December 23, 2017 In Blog, Uncategorized

SUPREME COURT REMOVES TWO THRESHOLD BARS UNDER THE INSOLVENCY AND BANKRUPTCY CODE 2016

In 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…

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December 18, 2017 In Blog, Uncategorized

ARBITRATION AND SARFAESI PROCEEDINGS CAN BE CARRIED SIMULTANEOUSLY FOR RECOVERY OF LOAN ARREARS

On 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…

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December 18, 2017 In Blog, Uncategorized

BOMBAY HIGH COURT UPHOLDS THE VALIDITY OF REAL ESTATE (REGULATION AND DEVELOPMENT) ACT

The 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…

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December 14, 2017 In Blog, Uncategorized

NATIONAL GREEN TRIBUNAL IMPOSES PENALTY FOR POLLUTING RIVER YAMUNA

The 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…

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December 2, 2017 In Blog, Uncategorized

SUPREME COURT ISSUES DIRECTIONS ON ROAD SAFETY

The 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…

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November 24, 2017 In Blog, Uncategorized

SUPREME COURT CONTINUES TO BAN PETCOKE, FURNACE OIL IN UP, RAJASTHAN AND HARYANA DUE TO HIGH TOXIC AIR POLLUTION IN DELHI

New 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…

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November 23, 2017 In Blog, Uncategorized

SUPREME COURT ON JAIL AND JAIL SYSTEM IN INDIA

According 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…

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November 21, 2017 In Blog, Uncategorized

INDIA’S CREDIT WORTHINESS RATING BY MOODY’S INVESTORS SERVICE

Moody’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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November 21, 2017 In Blog, Uncategorized

DEFAMATION

Defamation is an injury to the reputation of a person. A defamatory statement is a statement calculated to expose a person to hatred, contempt or ridicule, or to injure him in his trade, business, profession, calling or office,…

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November 13, 2017 In Blog, Uncategorized

AARUSHI MURDER CASE: ALLAHABAD HIGH COURT ACQUITS TALWAR COUPLE FOR INSUFFICIENT EVIDENCE

There is a strong possibility that (the) incident was caused by some outsider,” a bench comprising justices BK Narayana and AK Mishra said, upholding the Talwars’ appeal against the CBI court verdict. The Allahabad High Court on Thursday,…

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