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DEBT RECOVERY APPELLATE TRIBUNALS
SC asks Centre to provide details of vacancies in Debt Recovery Appellate TribunalsThe Supreme Court on Monday asked the Centre to provide details of vacancies in tribunals, particularly Debt Recovery Appellate Tribunals, ...- How will tribunals function if no infrastructure? SC directs Centre to identify amenities requiredThe Supreme Court on Monday directed the Centre to urgently identify infrastructure requirements at National Company Law Tribunal benches i...
- Supertech insolvency: NCLAT raises concern over delay in appointing IRP, slippage on deadlineConcerns have been raised by the NCLAT regarding NBCC's significant delays in the construction of Supertech projects, while criticism mount...
- 5 Bangalore landowners formed a partnership firm to develop property, received income tax notice for undisclosed rental income; won relief in ITAT for this reasonBangalore landowners get relief from undisclosed rental income tax notice after proving in ITAT that their partnership firm received the re...
- Arizona man bought a $450,000 home in 2022, then lost it after falling $977 behind on HOA fees — what happened nextAn Arizona man lost his $450,000 Mesa home after falling $977 behind on HOA fees. Toby Newton said he lost his job and was diagnosed with d...
- Dissenting housing society members challenge redevelopment plan citing 10% less area, but lose the case in Maharashtra co-operate appellate court for this reasonTwo members challenged redevelopment plan citing 10% less area with potential Rs 25 to 30 lakh loss; loses case in Maharashtra Co-operative...
- Delhi High Court raps ITAT over Patanjali tax appeals; cites 'undue haste' and 'non-application of mind' in proceedingsThe Delhi High Court criticized the Income Tax Appellate Tribunal for its procedural lapses. The tribunal's actions in a Patanjali Ayurved ...
- Insolvency appeals are time-bound, no leeway beyond 45 days: NCLATThe NCLAT stressed insolvency proceedings are time-bound and appeals must be filed promptly. An appeal against a revival order was rejected...
- Delhi HC quashes seven ITAT orders in Patanjali case, flags 'shocking' procedural lapses and undue hasteThe Delhi High Court has quashed seven orders passed by the Income Tax Appellate Tribunal (ITAT) in a batch of cross-appeals involving Pata...
- SC asks Centre to consider extending tenure of retiring members of tribunalsThe Supreme Court urged the Centre to extend tribunal member tenures temporarily. This measure aims to prevent quasi-judicial bodies from b...
- Jaypee Infratech to invests Rs 3,000 crore in next 2 yrs to complete stalled projectsJaypee Infratech will invest Rs 3,000 crore over two years to complete stalled housing projects. All stuck homebuyers will receive their ap...
- Recovery of bank dues can't end Vijay Mallya's PMLA case: EDThe Enforcement Directorate informed the Bombay High Court about Vijay Mallya's case. It stated that recovering bank dues does not end mone...
- Supreme Court directs SAT to revisit Cairn India buyback caseA Supreme Court bench of Justices JB Pardiwala and KV Viswanathan partly allowed Sebi's appeals against SAT's ruling and asked the tribunal...
- Peerless Roys win 3-decade legal battle for control of 94-year conglomerate after Supreme Court rulingThe Roy family has secured control of the Peerless conglomerate after a long legal dispute. The Supreme Court dismissed a petition, ending ...
- Delhi HC dismisses Railway Compensation claim after ticket found to have been bought hours after train's departureThe Delhi High Court has thrown out a compensation claim related to a man's death after he reportedly fell from a moving train en route fro...
- NCLAT seeks status report on delayed Supertech housing projects by NBCCThe NCLAT has ordered the Supertech committee to file a status report within two weeks. This report will detail construction commencement a...
- NCLT puts Subhash Chandra repayment plan on hold, bars him from alienating propertiesA special NCLT bench issued notices and banned property alienation in Subhash Chandra's insolvency case. The tribunal noted no majority vie...
- NCLT forms 5-member bench to decide on Subhash Chandra's Rs 6.5 crore repayment planA new five-member bench will decide Subhash Chandra's repayment plan. This personal insolvency case involves claims exceeding twenty-two th...
- Subhash Chandra Rs 22,000 cr case: NCLT fails to get majority view on insolvency plan with 99.7 percent haircutSubhash Chandra's insolvency case: A tribunal bench referred the case for fresh adjudication. Lenders opposed a proposed repayment plan off...
- Subhash Chandra's dissenting lenders Canara Bank, Union Bank move NCLAT against NCLT orderDissenting lenders have challenged the NCLT order approving Subhash Chandra's personal insolvency plan. The Essel Group chairman's plan pro...
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