12 of 2003), the Central Government hereby exempts a Ban.....
Tags : Exemption, Banking Company, Application, Provisions
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Linking of PAN with Aadhaar to be done by March 31, 2023(08.03.2023)
The provisions of Income-tax Act, 1961, make it mandatory for every person who has been allotted a Permanent Account Number (PAN) to intimate his/her .....
Tags : Linking, PAN, Aadhaar
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Companies (Removal of Names of Companies from the Register of Companies) Second Amendment Rules, 2023(10.05.2023)
In exercise of the powers conferred by sub-sections (1), (2) and (4) of section 248 read with section 469 of the Companies Act, 2013 (18 of 2013), the.....
Tags : Removal, Names, Companies, Amendment Rules
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Draft to determine company’s ‘Place of Effective Management’(23.12.2015)
The Ministry of Finance has released draft guidelines proposing principles to determine the ‘place of effective management’ of a company, for the purp.....
Tags : Income tax, company, effect management, draft, principles
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Karnataka HC Directs Penal Action Against Participants of Public Rally for Not Wearing Facemasks(25.03.2021)
Karnataka High Court has directed the State Government to ensure that penal and other actions are initiated in accordance with law against those perso.....
Tags : Karnataka High Court, Participants of Public Rally
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NCLT, Kochi: Only Debts Under ‘Operational Debt’ Can File Application u/s 9 of IBC(26.03.2021)
National Company Law Tribunal (NCLT), Kochi has ruled that only debts covered under the definition of ‘Operational Debt’ can file an application under.....
Tags : National Company Law Tribunal, Application u/s 9 of IBC
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Central Government Extends Aadhaar-PAN Linking Deadline Till June 30th(01.04.2021)
Central Government has extended the last date for linking of Aadhaar number with PAN from March, 31 2021 to June, 30 2021.
Tags : Central Government, PAN
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Central Government Extends Aadhaar-PAN Linking Deadline Till June 30(02.04.2021)
Central Government has extended the last date for linking of Aadhaar number with PAN has from March, 31 2021 to June, 30 2021, keeping in mind the dif.....
Tags : Central Government, Aadhaar-PAN Linking Deadline
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NCLAT: Ola Has Not Abused Its Dominant Position, Not Used Predatory Pricing(18.01.2022)
National Company Law Appellate Tribunal has refused to set aside the order passed by the Competition Commission of India in 2017 and held that Ola has.....
Tags : National Company Law Appellate Tribunal, Ola, Predatory Pricing
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Supreme Court Grants Protection from Arrest to Poonam Pandey in Porn Films Racket Case(19.01.2022)
Supreme Court has granted protection from arrest to actress Poonam Pandey in porn films racket case in the SLP assailing Bombay High Court's judgement.....
Tags : Supreme Court, Poonam Pandey, Porn Films Racket Case
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Cases pertaining to 'Panama Papers': Investigation in full swing(06.11.2017)
Pursuant to revelations made by the International Consortium of Investigative Journalists (ICIJ), a Washington based organization in April 2016 about .....
Tags : Panama Papers, Investigation
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Notification regarding specified bank to mean a banking company which is a scheduled bank and has been appointed as an agent under Section 45 of Reserve Bank of India Act, 1934(02.09.2021)
In exercise of the powers conferred by clause (a) of Explanation to section 194P of the Income-tax Act, 1961 (43 of 1961), the Central Government here.....
Tags : Specified bank, Banking company, Notification
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SC: No Statutory Appeal Against Order u/s 14B of Maharashtra Village Panchayats Act(06.01.2022)
Supreme Court has held that no statutory appeal lies against an order passed under Section 14B(1) of the Maharashtra Village Panchayats Act, 1959, ref.....
Tags : Supreme Court, Appeal Against Order u/s 14B of Maharashtra Village Panchayats Act
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NCLT, Hyderabad Initiates Corporate Insolvency Resolution Process Against Tata Projects Ltd(06.01.2022)
National Company Law Tribunal, Hyderabad has initiated Corporate Insolvency Resolution Process against Tata Projects Limited for its failure to pay ba.....
Tags : National Company Law Tribunal, Corporate Insolvency Resolution Process, Tata Projects Ltd
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NCLAT: Stage for Considering Default in Order at Time When Matter Taken Up u/s 100 IBC(07.01.2022)
National Company Law Appellate Tribunal has held that when an application is filed under Section 95 of the Insolvency and Bankruptcy Code, 2016, the A.....
Tags : National Company Law Appellate Tribunal, Stage for Considering Default in Order
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NCLAT Refuses to Grant Interim Relief to Amazon Against CCI Order Suspending Deal(14.01.2022)
National Company Law Appellate Tribunal has refused to grant interim relief to Amazon against its plea challenging the order of the Competition Commis.....
Tags : National Company Law Appellate Tribunal, Amazon
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NCLAT: Successful Bidder Cannot be Permitted to Wriggle Out of Bid Claiming Conditional Offer(17.01.2022)
National Company Law Appellate Tribunal has held that a Successful Bidder cannot wriggle out of the contractual obligations and withdraw the bid after.....
Tags : National Company Law Appellate Tribunal, Successful Bidder
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NCLAT: Asset Can be Kept Out of Liquidation Estate if Asset is Sub-Judice Before High Court(24.01.2022)
National Company Law Appellate Tribunal has held that an asset can be kept out of liquidation estate if the said asset is sub-judice before the High C.....
Tags : National Company Law Appellate Tribunal, Asset, Liquidation
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NCLAT: Approval of Committee of Creditors Not Mandatory When Seeking Exclusion of Time(24.01.2022)
National Company Law Appellate Tribunal has held that the approval of the Committee of Creditors is not mandatory when seeking exclusion of time in vi.....
Tags : National Company Law Appellate Tribunal, Exclusion of Time
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NCLT, Delhi: Advanced Deposit Towards Licence Fee Considered as Operational Debt(25.01.2022)
National Company Law Tribunal, Delhi has held that advanced deposit towards license fee would be considered as an Operational Debt and issuance of not.....
Tags : National Company Law Tribunal, Advanced Deposit Towards Licence Fee
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NCLT Allows to Replace BoI in NCLT Proceedings Against National Steel & Agro Industries Limited(27.01.2022)
National Company Law Tribunal (NCLT) has allowed an interlocutory application by JM Financial ARC Limited, a third party, to substitute Bank of India .....
Tags : National Company Law Tribunal, National Steel & Agro Industries Limited
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NCLT Kochi Allows Initiation of Insolvency Resolution Process Against Personal Guarantor(27.01.2022)
National Company Law Tribunal, Kochi has allowed initiation of Insolvency Resolution Process (IRP) against the Personal Guarantor, Mr. Shahdulla M.I. .....
Tags : National Company Law Tribunal, Insolvency Resolution Process Against Personal Guarantor
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NCLT Kochi Allows Initiation of Insolvency Resolution Process Against Personal Guarantor(27.01.2022)
National Company Law Tribunal, Kochi has allowed initiation of Insolvency Resolution Process (IRP) against the Personal Guarantor, Mr. Shahdulla M.I. .....
Tags : National Company Law Tribunal, Insolvency Resolution Process Against Personal Guarantor
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Expansion of Automatic Leo Facility in ECCS(02.08.2023)
1. The undersigned is directed to draw attention to Circular 41/2020-Customs through which the facility of Automatic Let Export Order (auto LEO) was e.....
Tags : Expansion of Automatic Leo, ECCS
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Pakistan SC Orders JIT Probe Against PM Nawaz Sharif in Panama Leaks Case(21.04.2017)
Pakistan Supreme Court has constituted a Joint Investigation Team (JIT) to conduct further investigation into corruption allegations levelled by oppos.....
Tags : Pakistan Supreme Court, Panama Leaks
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NCLT Dismisses Mistry's Plea Alleging Mismanagement, Minority Oppression at Tata Sons(24.04.2017)
National Company Law Tribunal, while dismissing Cyrus Mistry petition that alleged mismanagement and minority shareholder oppression at Tata Sons, has.....
Tags : National Company Law Tribunal, Mismanagement, Minority Oppression, TATA
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NCLT Rebukes SBI for "Lackadaisical Approach"(29.06.2018)
National Company Law Tribunal’s Mumbai chapter has rebuked State Bank of India for its “lackadaisical approach” in sanctioning a Rs 334 crore loan to .....
Tags : National Company Law Tribunal, SBI
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NCLAT Declines to Stay ElectroSteel Steels' Delisting(29.06.2018)
National Company Law Appellate Tribunal (NCLAT) has refused to stay the delisting process of debt-ridden firm ElectroSteel Steel under the resolution .....
Tags : National Company Law Tribunal, ElectroSteel
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CBDT Extends Aadhaar-PAN Linking Deadline To 31 March, 2019(02.07.2018)
Central Board of Direct Taxes (CBDT) has extended deadline for linking Aadhaar with Permanent Account Number (PAN) till 31 March, 2019.
Tags : CBDT, Aadhaar, PAN
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Allahabad High Court Refuses to Postpone UP Panchayat Elections Due to Covid Surge(08.04.2021)
Allahabad High Court has refused to postpone the Uttar Pradesh Panchayat Election, scheduled to be held from 15th April, 2021, in light of the recent .....
Tags : Allahabad High Court, UP Panchayat Elections
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Karnataka HC Quashes Proceedings Against Bengaluru Police Commissioner Kamal Pant(08.02.2022)
Karnataka High Court has quashed the proceedings initiated against Bengaluru Police Commissioner Kamal Pant and two other police officers, for alleged.....
Tags : Karnataka High Court, Bengaluru Police Commissioner Kamal Pant
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NCLAT Sets Aside CAIT’s Plea Against Flipkart-Walmart Deal(13.03.2020)
National Company Law Appellate Tribunal has dismissed a Petition filed by Confederation of All India Traders (CAIT) against the Competition Commission.....
Tags : National Company Law Appellate Tribunal, Flipkart-Walmart Deal
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NCLAT: Limitation Period Applicable to Application Filed by Financial Creditor(16.03.2020)
National Company Law Appellate Tribunal has reversed the order of the National Company Law Tribunal, Ahemdabad holding that the order of admission of .....
Tags : National Company Law Appellate Tribunal, Limitation on Application by Financial Creditor
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Allahabad HC Quashes Order Reserving Seats for Polls Taking 1995 as Base Year(16.03.2021)
Allahabad High Court has quashed an order issued by the Uttar Pradesh government dealing with the reservation of seats for various categories of candi.....
Tags : Allahabad High Court, Uttar Pradesh Panchayat Polls
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NCLAT: Superseded Director Not Entitled to Notice of CoC Meeting(31.01.2022)
National Company Law Appellate Tribunal has held that there exists a difference between supersession of Directors under the Reserve Bank of India Act,.....
Tags : National Company Law Appellate Tribunal, Superseded Director
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SC Sets Aside Delhi HC Orders Initiating Coercive Steps Against Companies and Promoters Biyani(01.02.2022)
Supreme Court has set aside the orders of the Delhi High Court which initiated coercive steps against the companies and its promoters Biyanis for alle.....
