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Infra Legal Services

Author: infralegalservices

March 16, 2022News

Failure To Pay Rent Is Not A Penal Offence: Supreme Court Quashes FIR Against A Tenant

Failure to pay rent may have civil consequences, but is not a […]

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March 15, 2022News

Banks Exempted From Deducting Tax At Source While Paying Interest To Statutory Corporations: Supreme Court

The Supreme Court has reiterated that Banks are exempted from the mandate […]

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March 14, 2022News

Section 138 NI Act – Complainant Not Expected To Initially Give Evidence Of Financial Capacity Unless Accused Disputes It In Reply Notice: Supreme Court.

The Supreme Court observed that it cannot be expected of a complainant […]

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March 10, 2022News

SARFAESI – Borrower Can’t Seek Discharge By Only Paying Highest Bid Amount Or Reserve Price If Bank Dues Are More : Supreme Court

The Supreme Court has held that a borrower cannot redeem the mortgaged […]

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March 10, 2022News

Power To Condone Delay Under Section 5 Of Limitation Act Does Not Apply To Suits: Supreme Court

The Supreme Court has observed that the power to condone delay under […]

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March 6, 2022News

Retired Partner Cannot Initiate Proceedings Under IBC Against Other Partners Or Firm For Retirement Dues: NCLT, Mumbai

The NCLT, Mumbai Bench consisting of Kishore Vemulapalli, Judicial Member and Rajesh […]

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March 3, 2022News

Limitation Period Cannot Be Extended On Equitable Grounds: Supreme Court

The Supreme Court observed that an application for condonation of delay has […]

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March 2, 2022Articles

Balance sheets can amount to Acknowledgment of Debts under Section 18 of Limitation Act, 1963

Analysis on Asset Reconstruction Company (India) Ltd. v. Bishal Jaiswal & Anr: […]

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February 23, 2022News

Section 138 NI Act – Prima Facie Indication That Complaint Is Filed By Authorized Person of Company Sufficient For Magistrate To Take Cognisance: Supreme Court

The Supreme Court observed that, in a cheque bounce case, when the […]

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February 21, 2022News

Sale Pursuant To Public Auction Cannot Be Set Aside On The Basis Of Some Offer Made By Third Parties Subsequently: Supreme Court

The Supreme Court observed that a sale pursuant to public auction cannot […]

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Recent Posts

  • NCLAT Rules: Liquidator Cannot Enforce Disputed Receivables Summarily; Balance Sheet Entries Not Admission of Debt
  • NCLAT Rules: Suspended Director Lacks Locus under CIRP; Moratorium under IBC Does Not Bar Adjudicating Authority from Allowing Arbitral Counterclaim
  • Supreme Court Upholds Homebuyers’ Right to Possession in CIRP, Rejects Treatment as Belated Claims under Insolvency and Bankruptcy Code
  • Adjudicating Authority Lacks Power to Replace Resolution Professional as Liquidator Without Specific IBBI Recommendation under IBC Section 34
  • Personal Guarantors’ Hearing Rights and Natural Justice in Resolution Professional Report

Recent Comments

  1. S P Gupta on Section 138 NI Act: Complaint Cannot Be Proceeded With Once The Accused And Complainant Enter Into A Settlement Agreement: Supreme Court
  2. S P Gupta on Current status of NPA in Banks
  3. Nancy Singh on Current status of NPA in Banks

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Recent Posts

  • NCLAT Rules: Liquidator Cannot Enforce Disputed Receivables Summarily; Balance Sheet Entries Not Admission of Debt
  • NCLAT Rules: Suspended Director Lacks Locus under CIRP; Moratorium under IBC Does Not Bar Adjudicating Authority from Allowing Arbitral Counterclaim
  • Supreme Court Upholds Homebuyers’ Right to Possession in CIRP, Rejects Treatment as Belated Claims under Insolvency and Bankruptcy Code
  • Adjudicating Authority Lacks Power to Replace Resolution Professional as Liquidator Without Specific IBBI Recommendation under IBC Section 34
  • Personal Guarantors’ Hearing Rights and Natural Justice in Resolution Professional Report

Recent Comments

  • S P Gupta on Section 138 NI Act: Complaint Cannot Be Proceeded With Once The Accused And Complainant Enter Into A Settlement Agreement: Supreme Court
  • S P Gupta on Current status of NPA in Banks
  • Nancy Singh on Current status of NPA in Banks

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