20 hours ago
NCLT orders to initiate Corporate Insolvency against Flipkart for failure to make payment for purchase of goods
NCLT orders Corporate Insolvency Resolution for Flipkart; finds that Flipkart has committed default and has not paid the Operational debt;…
7 days ago
Corporate Compliance calendar for the month of November, 2019
ABOUT ARTICLE : This article contains various Compliance requirements under Statutory Laws. Compliance means “adhering to rules and regulations.” Compliance…
1 week ago
NCLAT mandates the debt should be disbursed against the consideration for the time value of money u/s 5(8) IBC
NCLAT dismisses the appeal of Saregama India; rejects claim of Appellant that the claim was a financial debt on account…
4 weeks ago
HC restrain Balaji Motion Pictures, ALT Digital Media & Zee Entertainment from using sound recording of Marathi movie in film ‘Dream Girl’
This suit has been instituted by SAREGAMA India Limited (Plaintiff) to restrain Balaji Motion Pictures Limited, ALT Digital Media…
4 weeks ago
NCLAT directs Appellants to approach Liquidator as per Section 40 of I&B Code against invocation of Performance Bank Guarantee
NCLAT dismisses appeals finding that the matter could not be decided by it on account of the order of liquidation…
4 weeks ago
NCLT states that date of notice for default of payment cannot be deemed as the date of default, rejects application
NCLT rejects the application of the petitioner finding that the petitioners have failed to substantiate the amount of interest in…
October 1, 2019
NCLAT states that NCLT does not have jurisdiction to reject the petition u/s 7 of I&B Code, allows SBI appeal
NCLAT allows the appeal filed by the State Bank of India against the judgement of the Adjudicating Authority which dismissed…
September 20, 2019
HC holds that the power vested in Registrar of Trademarks is quasi judicial hence cannot termed as groundless threats u/s 142
The Chartered Institute of Taxation (Plaintiff) filed this suit for declaration, permanent injunction and damages in respect of threats under…
September 18, 2019
The Bombay HC has tagged along all the pending WRIT Petitions w.r.t disqualification and placed them for Hearing on 10th July, 2019 – Drafted by Advocate Disha Shah
ABOUT THE ARTICLE / INDEX Reasoning of striking off companies and disqualifying Directors Circumstances under which a Director is Disqualified…
September 18, 2019
NCLAT states that application for CIRP against company whose name is struck off from the Registrar is maintainable.
NCLAT holds that the application under Sections 7 and 9 of the I& B will be maintainable against the Corporate…
