In a recent case of RBL Bank Limited vs. MBL Infrastructures Limited 2017, the National Company Law Tribunal (NCLT) Kolkata Bench has passed on Order with regard to non-defaulting promoters/guarantors who endeavor to save their companies. Herein, the…
READ MOREThe Law Ministry of India has given its concurrence to a draft of Fugitive Economic Offenders Bill, 2017 (Bill)that will give powers to the Government to confiscate property of economic offenders and defaulters who flee India. The Bill…
READ MOREIn a recent case of Macquarie Bank Limited vs. Shilpi Cable Technologies Ltd. 2017 SCC OnLine SC 1493, the Supreme Court has removed two threshold bars to the processing of an application under Section 9 of the Insolvency…
READ MOREOn Thursday, 7th December, 2017 the Delhi High Court in the case of Lalit Mohan Madhan and Ors. vs. Reliance Capital Ltd., held that arbitration and SARFAESI proceedings can be carried simultaneously for recovery of loan arrears. Justice…
READ MOREThe Bombay High Court ruled on Wednesday, 6th December, 2017 in the matter of Neelkamal Realtors Suburban Pvt. Ltd. and Anr. vs. Union of India and Ors., that all provisions of the Real Estate (Regulation and Development) Act…
READ MOREThe National Green Tribunal (NGT) New Delhi has recently heard the matter involving severe environmental damage caused to the flood plains of River Yamuna. The NGT had earlier in 2015 approved the Delhi Jal Board’s project for cleaning…
READ MOREThe Supreme Court, on Thursday, 30th November 2017 issued guidelines to reduce the number of deaths that occur as a result of road accidents and directed States and Union Territories to implement Road Safety Policy dated 2010 with…
READ MORENew Delhi’s air quality deteriorated on 13th November 2017 morning, with poor visibility leading to cancellation of eight trains. A thick cloud of toxic smog 10 times the recommended limit enveloped the national capital, as Government officials struggled to…
READ MOREAccording to creator all men are born equal and are endowed with some basic rights. Some of these rights are right to life and liberty which are the most basic rights but important one. If any person doesn’t…
READ MOREMoody’s Investors Service, a global rating company, is a subsidiary of Moody’s Corporation and has offices across the globe. It is a leading provider of credit ratings, risk analysis and research covering various debt instruments and securities issued…
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