Tags : Supreme Court, Coercive Steps Against Companies and Promoters Biyani
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NCLAT: 14 Days Timeline to Admit or Reject Case Under IBC a 'Mere Directive'(22.05.2017)
National Company Law Appellate Tribunal (NCLAT) has said that 14-day timeline for rejecting or admitting a case under Insolvency and Bankruptcy Code (.....
Tags : National Company Law Appellate Tribunal, Insolvency and Bankruptcy Code
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NCLAT Directs NBCC to Implement Resolution Plan Pending Appeal in Jaypee Infratech Matter(27.04.2020)
National Company Law Appellate Tribunal has declined to stay the implementation of the modified resolution plan and directed NBCC Limited to acquire t.....
Tags : National Company Law Appellate Tribunal, Jaypee Infratech
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Bombay HC: NCLAT Has No Jurisdiction Over Petition Under Arbitration Act(14.04.2021)
Bombay High Court has held that the National Company Law Appellate Tribunal has absolutely no jurisdiction over it in a petition under the Arbitration.....
Tags : Bombay High Court, National Company law Appellate Tribunal, Jurisdiction Over Petition Under Arbitration Act
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ITAT, Ahmedabad: Shares at Face Value by Amalgamated Company Not Covered Under Income Tax Act(16.04.2021)
Income Tax Appellate Tribunal (ITAT), Ahmedabad has ruled that the Shares at ‘face value’ by the amalgamated company to shareholders in pursuance of s.....
Tags : Income Tax Appellate Tribunal, Shares at Face Value by Amalgamated Company
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NCLAT, Delhi: Operational Creditor is At Liberty to File Legal Proceedings to Recover Claims(21.02.2022)
National Company Law Appellate Tribunal (NCLAT), Delhi has held that the Operational Creditor is at liberty to file appropriate legal proceedings to r.....
Tags : National Company Law Appellate Tribunal, Operational Creditor
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Delhi HC Dismisses PIL Challenging Tender Invitations Issued By PSUs for Empanelment of Law Firms(21.02.2022)
Delhi High Court has dismissed a public interest litigation challenging the Tender invitations issued by Public Sector Undertakings and other register.....
Tags : Delhi High Court, Empanelment of Law Firms
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Bombay HC Sets Aside Show Cause Notice Against Bombay Dyeing Company(21.02.2022)
Bombay High Court has set aside a show-cause notice issued 15 years back against Bombay Dyeing and Manufacturing Company Limited, observing that a par.....
Tags : Bombay High Court, Bombay Dyeing Company
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NCLAT: Penalty Can Only be Under IBC Code and Not Companies Act Before Adjudicating Authority(22.02.2022)
National Company Appellate Law Tribunal has held that when proceedings before the Adjudicating Authority are being carried out under the Insolvency an.....
Tags : National Company Appellate Law Tribunal, Proceedings Before Adjudicating Authority
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SC: Pharmaceutical Companies Gifting Freebies to Doctors is Prohibited by Law(23.02.2022)
Supreme Court held that pharmaceutical companies gifting freebies to doctors is prohibited by law and they cannot claim it as a deduction under Sectio.....
Tags : Supreme Court, Pharmaceutical Companies, Gifting Freebies to Doctors
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NCLT, Kochi: Entry in Balance Sheet Amounts to Acknowledgment of Liability(23.02.2022)
National Company Law Tribunal, Kochi has reiterated that acknowledgement of debt in the balance sheet of the Corporate Debtor comes within the meaning.....
Tags : National Company Law Tribunal, Entry in Balance Sheet
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ITAT, Chennai Allows Loss on Investment in Subsidiary Company as Business Loss(23.02.2022)
Income Tax Appellate Tribunal (ITAT), Chennai has allowed the loss on investment made in subsidiary company for increasing business expediency to be w.....
Tags : Income Tax Appellate Tribunal, Loss on Investment in Subsidiary Company
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Allahabad HC Issues Notice Over Death of 135 Panchayat Election Duty Staff(28.04.2021)
Allahabad High Court has taken Judicial notice of the death of 135 persons, who were on election duty during Panchayat elections in the State, due to .....
Tags : Allahabad High Court, Death of 135 Panchayat Election Duty Staff
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NCLT, Kochi: Initiation of CIRP Not Mandatory for Application Against Personal Guarantors(28.02.2022)
National Company Law Tribunal, Kochi has held that when an application for initiation of corporate insolvency resolution process (CIRP) is pending bef.....
Tags : National Company Law Tribunal, Application Against Personal Guarantors
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NCLT, Jaipur: Personal Guarantors of NBFC/FSC Cannot be Proceeded Against Unless Threshold Satisfied(28.02.2022)
National Company Law Tribunal, Jaipur has held that Personal Guarantors of Non-Banking Finance Company/ Financial Services Provider cannot be proceede.....
Tags : National Company Law Tribunal, Personal Guarantors of NBFC/FSC
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Allahabad High Court Seeks UP Govt's Counter Affidavit on Siddique Kappan Bail Plea(02.03.2022)
Allahabad High Court has sought the response of the Uttar Pradesh Government on the bail plea filed by Kerala journalist Siddique Kappan in connection.....
Tags : Allahabad High Court, Siddique Kappan
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NCLT, Mumbai: Retired Partner Cannot Initiate Resolution Proceedings to Claim Retirement Dues(02.03.2022)
National Company Law Tribunal, Mumbai has rejected the Section 9 application filed by the Operational Creditor on the ground that a retired partner ca.....
Tags : National Company Law Tribunal, Retired Partner. Retirement Dues
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Ministry of Corporate Affairs Extends Period for Holding Meetings of Board of Companies(04.05.2021)
Ministry of Corporate Affairs has notified that the requirement of holding meetings of the Board of the companies as per section 173 of the Companies .....
Tags : Ministry of Corporate Affairs, Meetings of Board of Companies
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NCLT Kochi Allows Promoter of Corporate Debtor MSME to File Resolution Plan in Individual Capacity(07.05.2021)
National Company Law Tribunal, Kochi has held that the promoter of an MSME can submit a Resolution Plan Application in his individual capacity, and th.....
Tags : National Company Law Tribunal, Filing of Resolution Plan
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NCLAT, New Delhi Dismisses NOIDA Appeal Against Order Directing Participation in CIRP Process(09.03.2022)
National Company Law Appellate Tribunal, New Delhi has dismissed the Appeal preferred by New Okhla Industrial Development Authority (NOIDA) against th.....
Tags : National Company Law Appellate Tribunal, Participation in CIRP Process
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NCLT, New Delhi: Proceedings u/s 95 IBC Shall Abate on Death of Personal Guarantor(11.03.2022)
National Company Law Tribunal, New Delhi has rejected an application filed by the Financial Creditor under Section 95 of the Insolvency and Bankruptcy.....
Tags : National Company Law Tribunal, Death of Personal Guarantor
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NCLAT Sets Aside NCLT Order to Add MCA as Party in All IBC Cases and Company Petitions(26.05.2020)
National Company Law Appellate Tribunal (NCLAT) has set aside an order of National Company Law Tribunal (NCLT) which mandated the impleadment of the U.....
Tags : National Company Law Appellate Tribunal, Ministry of Corporate Affairs, Party to IBC Matters
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Madras HC Dismisses Plea Seeking Setting Aside of Notice for Alleged Involvement in Katta Panchayat(19.05.2021)
Madras High Court has dismissed a petition filed by an Inspector of Police attached to the District Crime Branch, Pudukkottai, seeking setting aside o.....
Tags : Madras High Court, Notice for Alleged Involvement in Katta Panchayat
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Kerala HC: Development Permit Not Required for Residential Building in Small Plot(29.03.2022)
Kerala High Court has observed that a Panchayat cannot require an owner of a small parcel of land that has been subdivided from a larger plot to produ.....
Tags : Keywords- Kerala High Court, Development permit, Panchayat
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Chhattisgarh HC: Director Cannot Be Prosecuted u/s 138 of Negotiable Instruments Act(30.03.2022)
Chhattisgarh High Court has held that a director could not be charged under Section 138 of the Negotiable Instruments Act, 1881 without the company be.....
Tags : Chhattisgarh High Court, Section 138 of the Negotiable Instruments Act, Company
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ITAT, Delhi: Payment to Microsoft for Software Purchase Does Not Amount to Royalty(04.04.2022)
Income Tax Appellate Tribunal, Delhi has observed that the assesee, HP Services (Singapore) cannot be taxed for royalty as per the Indo-Singapore Doub.....
Tags : Income Tax Appellate Tribunal, HP Services, Indo-Singapore, Double Taxation Avoidance Agreement, Microsoft company
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Bombay HC: 7 Days Jail for Prison Superintendent for Denying Emergency Parole to Eligible Prisoners(04.04.2022)
Bombay High Court has observed the Superintendent of Central Prison guilty of contempt and punished him to seven days simple imprisonment for selectiv.....
Tags : Bombay High Court, Prison Superintendent, emergency parole, Covid pandemic
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SC Issues Notice on NCLT Bar Association's Petition Challenging MCA Notification(06.04.2022)
Supreme Court has issued notice in a writ petition that seeks to change the term of 3 years fixed by a notification issued by the Ministry for the mem.....
Tags : Supreme Court, 3 years, National Company Law Tribunal, 5 years, Section 408 of the Companies Act, 2013
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NCLAT: No Bar in Pendency of Execution Proceedings u/s 9 IBC(07.04.2022)
National Company Law Appellate Tribunal has observed that the pendency of an execution petition does not bar the operational creditor from filing a pe.....
Tags : National Company Law Appellate Tribunal, execution petition, Section 9 of the Insolvency and Bankruptcy Code, 2016
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NCLAT Delhi: Resolution Professional Cannot Decide Eligibility Under Section 29A IBC(07.04.2022)
National Company Law Appellate Tribunal has observed that the Resolution Professional is not required to take a decision in regard to the ineligibili.....
Tags : National Company Law Appellate Tribunal, Resolution Professional, Section 29A of the Insolvency & Bankruptcy Code, 2016, Resolution Applicant
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NCLT, Bengaluru Dismisses Insolvency Petition Against Café Coffee Day(07.04.2022)
National Company Law Tribunal, Bengaluru has dismissed the insolvency petition filed against the parent company of Cafe Coffee Day namely Coffee Day G.....
Tags : National Company Law Tribunal, parent company, Cafe Coffee Day, Coffee Day Global Limited, Cooperative Rabobank U.A
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Supreme Court: Mere Amalgamation Would Not invalidate Income Tax Proceedings(07.04.2022)
Supreme Court has held that whether corporate death of amalgamating entity upon amalgamation invalidates an order of assessment issued under the Incom.....
Tags : Supreme Court, amalgamation, Income Tax Act, 1961, Section 481 of the Companies Act, 1956
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Delhi HC: Breach of Contract u/s 74 Not Applicable at Pre-Formation Stage(07.04.2022)
Delhi High Court has admitted a writ petition that seeks refund of bid security paid by Indian Hotels Company Limited (IHCL) and has dismissed the all.....
Tags : Delhi High Court, bid security, Indian Hotels Company Limited, pre-formation stage, breach of contract
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NCLT, Kolkata: Corporate Debtor Cannot Be Sent Into Liquidation(08.04.2022)
National Company Law Tribunal, Kolkata has observed that just because the liquidation value is being projected higher than the value of the resolutio.....
