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Supreme Court Upholds NCLAT Order in Insolvency Resolution Plan Approval Under Insolvency and Bankruptcy Code, 2016. Resolution Plan Found Compliant with Section 30(2) and Binding on All Stakeholders Despite Pending Creditor Claim Challenges.

The appeal arose under Section 62 of the Insolvency and Bankruptcy Code, 2016, against a judgment dated 4 January 2021 of the National Company Law App...

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NCLAT Adjudicates Appeals Against NCLT Orders Directing Replacement of Resolution Professional. Issues Pertain to Applicability of Sections 97 and 98 of IBC to Part II CIRP and Interpretation of IBBI Bye-law 23A.

The appeals arise from insolvency proceedings of Hindusthan National Glass & Industries Limited. The Corporate Insolvency Resolution Process (CIRP) be...

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Supreme Court Hears Public Interest Litigation on Unregulated Stem Cell Therapies for Autism Spectrum Disorder. Court Examines Legality Under Drugs Act and Lays Down Permissibility of Such Therapies in Clinical Trial Settings Only.

This Public Interest Litigation was filed by Yash Charitable Trust and others before the Supreme Court, raising concerns about the rampant promotion a...

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Bombay High Court Quashes Section 143(2) Notice Issued Beyond Time Limit in Income Tax Reassessment — Notice Issued After Expiry of Statutory Period Under Section 149 of Income Tax Act, 1961 Is Invalid.

The petitioner, AMNS Khopoli Limited (formerly Uttam Galva Steels Limited), challenged a notice dated 31st May 2023 issued by the Assistant Commission...

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Bombay High Court Dismisses Petition of Part-Time Lecturer in University Service Dispute. Appointment as Part-Time Lecturer Not Convertible to Full-Time Without Sanctioned Post and Approval Under Maharashtra Universities Act, 1994.

The petitioner, Shri Arun s/o Laxman Zurmure, was appointed as a part-time Lecturer in Geography at Pragati Women's College of Arts, Bhandara, for the...