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IBC Being Misused, Companies' Assets Undervalued & Sold To Family Or Friends : CJI Surya Kant
During the hearing of the ADAG Bank Fraud Case, the Chief Justice of India expressed serious concerns over the increasing instances of misuse of the IBC process by bankrupt companies. The CJI flagged the issue of companies auctioning their assets to family members/ friends at undervalued rates. A bench comprising Chief Justice of India Surya Kant and Justices Joymalya Bagchi and Vipul...
'Why You Didn't Go For Auction When NCR Property Prices Rising?' : Supreme Court Questions Banks' OTS Of 5 Star Hotel's Dues
The Supreme Court today agreed to consider the plea seeking an investigation by the Central Bureau of Investigation and the Central Vigilance Commission into the One Time Settlement (OTS) between Asian Hotels(North), Bank of Maharashtra and Punjab National Bank.The bench of Chief Justice of India Surya Kant, Justices Joymalya Bagchi and Vipul Pancholi was hearing the challenge to the Delhi...
'Sonam Wangchuk's Health Not Good' : Supreme Court Urges Centre To Rethink His Detention On Medical Grounds
The Supreme Court today(February 4) orally asked the Union Government to rethink continuing detention of Ladakhi social activist Sonam Wangchuk, considering his deteriorating health. A bench comprising Justice Aravind Kumar and Justice PB Varale was hearing the habeas corpus petition filed by Wangchuk's wife Dr Gitanjali Angmo, challenging his detention under the National Security Act, 1980,...
'Bengal Is Targeted, We Aren't Getting Justice' : Mamata Banerjee Argues In Supreme Court Against SIR
Dramatic events unfolded in the Supreme Court on Wednesday, with West Bengal Chief Minister Mamata Banerjee making submissions in the writ petition filed by her challenging the Special Intensive Revision (SIR) of the electoral rolls in the State.This is the first time a sitting Chief Minister has personally appeared before the Supreme Court to make oral submissions.Although Senior Advocate...
Supreme Court Raises Concerns Over High Courts Delaying Decision In Bail Pleas,Asks HCs To Submit Details Of Pending Matters
Taking a serious view of the long pendency of bail petitions in the High Courts, the Supreme Court on Wedesday called for reports from all High Courts regarding the pendency of such matters.The Registrar Generals of all High Courts have been directed to give the details of all bail applications, both regular and anticipatory, filed after January 1, 2025, including the date of filing, the date...
Consumer Protection Act | Can Legal Heirs Be Held Liable After Death Of Person Found Negligent? Supreme Court Reserves Verdict
The Supreme Court on February 3 reserved for judgment the issue of whether, for the negligence by a person, the estate of such person should be held liable for compensation through legal heirs. It said that the Court will deal with the limited issue of whether the cause of action against the legal heirs survives or not, and not whether they would be entitled to compensation. It may be noted...
NEET-PG 2025 : Supreme Court Issues Notice On PIL Against Reduction In NEET Cut-Off Percentile
The Supreme Court today issued notice on a public interest litigation challenging the decision of the National Board of Examinations in Medical Sciences to reduce the qualifying cut-off percentiles for NEET-PG 2025-26.A bench of Justice Pamidighantam Sri Narasimha and Justice Alok Aradhe will hear the matter on Friday, February 6th, 2026.The petition assails the notice dated January 13 issued...
'LiveLaw Essential Companion', Says Lawyer Who Topped Higher Judiciary Exams In Both Punjab & Haryana
In an exceptional feat, Ludhiana-based advocate Prabhjot Singh Sachdeva has secured the top rank in both the Punjab and Haryana Higher Judicial Service Examinations, earning his selection as an Additional District and Sessions Judge.Speaking about his preparation journey, Sachdeva credits LiveLaw as a "constant companion" during his rigorous preparation, underscoring the importance of...
Mamata Banerjee To Argue Plea Against WB SIR : Live Updates From Supreme Court
West Bengal Chief Minister Mamata Banerjee will appear in the Supreme Court today for the petition filed by her against the SIR process in West Bengal.The matter is before a bench led by CJI Surya Kant.Banerjee has filed a writ petition in the Supreme Court against the Election Commission of India, challenging the Special Intensive Revision (SIR) process ongoing in the State.The petition...