February 13, 2021 In Blog, Uncategorized

LOK SABHA PASSES ARBITRATION AND CONCILIATION (AMENDMENT) BILL, 2021

The Lok Sabha has passed the #Arbitration and Conciliation (Amendment) Bill, 2021 (the Bill). The Bill which was introduced in the #LokSabha on February 4, 2021 by Law Minister Ravi Shankar Prasad seeks to #amend the Arbitration and…

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February 6, 2021 In Blog, Uncategorized

SUPREME COURT HOLDS MONEY LAUNDERING HAS TO BE RECORDED UNDER THE PREVENTION OF MONEY LAUNDERING ACT, 2002

The Three Judge Bench of the Hon’ble #SupremeCourt of India comprising of Justices S.A. Bobde, A.S.Bopanna and V. Ramasubramanian passed a Judgment dated 03.02.2021 in the case of OPTO Circuit India Ltd. v. Axis Bank & Ors. {CRIMINAL…

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February 6, 2021 In Blog, Uncategorized

SUPREME COURT HOLDS COLLUSIVE AND SHAM TRANSACTIONS WITH CORPORATE DEBTOR NOT CONSIDERED AS FINANCIAL DEBT

The Three Judge Bench of the #SupremeCourt has in a recent case of Phoenix Arc Private Limited vs Spade Financial Services Limited & Ors. passed a Judgment dated 01-02-2021 and held that firstly, as the Respondents are not…

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February 1, 2021 In Blog, Uncategorized

Union Budget 2021-22: The Road Ahead in Difficult Times

The #FinanceMinister, Smt. Nirmala Sitharaman has presented the #UnionBudget 2021-22 on 01-02-2021. Possibly this was one of the toughest Budgets to plan in the wake of COVID-19. Please find below the Presentation on Highlights of the Union Budget…

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January 31, 2021 In Blog, Uncategorized

DELHI HIGH COURT REFUSES INJUNCTION AGAINST FILM ‘THE WHITE TIGER’

The #DelhiHighCourt has in a recent case of Mr. John Hart Jr. and Anr. vs Mr. Mukul Deora and Others, passed a Judgment dated 21-01-2021 and reiterated the principles of grant and refusal of #injunction, especially, in cases…

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January 30, 2021 In Blog, Uncategorized

SUPREME COURT HOLDS THAT HOME BUYERS CAN FILE INSOLVENCY PROCEEDINGS IF THEY CONSIST OF TEN PERCENT OF THE ALLOTTEES IN THE PROJECT

The Three Judge Bench of the Hon’ble #SupremeCourt of India comprising of Justices Rohinton Fali Nariman, Navin Sinha and K.M. Joseph passed a Judgment dated 19-01-2021 in the case of Manish Kumar v. Union of India and Another…

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January 30, 2021 In Blog, Uncategorized

WHETHER A COMPANY PURCHASING A COMMERCIAL SPACE IS A CONSUMER UNDER THE CONSUMER PROTECTION ACT

Recently, the National Consumer Redressal Commission, New Delhi (‘NCDRC’) in the case of Freight System (India) (P) Ltd. v. Omkar Realtors and Developers (P) Ltd., (Consumer Case No. 886/2020), vide its Judgment dated 25.01.2021 held that a company…

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January 25, 2021 In Blog, Uncategorized

SUPREME COURT HOLDS THAT ORDER OF DISMISSAL OF A WORKMAN CANNOT BE SET ASIDE EVEN IF DISCIPLINARY PROCEEDINGS ARE NOT CONDUCTED

The Three Judge Bench of the Hon’ble #SupremeCourt of India comprising of Justices L. Nageswara Rao, Navin Sinha and Indu Malhotra passed a Judgment dated 20-01-2021 in the case of State of Uttarakhand & Ors. v. Smt. Sureshwati…

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January 23, 2021 In Blog, Uncategorized

SUPREME COURT HOLDS THAT WILFUL AND DELIBERATE DISOBEDIENCE OF ANY COURT’S ORDER LEADS TO CONTEMPT PROCEEDINGS

As per the Contempt of Courts Act, 1971, a #Civil #Contempt Petition can be filed by an #aggrieved party when there is a wilful, intentional, and deliberate disobedience or #breach of any directions, judgment, order or judicial processes….

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January 23, 2021 In Blog, Uncategorized

DELHI DISTRICT COURT HOLDS AAP LEADER SOM NATH BHARTI AND ASSOCIATES GUILTY OF COMMITTING CRIMINAL OFFENCE

The Rouse Avenue #DistrictCourt, #NewDelhi has passed a recent Judgment dated 22-01-2021 in State vs. Som Nath Bharti and Others and held the Aam Aadmi Party (#AAP) Leader and Member of Legislative Assembly (#MLA), Mr. Som Nath Bharti…

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