Corporate Law Judgements

Hon'ble Supreme Court in its judgment dated 10/02/2022 clarified that banks cannot be restrained from selling the mortgaged property by holding public auction and realize the outstanding dues, unless the borrower pays entire amount outstanding along

The following case is an important judgement for determining the difference between 'Contract of Service' and 'Contract for Service'. The Court helped determine that there are often times that legislations overlap each other which leads to exclusion

DELHI BENCH OF ITAT RULED THAT even if the Company has been struck off from the register of Companies, an appeal filed by it against the revenue department does not become ineffective or infructuous and is maintainable.

The court held that the assessment of loss by an approved surveyor is a prerequisite for the settlement of insurance claims. A surveyor report is statutorily recognized and is a basic document in determining claims. However, the surveyor report is no

THE HON'BLE COMPETITION COMMISSION OF INDIA (CCI): held that, in the case of both Swiggy and Zomato, prima facie there existed a conflict-of-interest situation, warranting detailed scrutiny into its impact on the overall competition between the Resta

Once CIRP initiated any action under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 to foreclose, recover or enforce any security interest created by Corporate Debtor will be prohibited.

In the instant case, the Appellant has not disputed that there were heavy rains on 29.08.2003 and 30.08.2003 in the Nimbahera region. In fact, the surveyor appointed by the Appellant had also observed in its report that heavy rainfall had occurred in

The Constitution of India provides its citizen some fundamental rights which can be restricted or taken out on through well established law of the land. The Article 21 provides us right of " Personal Liberty" and it is a fundamental right , we have r

It is a well settled fact that once a disputed liability has shown in the financial statement of a company as outstanding, the limitation period will again begin from the date next to the date of such acknowledgement. It means that the date on which

When 90% or more of the creditors decide that it will be in the interest of all the stake­holders to permit Settlement Plan filed by promoter of the Corporate Debtor and withdraw Corporate Insolvency Resolution Process as per Section 12A of the Insol