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NCLAT Considers Appeal Against NCLT Order Dismissing Application to Prevent Deduction from Resolution Plan Payout in CIRP of Amtek Auto Limited. CoC's Commercial Wisdom Under IBC and Permissibility of Deduction for Pre-CIRP Recoveries Examined by Appellate Tribunal.

(1) Background: The appeal arises from the Corporate Insolvency Resolution Process (CIRP) of M/s. Amtek Auto Limited, initiated on 24 July 2017 on an ...

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Bombay High Court Stays Tender Process for DPD Transport Solution — Transporters' Association and Importer Challenge Monopolistic Selection. Interim Order Prevents JNPT from Proceeding with Tender for Selection of Five Transporters, Protecting Existing Rights Pending Final Hearing.

The dispute arose from a tender notice dated 23 March 2017 issued by the Jawaharlal Nehru Port Trust (Respondent No. 2) for selection of transporters ...

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Bombay High Court Upholds Conviction of Company and Directors in Cheque Dishonour Case Under Section 138 r/w 141 of Negotiable Instruments Act, 1881. Directors' Claim of Not Being In Charge of Business at Time of Cheque Issuance Fails to Rebut Presumption of Liability Under Section 141.

The case involves a criminal revision application filed by M/s. Jaimin Jewelery Exports Pvt. Ltd. (Accused No.1) and its directors, Gautam Mehta (Accu...

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Supreme Court Dismisses Mumbai Municipal Corporation's Plea for Extension of Time to Close Illegal Dumping Sites Due to Persistent Non-Compliance with MSW Rules. Non-Compliance Justified Imposition of Restrictions on New Construction Permissions to Enforce Environmental Obligations.

The judgment arises from a civil application filed by the Municipal Corporation of Greater Mumbai in a disposed of Public Interest Litigation (PIL No....

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Karnataka High Court Division Bench Hears Builder's Appeal Against Single Judge's Order Partly Quashing Stop Construction Notice and Directing Objections Under KIAD Act. The Full Bench Reserves Judgment on 06-02-2014, but the Final Decision is Not Available in the Provided Incomplete Text.

The case involves writ appeals filed by M/s Century Central, a registered partnership firm, challenging the order dated 02/07/2013 passed by a learned...

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Supreme Court Clarifies Scope of Merger Control Disclosure Obligations and Limits of CCI's Powers After Approval. The Court Emphasizes That CCI's Authority Must Be Traced to the Act and That Disclosure Must Present the Transaction in Substance.

The case arises from an appeal under Section 53T of the Competition Act, 2002, filed by Amazon.com NV Investment Holdings LLC before the Supreme Court...