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Corporate Law

Competition Commission Dismisses Allegations Against BSNL for Abuse of Dominant Position

Competition Commission Dismisses Allegations Against BSNL for Abuse of Dominant Position

Ultimately, the commission found no prima facie case of contravention of Section 4 of the Competition Act, 2002. Consequ...

NCLAT Upholds Rejection of Insolvency Application Against Concast Morena Road Projects on Limitation Grounds

NCLAT Upholds Rejection of Insolvency Application Against Concast Morena Road Projects on Limitation Grounds

The appellant's legal team, led by Mr. Rajesh Kumar Gautam, expressed disappointment over the dismissal but acknowledged...

CCI Dismisses Abuse of Dominance Allegations Against Google in Developer Account Termination Case

CCI Dismisses Abuse of Dominance Allegations Against Google in Developer Account Termination Case

The decision underscores the complexities involved in balancing platform policies with competition law, especially in di...

NCLAT Declares Kolkata Municipal Corporation as Secured Creditor in Talwalkars Liquidation Case

NCLAT Declares Kolkata Municipal Corporation as Secured Creditor in Talwalkars Liquidation Case

This ruling has significant implications for statutory bodies collecting dues, reinforcing their ability to claim secure...

No interfere in corporate insolvency proceedings under Article 227

No interfere in corporate insolvency proceedings under Article 227

The judgment aligns with previous decisions of the Supreme Court, affirming that adherence to legal protocols and proced...

NCLAT Overturns NCLT's Order on Alleged Fraudulent Trading

NCLAT Overturns NCLT's Order on Alleged Fraudulent Trading

The ruling underscores the importance of distinguishing between genuine business risks and fraudulent intent, setting a ...

NCLAT Directs ICBC to Release Lien on Reliance Communications Fixed Deposit

NCLAT Directs ICBC to Release Lien on Reliance Communications Fixed Deposit

The judgment has significant implications for banking practices concerning lien rights and the interpretation of contrac...

Termination of leave and license agreements - Resolution Professional entitled to terminate agreements during CRIP NCLAT Upholds Termination of Lease Agreements During CIRP

Termination of leave and license agreements - Resolution Professional entitled to terminate agreements during CRIP NCLAT Upholds Termination of Lease Agreements During CIRP

This decision underscores the RP's power to enforce agreements in line with statutory regulations and sanctioned plans, ...

NCLAT Rules ESI Contributions as Trust Assets, Excluded from Liquidation Estate

NCLAT Rules ESI Contributions as Trust Assets, Excluded from Liquidation Estate

In conclusion, the NCLAT allowed the appeal, set aside the prior order, and reaffirmed the status of ESI contributions a...

Competition Law - Designation of a State Trading Enterprise for export of beach sand minerals is not amenable to Competition Act.

Competition Law - Designation of a State Trading Enterprise for export of beach sand minerals is not amenable to Competition Act.

The dismissal of the appeal maintains the status quo, allowing the government's policy on BSM exports to continue. The T...

Tribunal Quashes Service Tax Demand Based Solely on SVLDRS Disclosure

Tribunal Quashes Service Tax Demand Based Solely on SVLDRS Disclosure

This ruling underscores the importance of rigorous procedural adherence in tax demands and reinforces taxpayers' rights ...

Once a One-Time Settlement is accepted and part payment is received, the Financial Creditor cannot  file CIRP

Once a One-Time Settlement is accepted and part payment is received, the Financial Creditor cannot file CIRP

The NCLT has urged both parties to settle the matter amicably and provided Jain Infraprojects with an opportunity to rec...

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