Rulings
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NCLT can initiate CIRP if High Court has not appointed official Liquidator & passed winding up order
In Nuvoco Vistas Corporation Ltd. vs Maxout Infrastructures Pvt. Ltd. , NCLT held that it does not have any bar…
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CCI sets BMW India free for not being dominant player in the passenger car segment
CCI holds that any company with negligible share in any respective market cannot be a dominant player hence cannot violate…
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CCI imposes penalty on 3 leading Zinc- Carbon dry cell battery manufacturers for indulging in anti- competitive conduct, invokes lesser penalty provision
CCI imposes penalty on Eveready Industries India Ltd. (‘Eveready’), Indo National Ltd. (‘Nippo’), Panasonic Energy India Co. Ltd. (‘Panasonic’) and…
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CCI penalizes 6 firms for “bid rigging” in PMC tenders, invokes Lesser Penalty Provisions
CCI imposes penalty for bid rigging/ collusion in 5 tenders floated by Pune Municipal Corporation (‘PMC’) on following 6 firms…
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NCLAT mandates NCLT to accept submissions of affidavit before pronouncement of its judgement
NCLAT set aside NCLT Chennai Bench mandating NCLT to accept the submission of affidavit before judgement is pronounced in compliance…
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CCI imposes penalty on Jet Airways (India), InterGlobe Aviation Ltd and Spice Jet
CCI imposes penalty on Jet Airways (India) Ltd., InterGlobe Aviation Ltd. and Spice Jet Ltd. of Rs. 39.81 crore, Rs.…
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Disqualification of Director – Options available to individual directors?
As we all are aware that in September, 2017 the government of India steps up its fight against the black…
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NCLAT clarifies that Director functions cannot be considered as individual’s cost & profit centre, set aside NCLT order
NCLAT clarifies that Director functions cannot be considered as an individual cost and profit centre. Directors actions are the matters…
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NCLAT mandates to comply with Company Act procedures while executing arbitral award
NCLAT, Delhi mandates necessary compliances under the Companies Act, 2013 while giving effect to the arbitral award. NCLAT further clarifies…
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NCLT holds that non-completion of work cannot be considered as “a pre-existing dispute”
NCLT, Ahmedabad held that non-completion of work cannot be considered as pre-existing dispute. In addition, in order to prove that…
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