January 17, 2022News Once Land Acquisition Proceedings Lapse Under Section 24(2) RFCTLARR Act, Owner Cannot Seek Release Of Land Under Section 48 Of 1894 Act: Supreme Court The Supreme Court has observed that once the High Court has passed […] Read more
January 12, 2022News NCLT Must Pass Reasonable Order For Fees & Expenses Of Resolution Professional: Supreme Court The Supreme Court has held that the NCLT/NCLAT must make a reasonable […] Read more
January 8, 2022News Adjudicating Authority Need Not Record Any Finding Regarding ‘Default’ At The Time Of Application by the creditor to initiate insolvency resolution process: NCLAT The Delhi Bench of National Company Law Appellate Tribunal (NCLAT) held that […] Read more
January 8, 2022News Date of Allotment is relevant for purpose of Computing holding period, not Date of Registration: ITAT The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the […] Read more
January 3, 2022News Central Govt Notifies ‘Consumer Protection Rules 2021’ Revising Pecuniary Jurisdiction Of District, State & National Commissions The Central Government has notified the Consumer Protection (Jurisdiction of the District […] Read more
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