December 29, 2021News Bank Doesn’t Hold Customer’s Deposit In Trust; Banker-Depositor Relationship That Of Creditor-Debtor: Supreme Court The Supreme Court has observed that the money that is deposited by […] Read more
December 24, 2021News Consumers With Same Interest Can File Joint Complaint; Not Necessary To File Complaint In Representative Capacity: Supreme Court The Supreme Court has held that where there are more consumers than […] Read more
December 17, 2021News No Requirement For CMM To Fix Time Limit For Taking Possession Of Secured Asset While Exercising Jurisdiction Under Sec. 14 Of SARFAESI Act: Delhi HC The Delhi High Court has held that there is no requirement or […] Read more
December 15, 2021News NCLT Cannot Direct Parties to Settle A Dispute While Considering A Petition U/Sec 7 IBC: Supreme Court The Supreme Court observed that Adjudicating Authority and Appellate Authority under Insolvency […] Read more
December 9, 2021News Section 138 NI Act Attracted Even In Cases Where Debt Is Incurred After Cheque Is Drawn but Before Presentation: Supreme Court The Supreme Court observed that Section 138 of Negotiable Instruments Act is […] Read more
December 9, 2021News SARFAESI Proceedings Not Invalidated on Mere Failure of Bank in Giving Reply to Objections If Borrower’s Proposals Were Otherwise Considered: Supreme Court The Supreme Court held that failure to furnish reply by the creditor […] Read more
December 6, 2021News Resolution Process Has To Be Completed Within the Period Stipulated U/Sec 12 IBC: Supreme Court The Supreme Court observed that the entire resolution process has to be […] Read more
December 1, 2021News Consumer Commission Should Issue Bailable Warrant Only If Party Is Not Represented At All through Counsel or Representative: Supreme Court The Supreme Court has observed that the Consumer Commission should issue a […] Read more
November 24, 2021News Land Acquisition Act 1894 -Section 17(4) Notification Liable to Be Quashed If State Fails to Show Exceptional Circumstances Justifying Urgency: Supreme Court The Supreme Court has held that the urgency clause under Section 17(4) […] Read more
November 24, 2021News IBC: NCLT Cannot Adjudicate Contractual Dispute If Termination of Contract Is Based On Grounds Unrelated To Corporate Debtor’s Insolvency: Supreme Court The Supreme Court observed that the residuary jurisdiction of the NCLT cannot […] Read more