The homebuyers as a class having assented to the resolution plan cannot maintain a challenge to the resolution plan and cannot be treated as a dissenting financial creditor or an aggrieved person unde

24/03/2021

Supreme Court Legal News The homebuyers as a class having assented to the resolution plan cannot maintain a challenge to the resolution plan and cannot be treated as a dissenting financial creditor or an aggrieved person under IBC.: SC held Decided on 24th March, 2021 Jaypee Kensington Boulevard Apartments Welfare Association & Ors. v. NBCC (India) Ltd. & Ors. For full text of judgment CLICK HERE
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Not to charge "interest on interest/compound interest/penal interest" for the period during the loan moratorium from any of the borrowers and any amount so recovered shall be refunded or adjusted.....

23/03/2021

Supreme Court Legal News Not to charge "interest on interest/compound interest/penal interest" for the period during the loan moratorium from any of the borrowers and any amount so recovered shall be refunded or adjusted. :SC rules rejecting the relief of total waiver of interest. Decided on 23rd March, 2021 Small Scale Industrial Manufactures Association (Regd.) v. Union of India and Ors. For full text of judgment CLICK HERE
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SC overruling N.V. International v. State of Assam held that a cut off of 120 days cannot be judicially engrafted onto a statutory provision which then bars condonation of delay by even...............

20/03/2021

Supreme Court Legal News SC overruling N.V. International v. State of Assam held that a cut off of 120 days cannot be judicially engrafted onto a statutory provision which then bars condonation of delay by even one day beyond the cap so engrafted for filing appeals under Section 37 of the Arbitration Act. Further held that a delay in filing an appeal under section 37 can be condoned by way of exception and not by way of rule. Decided on 19th March, 2021 GOVERNMENT OF MAHARASHTRA v. M/S BORSE ...
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The nature of inquiry before the Family Court is adjudicatory and it does not possess plenary powers to do away with the mandatory procedural requirements known to law while adjudicating claims. SC...

18/03/2021

Supreme Court Legal News The nature of inquiry before the Family Court is adjudicatory and it does not possess plenary powers to do away with the mandatory procedural requirements known to law while adjudicating claims. SC held Decided on 17th March, 2021 Aman Lohia v. Kiran Lohia For full text of judgment CLICK HERE
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Consumer proceedings instituted under Consumer Protection Act, 1986 shall continue before the Consumer fora constituted under the Act of 1986 and not to be transferred in terms of the new pecuniary...

18/03/2021

Supreme Court Legal News Consumer proceedings instituted under Consumer Protection Act, 1986 shall continue before the Consumer fora constituted under the Act of 1986 and not to be transferred in terms of the new pecuniary limits established under the new Consumer Protection Act, 2019: SC directs Decided on 16th March, 2021 Neena Aneja & Anr. v. Jai Prakash Associates Ltd. For full text of judgmentclick here
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The homebuyers as a class having assented to the resolution plan cannot maintain a challenge to the resolution plan and cannot be treated as a dissenting financial creditor or an aggrieved person unde

Not to charge "interest on interest/compound interest/penal interest" for the period during the loan moratorium from any of the borrowers and any amount so recovered shall be refunded or adjusted.....

SC overruling N.V. International v. State of Assam held that a cut off of 120 days cannot be judicially engrafted onto a statutory provision which then bars condonation of delay by even...............

The nature of inquiry before the Family Court is adjudicatory and it does not possess plenary powers to do away with the mandatory procedural requirements known to law while adjudicating claims. SC...

Consumer proceedings instituted under Consumer Protection Act, 1986 shall continue before the Consumer fora constituted under the Act of 1986 and not to be transferred in terms of the new pecuniary...