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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,...

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Bombay High Court Allows Scheme of Amalgamation Without Physical Meeting in Exceptional Circumstances. Section 110 of Companies Act, 2013 Does Not Eliminate Requirement of Meeting Under Section 391 of Companies Act, 1956 for Scheme Approval.

The judgment addresses a Company Summons for Direction filed by Godrej Industries Limited (GIL) seeking approval of a Scheme of Amalgamation with Wada...

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Bombay High Court Dismisses Writ Petition Challenging Striking of Election Petition Paragraphs in Municipal Election Dispute. Court upholds that vague allegations of corrupt practices without specific details of consent by the returned candidate are liable to be struck off under Order VI Rule 16 CPC.

The petitioner, Eknath Bayaji Gadkari, filed an election petition under Section 33(1) of the Mumbai Municipal Corporation Act, 1888, challenging the e...

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Bombay High Court Dismisses Sarpanch's Challenge to No Confidence Motion in Gram Panchayat Dispute. Petitioner's removal upheld as meeting complied with procedural requirements under Maharashtra Village Panchayats Act, 1958 and Rules.

The petitioner, Manoj Ghanshyamdas Banode, was the elected Sarpanch of Gram Panchayat Talegaon Dashasar. On 05.12.2016, a no confidence motion was pas...

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Supreme Court Dismisses Petition Challenging Open Ballot Rule for Rajya Sabha Elections - Upholds Constitutionality of Rule 39-AA of Conduct of Election Rules, 1961 and Proviso to Section 33 of Representation of the People Act, 1951 Based on Proportional Representation and Party Discipline Principles.

The Supreme Court of India, in a judgment delivered by Dr Dhananjaya Y Chandrachud, CJI, dismissed a petition filed under Article 32 of the Constituti...