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Supreme Court Upholds Acquittal: Burden of Proof Shifts to Accused Only After The Petitioner Establishes Prima Facie Evidence Of The Debt
Supreme Court upholds the acquittal, as the burden of proof shifts to the accused only after the petitioner establishes prima facie...
Apr 19, 20242 min read
Legal heirs are not responsible for the partnership firm's debts upon the death of a partner
Supreme Court held that the legal heirs of a deceased partner do not become liable for any liability of the firm upon the death of the...
Apr 9, 20242 min read
Commercial Transactions Are Outside The Purview Of The Consumer Protection Act, 1986
The Supreme Court held that Commercial transactions are outside the purview of the Consumer Protection Act, 1986. The Supreme Court Bench...
Apr 8, 20242 min read
Supreme Court Set Aside the Conviction Under Section 138 NI Act Case Based On Civil Court's Declaration That the Cheque was Issued Solely for Security Purposes
The Supreme Court set aside the conviction under the Section 138 NI Act case based on the civil court's declaration that the cheque was...
Apr 4, 20242 min read
Bank's failure to provide borrowers with forensic audit reports violates natural justice, nullifying their decision to declare borrower company's account fraudulent
Gujarat High Court observed that the bank's failure to provide petitioners with forensic audit reports violates natural justice,...
Apr 1, 20242 min read
Upholding Judicial Integrity: Lawyers Unite Against Attempts to Undermine Judiciary
In a dramatic turn of events, a coalition of legal luminaries, spearheaded by the likes of eminent lawyer Harish Salve and Bar Council of...
Mar 28, 20242 min read
Statutory Arbitration Conducted By The Facilitation Council Under the MSME Development Act Cannot Supersede The Arbitration Agreement
The Calcutta High Court held that the Statutory Arbitration Conducted By The Facilitation Council Under the MSMED Act Cannot Supersede...
Mar 28, 20242 min read
Section 138 NI Act Proceedings Do Not Bar Arbitration Initiation; Both Are Independent Paths For Dispute Resolution
The Single-judge bench of Madhya Pradesh High Court (Gwalior Bench) Justice Anand Pathak held that the proceedings under Section 138 of...
Mar 26, 20242 min read
Understanding and Leveraging the Recent RBI Guidelines for Credit Card Billing Cycle Adjustments
In the realm of personal finance, few things are as crucial as managing credit card payments effectively. Late payments not only attract...
Mar 24, 20243 min read
Arvind Panagariya Urges Inclusion of Bank Privatisation in Modi 3.0 Agenda
Dr. Arvind Panagariya, Chairman of India's 16th Finance Commission and former Vice Chairman of NITI Aayog, expressed support for the...
Mar 23, 20242 min read
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