SC: NOT INCLINED TO INTERFERE WITH THE DECISION OF CoC OF DHFL TO COMMENCE LENDING OPERATIONS
- By: Prakul Thadi
- Supreme Court
- Feb 4
- Comments (0)
The Supreme Court rejected the plea of depositors of DHFL and opined that it is not inclined to interfere with the decision of CoC. This article is an attempt to explore FRDI Bill assuming DHFL is being resolved under FRDI.
Read More“GOVERNING LAW” CLAUSE OF AN AGREEMENT CANNOT RESTRICT THE JURISDICTION OF NCLT: NCLAT
- By: Prakul Thadi
- NCLAT
- Dec 13
- Comments (0)
“GOVERNING LAW” CLAUSE OF AN AGREEMENT CANNOT RESTRICT THE JURISDICTION OF NCLT: NCLAT CASE SUMMARY EXCEL METAL PROCESSORS LIMITED – Appellant Vs BENTELER TRADING INTERNATIONAL GMBH AND ANR. – Respondents (Company Appeal (AT) (Insolvency) No. 782 of 2019) Judgment dated 21.08.2019 by Justice S. J. Mukhopadhaya and Justice A.I.S. Cheema 1. Issue in Consideration: Whether the
Read MoreNCLT HAS THE POWER TO EXCLUDE THE PERIOD OF DELAY IN APPOINTING THE “RP” IN PLACE OF THE “IRP”: NCLAT
- By: Prakul Thadi
- Resolution Appicant
- Dec 13
- Comments (0)
NCLT HAS THE POWER TO EXCLUDE THE PERIOD OF DELAY IN APPOINTING THE “RP” IN PLACE OF THE “IRP”: NCLAT CASE SUMMARY Mrs. Vandana Garg – Appellant vs Reliance Capital Ltd. & Anr. – Respondent (Company Appeal (AT) (Insolvency) No. 603 of 2019) Order dated July 2, 2019 by Justice S.J. Mukhopadhaya (Chairperson), Justice A.I.S.
Read MoreMONEY RECEIVED AS LOAN WITH REGARD TO FUTURE SUPPLIES OF MATERIAL BE TREATED AS FINANCIAL DEBT: NCLAT
- By: Prakul Thadi
- NCLAT
- Dec 13
- Comments (0)
MONEY RECEIVED AS LOAN WITH REGARD TO FUTURE SUPPLIES OF MATERIAL BE TREATED AS FINANCIAL DEBT: NCLAT CASE SUMMARY Gaurav Agrawal, Director M/s. Albus India Ltd. – Appellant vs M/s Tuf Metallurgical (P) Ltd. & M/s Albus India Ltd. – Respondents (Company Appeal (AT) (Ins) No.212 of 2019) Order dated September 4, 2019 by
Read MorePF, PENSION AND GRATUITY CANNOT BE CONSIDERED AS LIQUIDATION ESTATE UNDER IBC: NCLAT
- By: Prakul Thadi
- State Bank of India
- Dec 13
- Comments (0)
PF, PENSION AND GRATUITY CANNOT BE CONSIDERED AS LIQUIDATION ESTATE UNDER IBC: NCLAT CASE SUMMARY STATE BANK OF INDIA – Appellant vs MOSER BAER KARAMCHARI UNION & ANR – Respondent (COMPANY APPEAL (AT)(INSOLVENCY) NO. 396 of 2019) Order dated 19.08.2019 by Justice S.J.MUKHOPADHAYA and Justice A.I.S. CHEEMA 1. Issue in Consideration Whether the provident fund,
Read MoreTRADE UNION IS AN OPERATIONAL CREDITOR UNDER IBC : SUPREME COURT
- By: Prakul Thadi
- Trade Union
- Dec 13
- Comments (0)
TRADE UNION IS AN OPERATIONAL CREDITOR UNDER IBC : SUPREME COURT CASE SUMMARY JK JUTE MILLS MAZDOOR MORCHA (TU)—Appellant vs JUGGILAL KAMLAPAT JUTE MILLS COMPANY LIMITED —Respondent (CIVIL APPEAL NO.20978 of 2017) Judgment dated 30.04.2019 by Justice R.F. Nariman And Justice Vineet Saran 1. Issue in Consideration: This appeal addresses an important question of law
Read MoreWHY DID UK PM THERESA MAY RESIGN?
WHY DID UK PM THERESA MAY RESIGN? Mrs. Theresa Mary May graduated from the St Hugh’s College, Oxford in the year 1977. May made her political entrance after being elected to be the Member of Parliament (MP) for Maidenhead in the year 1997. After a 13 year journey in UK politics she served as the
Read MoreLIMITED LIABILITY PARTNERSHIP: PROCEDURE FOR FORMATION
- By: Prakul Thadi
- LLP
- Dec 13
- Comments (0)
LIMITED LIABILITY PARTNERSHIP: PROCEDURE FOR FORMATION LIMITED LIABILITY PARTNERSHIP: PROCEDURE FOR FORMATION A Limited Liability Partnership is a body corporate formed and incorporated under the Limited Liability Partnership Act, 2008 and is a legal entity separate from that of its partners and has perpetual succession. Process of Registration as LLP Step 1: Obtain Digital Signature
Read MoreBENEFIT OF DOUBT IN FRIVOLOUS INVESTIGATION ACCRUES IN FAVOUR OF THE ACCUSED: SUPREME COURT IN STATE OF UTTAR PRADESH V. WASIF HAIDER & ORS.
- By: Prakul Thadi
- Virtualaw
- Dec 13
- Comments (0)
BENEFIT OF DOUBT IN FRIVOLOUS INVESTIGATION ACCRUES IN FAVOUR OF THE ACCUSED: SUPREME COURT IN STATE OF UTTAR PRADESH V. WASIF HAIDER & ORS. “The accused cannot be expected to relinquish his innocence at the hands of an inefficacious prosecution, which is ridden with investigative deficiencies” the Supreme Court laid down in a recent judgement
Read MoreSEBI ISSUES CIRCULARS FOR MORE DISCLOSURES BY LISTED ENTITIES
- By: Prakul Thadi
- SEBI
- Dec 13
- Comments (0)
SEBI ISSUES CIRCULARS FOR MORE DISCLOSURES BY LISTED ENTITIES The Securities and Exchange Board of India (SEBI) vide its Circulars dated November 13, 2018 and November 19, 2018 brought in more disclosure requirements by Listed Entities in India as briefed below: Circular dated November 13, 2018 As per Part C of Schedule V of the
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