Bringing you the Best Analytical Legal News
The NCLAT warned against manipulating the IBC for debt recovery purposes, as it would defeat the code’s purpose of rehabilitating Corporate Debtors.
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NCLAT held that CoCs’ resolution not to consider Resolution Plans from additional new entrants rendered the NCLAT’s orders unsustainable.
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The National Green Tribunal deemed the personal appearance of authorised officers from Ghaziabad Municipal Corporation and Ghaziabad Development Authority necessary for the next hearing.
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NGT relied on Supreme Court’s direction restricting diesel vehicles more than 10 years’ old to ply in NCR region.
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Effluents were released into the river water and the river was getting polluted due to untreated industrial and domestic waste.
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SCDRC opined that the submissions made by the complainant for serving notice at the Branch Office could not be considered.
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DCDRC also held that in order to keep a check on unruly service providers such as Uber, who commit breach of commitments at the nick of time, they are required to be dealt with heavy hands and as such they must be made to deposit at least Rs.10,000 as compensation in Consumer Welfare Fund of the Chandigarh District Forum.
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Mahua Moitra, who was elected from the Krishnanagar seat in West Bengal, was expelled on 08-12-2023 from Lok Sabha over cash-for-query charges.
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NCLAT upheld appellant’s classification as a Financial Institution and it’s liability to pay Liquidation Costs.
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The District Consumer Court found Flipkart to be guilty of deficiency in service and of adopting unfair and restrictive trade practice.
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What promised to be a comfort bowl of hot soup and bread, turned out to be an unhygienic mess for the complainant and his family travelling in Executive Class coach of New Delhi to Chandigarh Shatabdi Express.
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DCDRC observed that the video was not just a collection of images and sounds but a vessel for the heartbeats of a family’s collective journey, carrying the laughter, tears, and love of a day that marked the beginning of a new chapter in their lives.
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NCLAT stated that since the IBC overrides the SARFAESI Act, the Liquidator ought not to prefer a petition, based on the SARFAESI Act, and therefore Liquidator’s decision to classify the appellant as an unsecured financial creditor was illegal and invalid.
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The case was filed, compelled by the absence of communication regarding the outcome of the selection process for the post of Primary Teacher (Music) despite an active participation, whereas other candidates received offers of appointment while keeping her in the dark about the status.
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ITAT noted that Parliament had taken due note that the Supreme Court had held that the goodwill arising on business reorganization i.e. amalgamation, slump sales, demerger etc. is a depreciable intangible asset under Section 32 of the Act.
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In the instant matter, the NCLT rejected the application, noting the approval of the resolution by the Committee of Creditors and the absence of filing through an authorized representative.
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The depiction of a robber and its imputation concerning Rahul Gandhi’s conviction, was not in good taste and should have been avoided and the broadcaster should be careful while airing such fictional videos in future.
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The NCLT issued a notice and sought BharatPe’s response and fixed the next date of hearing on 04-04-2024.
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SEBI’s crackdown reveals guest experts’ violations in insider trading nexus on Zee Business, signaling a breach of regulatory standards. The investigation highlights a sophisticated network exploiting advance information for illicit gains, prompting stringent regulatory action.
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ECI raised concerns that “A majority of symbol disputes cases which come before the Commission under Paragraph 15 of the Symbols Order show that political parties are either not holding regular organizational elections, or not holding them as per Party Constitution.”
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