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Supreme Court Upholds NCLAT Decision on Mandatory 75% Voting Share for Resolution Plan Approval Under I&B Code. Financial Creditors' Rejection of Resolution Plan for Kamineni Steel & Power India Pvt. Ltd. and Innoventive Industries Ltd. Leads to Liquidation as Plan Did Not Garner Required Majority.

The Supreme Court of India heard appeals arising from a common judgment of the National Company Law Appellate Tribunal (NCLAT) dated 6 September 2018,...

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Bombay High Court Dismisses Petition Challenging Tender Disqualification for Non-Compliance with Green Building Certificate Condition. Interim IGBC Certificate Does Not Satisfy Requirement of Completed Green Building Project.

The petitioner, Pride Ventures (I) Pvt. Ltd., challenged its disqualification from a tender issued by the Public Works Department for construction of ...

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High Court Dismisses Petition Challenging Tender Condition Requiring Experience in DOT/BSNL/MTNL — Condition Held to Be Reasonable and Not Arbitrary. The court upheld the employer's discretion to set specialized experience requirements for earthing work in telecom exchanges.

The petitioner, Marathwada Radio Communication Systems, challenged a tender condition issued by Bharat Sanchar Nigam Limited (BSNL) for earthing work ...

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Bombay High Court Dismisses Writ Petition Challenging Clubbing of Establishments Under EPF Act. Common Ownership and Same Telephone Number Justify Clubbing for Coverage Under Employees' Provident Funds and Miscellaneous Provisions Act, 1952.

The petitioner, M/s. Kiran Agencies, a proprietary firm engaged in pharmaceutical distribution, challenged the order dated 30.03.2005 passed by the Em...

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Karnataka High Court Pronounces Final Order in Writ Petition Challenging Minutes of Committee of Creditors Meeting under IBC, 2016. Key Issue Involved Adequacy of Notice under Section 24 and Natural Justice in Approval of Resolution Plan.

The writ petitioner, a suspended director of Associate Decor Limited (a company under corporate insolvency resolution process), challenged the minutes...

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The two writ petitions filed by Reliance Jio Infocomm Ltd challenged the vires of Rule 39(1)(a) of the Central Goods and Services Tax Rules, 2017 and ...