Tags : National Company Law Tribunal, liquidation value, resolution plan, Corporate Debtor, liquidation
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NCLT, Kolkata: IRP Against Legal Heirs of Personal Guarantor by Financial Creditor Not Permissible(11.04.2022)
National Company Law Tribunal, Kolkata has held that the application is not maintainable against legal heirs of the Personal Guarantor under the Insol.....
Tags : National Company Law Tribunal, Financial Creditor, Personal Guarantor, Bank of Baroda
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Delhi HC Dismisses Tax Appeals Against Moser Baer in View of Liquidation Proceedings(12.04.2022)
Delhi High Court has dismissed the appeals against Moser Baer, filed by the income tax department in the light of the liquidation proceedings pending .....
Tags : Delhi High Court, Moser Baer, Liquidation Proceedings, income tax department, National Company Law Tribunal
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NCLT, Kolkata: IRP Cannot be Maintained Against Legal Heirs of Personal Guarantor(12.04.2022)
National Company Law Tribunal, Kolkata has held that insolvency resolution process cannot be maintained against the legal heirs of the personal guaran.....
Tags : National Company Law Tribunal, Insolvency Resolution Process, legal heirs, Personal Guarantor
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NCLAT: Resolution Professional Cannot Withhold Any Plan and Refuse to Submit Before CoC(12.04.2022)
National Company Law Appellate Tribunal, has observed that Resolution Professional of its own cannot withhold any plan and reject to submit the same b.....
Tags : National Company Law Appellate Tribunal, Resolution Professional, Committee of Creditors
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NCLAT, Delhi: Fresh Resolution Plan Cannot be Considered by Committee of Creditors(25.04.2022)
National Company Law Appellate Tribunal (NCLAT), Delhi has held that a fresh resolution plan cannot be considered by a Committee of Creditors (COC) on.....
Tags : National Company Law Appellate Tribunal, Fresh Resolution Plan
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NCLAT, Delhi: Amount Given as Share Application Money is Not Covered Under Financial Debt(25.04.2022)
National Company Law Appellate Tribunal (NCLAT) , Delhi has held that money given as Share Application Money cannot be treated as a financial debt in .....
Tags : National Company Law Appellate Tribunal, Share Application Money
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NCLT Cuttack: CIRP Can’t be Initiated Over Undecided Claims or Unstamped Agreements(26.04.2022)
National Company Law Tribunal, Cuttack has ruled that Corporate Insolvency Resolution Process cannot be initiated based on undecided claims and/or uns.....
Tags : National Company Law Tribunal, Corporate Insolvency Resolution Process, compulsory registration
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NCLAT, Delhi: Time Period Under Regulation 35A is Directory, Not Mandatory(27.04.2022)
National Company Law Appellate Tribunal, has observed that period of time prescribed under Regulation 35A of the IBBI (Insolvency Resolution Process f.....
Tags : National Company Law Appellate Tribunal, Regulation 35A, IBBI (Insolvency Resolution Process for Corporate Persons) (CIRP) Regulations, 2016
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NCLAT, Delhi: Time Period Under Regulation 35A is Directory, Not Mandatory(27.04.2022)
National Company Law Appellate Tribunal, has observed that period of time prescribed under Regulation 35A of the IBBI (Insolvency Resolution Process f.....
Tags : National Company Law Appellate Tribunal, Regulation 35A, IBBI (Insolvency Resolution Process for Corporate Persons) (CIRP) Regulations, 2016
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Calcutta HC: Electricity Distribution Company Can Install Electric Poll on Private Land(28.04.2022)
Calcutta High Court has observed that West Bengal State Electricity Distribution Company Limited has the right to install electric polls on private la.....
Tags : Calcutta High Court, West Bengal State Electricity Distribution Company Limited, electric connection
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Allahabad HC: Government Efforts to Subdue Pandemic Not Successful Unless Public Adheres to Norms(09.07.2021)
Allahabad High Court has observed that even though the Uttar Pradesh Government has taken satisfactory steps to enhance medical infrastructure in the .....
Tags : Allahabad High Court, Government Efforts to Subdue Pandemic
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Calcutta HC Quashes No Confidence Motion Against Nandigram Panchayat President(09.07.2021)
Calcutta High Court has quashed a 'no confidence' motion initiated against Pabitra Kar, President of Boyal-I, Gram Panchayat in the District of Purba .....
Tags : Calcutta High Court, No Confidence Motion Against Nandigram Panchayat President
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SC: Appeal to NCLAT Shall Be Filed Within Period of 30 Days(13.05.2022)
Supreme Court has reiterated that an appeal against the order of National Company Law Tribunal (NCLT) shall be filed before the NCLAT within a period.....
Tags : Supreme Court, National Company Law Tribunal , thirty days, fifteen days
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NCLAT, Delhi: Arrears of Salary Accumulated for More Than Three Years Are Not Eligible for CIRP(13.05.2022)
National Company Law Appellate Tribunal, New Delhi has ruled that arrears of salary due beyond a period of three years would be barred by limitation f.....
Tags : National Company Law Appellate Tribunal, three years, Corporate Insolvency Resolution Process, limitation
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NCLAT: NCLT Doesn't Have Power to Classify Transaction As Preferential Transaction(16.05.2022)
National Company Law Appellate Law Tribunal, has observed that NCLT does not have the power to suo-moto classify a transaction as a Preferential Trans.....
Tags : National Company Law Appellate Law Tribunal, Section 44, Insolvency and Bankruptcy Code, 2016, Preferential Transaction
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NCLAT: Salary Incrementation is Valid by Employment Agreement or Board Resolution(16.05.2022)
National Company Law Appellate Tribunal, (NCLAT) has observed that salary incrementation is valid only by an employment agreement or board resolution .....
Tags : National Company Law Appellate Tribunal, Insolvency and Bankruptcy Code, 2016, Section 9
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SC: Concerned That AGR Dues Will Be 'Wiped Out' in IBC Process(21.08.2020)
Supreme Court has remarked that it was wary of Aggregate Gross Revenue-related dues owed to the Government being wiped out in light of the insolvency .....
Tags : Supreme Court, AGR Dues of Telecommunication Companies
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NCLT, Mumbai Initiates Insolvency Process Against Anil Ambani Over Personal Guarantee(24.08.2020)
National Company Law Tribunal, Mumbai has allowed an application filed by State Bank of India to initiate insolvency proceedings against Reliance Comm.....
Tags : National Company law Tribunal, Anil Ambani
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SC Asks DoT Details of Spectrum Sharing Arrangements by Telecom Companies(24.08.2020)
Supreme Court has directed the Department of Telecom (DoT) to inform of the basis of spectrum sharing done by telecom companies and how much is the li.....
Tags : Supreme Court, Spectrum Sharing Arrangements by Telecom Companies
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LCIA Rules Against Djibouti’s Port Company in Dispute with DP World(13.07.2021)
London Court of International Arbitration (LCIA) has ruled against Djibouti’s port company, Port de Djibouti S.A. (PDSA), in its dispute with DP World.....
Tags : London Court of International Arbitration, Djibouti’s Port Company
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Gujarat HC Directs SEC to Proceed with Taluka Panchayat Bye Election(19.07.2021)
Gujarat High Court has observed that an election candidate dying after the polls but before declaration of result will not be able to fill the seat an.....
Tags : Gujarat High Court, Taluka Panchayat Bye Election
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NCLAT Upholds Dismissal of Petition Filed During Prohibited Period(24.05.2022)
National Company Law Appellate Tribunal while adjudicating an appeal has upheld that Corporate Insolvency Resolution Process cannot be initiated over .....
Tags : National Company Law Appellate Tribunal, Corporate Insolvency Resolution Process, Insolvency and Bankruptcy
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NCLT, Mumbai Directs Reliance Home Finance to Repay Dues to NCD Holders(25.06.2021)
National Company Law Tribunal, Mumbai has directed Reliance Home Finance Ltd (RHFL) to repay its debt obligations to 19,000 non-convertible debenture .....
Tags : National Company Law Tribunal, Reliance Home Finance
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National Company Law Tribunal, Mumbai Orders Liquidation of Nakshatra World(29.06.2021)
National Company Law Tribunal (NCLT), Mumbai has ordered the liquidation of Nakshatra World, a subsidiary of Gitanjali Gems, one of the group companie.....
Tags : National Company Law Tribunal, Nakshatra World
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NCLAT Declines Plea Challenging Order Approving Piramal Bid for DHFL(29.06.2021)
National Company Law Appellate Tribunal has declined a plea by US-based Prudential International Insurance Holdings Ltd challenging a National Company.....
Tags : National Company Law Appellate Tribunal, Prudential International Insurance Holdings Ltd
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NCLT, Chennai: No Conflict Among Prohibition of Benami Property Transaction Act and IBC, 2016(06.05.2022)
National Company Law Tribunal, Chennai has ruled that there is no conflict between the Prohibition of Benami Property Transaction Act, 1988 and the In.....
Tags : National Company Law Tribunal, Prohibition of Benami Property Transaction Act, 1988, Insolvency and Bankruptcy Code, 2016, attachment of property
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NCLT: Committee of Creditors Are Competent to Revise Approved Fees of Resolution Professional(09.05.2022)
National Company Law Appellate Tribunal has ruled that the Committee of Creditors is fully competent to revise its earlier approval of the fees of the.....
Tags : National Company Law Appellate Tribunal, Committee of Creditors, Resolution Professional
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SC Asks States to Ensure Children Attend School; Panel to Make Web Portal(10.05.2022)
Supreme Court has said that there is an obligation on all the states and Union Territories to ensure that children attend schools who had to drop out .....
Tags : Supreme Court , coronavirus pandemic, livelihood
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SC Upholds Manipur HC's Directions on Pandemic Management(07.09.2021)
Supreme Court has dismissed a special leave petition filed by the Manipur State Government challenging the High Court's order in which the Court had d.....
Tags : Supreme Court, Pandemic Management
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Karnataka HC Directs to Ensure Insurance Companies Transfer Unclaimed Policy Amounts(09.09.2021)
Karnataka High Court has directed the Insurance Regulatory and Development Authority (IRDA) to ensure that all insurance companies follow the master c.....
Tags : Karnataka High Court, Insurance Companies Transfer Unclaimed Policy Amounts
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SC: NCLAT Has No Jurisdiction to Condone Delay Exceeding 15 Days From Period Of 30 Days(15.09.2021)
Supreme Court observed that the National Company Law Appellate Tribunal (NCLAT) has no jurisdiction to condone the delay exceeding 15 days from the pe.....
Tags : Supreme Court, National Company Law Appellate Tribunal, Condonation of Delay
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Madras HC to Police: Register Case for Fraudulent Appointment in Panchayat Office(28.07.2022)
Madras High Court has directed the jurisdictional police to register a criminal case and proceed according to the law in the matter pertaining to frau.....
Tags : Madras High Court, Police, Fraudulent Appointment, Panchayat
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NCLAT: Liability of Personal Guarantor Survives Even on Becoming Citizen of Foreign Country(02.08.2022)
National Company Law Appellate Tribunal (NCLAT), New Delhi Bench has held that liability of Personal Guarantor doesn’t extinguishes upon subsequent ac.....
