Search Results for "Government Resolution 2024"

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Supreme Court Partially Allows Appeal in Recovery Suit Against Sick Industrial Company — Suspension of Proceedings Under Section 22(1) of SICA Does Not Bar Suit for Unadmitted Debt. High Court's Grant of 24% Compound Interest Reduced to 12% Simple Interest.

The case involves a dispute between Fertilizer Corporation of India Ltd. (FCIL), a public sector undertaking, and M/s Coromandal Sacks Private Limited...

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Bombay High Court Dismisses Petition by Housing Society Challenging Orders Under Section 23(2) of Maharashtra Co-operative Societies Act, 1960. Society's refusal to admit purchaser as member and issue NOC for plot transfer was set aside as applicant fulfilled all eligibility criteria.

The petitioner, The Ichalkaranji Ex-serviceman Housing Society Limited, challenged an order dated 11.02.2025 passed by the Divisional Joint Registrar,...

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NCLAT Larger Bench Holds Shareholder/Promoter is an 'Aggrieved Person' Under Section 61 IBC and Has Locus to Challenge Section 7 Admission Order. The reference resolves conflicting views on maintainability of appeal by shareholder against admission of insolvency petition.

The National Company Law Appellate Tribunal (NCLAT) Chennai Bench, in a larger bench of three members, addressed a reference question: whether a share...