All Tribunals Case Commentaries

Validation of Transfer of Optionally Convertible Debentures for Initiating CIRP: Nailesh Dresswala v. MTC E-COM Pvt Ltd

Date: Aug 18, 2020

Validation of Transfer of Optionally Convertible Debentures for Initiating CIRP Introduction The case Nailesh Dresswala v. MTC E-COM Pvt Ltd adjudicated by the National Company Law Tribunal (NCLT)...

Establishing Seller Accountability in Seed Quality Disputes: Analysis of Shrihari Limraj Karanjkar v. Ajeet Seeds Limited

Date: Aug 18, 2020

Establishing Seller Accountability in Seed Quality Disputes: Analysis of Shrihari Limraj Karanjkar vs. Ajeet Seeds Limited Introduction The case of Shrihari Limraj Karanjkar vs. Ajeet Seeds Limited,...

Maintainability of Section 9 IBC Applications: Insights from Creative Infraheights Pvt Ltd v. JBK Developers Pvt Ltd

Date: Aug 18, 2020

Maintainability of Section 9 IBC Applications: Insights from Creative Infraheights Pvt Ltd v. JBK Developers Pvt Ltd Introduction The case of Creative Infraheights Pvt Ltd v. JBK Developers Pvt Ltd...

Threshold Limits for Initiating Corporate Insolvency: Sushil Ansal v. Ashok Tripathi Establishes Critical Precedent

Date: Aug 15, 2020

Threshold Limits for Initiating Corporate Insolvency: Sushil Ansal v. Ashok Tripathi Establishes Critical Precedent Introduction The case of Sushil Ansal v. Ashok Tripathi and Others adjudicated by...

Ensuring Natural Justice in Tax Revisions: Insights from M/s Jaydurga Minerals v. CIT, Cuttack

Date: Aug 11, 2020

Ensuring Natural Justice in Tax Revisions: Insights from M/s Jaydurga Minerals v. CIT, Cuttack Introduction The case of M/s Jaydurga Minerals, Cuttack v. CIT, Cuttack adjudicated by the Income Tax...

NCLAT Upholds Committee of Creditors' Power to Liquidate Without Resolution Steps in CIRP

Date: Aug 11, 2020

NCLAT Upholds Committee of Creditors' Power to Liquidate Without Resolution Steps in CIRP Introduction The case of Sunil S. Kakkad v. Atrium Infocomm Pvt Ltd & Anr. adjudicated by the National...

Legal Commentary: Jalandhar Improvement Trust v. Mahabir Prasad - Consumer Rights in Property Allotment

Date: Aug 11, 2020

Consumer Rights in Property Allotment: Insights from Jalandhar Improvement Trust v. Mahabir Prasad Introduction The case of Jalandhar Improvement Trust v. Mahabir Prasad was adjudicated by the State...

NCLT Mumbai Dismisses Operational Debt Claim Due to Lack of Direct Contractual Relationship and Prohibition of Fee-Sharing Arrangements

Date: Aug 11, 2020

NCLT Mumbai Dismisses Operational Debt Claim Due to Lack of Direct Contractual Relationship and Prohibition of Fee-Sharing Arrangements Introduction The case of Shree Pathology Laboratory Operational...

DCIT, Faridabad v. M/s. Knorr Bremse India Pvt. Ltd., Palwal: Establishing TNMM as the Preferred Method for Determining ALP in Absence of Comparable Data

Date: Aug 8, 2020

Establishing TNMM as the Preferred Method for Determining ALP in Absence of Comparable Data Introduction The case of DCIT, Faridabad v. M/s. Knorr Bremse India Pvt. Ltd., Palwal adjudicated by the...

Kotak Investment Advisors Limited v. Krishna Chamadia: Upholding Due Process in Corporate Insolvency

Date: Aug 6, 2020

Kotak Investment Advisors Limited v. Krishna Chamadia: Upholding Due Process in Corporate Insolvency Introduction The case of Kotak Investment Advisors Limited v. Krishna Chamadia And Others...

