Search Results for "default dismissal"

1819 result(s) found

Scroll Down To Discover

Found 1819 result(s)

© Image Copyrights Juris Services & Technology

Supreme Court Dismisses Appeal in Insolvency Case Due to Lack of Financial Creditor Status. Interest-Free Term Loan Does Not Qualify as Financial Debt Under Section 5(8) of the Insolvency and Bankruptcy Code, 2016 as It Lacks Consideration for Time Value of Money.

The appeal arose under Section 62 of the Insolvency and Bankruptcy Code, 2016 (IBC) against the dismissal by the National Company Law Appellate Tribun...

© Image Copyrights Juris Services & Technology

Bombay High Court Allows Cross Objection Despite Dismissal of Main Appeal for Non-Removal of Office Objections. Cross Objection under Section 253(4) of Income Tax Act, 1961 is an independent proceeding and does not abate with dismissal of appeal.

The case involves a Cross Objection filed by Cipla Limited (the assessee) under Section 253(4) of the Income Tax Act, 1961, in response to an Income T...

© Image Copyrights Juris Services & Technology

NCLAT Dismisses Appeal of Operational Creditor in Insolvency Case Due to Defective Demand Notice and Limitation Bar. Section 9 Application Under I&B Code Fails as Date of Default is Later Than Demand Notice and Invoices are Time-Barred.

The Appellant, M/s. Metals and Metal Electric Private Limited, an operational creditor, filed an application under Section 9 of the Insolvency and Ban...

© Image Copyrights Juris Services & Technology

Gujarat High Court Allows Restoration of Suit Dismissed for Default Due to Counsel's Negligence. Negligence of Advocate Constitutes Sufficient Cause for Condonation of Delay Under Section 5 of Limitation Act, 1963 and Order 9 Rule 13 CPC.

The petitioners, legal representatives of Sardar Himmatbhai Khokar, filed a Regular Civil Suit No.794 of 2002 seeking cancellation of a sale deed date...

© Image Copyrights Juris Services & Technology

High Court of Bombay Upholds Reinstatement of Bank Employee in Disciplinary Matter — Full Back Wages Awarded for Flawed Inquiry. Syndicate Bank's Dismissal of Clerk for Alleged Misconduct Set Aside as Inquiry Was Vitiated by Bias and Non-Supply of Documents.

The petitioner, Syndicate Bank, a nationalised bank, challenged the Part-I Award dated 28.5.2003 and Part-II Award dated 7.9.2010 passed by the Centra...

© Image Copyrights Juris Services & Technology

Bombay High Court Dismisses Appeal in Specific Performance Suit — Agreement Not Proved and Time Not Essence. Plaintiff failed to establish execution of agreement for sale and readiness and willingness to perform, leading to dismissal of suit for specific performance.

The appellant, Shaikh Hidayat, filed a suit for specific performance of an agreement for sale of property admeasuring about 11920 sq. mtrs. at Borda, ...

© Image Copyrights Juris Services & Technology

Supreme Court Dismisses Power Trust's Appeal Against CIRP Initiation for Appellant(s), Upholds NCLAT Order Admitting Section 7 IBC Application Due to Default and Non-Compliance with Restructuring Conditions

The Supreme Court dismissed an appeal challenging the initiation of corporate insolvency resolution process (CIRP) against Hiranmaye Energy Ltd. under...

© Image Copyrights Juris Services & Technology

Company Appeal (AT) (Insolvency) No. 1422 of 2024

...