SARFAESI | Bank Can’t Forfeit Deposit Made After Auction Purchase When Bidder Wasn’t Informed of Challenge Pending Against Sale: Supreme Court
The Supreme Court has granted relief to an auction purchaser by directing […]
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Issuance of Corporate Guarantee on Behalf of Group Companies Without Consideration Is Not A Taxable Service: Supreme Court
The Supreme Court has held that the issuance of a corporate guarantee […]
Read more2015 Amendment To Section 153C Of Income Tax Act Will Apply To Searches Conducted Prior To Date of Amendment: Supreme Court
In a significant judgment on taxation law, the Supreme Court on Thursday […]
Read moreNCLT Bengaluru initiates insolvency proceedings against Mantri Developers on Indiabulls application
The National Company Law Tribunal (NCLT) at Bengaluru last week initiated initiated […]
Read moreNCLT Shall Not Act As A Recovery Forum: NCLT Mumbai
The National Company Law Tribunal, Mumbai Bench (‘NCLT’) comprising of Justice Kishore […]
Read moreWill Can’t Be Presumed To Be Genuine Merely Because It Is Aged More Than 30 Years Old: Supreme Court
The Supreme Court has held that the presumption under Section 90 of […]
Read moreShareholders Have No Locus To Challenge The Initiation Of CIRP Against Corporate Debtor: NCLAT Chennai
The National Company Law Appellate Tribunal (“NCLAT”), Chennai Bench, comprising of Justice […]
Read moreBank Wrongfully Keeps Lawyer’s Name In Loan Defaulters List; Supreme Court Affirms Rs 5 Lakhs Compensation
The Supreme Court, on Monday, upheld the order of National Consumers Disputes […]
Read moreDefault on part of homebuyers no ground to deny refund in a delayed project: SC
The ruling in a Faridabad case gives relief to buyers of stalled […]
Read moreBenefit U/S 10A of IBC Can Only Be Claimed When Default Occurs During Prohibited Period: NCLAT Delhi
The National Company Law Appellate Tribunal (“NCLAT”), Principal Bench, comprising of Justice […]
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