Madras High Court has granted interim reprieve to two private power companies by staying insolvency proceedings against their stressed assets. Several other firms, meanwhile, are likely to
Category: Legal
Insolvency case: ICICI Bank moves NCLT against JP Associates – The Financial Express
ICICI Bank on Monday filed an insolvency case against Jaiprakash Associates before the Allahabad bench of the National Company Law Tribunal (NCLT), which issued notices
IBC and Companies Act: Accountability of owners – Will the bells toll now? – The Financial Express
Shuchi Dutta & Kaushik Dutta The year is 1982. A young Swraj Paul has just attempted a hostile takeover of DCM and Escorts, two leading
Data protection: The top priority for Indian CEOs – The Financial Express
Atul Gupta A new commodity is spawning a fast growing industry, prompting regulators to step in to restrain those who control its flow. A century
Power NPA case: SC transfers all pleas filed in different HCs to itself | Business Standard News
In a relief to power companies, the Supreme Court on Tuesday transferred all pleas filed before different high courts to itself in power NPAs case. The apex
Joint responsibility – The Hindu BusinessLine
The J&J episode shows up our regulatory flaws In dealing with the global recall of the artificial hip transplants of US-based Johnson and Johnson, India’s
Russia’s VTB Capital-backed Numetal’s second bid for bankrupt Essar Steel valid, rules NCLT – The Financial Express
The National Company Law Appellate Tribunal (NCLAT) on Friday ruled that Russia’s VTB Capital-backed Numetal’s second bid for bankrupt Essar Steel is eligible but gave
Out of my Mind: A grave danger | The Indian Express
The Supreme Court has struck a blow for freedom and equality by getting rid of 377 which was a peculiarly horrid Victorian law making people
From loan default to entertainment tax, here are the key court orders | Business Standard News
SC cautions on interim orders An interim relief which would amount to a final order snuffing out the dispute should not be passed by any
British Airways cyber attack: 380,000 customers hit, carrier ‘deeply sorry’ | Business Standard News
British Airways was forced to apologise on Friday after the credit card details of hundreds of thousands of its customers were stolen over a two-week period
Monetary limit for filing cases in DRT doubled to Rs 20 lakh – The Hindu BusinessLine
The government Thursday doubled the pecuniary limit to Rs 20 lakh for filing loan recovery application in the Debt Recovery Tribunals (DRT) by banks and
British Airways cyber attack: 380,000 customers hit, carrier ‘deeply sorry’ | Business Standard News
via British Airways cyber attack: 380,000 customers hit, carrier ‘deeply sorry’ | Business Standard News
A Ban Too Far by the Supreme Court–Economic Times– [ Supreme Court Ban on Construction Activity in States that do not have Solid Waste Management Policy ]
Suppose an irate headmaster punishes two students for failing to do their homework by barring their neighbours from going to work, and, further, is in
Supreme court admits BEL plea seeking setting aside of part of Tata Steel resolution plan – The Financial Express
Supreme court admits BEL plea seeking setting aside of part of Tata Steel resolution plan The Supreme Court on Tuesday admitted an appeal by Bhushan
Building from waste – The Hindu BusinessLine [ Ban by Supreme Court on construction activity in States that do not have a Solid Waste Management Poliy ]
The construction industry’s gripe against the Supreme Court ban lacks conviction The Supreme Court has created a flutter by staying construction activity in States that
Commercial banks with over 10 branches to have internal ombudsman: RBI | Business Standard News
The Reserve Bank of India (RBI) Monday asked all scheduled commercial banks with more than 10 branches to appoint an internal ombudsman (IO). The apex bank has, however, excluded regional rural banks (RRBs) from
Latest Supreme Court Decisions–From insurance claim to arbitration appeal, here are the key court orders | Business Standard Column
Delay defeats insurance claim If the insurance claim is made late, it can be rejected even if the insurance company had appointed a surveyor to
Banks serving summons to defaulters through WhatsApp, emails – The Economic Times
HDFC BankNSE -0.24 % and other lenders are using WhatsApp and email to pin down defaulters of various kinds, especially those who could slip through the cracks when more traditional
Scrap sedition: Law Commission rightly questions draconian law
Given habitual and wanton misuse of sedition laws by governments, the outgoing Law Commission’s questioning of the law criminalising sedition in the Indian Penal Code
RBI Annual Report: How much is the bank liable if your account gets hacked? Here’s what RBI says–Economic Times
Your bank account hacked? Check where the liability lies Who is liable if you lose money through an unauthorised electronic banking transaction such as a
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