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A comprehensive bankruptcy law with a clear legislative objective is the Insolvency and Bankruptcy Code (IBC). Home buyers are now subject to financial creditors under the IBC and must thus be a...
In the case of Innoventive Industries Limited v. ICICI Bank Limited, which was heard on August 31, 2017, the Supreme Court of India issued the first comprehensive ruling on the application and...
On a petition filed under section 7 of the IBC to begin the Corporate Insolvency Resolution Process, the NCLT recently rejected the petition and ordered the corporate debtor to first settle the...
A three-judge bench of the Hon'ble Supreme Court in Vodafone Idea Cellular Ltd v. Ajay Kumar Agarwal, overruling its previous decision, held that consumer complaints against telecom companies are...
The Delhi High Court in Dr Sanjiv Gupta & Anr. v/s Sh. S.S. Verma laid down that registration of a Family Arrangement is necessary only if the terms are reduced to writing and not when the terms are...
The Delhi High Court in V K Verma v. CBI observed that revisional jurisdiction is not meant to test the waters of what might happen in the trial. The Hon’ble Bench quoted, “The revisional...
The Apex Court in Suleman v. State of Uttar Pradesh urged the Allahabad High Court to decide the bail applications of the convicts serving sentences for over 10 years, pending as of 22.04.2022 before...
In its decision dated September 20, 2021 ("Judgement") in the case of Mr. Jayesh N. Sanghrajka v. The Monitoring Agency chosen by the Committee of Creditors of Ariisto Developers Private Limited...
The Supreme Court established the law regarding the applicability of Article 137 of the Limitation Act, 1963 upon transfer of winding up petitions to the National Company Law Tribunal (NCLT) under...
The Delhi High Court in Millennium School v. Pawan Dawar observed that section 65-B of the Evidence Act doesn’t apply to arbitral proceedings and although the principles of the Evidence Act usually...
The Bombay High Court while hearing a petition for confirmation of the death sentence in The State of Maharashtra Vs Guddu Krish Yadav acquitted Guddu Krish Yadav who was sentenced to the death...
The Supreme Court in Safire Technologies Pvt. Ltd Vs Regional Provident Fund Commissioner & Anr reiterated that an appeal to NCLAT shall be filed within 30 days and the appellate tribunal can only...
In its joint decision dated August 18, 2020 ("Judgment") in the cases of Univalue Projects Private Limited v. Union of India [W. P. No. 5595 (W) of 2020] and Cygnus Investments and Finance Private...
The Supreme Court has made clear the complexities surrounding the demand for payment of wages/salaries before the Corporate Insolvency Resolution Process (CIRP), during CIRP, and during the...
The Supreme Court in T.N. Godavarman Thirumulpad vs Union Of India while revoking the approval granted by the Standing Committee of the National Board for Wildlife (NBWL) for doubling the existing...
In the recent judgement of Rajesh Gupta v. Ram Avtar, the High Court of Delhi (High Court) partially set aside an arbitral award on the grounds that the sole arbitrator had incorrectly allowed...
In its ruling dated July 7, 2021 ("Judgement") in the case of Anuj Tejpal v. Rakesh Yadav and Others [I.A. No. 815 of 2021 in Company Appeal (AT) (Insolvency) No. 298 of 2021], the National Company...
The Supreme Court in A.G. Perarivalan v. State, Through Superintendent of Police CBI/SIT/MMDA, Chennai, Tamil Nadu And Anr while exercising power under Article 142 of the Constitution to release A.G....
The appeal was filed against a common impugned order dated 15.07.2021, passed by Adjudicating Authority/National Company Law Tribunal, Chennai Bench, Chennai, in whereby the Adjudicating Authority...
Deemed and Actual: A Scholarly Analysis of 'Improper Removal' under Section 72 of the Customs Act, 1962 Introduction Section 72 of the Customs Act, 1962 ('the Act'), stands as a cornerstone of...