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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...

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High Court of Bombay at Goa Quashes Criminal Proceedings Against Director in Drugs Act Case for Lack of Specific Allegations. Director Not Vicariously Liable Under Section 18(a)(i) r/w Section 27(d) of Drugs and Cosmetics Act, 1940 Without Evidence of Being In Charge of Day-to-Day Affairs.

The petitioner, Sanjeev Wasan, a director of Maxmed Life Sciences Pvt. Ltd., filed a criminal writ petition under Section 482 of the Code of Criminal ...

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CIVIL APPEAL NO. 4905 OF 2022

The present civil appeal arose under Section 15Z of the Securities and Exchange Board of India Act, 1992 challenging the order dated 19.04.2022 passed...

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Bombay High Court Allows Petition Challenging Overriding Effect of Legal Metrology Act over Insecticides Act in Labeling Dispute. Insecticides Act, 1968 being a special Act prevails over Legal Metrology Act, 2009 for labeling of insecticides.

The petitioner, Dhanuka Agritech Limited, a company incorporated under the Companies Act, 1956, is engaged in manufacturing and marketing crop protect...

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Bombay High Court Quashes CERA Audit Notice for Lack of Statutory Basis. Audit of Private Company's Records for Pre-GST and GST Periods Without Invoking Specific Statutory Provision Held Without Jurisdiction.

The petitioner, Kiran Gems Private Limited, a private limited company, filed a writ petition under Articles 226 and 227 of the Constitution of India b...

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Bombay High Court Adjudicates Batch of Writ Petitions Filed by Sugar Factories and Distilleries Against State of Maharashtra Regarding Excise Transport Fees. Petitioners Challenged Validity of Transport Fee Demands Under Bombay Prohibition Act, 1949.

The Bombay High Court, in exercise of its civil appellate jurisdiction, adjudicated a batch of fifty-one writ petitions filed by various sugar factori...

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Supreme Court Dismisses Electricity Board's Appeals in Illegal Disconnection Case — Board Cannot Claim Charges for Period of Its Own Wrongful Act. Initial Disconnection Without Considering Consumer's Instalment Request Violates Section 56 of Electricity Act, 2003.

The appeals arose from a dispute between the Bihar State Electricity Board (appellant) and M/s Iceberg Industries Ltd. (respondent/company) concerning...