Search Results for "Voluntary Compliance"

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NCLT Chennai Allows Dissolution of Company in Voluntary Liquidation Under Section 59(7) IBC, 2016. The Liquidator's petition for dissolution was allowed upon satisfaction of compliance with voluntary liquidation requirements.

The National Company Law Tribunal, Chennai Division Bench, allowed a petition filed by the Liquidator, Mrs. Aneetha Subramaniam, under Section 59(7) o...

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Supreme Court Allows Appeals in Urban Land Ceiling Case — Possession Not Validly Taken Under Section 10(6) of ULC Act, 1976. Act of Court Should Not Injure Suitor; Repeal of ULC Act in 2008 Vests Land in Appellant.

The appellant, M/S A.P. Electrical Equipment Corporation (now ECE Industries Limited), owned land in Fatehnagar Village, Rangareddy District, Telangan...

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High Court of Karnataka Acquits Accused in Murder Case Due to Lack of Credible Evidence and Unreliable Circumstantial Links. Conviction under Sections 302, 120(B), 201 r/w 34 IPC set aside as prosecution failed to prove guilt beyond reasonable doubt.

The appeals were filed by accused No.1 (Harish) and accused No.3 (Lokesh @ Sathish) against the judgment of conviction and sentence dated 25.04.2017 p...

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Bombay High Court Allows Writ Petition Challenging CBDT Circular Denying Adjustment of TDS Against Tax Payable Under Voluntary Disclosure Scheme. Circular No. 755 dated 25-07-1997 Held Ultra Vires as It Imposed Restriction Not Found in Finance Act, 1997 or Income Tax Act, 1961.

The petitioner, Earnest Business Services Pvt. Ltd., a company incorporated under the Companies Act, 1956, and its director, filed a writ petition und...

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Bombay High Court Dismisses Employer's Challenge to Labour Court Awards in Milk Union Retrenchment Cases. Retrenchment of Daily Wagers Without Compliance with Section 25-F of Industrial Disputes Act, 1947 Held Illegal.

The petitioner, Solapur Zilla Sahakari Dudh Utpadak Sangh, a cooperative milk union, challenged multiple awards passed by the Labour Court, Solapur, i...

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Bombay High Court Dismisses Management's Petition Challenging Reinstatement of Teacher in Voluntary Retirement Case. Acceptance of Voluntary Retirement Without Statutory Notice Period Under Section 5(3) of MEPS Act, 1977 Held Illegal.

The petitioner, Shri Guru Buddhiswami Mahavidyalaya (the Management), challenged the judgment and order dated 06/12/2013 of the School Tribunal, Latur...

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High Court of Karnataka Dismisses Writ Petitions Challenging Voluntary Retirement Scheme Computation for Sick Unit Employees. Computation of ex-gratia amount under VRS for sick units based on last drawn salary and remaining service is valid and not arbitrary.

The petitioners were employees of Mandya National Paper Mills (MNPM), a company incorporated under the Companies Act that suffered huge losses. The Ce...

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Bombay High Court Dismisses Bayer's Challenge to Compulsory License for Nexavar Under Section 84 of Patents Act, 1970. Court Holds That Patentee's Import of Drug at High Price Does Not Satisfy Reasonable Requirements of Public or Constitute Working of Invention in India.

The petitioner, Bayer Corporation, a US-based pharmaceutical company, held a patent for the drug Sorafenib Tosylate, sold under the brand name Nexavar...