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Supreme Court Allows Workman's Appeal on Distribution of Company Assets in Liquidation. Holds that Secured Creditors Have Pari Passu Charge Only Over Properties Specifically Charged, Not All Assets; Workmen Have Priority for Uncharged Properties Under Sections 529 and 529A Companies Act, 1956.

The dispute arose from the winding up of U.M.I. Special Steel Limited, a company registered under the Companies Act, 1956. The company became sick, an...

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High Court of Karnataka Quashes Bar Council Notice for Lack of Jurisdiction in Professional Misconduct Complaint — Complaint Filed by Judgment Debtor Against Decree Holder's Advocate Not Maintainable Under Section 35 of Advocates Act, 1961

The petitioner, Sri Paras Jain, an advocate practicing in Bengaluru for 44 years, filed a writ petition under Article 227 of the Constitution of India...