December 16, 2020 In Blog, Uncategorized

NCLT HOLDS ENHANCED MINIMUM THRESHOLD OF RS 1 CRORE NOT APPLICABLE TO DEFAULTS BEFORE PANDEMIC

The Government of India vide Notification S.O. 1205 (E) dated 24.03.2020 (“Notification“) raised the minimum #threshold of #default amount to Rs. 1 Crore, from the earlier amount of Rs. 1 Lakh, in order to trigger Corporate Insolvency Resolution…

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December 14, 2020 In Blog, Uncategorized

CRYPTOCURRENCY CRIMES IN INDIA

In recent times, #CryptoCrimes have occupied a fair share of space in newspaper columns. As per Reddit, Investopedia and Indian Express some of the interesting headlines are as follows: “India’s Bitcoin boom is fueling a surge in cryptocurrency…

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December 14, 2020 In Blog, Uncategorized

SUPREME COURT DISALLOWS RESERVATION FOR IN-SERVICE DOCTORS IN SUPER SPECIALITY MEDICAL COURSES FOR 2020-2021

A Three Judge Bench of the Hon’ble Supreme Court of India comprising of Justices Nageswara Rao, Hemant Gupta and Ajay Rastogi passed an Interim Order dated 27.11.2020 in the case of Dr. Prerit Sharma & Ors. v. Dr….

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December 7, 2020 In Blog, Uncategorized

SUPREME COURT HOLDS THAT DISMISSAL OF SPECIAL LEAVE PETITION IS OF NO CONSEQUENCE ON QUESTION OF LAW

Recently, three Judges Bench of the Supreme Court in the case of Inderjit Singh Sodhi And Others v. The Chairman, Punjab State Electricity Board and Another [Civil Appeal No. 3837/2020], vide its #Judgment dated 03.12.2020 held that the…

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December 5, 2020 In Blog, Uncategorized

SUPREME COURT REJECTS MS. CHANDA KOCHHAR’S APPEAL AGAINST THE TERMINATION OF HER SERVICE BY ICICI BANK

A Two-Judge Bench of the Supreme Court comprising of Justices S.K. Kaul and Dinesh Maheshwari, by its recent order dated 01.12.2020 in the case of Chanda Deepak Kochhar vs. ICICI Bank Ltd and Anr. [SLP NO.13651/2020] arising out…

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December 5, 2020 In Blog, Uncategorized

SUPREME COURT HOLDS THAT EMPLOYEES PROVIDENT FUND ACT APPLIES TO PRIVATE SECURITY AGENCIES

The provisions of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (‘EPF’ Act) are applicable to establishments employing 20 or more persons or class of such establishments, which the Central Government may notify. Recently, two Judges Bench…

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December 5, 2020 In Blog, Uncategorized

SUPREME COURT HOLDS THAT VICTIMS OF HUMAN RIGHTS VIOLATIONS HAVE A RIGHT TO THE CCTV FOOTAGE OF INTERROGATION

The Three Judge Bench of the Hon’ble Supreme Court of India comprising of Justices R.F. Nariman, K.M. Joseph and Aniruddha Bose passed a Judgment dated 02.12.2020 in the case of Paramvir Singh Saini v. Baljeet Singh & Others…

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December 1, 2020 In Blog, Uncategorized

SUPREME COURT HOLDS TRANSFER OF WINDING UP PROCEEDINGS TO NCLT CAN BE SOUGHT BY ANY CREDITOR OF THE CORPORATE DEBTOR

One of the objectives of the #Insolvency and Bankruptcy Code 2016 (‘#IBC’) is to reorganize insolvent Corporate Persons, Partnership Firms and Individuals in a time-bound manner for maximization of value of assets of such persons.   The Three-Judges…

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November 28, 2020 In Blog, Uncategorized

IS THE ‘DELHI CHALO’ PROTEST JUSTIFIED?

On 26-11-2020, a movement was started by the farmers against the three contentious Farm Laws promulgated by the Centre. As part of the ‘#Delhi Chalo’ Protest or the ‘head towards Delhi’, thousands of #Farmers from Punjab, Haryana, Rajasthan…

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November 28, 2020 In Blog, Uncategorized

SUPREME COURT RETERIATES THAT RIGHT TO PROPERTY IS A VALUABLE CONSTITUTIONAL RIGHT

The object of the Requisitioning and Acquisition of Immovable Properties Act, 1952 (‘the Act’) was to enable the Union of India (‘Union’) to requisition or acquire immovable property if the competent authority was of the opinion that any…

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