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AEKOM LEGAL
Amber Enterprises shares jump 3% after manufacturing partnership with Oppo IndiaAmber Enterprises India's shares surged after announcing a strategic manufacturing collaboration with Oppo Mobiles India. The partnership w...- No raids till further orders: Maharashtra tells Bombay HC in Patanjali labelling caseThe Maharashtra government has assured the Bombay High Court it will halt raids and confiscations concerning ayurvedic product labels. This...
- Probate granted to Will but criminal court finds the Will to be forged: Affected party can apply for revocation of probateEven if probate is granted for a Will, Indian law allows for its revocation if a criminal court later declares the Will forged. This ruling...
- NCLT dismisses shareholder oppression case against Jindal Poly group companyThe National Company Law Tribunal (NCLT) has dismissed a lawsuit filed by minority shareholders seeking a forensic audit of Universus Photo...
- Jindal Power, Vedanta & 4 others in race for AthenaThe race to acquire Athena Demwe Power, which owns the crucial 1,750-MW Lower Demwe hydroelectric project in Arunachal Pradesh, is heating ...
- Jaypee Group taps global credit funds for Rs 10k crore to bail out flagship firmFacing financial distress, Jaypee Group is seeking ₹10,000 crore in high-cost financing from global credit funds such as Varde Partners, Ar...
- Paying income tax is not enough, you must file the ITR to avoid jail in certain casesITR filing: You must remember to file the ITR by July 31, 2024 and also pay any pending income tax amount (if any). "There are legal provis...
- Mediation and third-party funding can boost insolvency resolution process: NPS Chawla of Aekom LegalNPS Chawla, co-founder of law firm Aekom Legal, in an interaction with ET highlighted the Insolvency & Bankruptcy Code (IBC) 2016’s progres...
- TDS deduction from salary not enough: Salaried employees must file ITR despite tax deducted by employerIncome tax return for salaried: You need to file your income tax return even if you do not need to pay any income tax due to section 87A ta...
- Unclaimed shares moved to IEPF, a govt fund? Here's a step-by-step guide on how to get back sharesUnclaimed shares: If you have found that your shares have been transferred to Investor Education and Protection Fund (IEPF) then do not wor...
- Athena Demwe bid: NCLAT rejects Navayuga Engineering Company's pleaThe National Company Law Appellate Tribunal rejected Navayuga Engineering's appeal against disqualification from bidding for the Athena Dem...
- Bankruptcy court orders liquidation of Mehul Choksi-promoted Gitanjali GemsThe company was originally admitted under the Corporate Insolvency Resolution Process (CIRP) in October 2018. It has admitted liabilities o...
- Bil Energy enters liquidation as it fails to get any revival planLast year in December, the Mumbai-based power sector equipment manufacturer was admitted under the corporate insolvency resolution process ...
- Court accepts plea to dissolve CG Power SolutionsThe tribunal had also allowed the lenders' plea to pursue recovery against the erstwhile promoters under the bankruptcy laws even after the...
- NCLT directs EPC liquidator to include I-T dept's delayed claimLast year, the state tax department moved the Mumbai bench of NCLT seeking to allow a delay of 92 days in filing the claim with the company...
- Amalgam steel's acquisition of topworth gets NCLT nodThe bankruptcy court has approved the acquisition of Topworth Steel and Power Pvt Ltd by Amalgam Steel and Power Limited. Amalgam proposed ...
- Successful resolution seen in 62% realty insolvency casesThe possibility of the government bringing in changes to the code to allow resolution depending on the nature of the projects instead of st...
- Future Retail fails to get any revival plan, lenders to meet soonThe last date for the submission of resolution plans for the company was February 20, but the resolution professional did not receive any p...
- Zee gets breather as NCLAT stays insolvency processThe appellate tribunal has posted the matter for hearing on March 29. Zee Entertainment managing director Punit Goenka on Thursday petition...
- NCLT allows Lotus Auto liquidator’s petition to sell company as a going concernLotus Auto is a manufacturer of cast iron and cast iron components and has a manufacturing facility in Bhiwadi, Rajasthan. The company owes...
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