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Payment time of sale consideration can be extended even in a consent decree of specific performance. The Supreme Court in Kishor Ghanshyamsa Paralikar (D) Balaji Mandir Sansthan Mangrul (Nath)...
The Supreme Court in M/s Shree Vishnu Constructions v. The Engineer in Chief Military Engineering Service Service And Ors. on looking at the statements of pending applications sent by various High...
The Supreme Court in Budhadev Karmaskar v. State of West Bengal And Ors. directed that sex workers are not to be harassed either by the police or the media. Invoking its inherent powers prescribed...
According to Section 252 (1) of the 2013 Companies Act, the Tribunal must afford the Registrar, the Company, and all other parties involved a reasonable opportunity to submit arguments and be heard...
In this instance, the Supreme Court overturned SEBI and SAT rulings that found the managing director of PC Jewellers and a few of his family guilty of breaking the rules against insider trading. The...
The Apex Court established that the NCLT or its appellate court cannot call into question the Committee of Creditors' (CoC) decision to discontinue CIRP proceedings in the precedent-setting case of...
The Supreme Court Chanda Rani Akhouri & Ors. vs. Dr M.A. Methusethupathi & Ors., observed that there was no error in the order of the National Consumer Disputes Redressal Commission (NCDRC) in...
In the case of Brillio Technologies Pvt. Ltd. VS Registrar of Companies & Anr. The National Company Law Appellate Tribunal ("NCLAT") reversed the National Company Law Tribunal ("NCLT" decision)'s....
The NCLAT made it evident that when interpreting sub-section (8) of Section 248 it has no bearing on the Tribunal's authority to wind up the firm whose name has been removed from the register of...
In the aforementioned case, the appellant filed an application pursuant to Rule 11 of the NCLAT Rules, 2016 seeking a review of the NCLAT judgement dated February 7, 2020 on the grounds that the...
The Supreme Court in Abhishek vs the State of Maharashtra that continuing unlawful activity with the objective of gaining advantages other than economic or pecuniary is also an "organised crime"...
The NCLAT was asked to decide in this issue whether a landlord's grant of a lease will be considered a service rendered to a corporate debtor, making the landlord an operational creditor as defined...
The Supreme Court in Veena Singh (D) vs District Registrar/Additional Collector (F/R) the execution of a document/deed does not stand admitted merely because a person admits to having signed the...
In this instance, the Apex Court ruled that the statute of limitations for appealing an NCLT ruling under Section 61 of the IBC would begin on the date the order was announced in open court rather...
In Alibaba Nabibshah v. Small Farmers Agri-Busineaa Consortium & Ors, the Delhi High Court ruled that a director of a corporation who has resigned is no longer responsible for the day-to-day...
The Government of India proposed the Insolvency and Bankruptcy Code, 2016 to speed up the resolution of insolvency in India, which had previously taken an average of 4.3 years. This law was also put...
In this case, the Delhi High Court denied a demand by Zostel Hospitality for 7% equity shares in OYO's parent company (Oravel Stays) based on an arbitration judgement. Oravel Stays Pvt Ltd signed a...
The Supreme Court determined that the financial creditor is solely responsible for demonstrating the occurrence of default and the validity of the application submitted pursuant to Section 7 of the...
The Supreme Court in K Dhandapani vs State set aside a POSCO conviction after noticing that the accused had married the prosecutrix and had 2 children. The Court was apprised that there is a custom...
The Supreme Court in Union of India and Anr versus M/s Mohit Minerals Through Director reiterated what is popularly known about cooperative federalism as held in State (NCT of Delhi) v/s Union of...