Search Results for "disbursement"

660 result(s) found

Scroll Down To Discover

Found 660 result(s)

© Image Copyrights Juris Services & Technology

High Court Quashes FIR Against Private Contractor in Prevention of Corruption Act Case Applicant Not a Public Servant Under Section 2 of P.C.Act and BNS Bribery Allegations Fail Due to Statutory Definition Exclusion

The judgment involves a criminal application filed by Applicant seeking quashing of an FIR registered under Section 7 of the Prevention of Corruption ...

© Image Copyrights Juris Services & Technology

High Court Appoints Arbitrator and Grants Interim Relief in Loan Default Case Under Arbitration and SARFAESI Acts. Applicant Secures Protection for Mortgaged Property in Dispute with Respondents

The High Court of Bombay heard two connected applications filed by Tata Capital Housing Finance Limited against Inderjeet Sahni and others. The first ...

© Image Copyrights Juris Services & Technology

Gujarat High Court Dismisses Insurance Company's Appeal Due to Smallness of Amount in Motor Accident Claim. Court declines to decide merits, orders disbursement to claimant.

The case involves a first appeal filed by the Divisional Controller (appellant) against Bajaj Alliance General Insurance Co. Ltd. and others (responde...

© Image Copyrights Juris Services & Technology

Gujarat High Court Reduces Compensation by 50% in Motor Accident Claim Due to Contributory Negligence of Deceased Driver. Deceased's failure to place warning signs after tyre puncture on highway contributed to accident, leading to apportionment of liability under Motor Vehicles Act, 1988.

The case arises from a motor accident claim filed by the legal heirs of Sunil Samharu Yadav, who died in a road accident on 19.05.2013. The deceased w...

© Image Copyrights Juris Services & Technology

NCLAT Chennai Allows Appeals by Resolution Professional Against Rejection of Fee Claims Under IBC. Held that the Adjudicating Authority cannot reduce or disallow fees fixed by the Committee of Creditors without valid reasons.

The present appeals were filed by Mr. Immaneni Eswara Rao, a Resolution Professional, against four separate orders passed by the National Company Law ...

© Image Copyrights Juris Services & Technology

NCLAT Chennai Allows Appeal of Financial Creditor in Insolvency Case, Directs Reconsideration of Resolution Plan. The Tribunal held that the Resolution Professional's failure to include the appellant in the Committee of Creditors and incorrect determination of voting shares violated the IBC, 2016.

The appeal was filed by RBL Bank Limited against the order of the National Company Law Tribunal (NCLT), Chennai, which had approved the resolution pla...

© Image Copyrights Juris Services & Technology

NCLAT Dismisses Appeal Against Rejection of Section 7 Application for CIRP — Claimants Failed to Prove Debt and Default. The Tribunal held that the Appellants did not establish the existence of a financial debt or default, and the application was barred by limitation.

The present appeal was filed by Vistra ITCL (India) Limited, Pratiti Trading Private Limited, and Gajendra Investment Limited (Appellants) against the...

© Image Copyrights Juris Services & Technology

NCLAT Allows Appeal Against NCLT Order Dismissing Section 7 Application as Abated Due to Death of Corporate Debtor's Director. The Tribunal held that the death of a director does not abate proceedings under the Insolvency and Bankruptcy Code, 2016, and the Resolution Professional can continue the process.

The appeal arises from an order of the National Company Law Tribunal (NCLT), Bengaluru Bench, dated 30.12.2019, which dismissed IA No.47/2019 in CP(IB...