Search Results for "Corporate Insolvency Resolution Process"

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Bombay High Court Allows Appeals by Acquiring Body in Land Acquisition Compensat...
Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Bombay High Court Dismisses Writ Petition Challenging Concurrent Findings in Sui...
Supreme Court Dismisses Appeal in Compulsory Retirement Case Based on Declining ...
Supreme Court Upholds High Court's Determination that Non-Signatory to MoS Not B...

Search Results for "Corporate Insolvency Resolution Process"

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Tribunals

NCLAT Dismisses Appeal Against NCLT Order Refusing Amendment in Section 7 IBC Proceedings — Amendment Sought After Completion of Pleadings and Prior to Admission Not Permitted as It Would Change Nature of Proceedings.

30 Apr 2025

The case involves an appeal filed by Vasavai Power Services Pvt. Ltd. (Corporate Debtor) against an order of the National Company Law Tribunal (NCLT),...

High Court

Bombay High Court Allows Petition in Stamp Duty Classification Dispute — Development Agreement Not a Conveyance Under Article 25 of Maharashtra Stamp Act, 1958. Court holds that a development agreement conferring development rights without transferring ownership is chargeable under Article 5(g-a) and not Article 25.

11 Mar 2025

The petitioner, Suhas Damodar Sathe, filed a Writ Petition under Article 227 of the Constitution of India challenging the order dated 3rd June 2017 pa...

Tribunals

NCLAT Allows Interim Deposit in CIRP Challenge Based on Pre-Existing Dispute. Appellant permitted to deposit Rs. 1 crore pending final decision, subject to outcome of appeal under Section 9 of Insolvency and Bankruptcy Code, 2016.

27 Nov 2024

The case involves an appeal filed by B. Parvathaiah, erstwhile director of Vivin Drugs & Pharmaceuticals Pvt. Ltd., against an order dated 11.01.2024 ...

Tribunals

NCLAT Dismisses Appeal Against Approval of Resolution Plan in CIRP of Tiffins Barytes Asbestos & Paints Ltd. — Challenge to Recall of Order Rejected as Time-Barred and Without Merit.

3 Oct 2024

The appellant, Hero Exports, challenged the order of the National Company Law Tribunal (NCLT), Chennai, dated 12.06.2019 approving the resolution plan...

High Court

Bombay High Court Allows Writ Petition Challenging Wilful Defaulter Declaration — Violation of Natural Justice and RBI Circular Mandates. Declaration set aside as Review Committee failed to provide personal hearing and did not consider petitioner's representation, violating RBI Master Circular on Wilful Defaulters.

11 Mar 2024

The petitioner, Mr. Milind Patel, filed a writ petition challenging his declaration as a wilful defaulter by Union Bank of India (Respondent No. 1). T...

Supreme Court

Supreme Court Dismisses State's Appeal in Gujarat Sales Tax Act Case Due to No Breach of Exemption Conditions and Application of Promissory Estoppel. The assessee was entitled to exemption under Entry No.255(2) of Notification dated 05.03.1992 as raw materials were used in the eligible unit, and subsequent amendments did not retroactively impose liabilities, upholding the principle of promissory estoppel under Section 49(2) of the Gujarat Sales Tax Act, 1969.

21 Jan 2022

The dispute arose from the State of Gujarat's appeal against the High Court's dismissal of its tax appeals, which upheld the Gujarat Value Added Tax T...

Supreme Court

Supreme Court Allows Steel Plant Operation Under Pollution Board Supervision Pending Environmental Clearance Compliance. The Court held that the High Court erred in discontinuing interim orders allowing operation under Board supervision, balancing environmental protection with livelihood concerns.

1 Oct 2021

The case involves Electrosteel Steels Limited, which owns a 1.5 MTPA integrated steel plant in Bokaro, Jharkhand, employing 3,000 regular and 7,000 co...

High Court

Bombay High Court Quashes Sales Tax Notices Against Axis Bank in Liquidation Proceeding — No Liability for Tax Deducted at Source Under MVAT Act After Company's Winding Up. The Court held that the State cannot recover tax from a secured creditor who had no obligation to deduct tax at source under Section 42 of the Maharashtra Value Added Tax Act, 2002, as the deduction obligation arises only when payment is made to the dealer, and after winding up, the Official Liquidator is the proper authority.

7 Mar 2017

The petitioner, Axis Bank Ltd., a banking company, filed a writ petition under Article 226 of the Constitution of India before the Bombay High Court s...

High Court

Bombay High Court Allows Winding Up Petition Against Varun Global Limited for Non-Payment of Loan Debt. Life Insurance Corporation of India Succeeds in Proving Company's Inability to Pay Debts Under Sections 433(e) and 434 of the Companies Act, 1956.

23 Dec 2016

The petitioner, Life Insurance Corporation of India (LIC), filed a company petition under Sections 433(e) and 434 of the Companies Act, 1956, seeking ...

High Court

Bombay High Court Grants Interim Injunction Restraining BCCI from Terminating IPL Franchise Agreement with Deccan Chronicle Holdings Limited. Court Holds Termination Notice Invalid for Not Providing 30-Day Cure Period Under Clause 11.1 of Franchise Agreement.

1 Oct 2012

The petitioner, Deccan Chronicle Holdings Limited (DCHL), filed a petition under Section 9 of the Arbitration and Conciliation Act, 1996, seeking to r...

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