Infra Legal Services https://validator.w3.org/feed/docs/rss2.html Supreme Court Holds Acknowledgement of Partial Debt Doesn’t Extend Limitation for Entire Claim Benami Act Attachment During CIRP Can’t Be Challenged Before NCLT/NCLAT: Supreme Court Secured Creditor Entitled to Invoke Section 14 SARFAESI Act for Physical Possession Even After Sale: Calcutta HC Personal Guarantors’ Hearing Rights and Natural Justice in Resolution Professional Report Banks Cannot Enforce Credit Card Recovery on Disputed Transactions Without Proving Authorization: Delhi HC 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 NCLAT Rules: Suspended Director Lacks Locus under CIRP; Moratorium under IBC Does Not Bar Adjudicating Authority from Allowing Arbitral Counterclaim Prior Secured Creditor’s Charge Prevails Over Subsequent State Dues: High Court Clarifies Pre-Section 26E SARFAESI Priority NCLAT Rules: Liquidator Cannot Enforce Disputed Receivables Summarily; Balance Sheet Entries Not Admission of Debt Loan Assignment in Violation of RBI Directions Nullifies Section 7 IBC Plea, Rules NCLAT Cash Payment in Promissory Note Cannot Be Denied for Lack of Bank Proof; Decree Restored by Supreme Court NCLAT Upholds Validity of Right of First Refusal (RoFR) Granted to Anchor Bidder Under Swiss Challenge Mechanism in Liquidation Process. Moratorium Under IBC Bars Section 138 NI Act Proceedings Against Corporate Debtor but Not Against Directors, Kerala High Court Bombay HC: No NI Act Liability for Ex-Directors When Cheques Dishonoured During IBC Moratorium and Liquidation Is the Execution and Registration of an Adoption Deed Necessary for a Hindu Child? SARFAESI Act | Tenant Cannot Resist Eviction Without Establishing Tenancy Was Created Before Mortgage: Supreme Court Secured Creditor Bound to Contribute Towards Workmen’s Dues Under SARFAESI Act; No Liability for Liquidation Costs Under IBC Bank Cannot Insist on Aadhaar for Opening Account Post-Puttaswamy Verdict: Bombay High Court Awards ₹50K Compensation District Magistrate Can Re-Entertain Fresh Section 14 SARFAESI Plea When Possession Is Lost Due to Illegal Trespass: Allahabad High Court Bombay High Court: Mortgage of Leasehold Industrial Property without MIDC Consent Not Void; MIDC Lacks Power to Impose Subletting Charges Our Team No Bail for Offence under S.447 Companies Act 2013 without Fulfilling Twin Conditions: Supreme Court Wilful Defaulter Classification Must Adhere to Principles of Natural Justice – Bombay High Court strikes down arbitrary declaration based on a Discredited Transaction Audit Report Sec. 69 Partnership Act |Partner of Unregistered Firm Can’t File Suit for Recovery against Other Partners: Supreme Court Supreme Court Establishes Seven Key Procedural Sub-Rights for Compulsory Land Acquisition Extension Beyond 90 Days for E-Auction Payment is Impermissible, Emphasizing Strict Adherence to Liquidation Timelines NCLAT Mumbai Bench. Personal Guarantor’s Liability Remains Enforceable Unless Expressly Discharged NCLAT, New Delhi Section. 14 Partnership Act | Partner’s Contribution Becomes Firm’s Property, Legal Heirs Cannot Claim Ownership: Supreme Court Section 53A Transfer of Property Act Protection Not Available If Person Entered Into Agreement Knowing About Pending Litigation: Supreme Court NCLAT Sets Aside NCLT Order for Prematurely Accepting Resolution Professional’s Report without Considering Extension Request Summons Under PMLA Can’t Be Quashed Merely Because Accused Was Discharged In Predicate Offence: Supreme Court An Accused Can Seek Anticipatory Bail In Relation To An Offence Even While He Is In Custody In A Different Offence: Supreme Court A LOOK INTO THE NEW CRIMINAL LAWS S.141 NI Act – Only That Person Who Was Responsible For Conduct of Company’s Affairs At The Time Of Cheque Dishonour Is Liable: Supreme Court Arbitration Agreement Can Bind Non-Signatories: Supreme Court Upholds ‘Group of Companies’ Doctrine Supreme Court Dismisses ED’s Plea Against HC Order Allowing NDTV To Seek Compounding of Alleged FEMA Violations S.138 NI Act | If Accused Is Disputing Signature on Cheque, Certified Copy of Specimen Signature Can Be Procured From Bank: Supreme Court Gallery If Deed Was Executed By Person Without Title, Successors Cannot Enforce Rights On Property Based On Such Deed: Supreme Court IBC- Is Dissenting Financial Creditor Entitled To Minimum Value Of Security Interest? Supreme Court Refers To Larger Bench, Doubts Precedent S.138 NI Act | Cheque Dishonour Case Can Be Compounded Without Complainaint’s Consent If Accused Has Compensated: Supreme Court Front Page [Indian Stamp Act] Collector Quasi-Judicial Authority, Has No Statutory Power To Review/Recall Order: Allahabad High Court S.148 NI Act | Appellate Court Has Discretion To Waive Or Order Deposit Of Minimum 20% Fine But It Must Give Reasons: Kerala High Court Will Can’t Be Presumed To Be Valid Merely Because It Is Registered: Supreme Court Are Virtual Hearings Allowed? If Not, Why? Supreme Court Asks All High Courts, NCLAT, NCDRC & NGT Hindu Succession Act | To Decide Shares of Heirs, First Step Is To Ascertain Share Of Deceased In Coparcenary Property On Date Of Death: Supreme Court Happy Ganesh Chaturthi My blog page