Tags : National Company Law Appellate Tribunal, Personal Guarantor, Foreign Citizenship
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Bombay HC Directs Transfer of Probe in Govind Pansare Murder Case to Anti-Terrorism Squad(04.08.2022)
Bombay High Court has held that it will pass orders transferring investigation into the 2015 murder of communist leader Govind Pansare from the Specia.....
Tags : Bombay High Court, Govind Pansare, Anti-Terrorism
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Ministry of Corporate Affairs Notifies Companies (Incorporation) Amendment Rules, 2021(28.01.2021)
Ministry of Corporate Affair (MCA) has notified Companies (Incorporation) Amendment Rules, 2021 which sought to amend the Companies (Incorporation) Ru.....
Tags : Ministry of Corporate Affairs, Companies (Incorporation) Amendment Rules, 2021
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MCA Notifies Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2021(03.02.2021)
Ministry of Corporate Affairs (MCA) has notified the Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2021 so as to enable the.....
Tags : Ministry of Corporate Affairs, Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2021
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Delhi HC Rejects PIL Seeking Release of Persons "Illegally" Detained During Farmers' Tractor Rally(03.02.2021)
Delhi High Court has dismissed a Public Interest Litigation (PIL) petition filed by a law graduate seeking release of participants of farmers tractor .....
Tags : Delhi High Court, Release of Participants of Farmers Tractor Rally
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Lucknow Court Denies Bail to Siddique Kappan in PMLA Case(01.11.2022)
Lucknow Sessions Court has rejected the bail plea filed by Kerala journalist Siddique Kappan in connection with a Prevention of Money Laundering Act (.....
Tags : Lucknow Sessions Court, Siddique Kappan, PMLA
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Ker HC: Requirement to Intimate Transfer of Vehicle to Insurance Company Under MV Act Only Directory(01.11.2022)
Kerala High Court has held that provision under Section 157(2) of Motor Vehicles (MV) Act, 1988 to intimate about the transfer of a vehicle to the Ins.....
Tags : Kerala High Court, Motor Vehicles, Insurance Company
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NCLT: Indemnity of Obligations Under an Agreement Is Not 'Financial Debt' Under IBC(14.10.2022)
National Company Law Tribunal, Mumbai while adjudicating an application has observed that indemnity of the obligations under the Agreement is not a 'f.....
Tags : National Company Law Tribunal, financial debt, indemnity, Agreement
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NCLAT: COC's Decision For Liquidation Is Open To Judicial Review By NCLT And NCLAT(19.10.2022)
National Company Law Appellate Tribunal, Delhi has ruled that when the Committee of Creditors (CoC) decides to liquidate the Corporate Debtor, the dec.....
Tags : National Company Law Appellate Tribunal, Committee of Creditors, Corporate Debtor, liquidation
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NCLAT: AA Can Consider Any Application Arising Out Of Sale In Liquidation(19.10.2022)
National Company Law Appellate Tribunal, Delhi has observed that the Adjudicating Authority (AA) is empowered to consider any application filed by the.....
Tags : National Company Law Appellate Tribunal, Liquidator, Auction, Adjudicating Authority
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NCLT Delhi Dismisses Plea For Initiation Of CIRP Against Developer(20.10.2022)
National Company Law Tribunal, New Delhi has rejected the petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, holding that if the al.....
Tags : National Company Law Tribunal, allottees, Developer
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NCLT, Cuttack: Related Party of Financial Creditor Not Barred U/S 29A To Submit A Resolution Plan(21.10.2022)
National Company Law Tribunal, Cuttack has observed that the Insolvency and bankruptcy Code does not bar a related party of the Financial Creditor fro.....
Tags : National Company Law Tribunal, Financial, Creditor
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NCLAT: Adjudicating Authority Can Invoke Inherent Powers To Replace The Liquidator(21.10.2022)
National Company Law Appellate Tribunal has held that the Adjudicating Authority can invoke its inherent powers to replace the Liquidator and to do s.....
Tags : National Company Law Appellate Tribunal, Liquidator, inherent
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NCLT Kochi Allows Initiation of Insolvency Resolution Process Against Personal Guarantor(27.01.2022)
National Company Law Tribunal, Kochi has allowed initiation of Insolvency Resolution Process (IRP) against the Personal Guarantor, Mr. Shahdulla M.I. .....
Tags : National Company Law Tribunal, Insolvency Resolution Process Against Personal Guarantor
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Bombay HC Issues Notice on Plea for Restoration of Assault FIR Over Breach of Consent Terms(27.01.2022)
Bombay High Court has issued notice to actor Armaan Kohli on his ex-girlfriend's application to restore the case she filed against him in 2018 while a.....
Tags : National Company Law Tribunal, Insolvency Resolution Process Against Personal Guarantor
read»
UttaraKhand HC: Owner Must Follow Manner Provided by Law to Dispossess Even an Unauthorized Occupant(04.01.2023)
Uttarakhand High Court has held that although it is settled position in law that injunction cannot be granted against true owner of the property, even.....
Tags : Uttarakhand High Court, Unauthorized Occupant, Owner
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Kar. HC: RERA Has No Authority Over Projects Granted Partial OC Prior to Enforcement of Act(05.01.2023)
Karnataka High Court has held that due to issuance of occupancy certificate (OC) prior to enforcement of Act, the project loses its character, as an o.....
Tags : Karnataka High Court, Occupancy Certificate, RERA, Jurisdiction, Ongoing Project
read»
NCLAT to Google: Deposit 10% of Penalty as Interim Measure(06.01.2023)
National Company Law Appellate Tribunal (NCLAT), Principal Bench while adjudicating an appeal filed in Google LLC & Anr. v CCI, has admitted Google’s .....
Tags : National Company Law Appellate Tribunal, Google, CCI, Penalty
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SC Refuses to Stay Eviction Notices Against Unauthorised Occupants in Kalkaji Temple Premises(10.01.2023)
Supreme Court has refused to entertain applications seeking stay of eviction notices issued to occupants of the encroachments within the Kalkaji Templ.....
Tags : Supreme Court, Kalkaji Temple, Unauthorized Occupants, Eviction
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NCLT Chennai Admits Application Initiating CIRP Against Coastal Energen Pvt. Ltd.(11.02.2022)
National Company Law Tribunal, Chennai has admitted the application of State Bank of India/ Financial Creditor for initiation of corporate insolvency .....
Tags : National Company Law Tribunal, Coastal Energen Pvt. Ltd.
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NCLT, Mumbai: Co-Operative Society Is Not a Corporate Person Under IBC(14.02.2022)
National Company Law Tribunal, Mumbai has dismissed an application filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 against Sangola T.....
Tags : National Company Law Tribunal, Co-Operative Society
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NCLAT, Delhi: Order of Mediation Along with Dishonoured Cheques Not Extension of Limitation(14.02.2022)
National Company Law Appellate Tribunal, Delhi has held that an order of mediation along with dishonoured cheques does not imply an extension of limi.....
Tags : National Company Law Appellate Tribunal, Extension of Limitation
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NCLT, Mumbai: Pre-requisite of Notice to Personal Guarantor Satisfied on Service as Per Form B(15.02.2022)
National Company Law Tribunal, Mumbai has admitted the application filed by the Union Bank of India/Financial Creditor under Section 95 of the Insolve.....
Tags : National Company Law Tribunal, Pre-requisite of Notice
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NCLAT, Delhi: After Adoption Of Swiss Challenge Method, RA Not Allowed To Submit Revised Plan(27.01.2023)
National Company Law Appellate Tribunal while adjudicating an appeal filed in Jindal Stainless Ltd. v Mr. Shailendra Ajmera & Anr., has observed that .....
Tags : National Company Law Appellate Tribunal, Resolution, adoption
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NCLAT Bars Appointment of Retired Bank Official as Resolution Professional(25.05.2020)
National Companies Law Appellate Tribunal has upheld a bankruptcy tribunal order prohibiting appointment of a former employee of financial creditor as.....
Tags : National Companies Law Appellate Tribunal, Resolution Professional
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Allahabad HC Directs Lucknow DM to File ATR If Private Hospitals Created Unnecessary Panic(10.05.2021)
Allahabad High Court has sought response from the Lucknow District Magistrate with respect to two private hospitals that claimed that several Covid-19.....
Tags : Allahabad High Court, Unnecessary Panic Due to Oxygen Shortage
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Karnataka HC Directs State to Consider Suggestions Made by Inquiry Panel on Oxygen Shortage(13.05.2021)
Karnataka High Court has directed the State Government to consider the suggestions made by the committee of Karnataka State Legal Service Authority, h.....
Tags : Karnataka High Court, Inquiry Panel on Oxygen Shortage
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NCLT Orders Insolvency Proceedings Against Supertech in Rs. 432 Crore Default Case(28.03.2022)
National Company Law Tribunal (NCLT) has declared Real estate developer Supertech bankrupt by the. The Court has ordered initiation of insolvency proc.....
Tags : National Company Law Tribunal, Supertech
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Gau HC: Insurance Co. Not liable to Pay Compensation for Death of Gratuitous Passenger(20.03.2023)
Gauahti High Court has held that Insurance Company is not liable to pay compensation for the death of gratuitous passengers travelling in goods vehicl.....
Tags : Gauahti High Court, Compensation, Gratuitous Passenger, Insurance Company
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Parliament Passes Companies (Amendment) Bill, 2019(31.07.2019)
Parliament has passed the Companies (Amendment) Bill, 2019 which seeks to tighten Corporate Social Responsibility norms and ensure stricter action for.....
Tags : Parliament, Companies (Amendment) Bill, 2019
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Supreme Court Takes Note of Insurance Companies Not Reimbursing Cost of COVID Treatment(06.08.2020)
Supreme Court has taken note of complaints of insurance companies not reimbursing the full cost of COVID-19 treatment and told the Union government to.....
Tags : Supreme Court, Insurance Companies, Cost of COVID Treatment
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NCLT Delhi Seeks Reply of Bhushan Steel's Monitoring Committee on Policy for Retirement(07.08.2020)
National Company Law Tribunal, Delhi has sought response from the Monitoring Committee of Bhushan Power & Steel Limited in relation to its retirement .....
Tags : National Company Law Tribunal, Bhushan Power & Steel Limited
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Kerala HC: Section 164(2) Companies Act not Retrospective(21.06.2021)
Kerala High Court has dismissed a batch of petitions challenging the disqualification of around 250 Directors of Companies under Sections 164 and 167 .....
Tags : Kerala HC, Companies Act
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NCLAT, Delhi: Quantum of Debt Not to be Decided At Stage of Admission of S. 7 IBC Application(18.04.2022)
National Company Law Appellate Tribunal, Delhi has observed that the quantum of debt is not to be considered at the stage of admission of a petition u.....
Tags : National Company Law Appellate Tribunal, Section 7 of the Insolvency and Bankruptcy Code, 2016, admission
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Rajasthan HC: Panchayat Has No Authority to Decide Question of Revenue Entries(18.04.2022)
Rajasthan High Court has held that Panchayat has no right to decide the question of the revenue entries as the same lies in the domain of the revenue .....
Tags : Rajasthan High Court, Panchayat, revenue entries, revenue authority, State of Rajasthan
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SC: ‘De Facto Control’ Test Relevant to Determine if Company is Resident in India(12.04.2023)
Supreme Court while observing that domicile or registration of company are not relevant test to determine if company is resident of India, has held th.....