Edelweiss Asset Reconstruction Company Ltd. v. M/S Nishiland Park Ltd. and Ors: A Landmark Decision on Debt Recovery and Supervisory Jurisdiction

Date: Aug 5, 2020

Edelweiss Asset Reconstruction Company Ltd. v. M/S Nishiland Park Ltd. and Ors: A Landmark Decision on Debt Recovery and Supervisory Jurisdiction Introduction The case of Edelweiss Asset...

Enhancing Consumer Protection in Insurance Contracts: Insights from Satya International vs. New India Assurance

Date: Aug 5, 2020

Enhancing Consumer Protection in Insurance Contracts: Insights from Satya International vs. New India Assurance Introduction The case of Satya International Through Its Partner Harishbhai Fatandas...

SEBI Grants Relaxation for Wintac Limited's Equity Shares Delisting Amid COVID-19 Pandemic

Date: Aug 1, 2020

SEBI Grants Relaxation for Wintac Limited's Equity Shares Delisting Amid COVID-19 Pandemic Introduction The Securities and Exchange Board of India (SEBI) rendered a pivotal decision on July 31, 2020,...

Establishing Consumer Rights in Housing Delays: Col. Tejendra Singh v. Army Welfare Housing Organisation

Date: Aug 1, 2020

Establishing Consumer Rights in Housing Delays: Col. Tejendra Singh v. Army Welfare Housing Organisation Introduction Case: Col. Tejendra Singh v. Army Welfare Housing Organisation (AWHO) Court:...

Penalty Under Section 271(1)(c) Not Applicable for Adhoc Estimations: Colo Color Pvt. Ltd. Case

Date: Aug 1, 2020

Penalty Under Section 271(1)(c) Not Applicable for Adhoc Estimations: Colo Color Pvt. Ltd. Case Introduction The case of ACIT - CIRCLE- 6(2)(1), Mumbai v. Colo Color Pvt. Ltd., Mumbai adjudicated by...

SEBI Grants Exemption to Chowdhary Foundation in Titagarh Wagons Limited Acquisition

Date: Jul 31, 2020

SEBI Grants Exemption to Chowdhary Foundation in Titagarh Wagons Limited Acquisition Introduction The Securities and Exchange Board of India (SEBI) issued a pivotal order on July 30, 2020, granting...

SEBI Strengthens Regulatory Framework Against Unregistered Investment Advisors: Landmark Judgment of 2020

Date: Jul 31, 2020

SEBI Strengthens Regulatory Framework Against Unregistered Investment Advisors: Landmark Judgment of 2020 Introduction The Securities and Exchange Board of India (SEBI) plays a pivotal role in...

Res Judicata Prevents Withdrawal of Approved Resolution Plans: NCLAT in Educomp Solutions Ltd.

Date: Jul 30, 2020

Res Judicata Prevents Withdrawal of Approved Resolution Plans: NCLAT in Educomp Solutions Ltd. Introduction The case of Committee Of Creditors Of Educomp Solutions Ltd. v. Ebix Singapore Pte. Ltd....

Balancing Shareholder Rights and Corporate Survival: Insights from Jasdanwalla v. New Consolidated Construction Co. Ltd.

Date: Jul 30, 2020

Balancing Shareholder Rights and Corporate Survival: Insights from Jasdanwalla v. New Consolidated Construction Co. Ltd. Introduction The case of Abbas Yahyabhai Jasdanwalla v. New Consolidated...

Initiation of Corporate Insolvency Proceedings: Apavarga Trading Company v. Caara India Pvt Ltd

Date: Jul 29, 2020

Initiation of Corporate Insolvency Proceedings: Apavarga Trading Company v. Caara India Pvt Ltd Introduction The case of Apavarga Trading Company v. Caara India Pvt Ltd was adjudicated by the...