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LEGAL RIGHTS AFTER FOREIGNERS TRIBUNAL ORDER
Supreme Court dismisses BDPL's plea, brings one of India's longest-running corporate disputes to endThe Supreme Court dismissed Bhagwati Developers’ appeal against the NCLAT judgment, bringing finality to a more than three-decade corporate...
- Why the next Atmanirbhar challenge for Indian business may be arbitration
As India experiences significant economic growth, there is a call to address overseas commercial disputes on home soil. Traditionally, Indi...
NCLT approves Shree Naman's Rs 1,800 cr bid for Gstaad, Neo HotelsThe bankruptcy court in Mumbai has greenlit Shree Naman Developers' ambitious acquisition valued at ₹1,800 crore for two hotel establishmen...
Woman went on maternity leave as a manager returned to a find a clerk role waiting for her and her team gone; Court orders employer to pay her Rs 10 lakhDelhi High Court has ordered HashiCorp to pay Rs 10 lakh compensation to Rakhi Bisht, a Chartered Accountant who returned from maternity le...
NCLAT sets aside Zaveri Group's bid for Gujarat Hydrocarbons and Power SEZThe NCLAT has overturned Zaveri Group's resolution plan for GHPSL. This decision mandates a restart of the insolvency process with new bids...
US judge blocks Trump's newest order limiting birthright citizenshipA federal judge blocked an executive order limiting birthright citizenship. This order targeted "birth tourism" and children of foreign gov...
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...
Subhash Chandra insolvency case: NCLAT defers hearing to October 7NCLAT has deferred the insolvency proceedings against Zee founder Subhash Chandra to October 7 after his counsel challenged the constitutio...
Breather for creditors: New NCLT bench stays the approval of a repayment plan proposed by Subhash ChandraA special five-member NCLT bench stayed Subhash Chandra's repayment plan approval. The tribunal also restrained the Essel Group founder fro...
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...
Daiichi-Ranbaxy case: Delhi HC orders forensic audit into transactions of Fortis, Singh brothersThe Delhi High Court has appointed a forensic auditor to examine transactions. This audit aims to trace the dissipation of Fortis Healthcar...
Dubai-based homebuyer cancels 2 Mumbai flats after long delay, but builder kept him waiting for refund and wanted to deduct charges: MahaREAT orders full refund + Rs 1.33 crore in interestDubai based homebuyers books two flats in Mumbai from Dubai office in Sheikh Zayed Road of Sion, Mumbai based builder; but builder delays p...
NCLT forms 5-member special bench to decide Zee founder Subhash Chandra’s Rs 22,006-crore repayment planThe NCLT has constituted a five-member special bench to resolve the deadlock over Zee founder Subhash Chandra’s repayment plan after three ...
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...
Sintex Industries: NCLAT upholds clean slate principle, rejects shareholder's plea for compensationIn a critical ruling, the National Company Law Appellate Tribunal (NCLAT) upheld the clean slate principle enshrined in the Insolvency and ...
ITAT rejects tax department’s FTS, royalty claims on Spencer Stuart’s executive search feesThe income-tax tribunal ruled in favor of Spencer Stuart International BV. Executive search fees were not treated as technical services und...
Delhi HC raps I-T dept over Rs 53 crore Vodafone Idea refund delayThe Delhi High Court has ordered the income tax department to refund Vodafone Idea ₹53.09 crore. This refund is for assessment years 2003-0...