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Bombay High Court Allows Petition in Land Ceiling Case Due to Limitation Bar. Suo Motu Revision Under Section 45(2) of Maharashtra Agricultural Land (Ceiling on Holdings) Act, 1961 Initiated Beyond Three-Year Period Is Without Jurisdiction.

The petitioner, Ghanshyam Tukaram Solunke, was an original land holder in proceedings under the Maharashtra Agricultural Land (Ceiling on Holdings) Ac...

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Supreme Court Allows Appeal in IBC Section 7 Application — Cumulative Redeemable Preference Shares Held as Debt, Not Investment. The Court held that CRPS constitute a debt under Section 3(11) of IBC, 2016, and the appellant is a financial creditor entitled to file an application under Section 7.

The appeal arises from the dismissal of the appellant's application under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) by the NCLT and ...