Employees entitled to Provident Fund and Gratuity Fund dues even if funds not available with Liquidator: NCLAT
NCLAT held that the Provident Fund and Gratuity dues of the appellant are to be paid in full.
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NCLAT held that the Provident Fund and Gratuity dues of the appellant are to be paid in full.
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Calcutta High Court directed the Chief Secretary of the State of West Bengal to call for an urgent meeting to take policy level decisions with regards to the pertaining issue.
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Calcutta High Court dismissed the present petition on the grounds of lack of jurisdiction.
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Calcutta High Court held that Court should not substitute its own view, replacing that of the arbitrator, unless it is manifestly evident that there existed no agreement.
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NCLAT held that CIRP be closed with respect to the Corporate Debtor since not a single ‘Claim' was received by the IRP even after the public announcement.
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Justice Krishna Murari, who has been serving as a Judge of the Supreme Court of India, retires after an extensive career of 4.5 years. Prior to his appointment to the Supreme Court, he had served as the Chief Justice of the High Court of Punjab and Haryana and the Judge of the High Court of Judicature at Allahabad.
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“All that the court can hope is that the elections of the Panchayat to be held on 8th July, 2023 is peaceful and the public will be entitled to cast their vote without any fear in their mind.”
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“We are shocked to note from the affidavit of Engineer-in-Chief, HPPWD that five of the designated dumping sites are located in the catchment areas of the Nullah”.
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The Single bench of the Calcutta High Court had earlier set aside the NHRC’s order to take a pre-emptive step and appoint a ‘Special Human Rights Observer’ to conduct an on-the-spot survey of the State of West Bengal and identify constituencies where violation is likely to occur during West Bengal Panchayat Elections.
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“The Proceedings under the IBC, 2016, are summary in character and a trial is not conducted, like that of ‘Civil’ matter, before the ‘Competent Civil Court’.”
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Himachal Pradesh High Court set aside the impugned order and directed the District Court to decide the matter afresh.
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NCLAT held that an application preferred under Section 9 of the IBC for implementation of an Arbitral Award is not maintainable.
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Calcutta High Court in an interm order stayed the CBI probe till the final order.
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Madhya Pradesh High Court held that “in the terms and conditions of the appointment it is clearly mentioned that the employee would not be having any right to claim regularization”.
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Madhya Pradesh High Court set aside impugned FIR as well as all consequential proceedings arising out of it.
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“In the instant case, the record establishes that there is a ‘debt’ and a ‘default’ and the Application is complete and the Adjudicating Authority has rightly admitted the Application under Section 7 of the Code.”
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While dismissing the present appeal, the NCLAT held that appellant’s prayer pertaining to admission of the claim cannot be acceded to in the ‘eye of Law’.
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The NCLAT rejected an application seeking Condonation of Delay of 49 days (about 1 and a half months) on the ground of want of sufficient cause.
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Amount taken by the Directors of the Corporate Debtor in their personal capacity cannot be construed as ‘Financial Debt’ under S. 5(8) of the IBC.
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NCLAT observed that the principal objective of the IBC is ‘revival of the Corporate Debtor and Resolution’ and therefore “Liquidation ought to be the last resort, keeping in view the scope and spirit of the Code.”
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