Corporate Law
NCLAT Upholds NCLT's Ruling on Fraudulent Transactions by Axiomata Elevators' Directors
The ruling underscores the NCLAT's commitment to upholding the integrity of the insolvency process, ensuring that direct...
CESTAT New Delhi Overturns DRI's Classification of Videocon's Imported Smart Cards
The case, which involved multiple appeals, centered around the classification of imported smart cards used in Videocon's...
Coastal Regulation Zone - Only Construction Of Anti-sea Erosion Bund Permissible Under Crz Notification
The judgment underscored the importance of Environmental Impact Assessment (EIA) studies in ensuring that construction a...
NCLAT Dismisses Insolvency Plea Against Aussee Oats India Ltd. by Future Consumer Ltd.
Ultimately, the NCLAT upheld the decision of the NCLT, dismissing the appeal and reinforcing the principle that insolven...
CESTAT Sets Aside Order Against Simran Exports; Clarifies No Reclassification or Penalty Without Evidence
The tribunal's decision underscored the importance of adhering to statutory provisions and procedural requirements, as i...
CESTAT Chennai Bench Declines Jurisdiction; Appeals Referred to President for Special Bench Constitution
This decision underscores the importance of coordinated judicial processes in cases involving multiple jurisdictions and...
NCLAT Upholds CIRP Initiation Against Corporate Guarantor in Deepak Raheja Case
The case originated from a loan agreement dated 26.12.2017, involving Piramal Capital and Housing Finance Ltd. (PCHFL) a...
NCLAT Overturns Dismissal of Restoration Application in Swadarshan Dairy's Insolvency Case
Consequently, the NCLAT allowed the restoration application and reinstated the main petition to its original status. The...
IRCTC Wins Appeal Against Service Tax Demand on Food Plaza Operations
This landmark judgment may set a precedent for similar cases where the nature of agreements and the intention of parties...
NCLAT Upholds NCLT's Decision Declaring Lease Deed Void in Jupiter Spun Pipes Case
The NCLAT's decision is pivotal as it reinforces legal protocols in handling allegations of document forgery within inso...
NCLT Indore Bench Protects Rights of Homebuyers Amidst Insolvency Proceedings
The judgment underscores the importance of balancing the interests of homebuyers with the objectives of the IBC, ensurin...
NCLAT Chennai Upholds Tribunal's Decision for Actual Asset Possession in CIRP
The ruling underscores the importance of adhering to statutory requirements in CIRP proceedings, preventing any deviatio...