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'Creditors can't seek claims beyond okayed resolution plan'Creditors seeking duplicate recoveries from group companies after a resolution plan is finalized will be disappointed, the NCLT ruled. JM F...- Delhi HC asks CAT to re-examine plea challenging Forest Service exam answer keyThe Delhi High Court has directed the Central Administrative Tribunal (CAT) to re-examine a Forest Service exam candidate's challenge to th...
- Pakistan hikes petroleum levy on petrol, diesel; keeps retail prices unchangedPakistan's government has increased the petroleum levy on petrol and diesel, keeping retail prices steady despite falling international oil...
- Homebuyer suspected poor quality construction; TNREAT allows independent engineer audit despite builder’s objectionHomebuyers have won a significant victory in Tamil Nadu, with the Real Estate Appellate Tribunal (TNREAT) allowing them to appoint independ...
- Adani Ports emerges top contender for Karanja Terminal takeoverAdani Ports is poised to acquire Karanja Terminal & Logistics, with creditors endorsing its ₹625-crore recovery plan. The nation's top port...
- Mumbai IT professional claims Rs 3.91 lakh TDS, gets only Rs 79,000 and Rs 3.36 lakh tax demand as employer failed to deposit tax; here's what happened nextITAT Mumbai found that full TDS credit has not been granted since assessee’s employer has deducted TDS but has not remitted the same to the...
- Senior citizen mistakenly paid tax on tax-free VRS compensation; wins complete relief from ITAT Chennai on this groundA senior citizen wrongly paid tax on Rs 24 lakh retrenchment compensation received under a BSNL Voluntary Retirement Scheme. Despite a sign...
- NCLT approves Mantra Properties’ resolution plan for stalled project in WorliThe NCLT Mumbai Bench has approved Pune-based Mantra Properties & Developers’ resolution plan to revive a stalled Worli residential project...
- ITAT: Accrued interest component on non-convertible debentures sales is taxable as interest incomeThe ITAT has held that the accrued interest component embedded in sale proceeds from non-convertible debentures cannot automatically be tre...
- West Bengal: SC allows petitioner to approach Calcutta HC with plea over exclusion from ration listThe Supreme Court has permitted a petitioner to take his plea to the Calcutta High Court, alleging that individuals excluded from West Beng...
- UK tribunal gives go ahead for $4 billion lawsuit against Apple over iCloud servicesBritain's competition tribunal has just sanctioned a major £3 billion lawsuit against Apple related to its iCloud service. Led by consumer ...
- Jindal Poly Films row reaches SC again as minority investors seek revival of class action suitMinority shareholders of Jindal Poly Films have approached the Supreme Court, seeking to revive India's first corporate class action suit. ...
- NCLT posts Byjus-Aakash hearing for July 16 as parties seek time for settlementAakash Educational Services and Think & Learn's resolution professional requested a delay in NCLT proceedings, citing advanced settlement t...
- Bajaj Capital appoints Jai Bajaj as MD & CEOBajaj Capital has appointed Jai Bajaj as its new Managing Director and CEO, marking a pivotal moment for the 60-year-old firm. The company ...
- SREI Finance withdraws plea against Nirmal Lifestyle Mulund’s revival plan at appellate tribunalA key creditor has withdrawn its appeal against Nirmal Lifestyle's resolution plan after the buyer, Mantra Properties, clarified a disputed...
- Byju’s-Aakash settlement talks enter final stretch ahead of NCLT hearingSettlement talks are underway between Manipal Education and Medical Group and GLAS Trust, representing Byju's US lenders, to resolve the Aa...
- PMK opposes new tribunal on Mekedatu dam issue, urges TN Government to withdraw proposalPMK leader Anbumani Ramadoss has strongly opposed the Tamil Nadu Assembly's resolution seeking a tribunal for the Mekedatu dam issue. He wa...
- SC says 75-year-old lawyer 'prima facie entitled' to be on Bengal voter roll after SIR exclusionThe Supreme Court has indicated a 75-year-old lawyer, excluded from West Bengal's voter list, likely deserves inclusion. Hearing his plea, ...
- Expedite decision on lawyer's plea against deletion from voter list after Bengal SIR: SC to tribunalThe Supreme Court has directed an appellate tribunal to expedite the decision on an advocate's appeal challenging his name's deletion from ...
- India's Bimal Patel elected UN's ITLOS tribunal judgeThe election was held within the framework of the 36th Conference of States Parties to the United Nations Convention on the Law of the Sea ...
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