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NCLT Mumbai Refuses To Initiate Investigation Into Former Management of 'Smaaash Entertainment'
The National Company Law Tribunal (NCLT) at Mumbai has recently refused to order an investigation into the erstwhile management of Smaaash Entertainment Private Limited, a gaming company known for its virtual reality-based entertainment centres. However, it has directed that a copy of its order be sent to government authorities to examine possible irregularities and non-compliances by...
High Court Of Chhattisgarh Virtually Inaugurates Additional Bar Room In Balodabazar; Foundation Stones Laid For Civil Court Buildings At Bhatapara, Simga & Kasdo
The High Court of Chhattisgarh today virtually inaugurated the Newly Constructed Additional Bar Room at the District & Sessions Court, Balodabazar. The ceremony also included the Virtual Bhoomi Poojan and Laying of Foundation Stone for the upcoming Civil Court Buildings at Bhatapara, Simga, and Kasdol under District Balodabazar–Bhatapara.The virtual ceremony was graced by the...
Gensol Insolvency: NCLAT Refuses To Expunge NCLT's Remarks Against IRP, Says Observations Not Adverse To His Conduct
The National Company Law Appellate Tribunal (NCLAT) recently refused to expunge certain adverse observations made against insolvency professional Pulkit Gupta in an order passed by the National Company Law Tribunal (NCLT), Ahmedabad, while admitting insolvency proceedings against Gensol Engineering Limited and its group entity Gensol EV Lease Limited. The appellate tribunal, in an order...
Umar Khalid, Gulfisha, Sharjeel Bail Hearing : Live Updates From Supreme Court | Delhi Riots UAPA Case
The Supreme Court will hear today the bail pleas filed in the Delhi riots larger conspiracy case.A bench comprising Justice Aravind Kumar and Justice NV Anjarai had on the previous days heard the arguments of Umar Khalid, Gulfisha Fatima, Sharjeel Imam, Meeran Haider, Shifa Ur Rehman and Md. Saleem.Today, the bench is expected to hear the arguments of Delhi Police.The hearing will commence at...
Supreme Court Dismisses SP Leader Abdullah Azam Khan's Plea To Quash FIR Over Alleged Use Of Forged Documents For Passport
The Supreme Court on Thursday dismissed a plea filed by former Uttar Pradesh MLA Abdullah Azam Khan, son of Samajwadi Party leader Azam Khan, seeking quashing of an FIR against him for allegedly using forged documents to obtain a passport.“We are not inclined to interfere. However, we make it clear that the trial court is at liberty to decide all the issues without being influenced by the...
Supreme Court To Examine If NCLAT Can Refer Matter To Third Member When Two-Member Bench Delivers Split Verdict
The Supreme Court is set to decide whether, in the case of a split verdict by the National Company Law Appellate Tribunal (“NCLAT”), the reference of the case to a third member would be legally justifiable or should the matter be referred to a larger bench of three members for fresh adjudication. Observing that there is no clear procedure to address situations where a two-member bench...
NCLAT Rejects Jaypee Infratech's ₹15 Crore Interest Claim On Funds Deposited By JAL For Homebuyers
The National Company Law Appellate Tribunal (NCLAT) at Delhi on Tuesday dismissed a plea by real estate company Jaypee Infratech Ltd. (JIL) seeking interest of Rs 15 crore on nearly Rs 546 crore deposited by its parent company, Jaiprakash Associates Ltd. (JAL), for the benefit of homebuyers during JIL's insolvency proceedings A bench of Chairperson Justice Ashok Bhushan and Technical...
Supreme Court Seeks Union's Reply On Petitions Challenging Online Gaming Act
The Supreme Court on November 6 postponed the batch of petitions challenging the Promotion and Regulation of Online Gaming Act, 2025 ("Online Gaming Act"), which seeks to prohibit 'online money games' and the offering of bank services, advertisements, etc. related thereto. It has asked the Union Government to file a comprehensive reply. Before a bench comprising Justice JB Pardiwala and...
Income Tax Act | Supreme Court To Examine If S.12AA Registration Alone Entitles Trusts To 80G Benefits To Donors
The Supreme Court is set to examine whether the registration of a trust under Section 12AA of the Income Tax Act, 1961, which recognizes it as a charitable institution for income tax exemption purposes, is sufficient to entitle its donors to claim tax deduction benefits under Section 80G of the Act. A bench of Justice J.B. Pardiwala and Justice K.V. Viswanathan has issued notice on a...