Supreme Court stays Uttarakhand High Court direction to register FIR against Chief Minister Trivender Rawat. It makes important observations for NDPS probe.In Insolvency and Bankruptcy Code, Supreme court says the cases of insolvency of personal guarantors will be transferred to one place. Bombay High Court sets aside order seizing properties of former Goa Chief Ministers Digambar Kamat and Churchill Alemao.
A plea has been filed in the Supreme Court challenging section 3 of the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2019 and Section 7 of the IBC and to set out new conditions for real estate allottees to approach the NCLT as being in violation of Article 14 and 21 of the Constitution.
The Delhi High Court has issued a notice in a petition filed by Bhushan Power and Steel’s former chief, Sanjay Singhal, challenging the State Bank of India’s decision to invoke Singhal’s bank guarantee for not paying the company’s dues.
The Insolvency and Bankruptcy regime of India has evolved steadily since its beginning in 2016, benefitting from the jurisprudential osmosis. This article attempts to study the providence of the workmen of an insolvent employer within the scheme of Code.
The division bench of Chief Justice A.P. Sahi and Justice Senthilkumar Ramamoorthy held that it is clear that Section 196(1)(c) and 207 of the IBC and the IP Regulations are intended to fulfill the object and purpose of the IBC as regards the functioning of the IBBI.