Tags : Supreme Court, De Facto Control, Resident, Company
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NCLAT: Interest Free Security Deposit is an Operational Debt(28.04.2022)
National Company Law Appellate Tribunal has observed that an interest free security deposit towards advance license fee will qualifies as an operation.....
Tags : National Company Law Appellate Tribunal, interest free, security deposit, Insolvency & Bankruptcy Code, 2016
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NCLAT: Territorial Jurisdiction Cannot be Taken Away by Agreement Between Parties(28.04.2022)
National Company Law Appellate Tribunal has observed that the territorial jurisdiction of NCLT to decide a case under the Insolvency and Bankruptcy Co.....
Tags : National Company Law Appellate Tribunal, Insolvency and Bankruptcy Code, 2016, territorial jurisdiction
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NCLAT: Resolution Professional Can Submit An Additional Report Under Section 99 I&B Code(29.04.2022)
National Company Law Appellate Tribunal has observed that the Resolution Professional can submit an additional report under Section 99 of the Insolven.....
Tags : National Company Law Appellate Tribunal, Section 99, Insolvency & Bankruptcy Code, 2016
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NCLAT: If Credit Facility Agreement is Unstamped, Petition U/S Section 7 is Maintainable(29.04.2022)
National Company Law Appellate Tribunal has observed that if a credit facility agreement is unstamped, then petition under Section 7 of the Insolvency.....
Tags : National Company Law Appellate Tribunal, credit facility, Section 7, Insolvency and Bankruptcy Code, 2016
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NCLAT Chennai: Corporate IRP Can be Resume on Failure of Settlement Agreement(02.05.2022)
National Company Law Appellate Tribunal, Chennai has observed that Corporate Insolvency Resolution Process can be revive/resume in case of failure of .....
Tags : National Company Law Appellate Tribunal, Corporate Insolvency Resolution Process
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SC: No Priority For Workers' Dues After Liquidation of Company Under IBC(03.05.2023)
Supreme Court while holding that workers' dues will not get preferential payment in the event a company undergoes liquidation as per the provisions of.....
Tags : Supreme Court, IBC, Companies Act, 2013
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NCLAT: Insolvency Cannot be Initiated on Basis of Unpaid LTC And Leave Encashment Dues(16.05.2022)
National Company Law Appellate Tribunal, has ruled that the welfare claims such as Leave Encashment, superannuation dues are not operational debt for .....
Tags : National Company Law Appellate Tribunal, Leave Encashment, Corporate Debtor, Section 9, Insolvency & Bankruptcy Code, 2016, superannuation dues
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NCLAT: Salary Incrementation is Valid by Employment Agreement or Board Resolution(16.05.2022)
National Company Law Appellate Tribunal, (NCLAT) has observed that salary incrementation is valid only by an employment agreement or board resolution .....
Tags : National Company Law Appellate Tribunal, Insolvency and Bankruptcy Code, 2016, Section 9
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SC: Appeal Under IBC is Valid Only if it is Initiated Within 30 days From Date of Order(17.05.2022)
Supreme Court has ruled that an appeal under the Insolvency and Bankruptcy Code, 2016 (IBC) is only acceptable if it is filed within 30 days from the .....
Tags : Supreme Court, Insolvency and Bankruptcy Code, 2016, 30 days, National Company Law Tribunal
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SC Refuses to Entertain Plea Filed to Stop 'Mahapanchayat' in Uttarakhand(14.06.2023)
Supreme Court has refused to entertain petition seeking to stop ‘mahapanchayat' proposed to be held by Hindutva groups in Uttarakhand's Purola town am.....
Tags : Supreme Court, Mahapanchayat, Communal Tension
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SC Affirms HC’s Order for Deployment of Central Forces for Panchayat Elections in West Bengal(20.06.2023)
Supreme Court has affirmed the direction of Calcutta High Court which directed West Bengal State Election Commission to requisition central forces for.....
Tags : Supreme Court, Panchayat Elections, Central Forces
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SC Affirms HC’s Order for Deployment of Central Forces for Panchayat Elections in West Bengal(20.06.2023)
Supreme Court has affirmed the direction of Calcutta High Court which directed West Bengal State Election Commission to requisition central forces for.....
Tags : Supreme Court, Panchayat Elections, Central Forces
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Delhi HC Orders Review After Discrepancies in Judicial Exam(01.02.2019)
Delhi High Court has ordered a drawing up of fresh results of preliminary examination for Delhi Judicial Service (DJS) after it found discrepancies in.....
Tags : Delhi High Court, Review After Discrepancies in Judicial Exam
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Delhi HC Orders Review After Discrepancies in Judicial Exam(01.02.2019)
Delhi High Court has ordered a drawing up of fresh results of preliminary examination for Delhi Judicial Service (DJS) after it found discrepancies in.....
Tags : Delhi High Court, Review After Discrepancies in Judicial Exam
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Delhi High Court Stays Ministry Panel(09.12.2019)
Delhi High Court has stayed the operations of a new committee that was formed by the Sports Ministry to ‘review the Draft National Code for Good Gover.....
Tags : Delhi High Court, Ministry Panel
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NCLT, Mumbai Approves Reliance Jio;s Resolution Plan for Reliance Infratel(04.12.2020)
National Company Law Tribunal (NCLT), Mumbai has approved Reliance Jio’s resolution plan for the bankrupt Reliance Infratel.
Tags : National Company Law Tribunal, Reliance Jio
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Delhi HC Seeks Police's Stand on Swami Chakrapani's Plea Seeking Restoration Of Z Security(30.09.2021)
Delhi High Court has sought response from the Delhi Police on the plea filed by National President of Hindu Sant Mahasabha, Swami Chakrapani, seeking .....
Tags : Delhi High Court, Swami Chakrapani
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SC: Insurance Co. Not Liable if Claimant Was Travelling In Un-Insured Trailer(31.08.2023)
Supreme Court has held that liability cannot be fastened on the Insurance Company when the claimant was travelling in the trailer which was not insure.....
Tags : Supreme Court, Insurance Company, Tractor, Liability
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SC: Pandemic Situation Likely to Worsen, States and Centre Must be Well Equipped(23.11.2020)
Supreme Court has observed that the pandemic situation is likely to worsen across the country in the coming months and States as well as the Centre mu.....
Tags : Supreme Court, COVID-19 Pandemic
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ITAT, Mumbai: Company Granting Bonus to Employees or Shareholder Entitled to Tax Benefits(25.11.2020)
Income Tax Appellate Tribunal (ITAT), Mumbai has held that the company which is granting bonuses to its employees or shareholders is entitled to tax b.....
Tags : Income Tax Appellate Tribunal, Company Granting Bonus
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CBI Court, Panchkula Sentences Life Imprisonment to Accused in Ranjit Singh Murder Case(19.10.2021)
Central Bureau of Investigation Court, Panchkula has sentenced Dera Sacha Sauda chief Gurmeet Ram Rahim Singh and 4 others to life imprisonment in the.....
Tags : Central Bureau of India Court, Panchkula, Ranjit Singh Murder Case
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Singapore Arbitration Panel: Future Retail Must Take Part in Arbitration Over Dispute with Amazon(22.10.2021)
Singapore Arbitration Panel has ruled that Future Retail must take part in arbitration over a commercial dispute with Amazon.com Inc, rejecting the In.....
Tags : Singapore Arbitration Panel, Future Retail, Amazon
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Guj. HC: Electricity Co. Doesn’t Require Landowner's Consent for Laying Overhead Transmission Lines(10.08.2022)
Gujarat High Court has held that an electricity company does not require the consent of a private landowner to lay overhead high tension transmission .....
Tags : Gujarat High Court, Transmission Lines, Compensation, Electricity Company
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Cal. HC: Cheating Case Against Directors Can’t Survive w/o Impleading Company(12.09.2023)
Calcutta High Court has held that when the agreement was entered into by and between the companies, criminal proceedings in a cheating case can’t surv.....
Tags : Calcutta High Court, Directors, Impleading Company
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NCLT, Mumbai: Advance Amount Received by Property Owner is Operational Debt(18.01.2021)
National Company Law Tribunal (NCLT), Mumbai has ruled that the advance amount received by a property owner from the real-estate developer for a re-de.....
Tags : National Company Law Tribunal, Operational Debt
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NCLT Admits ISRO-Arm Antrix's Plea to Wind Up Devas Multimedia(20.01.2021)
National Company Law Tribunal, Bengaluru, has admitted the petition filed by Indian Space Research Organization's commercial arm Antrix Corporation Lt.....
Tags : National Company Law Tribunal, Devas Multimedia
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P&H HC Issues Notice on Plea Challenging Haryana Panchayati Raj (Second Amendment) Act(20.01.2021)
Punjab and Haryana High Court has issued notice on a writ petition challenging the vires of the Haryana Panchayati Raj (Second Amendment) Act, 2020, w.....
Tags : Punjab and Haryana High Court, Haryana Panchayati Raj (Second Amendment) Act, 2020
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Allahabad HC Dismisses Plea by Hindu Mahasabha Leader for Quashing FIR and Stay of Arrest(25.01.2021)
Allahabad High Court has dismissed a writ petition filed by Ashok Kumar Pandey, Hindu Mahasabha Leader from Aligarh praying for quashing of a First In.....
Tags : Allahabad High Court, Ashok Kumar Pandey
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Delhi HC Delineates Circumstances to Invoke Group of Companies Doctrine(11.10.2022)
Delhi High Court has held each Company is a separate legal entity, hence, an agreement entered into by one of the Companies in a group, cannot be bind.....
Tags : Delhi High Court, Group of Company, Arbitration Agreement
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Mad. HC: Unauthorized Occupant Can’t Claim Protection U/A 21 if Eviction is Lawful(27.11.2023)
Madras High Court has held that once it is found that the petitioner was unauthorisedly occupying the government property and if the procedure of law .....
Tags : Madras High Court, Unauthorized Occupant, Eviction
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SC Stays NGT Order Which Led to Halting of Highway Expansion Work of NH-844(11.12.2020)
Supreme Court has stayed the National Green Tribunal order to the extent it required the National Highway Authority of India to first procure the Envi.....
Tags : Supreme Court, Highway Expansion Work of NH-844
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Madras High Court Dismisses PIL Seeking 100% Occupancy in Cinema Theatres(09.11.2021)
Madras High Court has dismissed a public interest litigation petition which challenged the State government’s recent nod for 100% occupancy in cinema .....
Tags : Madras High Court, 100% Occupancy in Cinema Theatres
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Kerala HC Directs Government to Remove Discrepancy in Date and Venue of Vaccination Details(12.11.2021)
Kerala High Court has directed the government to remove the discrepancy in the date and venue of the petitioner's vaccination details on the CoWin por.....
Tags : Kerala High Court, Discrepancy in Date and Venue of Vaccination Details
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Bom. HC: SC’s Judgment in ‘Pankaj Bansal’ Case Applies Prospectively(08.11.2023)
Bombay High Court while refusing relief to Jet Airways founder Naresh Goyal in PMLA case has observed that Supreme Court’s judgement in Pankaj Bansal’.....
Tags : Bombay High Court, PMLA, Pankaj Bansal, Prospectively
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Titanium Company Scam: Kerala High Court Orders CBI Investigation(16.11.2023)
Kerala HC has directed the Central Government to order the CBI to investigate the corruption allegations involving high officials of Titanium Company .....
