In a reference of a case V. Padamakumar vs. Stressed Assets Stabilization Fund (SASF) & Anr [CA (AT)(Ins)No. 57/2020] (V. Padma Kumar Case) by the Three Members Bench to the Five Members Bench of National Company Law Appellate…
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The #DelhiHighCourt has in a recent case of Reena Gambhir Vs Central Bank of India and Ors. (W.P.(C) 10276/2020 & W.P.(C) 10325/2020) passed a Judgement dated 22.12.2020 upholding the decision of #Debt Recovery Appellate Tribunal (#DRAT) and stating…
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The Three Judge Bench of the Hon’ble Supreme Court of India comprising of Justices Dr. Dhananjaya Y Chandrachud, Indu Malhotra and Indira Banerjee passed an Order dated 14-12-2020 in the case of DLF Home Developers Ltd. and Another…
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The Special Judge (SPE/CBI), Thiruvananthapuram has passed a verdict in the infamous #SisterAbhaya #Murder case, namely, Central Bureau of Investigation (CBI), ACB, Cochin vs Father Thomas Kottoor and Sister Sephy. The Special #CBI Court passed a Judgment dated…
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The object of the #Arbitration and Conciliation Act, 1996 (the ‘Act, 1996’) is to provide an #alternative redressal mechanism to resolve the #disputes and to reduce the intervention and burden on the #courts in India. However, the Act…
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Justice Fali S. Nariman has stated in a speech at the inauguration function of the Indian Study Centre at the George Washington University Law School in 2009 that,“ Indian sentiment (encouraged by the fraternity of lawyers) simply abhors…
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The Three Judge Bench of the Hon’ble Supreme Court of India comprising of J. Dr. Dhananjaya Y Chandrachud, J. Indu Malhotra and J. Indira Banerjee passed a Judgment dated 15.12.2020 in the case of Smt. S Vanitha v….
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The Supreme Court has in a recent case of Samir Agrawal vs Competition Commission of India and Others passed a Judgment dated 15-12-2020 and held #Ola and #Uber #Cab Aggregator Companies not guilty of facilitating #cartelization or anti-competitive…
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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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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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