An action under Section 7 of IBC can be initiated by the financial creditor against a corporate person concerning guarantee offered by it in respect of a loan account of the principal borrower,.......

26/03/2021

Supreme Court Legal News An action under Section 7 of IBC can be initiated by the financial creditor against a corporate person concerning guarantee offered by it in respect of a loan account of the principal borrower, who had committed default.: SC ruled that even when principal borrower is not a corporate person, it would still be a “corporate debtor” as per Section 3(8) of the Code. Decided on 26th March, 2021 Laxmi Pat Surana v. Union Bank Of India & Anr For full text o...
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Evaluation criteria set by the Army for women engaged on Short Service Commissions seeking Permanent Commissions is arbitrary and irrational. SC held that benchmarking these officers with the.........

25/03/2021

Supreme Court Legal News Evaluation criteria set by the Army for women engaged on Short Service Commissions seeking Permanent Commissions is arbitrary and irrational. SC held that benchmarking these officers with the officers lowest in merit in the corresponding male batch constituted systemic discrimination Decided on 25th March, 2021 Lt. Col. Nitisha & Ors. v. Union of India & Ors For full text of judgmentclick here
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Unless free speech affects the public order it cannot be stifled by initiating criminal proceedings: SC quashed the FIR against Shillong Times editor Patricia Mukhim over a FB post

25/03/2021

Supreme Court Legal News Unless free speech affects the public order it cannot be stifled by initiating criminal proceedings: SC quashed the FIR against Shillong Times editor Patricia Mukhim over a FB post Decided on 25th March, 2021 Patricia Mukhim v. State of Meghalaya & ors. 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

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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An action under Section 7 of IBC can be initiated by the financial creditor against a corporate person concerning guarantee offered by it in respect of a loan account of the principal borrower,.......

Evaluation criteria set by the Army for women engaged on Short Service Commissions seeking Permanent Commissions is arbitrary and irrational. SC held that benchmarking these officers with the.........

Unless free speech affects the public order it cannot be stifled by initiating criminal proceedings: SC quashed the FIR against Shillong Times editor Patricia Mukhim over a FB post

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.....