Tags : Kerala HC , CBI , Titanium Company , Metallurgical & Engineering Consultants (India) Limited
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Allahabad HC: Director Not Involved in Day-to-Day Affairs of Company Cannot be Prosecuted(11.03.2022)
Allahabad High Court has held that a director, who is not involved in the day to day affairs of a company, cannot be prosecuted for the offence under .....
Tags : Allahabad High Court, Day-to-Day Affairs of Company
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NCLAT: Failure to Reply to Demand Notice Does Not Preclude Corporate Debtor from Raising Dispute(15.03.2022)
National Company Law Appellate Tribunal has held that the mere fact that the corporate debtor did not reply to the demand notice by the Operational Cr.....
Tags : National Company Law Appellate Tribunal, Failure to Reply to Demand Notice
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SC Upholds 'Change In Law' Compensation for Adani Power(07.03.2023)
Supreme Court while criticizing State Distribution Companies for taking a stand contrary to that of the Union regarding grant of "Change in Law" compe.....
Tags : Supreme Court, Adani Power, Change in Law, Distribution Companies
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JKL HC: Can’t Attach Vicarious Liability of Officials Unless Statute Specifically Provides So(13.03.2023)
Jammu and Kashmir and Ladakh High Court has observed that when the company is an offender, it is trite position of criminal jurisprudence that no vica.....
Tags : Jammu and Kashmir and Ladakh High Court, Vicarious Liability, Company
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Del. HC: Order Passed in Favour of Indian Hotels Company Over Use of ‘Ginger’ Trademark(10.05.2024)
Delhi High Court has passed an order in favour of Indian Hotels Company and restrained several fraudulent websites from unauthorisedly using the trade.....
Tags : Delhi High Court, Indian Hotels Company, Ginger, Hotel Bookings
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P&H HC Directs Panjab University to Reconsider Scrapping of Entrance Exam(15.09.2020)
Punjab and Haryana High Court has directed the Panjab University, Chandigarh to reconsider its decision to scrap the UGLAW entrance examination for th.....
Tags : Punjab and Haryana High Court, Panjab University
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NCLAT Sets Aside NCLT Order Dismissing Initiation of CIRP Against Mittal Corp(15.09.2020)
National Company Law Appellate Tribunal (NCLAT) has set aside an order passed by the National Company Law Tribunal (NCLT), Mumbai which had dismissed .....
Tags : National Company Law Appellate Tribunal, Mittal Corp Limited
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Cal HC to Central Forces: Remain in State for 10 Days After Declaration of Panchayat Elections(07.07.2023)
Calcutta High Court has directed Central Armed Forces to remain in the State after declaration of results in the West Bengal Panchayat Elections 2023 .....
Tags : Calcutta High Court, Panchayat Elections, Central Forces
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Calcutta HC to IG CSF: Submit Report on Alleged Poll Violence(11.07.2023)
Calcutta High Court has directed Inspector-General (IG) of the Central security forces (CSF) to submit report pertaining to the alleged violence durin.....
Tags : Calcutta High Court, Panchayat Elections, Poll Violence
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Cal HC: Declaration of Panchayat Election Poll Results will be Subject to Final Orders of the Court(13.07.2023)
Calcutta High Court while expressing regret over repeated complaints pertaining to violence and mismanagement during the Panchayat Election, has direc.....
Tags : Calcutta High Court, Panchayat Election, Violence, Mismanagement
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J&K: Insurance Company Bound to Pay the Claim Against the Sum Insured(18.10.2024)
J&K High Court has observed that the Insurance Company is bound to pay the claim against the sum insured. It is not the business of the Insurance Comp.....
Tags : J&K High Court, Insurance Company, Sum Insured
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NCLT Clears IL&FS Education Arm Sale to JV Partner(03.09.2020)
National Company Law Tribunal has approved the sale of Schoolnet India, a subsidiary of IL&FS, to an arm of Lexington Equity Holdings (LEHL).
Tags : National Company law Tribunal, Schoolnet India
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SC Dismisses Plea to Allow Warkaris to Perform Pilgrimage to Temple in Pandharpur(19.07.2021)
Supreme Court has dismissed the petition seeking directions to State of Maharashtra to grant permission to Warkaris of Sant Namdev Maharaj Sansthan an.....
Tags : Supreme Court, Pilgrimage to Temple in Pandharpur
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NCLAT Stays Vedanta Group’s Winning Bid for Videocon Industries(20.07.2021)
National Company Law Appellate Tribunal (NCLAT) has stayed Vedanta Group’s winning bid for debt-laden Videocon Industries after an appeal by dissentin.....
Tags : National Company Law Appellate Tribunal, Videocon Industries
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ITAT: Provision Mandating Furnishing of PAN With E-TDS has Overriding Effect(10.06.2022)
Income Tax Appellate Tribunal (ITAT), Visakhapatnam bench has held that the provision mandating furnishing of PAN with E-TDS has an overriding effect .....
Tags : ITAT, Income-Tax Act, PAN
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MP HC Denies Bail to Janpad Panchayat CEO for Allegedly Embezzling Funds Under Vivah Sahayata Yojna(13.06.2022)
Madhya Pradesh High Court has denied bail to the CEO of a Janpad Panchayat who allegedly embezzled money set out for the beneficiaries of the Vivah Sa.....
Tags : Madhya Pradesh High Court, Janpad Panchayat , White Collar Crime
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Gauhati High Court Sets Aside CCI Order Imposing Penalty on Cement Company(02.09.2024)
The Gauhati High Court has set aside an order passed by the Competition Commission of India (CCI) imposing a penalty of Rs. 5,00,000 on a Star Cement .....
Tags : Gauhati High Court, Competition Commission of India, Star Cement Company
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Delhi Court Dismisses Plea Seeking NIA Probe into Origins of Covid 19 Pandemic(13.08.2021)
Delhi Court has dismissed the plea moved by Former Director General of Health Services and Padma Shree Awardee Dr. Jagdish Prasad seeking registration.....
Tags : Delhi Court, NIA Probe into Origins of Covid 19 Pandemic
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ITAT: 100% Deduction U/S 80IC of IT Act allowable when Industry undergone Substantial Expansion(05.07.2022)
Income Tax Appellate Tribunal (ITAT), Delhi Bench has held that 100% deduction under Section 80IC of Income-Tax (IT) Act, 1961 is allowable when an in.....
Tags : ITAT, Substantial Expansion, 100% Deduction
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SC Upholds Bombay HC Order: Hold Goa Panchayat Elections Within 45 Days(07.07.2022)
Supreme Court has upheld the order of Bombay High Court at Goa which had directed the State of Goa and the State Election Commission to ensure that th.....
Tags : Supreme Court, Goa Panchayat Election
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SC: Duty of the Insurance Company to Disclose All Material Facts Within Their Knowledge(09.08.2023)
Supreme Court has observed that it is the duty of the insurance company to disclose all material facts within their knowledge since the obligation of .....
Tags : Supreme Court, Insurance Company, Good Faith
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Del. HC: Whether an Entity is a Permanent Establishment of Foreign Company is a Fact Specific Issue(20.01.2025)
Delhi High Court has held that the position of a Permanent Establishment of Foreign Company being a facts-specific issue is liable to be examined agai.....
Tags : Delhi High Court, Permanent Establishment, Foreign Company
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Kerala HC: Diocese Not Entitled to Claim Compensation for Death of Deceased Priest(21.01.2025)
Kerala High Court while hearing an appeal filed by insurance company against the grant of insurance money to the Diocese over the death of a priest fr.....
Tags : Kerala High Court, Deceased Priest, Insurance Company
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SC: Only Person Responsible for the Conduct of Company’s Business is Liable for Dishonour of Cheque(11.10.2023)
Supreme Court has held that only that person who, at the time the offence was committed, was in charge and responsible to the company for the conduct .....
Tags : Supreme Court, Dishonour of Cheque, Company
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Ker. HC Defers Recovery of Disability Pension From 26 Yr. Old Suffering From 80% Mental Disability(17.11.2023)
Kerala High Court has deferred the recovery of the disability pension from a 26-year old for a period of 3 weeks. The Court also called for the record.....
Tags : Kerala High Court, disability pension, Gram Panchayat
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Jh. HC: Can’t Rule Out Insurance Company’s Liability Only because Claimants Provide Wrong Policy No.(21.04.2025)
Jharkhand HC has observed that merely providing a wrong policy number by claimants, liability of the insurance company cannot be ruled out because cla.....
Tags : Jharkhand High Court, Company’s Liability, Wrong Policy
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Pala Bar Association in Kerala Elects All Women Panel to Serve as Office Bearers(25.04.2025)
At a time when there is a call for increased women's representation in bar associations, Pala Bar Association in Kerala has made history by electing a.....
Tags : Pala Bar Association, All Women Panel, Office Bearers
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Pala Bar Association in Kerala Elects All Women Panel to Serve as Office Bearers(25.04.2025)
At a time when there is a call for increased women's representation in bar associations, Pala Bar Association in Kerala has made history by electing a.....
Tags : Pala Bar Association, All Women Panel, Office Bearers
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Delhi High Court: Rampant Corruption in CBI, ED Shakes Entire Edifice of Machinery(29.04.2025)
Delhi High Court has observed that rampant corruption in CBI, ED and such other Departments shakes the entire edifice of our Executive and the Investi.....
Tags : Delhi High Court, Rampant Corruption, Investigating Machinery
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All. HC: There Must be Insistence on Part of Insurance Companies for Disclosure of Specific Details(01.05.2025)
Allahabad High Court has held that insurance companies must insist upon filling specific details in the form for issuing insurance policy. Once policy.....
Tags : Allahabad High Court, Insurance Companies, Specific Details
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HP HC: Insurance Company Not Liable to Provide Compe. for Injuries Sustained by Gratuitous Passenger(05.05.2025)
HP HC while holding that an insurance company is not liable to provide compensation for injuries sustained by a gratuitous passenger has held that the.....
Tags : HP High Court, Insurance Company, Gratuitous Passenger
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SC: 'Group of Companies' Doctrine must be Retained in the Indian Arbitration Jurisprudence(06.12.2023)
Supreme Court has held that the 'group of companies' doctrine must be retained in the Indian arbitration jurisprudence considering its utility in dete.....
Tags : Supreme Court, 'Group of Companies', Arbitration
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SC: Judgment in Pankaj Bansal v. Union of India Does Not Apply Retrospectively(18.12.2023)
Supreme Court has held that its judgment in the case Pankaj Bansal v. Union of India (MANU/SC/1076/2023; 2023/INSC/866) wherein it was held that ED mu.....
Tags : Supreme Court, Pankaj Bansal, Retrospective
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Del. HC: SFIO Not Barred from Investigating Offence Under IPC(26.12.2023)
Delhi High Court has held that a conjoint reading of Sections 4(1) & 154 of CrPC and Sections 212 & 219 of Companies Act, 2013, it cannot be said that.....
Tags : Delhi High Court, Serious Fraud Investigation Office, CrPC, Companies Act
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Bom. HC: Company Can’t be Compelled to Run Because of Possible Unemployment of Workers(12.01.2024)
Bombay High Court has held that if a Company approaches the Court for closure of its establishment on the ground of accumulated losses in accordance w.....
