Bringing you the Best Analytical Legal News
Reiterating that the commercial wisdom of the CoC is to be given paramount importance for approval/rejection of the Resolution Plan, the NCLT held that the Resolution Plans in the present case met the requirements of the IBC and the IBBI Regulations, and thus, had to be approved.
Continue reading
A complaint was filed seeking NHRC’s intervention emphasising that fluoride contamination poses severe health risks and measures to mitigate the crisis remain inadequate.
Continue reading
A consumer had filed a complaint before the DCDRC seeking repair or replacement of his damaged Hyundai car and compensation of Rs 5 Lakhs for mental agony and deficiency of service.
Continue reading
“On one side is judicial propriety and on the other, severe contempt. Yet this Commission will take this risk and make attempt to set legal principles clearly for the purposes of upholding judicial federalism”.
Continue reading
The NHRC noted that the incident occurred because her husband had failed to repay the loan and had run away.
Continue reading
The RP sought exclusion of the time it took for NCLT to decide the applications filed under Section 19 of the IBC regarding the non-cooperation by the Company.
Continue reading
“The condition for de-pricing and recovery of loss for the booked copper is applicable only in case the terms of the contract are not fulfilled by the purchaser resulting in loss to the seller. Such condition in the commodity market which is prone to price risks cannot be considered to be unfair.”
Continue reading
“Investigation has also revealed no other independent player apart from DNEG has attempted to enter the market over the last few years, which shows the enforcement of appellants model has been a significant barrier for independent players to venture into cloning and delivery of content by the appellants.”
Continue reading
“The impugned order is exclusively interlocutory in nature which is yet to be considered on merits and yet to be given a final shape till the conduct of the final hearing when the interim reliefs prayed for, are heard and decided by the Tribunal.”
Continue reading
The Commission strictly opined that if the complainants were strictly vegetarian and that non-vegetarian foods hurt their religious sentiments, then why did they opt to order food from an outlet that delivers both veg and non-veg food items.
Continue reading
“Disclose the area with geo-coordinates of each of the water bodies under their management and control as per the revenue record.”
Continue reading
SEBI observed that the trades were not routine or incidental but strategically timed to avoid substantial losses which would have occurred had the information been public at the time of trading.
Continue reading
SEBI emphasized that the integrity of the securities market is sacrosanct and any attempt to mislead investors, however novel or tech-enabled, would be dealt with strictly under the law.
Continue reading
The DCDRC stated that it is the duty of Amazon that it should verify the whereabouts as well as the status of the seller before accepting the order of a respective product.
Continue reading
The Railway Board’s 2015 policy required five years of service for inter-railway transfers but applied only to fresh cases of post-issuance. Despite meeting this condition, the applicant was not relieved. Later, a 2022 policy raised the service requirement to ten years, leading SECR to cancel all pending transfers below that threshold, including the applicant’s.
Continue reading
“Geo tagging of all trees to be made mandatory so that accurate records of their location, type and number can be maintained. Geo tag data should be published and be made available and reported to the office of Chief Conservator of Forest.”
Continue reading
The Resolution Plan has been approved by 83.46% voting share of the CoC, therefore, at the instance of Appellant, approval of Resolution Plan cannot be allowed to be questioned.”
Continue reading
The NGT acknowledged that “the OA raises substantial issue relating to compliance of environmental norms.”
Continue reading
“Zee and Essel undertook to ensure that SNL would fulfil its obligations and assured that the outstanding amount would be paid. To treat the said LOCs as guarantees would amount to adding words which were not written.”
Continue reading
“Once a Secured Creditor relinquishes its security interest to the liquidation estate, it cannot seek priority among other Secured Creditors on the basis of the charge and is only entitled to receive proceeds from the sale of assets in the manner specified under Section 53 of the IBC.”
Continue reading