Bank Cannot Insist on Aadhaar for Opening Account Post-Puttaswamy Verdict: Bombay High Court Awards ₹50K Compensation
The Bombay High Court held that a bank cannot insist on an […]
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District Magistrate Can Re-Entertain Fresh Section 14 SARFAESI Plea When Possession Is Lost Due to Illegal Trespass: Allahabad High Court
Allahabad High Court held that the District Magistrate can re-entertain a fresh […]
Read moreBombay High Court: Mortgage of Leasehold Industrial Property without MIDC Consent Not Void; MIDC Lacks Power to Impose Subletting Charges
Bombay High Court held that the mortgage of leasehold industrial property without […]
Read moreMoratorium Under IBC Bars Section 138 NI Act Proceedings Against Corporate Debtor but Not Against Directors, Kerala High Court
The moratorium under the Insolvency and Bankruptcy Code bars proceedings under Section […]
Read moreNCLAT Upholds Validity of Right of First Refusal (RoFR) Granted to Anchor Bidder Under Swiss Challenge Mechanism in Liquidation Process.
The NCLAT upheld the validity of granting the Right of First Refusal […]
Read moreNo Bail for Offence under S.447 Companies Act 2013 without Fulfilling Twin Conditions: Supreme Court
The Supreme Court held that bail, including anticipatory bail, cannot be granted […]
Read moreWilful Defaulter Classification Must Adhere to Principles of Natural Justice – Bombay High Court strikes down arbitrary declaration based on a Discredited Transaction Audit Report
The High Court on 2nd April 2025 ruled that the classification of […]
Read morePersonal Guarantor’s Liability Remains Enforceable Unless Expressly Discharged NCLAT, New Delhi
NCLAT ruled that a personal guarantor’s liability remains enforceable unless expressly discharged […]
Read moreExtension Beyond 90 Days for E-Auction Payment is Impermissible, Emphasizing Strict Adherence to Liquidation Timelines NCLAT Mumbai Bench.
NCLAT held that an extension beyond 90 days for e-auction payment is […]
Read moreSection 53A Transfer of Property Act Protection Not Available If Person Entered Into Agreement Knowing About Pending Litigation: Supreme Court
The Supreme Court recently reaffirmed that protection under Section 53A of the Transfer […]
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