Tags : Bombay High Court, Company, Unemployment, Workers
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Ker. HC: Discrepancies in Evidence Due to Normal Errors of Observation & Memory is Not Material(16.01.2024)
Kerala High Court has held that minor discrepancies in evidence due to normal errors of observation or memory cannot be considered as material discrep.....
Tags : Kerala High Court, Evidence, Material Discrepancies
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Bombay High Court: Fake Websites Providing PAN Card Services A National Threat(18.01.2024)
Bombay HC while passing an ex-parte interim injunction against certain entities allegedly operating fake websites providing PAN card services on behal.....
Tags : Bombay HC, PAN Card Services, UTIITSL
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Kerala HC: State Government Well Equipped to Decide Legality of Panchayat Decisions(06.12.2022)
Kerala High Court has held that Section 191 of Kerala Panchayat Raj Act, 1994 is an efficacious, alternate statutory remedy against any decisions take.....
Tags : Kerala High Court, Panchayat Raj Act, Legality
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SC: Panchayat Members in Mah. To Produce Caste Certificate In 12 Months to Avoid Disqualification(09.02.2024)
Supreme Court has held that Panchayat members in Maharashtra, who have been elected from seats reserved for the SC/OBC Class have to produce Validity .....
Tags : Supreme Court, Disqualification, Panchayat Members, Caste Certificate
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SC: Panchayat Members in Mah. to Produce Caste Certificate In 12 Months to Avoid Disqualification(09.02.2024)
Supreme Court has held that Panchayat members in Maharashtra, who have been elected from seats reserved for the SC/OBC Class have to produce Validity .....
Tags : Supreme Court, Disqualification, Panchayat Members, Caste Certificate
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Supreme Court: Directors of Company Not Liable For Dishonor of Cheque After Their Retirement(16.02.2024)
Supreme Court has observed that the Director of a company cannot be held liable for the dishonor of a cheque after his retirement, which has been issu.....
Tags : Supreme Court, Dishonor of Cheque, Directors of Company
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Del. HC Upheld Stay on Notices by DGHS To Companies Involved in Surrogate Ad. of Tobacco Products(25.01.2024)
Delhi High Court has upheld the stay on the show cause notices issued by Director General of Health Services (DGHS) to two companies for allegedly inv.....
Tags : Delhi High Court, Surrogate Advertisements, Tobacco Products, Dilbagh Pan Masala, Vimal Elaichi
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Kerala HC: Directors of Company Cannot be Implicated Without Specific Averments(17.01.2022)
Kerala High Court has ruled that Directors of a company cannot be implicated without specific averments indicating their role in the offence, particul.....
Tags : Kerala High Court, Directors of Company
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Cal. HC: Object of S. 60(2) IBC is to Group Together CIRP Proceedings Before Single Forum(21.12.2022)
Calcutta High Court has held that object of Section 60(2) of IBC 2016 is to group together CIRP of corporate debtor and insolvency liquidation proceed.....
Tags : Calcutta High Court, IBC, CIRP, National Company Law Tribunal
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Allahabad HC Grants Bail to Siddique Kappan in PMLA Case(26.12.2022)
Allahabad High Court has granted bail to Kerala journalist Siddique Kappan in connection with a Prevention of Money Laundering Act (PMLA) case initiat.....
Tags : Allahabad High Court, Bail, PMLA, Siddique Kappan
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Kar HC: Once Investigation u/s 210 Companies Act Commenced, Govt Not Powerless to Issue SFIO Probe(19.02.2024)
Karnataka High Court has held that if under Section 230 of Companies Act, 2013 investigation has started then the Government of India does not become .....
Tags : Karnataka High Court, S. 230 Companies Act, S. 212 Companies Act
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NCLAT, Chennai: No Condonation Beyond 45 Days, IBC Overrides Limitation Act(27.01.2023)
National Company Law Appellate Tribunal, Chennai ruled that Section 238 of Insolvency & Bankruptcy Code, 2016 overrides Section 12 of the Limitation A.....
Tags : National Company Law Appellate Tribunal, condone
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SC Criticises Centre For Not Specifying Range of Rates For Treatment in Pvt. Hospitals & Clinics(29.02.2024)
SC while criticizing Centre for not specifying the range of rates for treatment services in pvt. hospitals & clinics has directed the Centre to provid.....
Tags : Supreme Court, Private Hospitals, CGHS Empanelled Hospitals
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#Union Budget 2022-2023: Finance Minister Informs on Expansion of Parivesh for Green Clearances(01.02.2022)
Finance Minister informs on expansion of scope of Parivesh - single window portal for all green clearances. e-Passports to be rolled out in 2022-23 wi.....
Tags : Union Budget, Finance Minister, Expansion of Parivesh for Green Clearances
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SC: Discrepancies Between FIR and Subsequent Statement Not Grounds for Discharge(07.02.2022)
Supreme Court observed that discrepancies between the FIR and any subsequent statement under Section 164 of the Code of Criminal Procedure, 1973 canno.....
Tags : Supreme Court, Discrepancies Between FIR and Subsequent Statement
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Lucknow Court Orders Release of Kerala Journalist Siddique Kappan on Bail(02.02.2023)
Lucknow Court has signed an order to release Kerala Journalist Siddiqui Kappan on Bail and directed to release Kappan, if not wanted in any other case.....
Tags : Lucknow Court, Siddique Kappan, Bail
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SC: Old Panel of Adv. Must be Kept for At least 6 Weeks After Change in Govt., to Avoid Adjournments(03.04.2024)
SC while expressing dilemma over the change in the panel of advocates after a shift in political power, has observed that it will be appropriate if St.....
Tags : Supreme Court, Panel of Advocates, Six Weeks, Adjournments
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SC: Fine Imposed on HIMUDA for Colluding With Pvt. Company to Secure Tender by Deceiving Court(04.04.2024)
SC imposed a fine of Rs. 5 Lakh on Himachal Pradesh Housing and Urban Development Authority (HIMUDA) for colluding with a private company and taking t.....
Tags : Supreme Court, HIMUDA, Tender, Private Company
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Madras High Court Modifies Order & Restores Power of Madurai Bench to Hear Pan-State Matters(05.04.2024)
Madras High Court recently modified an earlier order of the Court and restored the power of the Madurai Bench to hear pan-state matters which were ear.....
Tags : Madras High Court, Madurai Bench, Pan-State Matters
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NCLAT, Chennai: Suspended Board of Directors Do Not Have Powers to Appoint Resolution Professional(02.03.2022)
National Company Law Appellate Tribunal, Chennai has held that the suspended Board of Directors has no power under the Insolvency and Bankruptcy Code,.....
Tags : National Company Law Appellate Tribunal, Powers to Appoint Resolution Professional
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Bom. HC: Non-Performance of Statutory Duties Won’t Automatically Disqualify Sarpanch(27.02.2023)
Bombay High Court has held that merely because a sarpanch of a village has not performed his statutory duties, he cannot be disqualified from the post.....
Tags : Bombay High Court, Sarpanch, Statutory Duties
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Bombay HC: Can’t Disqualify Sarpanch for Holding Consecutive Meetings(28.02.2023)
Bombay High Court has held that Sarpanch can’t be disqualified for holding consecutive meetings as it doesn’t amount to any statutory violation becaus.....
Tags : Bombay High Court, Sarpanch, Gram Sabha, Maharashtra Village Panchayat Act
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Supreme Court: Burden to Prove that Insured Suppressed Material Facts is Upon the Insurer(15.04.2024)
Supreme Court has held that if the insurance company repudiates the insurance claim on the ground that the insured had suppressed other policies taken.....
Tags : Supreme Court, Insurance Company, Burden to Prove
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NCLAT: Mere Error of Address in Postal Receipt Does not Bely Sending of Notice(13.04.2022)
National Company Law Appellate Tribunal has observed that mere address error in Postal Receipt does not bely the sending of notice by Operational Cred.....
Tags : National Company Law Appellate Tribunal, Postal Receipt
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CBI Court Acquits Sooraj Pancholi in Jia Khan Abetment of Suicide Case(28.04.2023)
CBI Court, Mumbai while citing paucity of evidence in the Jia Khan abetment of suicide case, has acquitted actor Sooraj Pancholi.
Tags : CBI Court, Sooraj Pancholi, Jia Khan, Abetment of Suicide
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AP HC: State Commissioner of Food Safety Can’t Impose Ban on Manufacture & Sale of Gutka, Pan Masala(27.03.2023)
Andhra Pradesh High Court has held that State Commissioner of Food Safety is neither authorized nor have any jurisdiction to issue notification, prohi.....
Tags : Andhra Pradesh High Court, State Commissioner, Food Safety and Standard Act, Pan Masala
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Kar. HC: For Disqua. Under Gram Swaraj & Panchayat Act, Subsisting Contract With Panchayat Necessary(13.05.2024)
Karnataka High Court has held that in order to disqualify a Panchayat member under Section 12 (h) of the Karnataka Gram Swaraj and Panchayat Raj Act, .....
Tags : Karnataka High Court, Subsisting Contract, Disqualification, Panchayat
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MP HC: ?20 Lakh Minimum Threshold for Loan Recovery by NBFCs Not Applicable on HFCs(23.05.2024)
MP HC has held that Housing Finance Companies (HFCs) can invoke the SARFAESI Act, 2002 even when the loan amount is less than ?20 Lakhs and the minimu.....
Tags : MP High Court, SARFAESI Act, 2002, Housing Finance Companies, NBFC
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NCLAT Upholds Imposition of Rs. 1337.76 Crores Penalty on Google by CCI(30.03.2023)
National Company Law Appellate Tribunal has dismissed Google’s appeal against CCI order (MANU/CO/0089/2022) which imposed a penalty of Rs. 1337.76 Cro.....
Tags : National Company Law Appellate Tribunal, Google, CCI, Dominant Position, Abuse
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Kerala High Court: Can’t Expect Witness to Recall Sequence of Events Accurately(06.06.2024)
Kerala HC has observed that a witness cannot be expected to recall an accurate sequence of events and minor discrepancies in the statements do not amo.....
Tags : Kerala High Court, Sequence of Events, Minor Discrepancies
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Rajasthan HC: Can Rely on Testimony of Injured Witness Unless There are Major Contradictions(10.06.2024)
Rajasthan High Court has observed that the court can rely on the testimony of an injured person and it cannot be rejected on the ground that there are.....
Tags : Rajasthan High Court, Injured Person, Minor Discrepancies
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Amalgamation of Air Asia With Air India Express Approved by NCLT(12.06.2024)
National Company Law Tribunal has approved the amalgamation of AIX Connect Pvt Ltd., owner of Air Asia Airlines, with the Air India Express Ltd compan.....
Tags : NCLT, Air Asia, Air India Express, Companies Act, 2013
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NHRC Issues Notice to Centre Over Anti-Labour Practices at a Warehouse of a Multi-National Company(20.06.2024)
National Human Rights Commission (NHRC) has issued a notice to Centre over anti-labour practices at one of the ware-houses of a multi-national company.....
