Corporate Law
NCLAT Overturns NCLT's Order on Alleged Fraudulent Trading
The ruling underscores the importance of distinguishing between genuine business risks and fraudulent intent, setting a ...
NCLAT Directs ICBC to Release Lien on Reliance Communications Fixed Deposit
The judgment has significant implications for banking practices concerning lien rights and the interpretation of contrac...
Termination of leave and license agreements - Resolution Professional entitled to terminate agreements during CRIP NCLAT Upholds Termination of Lease Agreements During CIRP
This decision underscores the RP's power to enforce agreements in line with statutory regulations and sanctioned plans, ...
NCLAT Rules ESI Contributions as Trust Assets, Excluded from Liquidation Estate
In conclusion, the NCLAT allowed the appeal, set aside the prior order, and reaffirmed the status of ESI contributions a...
Competition Law - Designation of a State Trading Enterprise for export of beach sand minerals is not amenable to Competition Act.
The dismissal of the appeal maintains the status quo, allowing the government's policy on BSM exports to continue. The T...
Once a One-Time Settlement is accepted and part payment is received, the Financial Creditor cannot file CIRP
The NCLT has urged both parties to settle the matter amicably and provided Jain Infraprojects with an opportunity to rec...
CESTAT New Delhi Overturns DRI's Classification of Videocon's Imported Smart Cards
The case, which involved multiple appeals, centered around the classification of imported smart cards used in Videocon's...
Coastal Regulation Zone - Only Construction Of Anti-sea Erosion Bund Permissible Under Crz Notification
The judgment underscored the importance of Environmental Impact Assessment (EIA) studies in ensuring that construction a...
NCLAT Dismisses Insolvency Plea Against Aussee Oats India Ltd. by Future Consumer Ltd.
Ultimately, the NCLAT upheld the decision of the NCLT, dismissing the appeal and reinforcing the principle that insolven...
CESTAT Sets Aside Order Against Simran Exports; Clarifies No Reclassification or Penalty Without Evidence
The tribunal's decision underscored the importance of adhering to statutory provisions and procedural requirements, as i...
CESTAT Chennai Bench Declines Jurisdiction; Appeals Referred to President for Special Bench Constitution
This decision underscores the importance of coordinated judicial processes in cases involving multiple jurisdictions and...
NCLAT Upholds CIRP Initiation Against Corporate Guarantor in Deepak Raheja Case
The case originated from a loan agreement dated 26.12.2017, involving Piramal Capital and Housing Finance Ltd. (PCHFL) a...