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NCLAT quashes Ligare Aviation's insolvency; loan from Religare Enterprises round-tripping of moneyThe National Company Law Appellate Tribunal has cancelled insolvency proceedings against Ligare Aviation. The tribunal found the National C...- After 50 hearings, court reserves judgement in Daiichi-Fortis caseThe Delhi High Court has reserved its judgment in a significant arbitration case. Japanese drug maker Daiichi Sankyo is seeking to enforce ...
- Deloitte India could lead professional services space soon: Romal ShettyDeloitte India’s leadership believes that the future of professional services will extend beyond traditional offerings to solutions, platfo...
- Shivinder Mohan Singh moves NCLT, files plea for personal insolvencyShivinder Mohan Singh, the former Fortis Healthcare promoter, has sought personal insolvency before the NCLT, citing liabilities exceeding ...
- Delhi court orders attachment of Bikaner HouseA Delhi court has ordered the attachment of Bikaner House, owned by the Nokha municipal council in Rajasthan. The order comes after the cou...
- Daiichi-Singh Brothers Dispute: Delhi HC orders auctioning of Fortis trademarkJustice Sachin Datta passed the order on an application filed by Daiichi Sankyo seeking the sale of the Fortis trademark, owned by RHC Heal...
- Supreme Court rules on forex conversion date to hasten arbitral awardsThe Supreme Court ruled that the date for determining the conversion rate of foreign arbitral awards into Indian rupees is when the award b...
- Arbitral award dispute: HC asks SpiceJet MD Ajay Singh to appear in JanuaryThe Delhi High Court has requested SpiceJet's Managing Director Ajay Singh to appear in January in a dispute over interest dues on an arbit...
- Delhi HC asks SpiceJet, CMD Ajay Singh to file affidavit disclosing assets, revenue collection in a weekThe Delhi High Court on Wednesday allowed Kal Airway's and its promoter Kalanithi Maran's application seeking 50 per cent of the daily reve...
- HC directs SpiceJet to pay Rs 75 cr to Kalanithi Maran towards interest on arbitral awardMaran and Kal Airways had moved the high court over the share-transfer dispute, with SpiceJet demanding that 18 crore warrants redeemable a...
- NCLT cannot exercise power to initiate insolvency proceedings arbitrarily: Supreme CourtThe top court said if a corporate debtor opposes the initiation of insolvency proceedings on the ground that it has a money award in its fa...
- Future Retail: NCLT reserves order on Amazon petition against BoI's insolvency proceedings pleaThe Mumbai bench of the NCLT, headed by Pradeep Narhari Deshmukh and Shyam Babu Gautam, reserved the order on the matter. In April this yea...
- NCLAT stays insolvency proceedings against RHC HoldingA two-member NCLAT bench had admitted an appeal filed by Daiichi Sankyo against an order passed by the National Company Law Tribunal (NCLT)...
- SC upholds Delhi HC order directing DMRC to pay Rs 4,600 cr arbitral award to DAMEPLThe order was passed by a bench of Justices L Nageswara Rao and B R Gavai. The high court on March 10 had directed the DMRC to pay over Rs ...
- High Court issues garnishee notice to Percept Talent in a plea filed by Saurav GangulyGanguly, the current president of the Board of Control for Cricket in India, had moved the court in his personal capacity against Percept T...
- HC seeks Singh brothers' response on Daiichi's plea to sell Fortis and Religare trademarksThe high court has been hearing the petition filed by Japanese pharma major Daiichi Sankyo seeking execution of Rs 3,500 crore Singapore tr...
- Setback for ArcelorMittal: Cayman Island court refuses worldwide freeze on Essar Global FundA Garnishee Order Absolute prevents the garnishee from making repayment of the debt owed to the judgement debtor.
- What if you go broke like Vijay Mallya? Personal bankruptcy decodedWhile bankruptcy filing for corporates is well-organised under the IBC, it isn't as streamlined for individuals.
- Delhi HC directs Malvinder and Shivinder to appear at proceedings in Daiichi's caseThis would be the first time that the Singhs would appear in court in Daiichi's case in India, which has been going on since May 2016.
- Policy on honouring payment commitments need of the hourEvery delayed payment has a chain of further delayed payments and consequent breach of promises. Timely payments have now become crucial in...
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