Search Results for "Reversion"

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Supreme Court Allows Appeal Against Reversion After 25 Years as Unjust and Arbitrary. Long Delay in Challenging Appointment Based on Alleged Fraud Without Evidence Renders Reversion Unsustainable.

The appellant, Sukh Bilash Thakur, was appointed as a Bill Clerk in the Bihar State Electricity Board on 03.02.1981 after verification of his educatio...

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Supreme Court Allows Bank's Appeal in Disciplinary Matter: Non-Supply of Inquiry Report Before 1990 Not Fatal; Disagreement Reasons Must Be Communicated. The Court restored punishments of reversion and removal from service imposed on a bank employee for gross negligence and fraud.

The Supreme Court dealt with two appeals by the State Bank of India against a common High Court order that set aside disciplinary punishments imposed ...

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Supreme Court Upholds NCLAT Decision on Mandatory 75% Voting Share for Resolution Plan Approval Under I&B Code. Financial Creditors' Rejection of Resolution Plan for Kamineni Steel & Power India Pvt. Ltd. and Innoventive Industries Ltd. Leads to Liquidation as Plan Did Not Garner Required Majority.

The Supreme Court of India heard appeals arising from a common judgment of the National Company Law Appellate Tribunal (NCLAT) dated 6 September 2018,...