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Complainant fails to establish the conditions of penal liability set out under Ss. 405, 420, 471 IPC
The Supreme Court bench comprising Justices Sanjiv Khanna and J.K. Maheshwari was recently hearing an Appeal and held that the...
May 1, 20233 min read
Without there being any demand to the Guarantor, the period of limitation cannot be commenced
As per clauses of the Deed of Guarantee, it is clear that although the Guarantor immediately become liable for any default committed by...
Apr 29, 20233 min read
The jurisdiction of civil court is limited in respect of matters in which a DRT or DRAT is empowered
The Supreme Court bench comprising Justices B.R. Gavai and Aravind Kumar was recently hearing an appeal on the SARFAESI Act proceeding...
Apr 28, 20234 min read
Bank could not produce any evidence to prove that shows acknowledgement signed by the Appellant
The National Company Law Appellate Tribunal (NCLAT), New Delhi bench comprising Justice Rakesh Kumar Jain, Judicial Member and Dr. Alok...
Apr 28, 20232 min read
Complainant fails to discharge his burden to prove that there was a deficiency in banking services
The Supreme Court bench comprising Justices Ajay Rastogi and Bela M. Trivedi was hearing an Appeal filed by the bank and held that the...
Apr 27, 20233 min read
NCLAT directs to refund of the amount of preferential transactions made by the Corporate Debtor
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi comprising Chairperson Justice Ashok Bhushan and...
Apr 26, 20233 min read
Bank cannot forfeit earnest money deposited by the successful bidder if some facts are hidden
The Supreme Court bench comprising Justices Ajay Rastogi and Bela M. Trivedi was recently hearing an interesting appeal in an auction...
Apr 24, 20234 min read
Disputes relating to the agreement to sale cannot be examined in a proceeding under the IBC: NCLAT
The National Company Law Appellate Tribunal (NCLAT), New Delhi bench comprising Justice Rakesh Kumar, Judicial Member and Dr. Alok...
Apr 22, 20234 min read
Every effort to be made to revive the Corporate Debtor, liquidation should be the last resort: NCLAT
The NCLAT New Delhi held that in every effort to be made to revive the Corporate Debtor, liquidation should be the last resort. The...
Feb 17, 20233 min read
IBBI announces final panel of Insolvency Professionals for the period of 1 January to 30 June 2023
The Insolvency and Bankruptcy Board of India (IBBI) announced the final panel of Insolvency Professionals for the period of 1 January...
Feb 16, 20231 min read
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