Tags : NHRC, Anti-Labour Practices, Multi-National Company
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NCLAT: Article 1 of Limitation Act,1963 not Apply to Proceedings Under IB Code, 2016(26.05.2022)
National Company Law Appellate Tribunal (NCLAT) Principal Bench has held that the Article 1 of Limitation Act, 1963 is not applicable to the Petition .....
Tags : National Company Law Appellate Tribunal, Insolvency and Bankruptcy Code, Limitation
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NCLT: Salary During Notice Period Does Not Fall Within the Definition of 'Operational Debt' Under IBC(26.05.2022)
National Company Law Tribunal, Mumbai Bench has held that salary for purported notice period amounts to specific performance of the appointment letter.....
Tags : National Company Law Tribunal, Operational Debt, Operational Creditor
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Contraband Smuggling: Delhi High Court Grants Bail to Trader(31.05.2023)
Delhi HC while granting bail to the owner of the truck from which heroin was intercepted, observed that prima facie he was used as an intermediary wit.....
Tags : Delhi High Court, Shree Balaji Trading Company, Smuggling
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Cal. HC: Five Days is Inadequate Time for Filing Nominations for Panchayat Elections(12.06.2023)
Calcutta High Court while observing that five day's time provided for filing nomination papers is prima facie inadequate and directed State Election C.....
Tags : Calcutta High Court, Nominations, Panchayat Elections
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Kerala HC: Directions Issued to Ensure Safety of Pilgrims During Karkidakavavu Festival(31.07.2024)
Kerala High Court has issued directions to the police and district authorities to ensure safety of pilgrims during the Balitharpanam and Karkidakavavu.....
Tags : Kerala High Court, Balitharpanam, Karkidakavavu Festival
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SC: NBFCs Cannot be Regulated by State Enactments(11.05.2022)
Supreme Court has ruled that state laws cannot govern Reserve Bank of India-regulated non-banking financial companies (NBFCs). The top court stated th.....
Tags : Supreme Court, Non-banking financial companies, Reserve Bank of India
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NCLT, Delhi: NCLT Empowered to Pierce Corporate Veil to Ascertain True Successful Bidder(11.05.2022)
National Company Law Tribunal, New Delhi has held that it has the power to pierce the corporate veil to establish the real successful bidder. The corp.....
Tags : National Company Law Tribunal, corporate personality, legitimate purposes
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NCLAT: Threshold of Rs.1 Crore Is Required for Initiation of CIRP(12.05.2022)
National Company Law Appellate Tribunal (NCLAT) has ruled that an application filed after 24.03.2020 under Section 7 of the Insolvency and Bankruptcy .....
Tags : National Company Law Appellate Tribunal, Section 7, Insolvency and Bankruptcy Code, 2016, threshold, One Crore
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SC: Valid Reasons for Not Accepting Surveyor’s Report Must be Given by Insurance Company(19.05.2023)
Supreme Court while observing that Surveyor’s Report in a claim for insurance is not final one however satisfactory reasons are given by insurer, has .....
Tags : Supreme Court, Contingent Reasons, Surveyor’s Report, Insurance Company
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Del. HC: Can’t Tax Services Provided to Indian Customers for Use of Process by Assessee Company(26.07.2024)
Delhi High Court has held that, for the services provided to Indian customers outside the territory of India in connection with use of process or equi.....
Tags : Delhi High Court, Assessee Company, Royalty
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SC Upholds Constitutional Validity of Section 140(5) Companies Act 2013(04.05.2023)
Supreme Court while upholding the constitutional validity of Section 140(5) of the Companies Act, 2013, and observed that application/proceedings unde.....
Tags : Supreme Court, Constitutional Validity, Companies Act
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Del. HC: Regulation by FSSAI Enhancing Size of Statutory Warning on Pan Masala Packages, Upheld(11.07.2024)
Delhi High Court has upheld the regulation issued by the Food Safety and Standards Authority of India (FSSAI) that enhanced the size of statutory warn.....
Tags : Delhi High Court, FSSAI, Statutory Warning, Pan Masala
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Cal. HC to SEC: Requisition Deployment of Additional Paramilitary Forces for WB Panchayat Election(22.06.2023)
Calcutta High Court has directed West Bengal State Election Commission (SEC) o requisition the deployment of additional central paramilitary forces fo.....
Tags : Calcutta High Court, Paramilitary Forces, Panchayat Election
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AP HC: Weightage Marks to be Awarded to Nurses Who Served in COVID-19 Pandemic(09.08.2024)
Andhra Pradesh High Court has held that weightage marks in recruitment should be awarded to nurses who have given their services during COVID-19 pande.....
Tags : AP High Court, Weightage Marks, COVID-19 Pandemic
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SC: Mere Delay in Intimating Insurance Company of Occurrence of Theft Not Grounds to Deny Claim(20.09.2021)
Supreme Court has observed that mere delay in intimating the insurance company about the occurrence of the theft cannot be a ground to deny the insura.....
Tags : Supreme Court, Delay in Intimating Insurance Company
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NCLAT: 'Success Fees' is of Contingent and Speculative Nature; Not a Part of IBC(23.09.2021)
National Company Appellate Law Tribunal has held that 'success fees' which is more in the nature of contingency and speculative, is not a part of the .....
Tags : National Company Appellate Law Tribunal, Success Fees
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Insurance Company to be Liable Even if Insurance Policy Not Transferred(17.09.2024)
Allahabad HC has stated that even if the insurance policy of vehicle is not transferred, the insurance company would become liable under the policy to.....
Tags : Allahabad High Court, Insurance Company, Transferee
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SC: Corp. Charging Royalty Can’t be Interfered With as there is no Question of Royalty Being Tax(17.10.2024)
SC has stated that Municipal Corporation's power to charge royalty from the advertising companies cannot be interfered with on the ground that the sam.....
Tags : Supreme Court, Municipal Corporation, Advertising Companies
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Bombay High Court Orders Goa Panchayat Polls to be Held in 45 Days(01.07.2022)
Bombay High Court has reprimanded Goa government for postponing elections to 186 Panchayats in the State, noting that such defiance to comply with Con.....
Tags : Bombay High Court, Goa Government, Panchayat Polls
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Delhi HC: Can’t Make Organizer of Public Meeting Liable for Hate Speech by a Participant(24.07.2023)
Delhi High Court while observing that conduct of one person in a public meeting cannot be tied to another person present therein holding him vicarious.....
Tags : Delhi High Court, Public Meeting, Participant, Liability
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NCLAT: Section 43(1) of IBC applicable when Corporate Debtor has given a preference in transaction(09.12.2024)
National Company Law Appellate Tribunal (NCLAT) has observed that the condition precedent for attracting Section 43(1) of Insolvency and Bankruptcy Co.....
Tags : National Company Law Appellate Tribunal, Insolvency and Bankruptcy Code, 2016
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SC: Concerned Over Wrong & Rampant Conversions of Civil Disputes into Criminal Cases(17.12.2024)
Supreme Court while hearing a plea seeking quashing of charges under Indian Penal Code, 1860, has expressed concerns over rampant practices of convert.....
Tags : Supreme Court, Rampant Conversions, Civil Disputes, Criminal Cases
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Kerala High Court Lifts Ban on Burning of Pappanji(30.12.2024)
Kerala High Court has lifted ban on burning of Pappanji which is an effigy of an old man in the State. The activity has traditionally been a part of t.....
Tags : Kerala High Court, Pappanji, New Year
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NCLAT: Payment of Lease Amount, Rent & Premium Arising During CIRP Cannot Be Considered as CIRP Costs(28.10.2024)
The National Company Law Appellate Tribunal (NCLAT) has observed that the payment of lease amount, lease rent and premium arising during CIRP cannot b.....
Tags : National Company Law Appellate Tribunal, CIRP Cost, Section 14, Insolvency and Bankruptcy Code, 2016
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NCLAT: Dissenting Financial Creditor Entitled to Liquidation Value of its Secured Interest only(28.10.2024)
The National Company Law Appellate Tribunal (NCLAT) has observed that as per Section 30(2)(b) of Insolvency and Bankruptcy Code, 2016 (IBC), a dissent.....
Tags : National Company Law Appellate Tribunal, Section 30(2)(b), Insolvency and Bankruptcy Code, 2016
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2012 Disproportionate Assets Case: Madras HC Sets Aside Discharge of Former CM Panneerselvam(30.10.2024)
The Madras High Court has set aside the order discharging former Tamil Nadu Chief Minister, O. Panneerselavm and permitting prosecution to withdraw th.....
Tags : Madras High Court, O. Panneerselavm, 2012 Disproportionate Assets Case
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Madras HC: No Law Which Fixes Number of Persons Who Can Appear for/Accompany a Party to Court(08.11.2024)
Madras High Court while dismissing a petition seeking restriction on number of persons appearing and accompanying a VIP litigant, has stated that ther.....
Tags : Madras High Court, Enactment, Accompany
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SC Rejects Plea Challenging SC/ST Reservations in Punjab's Gram Panchayat Posts(03.12.2024)
The Supreme Court has rejected the plea challenging reservation of seats for Scheduled Castes/Tribes in Gram Panchayat elections in village in Ferozep.....
Tags : Supreme Court, Gram Panchayat elections
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Delhi HC Directs Removal of 'Kindpan' Trademark in Petition Filed by ‘Mankind’(04.04.2025)
Delhi High Court has directed the removal of trademark ‘Kindpan’ in a petition filed by Mankind Pharma Limited on the ground that it is the owner of '.....
Tags : Delhi High Court, 'Kindpan' Trademark, Mankind
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SC: Cannot Grant Bail for Offence under Sec. 447 of Companies Act Without Fulfilling Twin Conditions(11.04.2025)
Supreme Court has held that Courts cannot grant bail for offences under Section 447 of the Companies Act 2013 unless twin conditions given under Secti.....
Tags : Supreme Court, Companies Act, Twin Conditions
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SEBI Directs Investors to Link PAN with Aadhaar Before September 30(06.09.2021)
Securities Exchange Board of India (SEBI) has directed the investors to link PAN with Aadhaar before September 30th, 2021. As per Central Board of Dir.....
Tags : Securities Exchange Board of India, Link PAN with Aadhaar
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Bom HC: Two Children Limit for Panchayat Members Excludes Step-Children(21.08.2023)
Bombay High Court while observing that objective of two children policy was to disqualify a panchayat member responsible for the birth of more than tw.....
Tags : Bombay High Court, Panchayat Members, Two Children
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SC: Customs Act Doesn’t Create Statutory First Charge on Customs Dues(22.08.2023)
Supreme Court has held that Customs Act, 1962 does not create a statutory first charge on the customs dues, overriding the charge created in favour of.....
Tags : Supreme Court, Customs, Companies Act
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Del HC: Serving Grounds of Arrest in Writing to be Applicable from Date of Pankaj Bansal Ruling(21.02.2025)
Delhi High Court has held that the mandate of serving grounds of arrest in writing to an arrestee under UAPA will be applicable to the arrests from th.....
Tags : Delhi High Court, Pankaj Bansal Ruling, Grounds of Arrest
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Cal. HC Strikes Down State Law Allowing Companies to Penalise Consumer Consuming More Electricity(06.05.2025)
Calcutta HC has struck down rule under Regulation 4.4 of the West Bengal Electricity Regulatory Commission (Terms and Conditions of Tariff) Regulation.....
Tags : Calcutta High Court, State Law, Electricity Companies
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