SC Collegium Recommends Justice S V Gangapurwala As Chief Justice Of Madras High Court

The Supreme Court collegium comprising of CJI DY Chandrachud and Justices Sanjay Kishan Kaul, K M Joseph, M R Shah and Ajay Rastogi on Wednesday proposed the appointment of Justice SV Gangapurwala as the Chief Justice of the Madras High Court. In a separate resolution, the collegium reiterated its earlier proposal to transfer the Acting Chief Justice of Madras High Court T Raja to Rajasthan...

Consumer Protection Act Can't Be 'Halter Around Neck' Of Doctors Making Them Apprehensive Of Taking Professional Decisions At Crucial Moments: NCDRC

The National Consumer Disputes Redressal Commission, New Delhi, has observed that the Consumer Protection Act ought not to be used as a 'halter around the neck' of doctors making them apprehensive of taking professional decisions at crucial moments. The Presiding Member Dr. S.M. Kantikar was considering a complaint alleging medical negligence on the part of the doctors of Max Super...

Atique Ahmed Murder| Prayagraj Court Remands 3 Alleged Shooters To 4-Day Police Custody

A Magistrate Court in Uttar Pradesh's Prayagraj District today sent three accused in the Atique Ahmed-Ashraf killing to 4-day Police Custody. They will be presented before a court in Prayagraj again on April 23.The Ahmad brothers were shot dead in a shocking incident on Saturday night at around 10 pm in the presence of the police and the media while they were being taken for a medical...

Weekly Digest Of IBC Cases: 10 April To 16 April 2023

NCLAT Threshold Limit Of Rs. 1 Crore Applicable From The Date Of Filing And Not From Date Of Registration Of Petition: NCLAT Delhi Case Title: Royal Manpower Services v Faridabad Autocomp System Pvt. Ltd. Case No.: Company Appeal (AT) (Insolvency) No. 370 of 2023 The National Company Law Appellate Tribunal (“NCLAT”), Principal Bench, comprising of Justice Ashok...

NCLT New Delhi Orders Liquidation Of M/S. Hema Automotive Pvt. Ltd Under Section 33 Of IBC

The NCLT New Delhi bench has ordered for Liquidation of M/s. Hema Automotive Pvt. Ltd. (“Corporate Debtor”). The Company was admitted into Corporate Insolvency Resolution Process (“CIRP”) on 08.07.2022. Hero Fincorp Ltd (“Financial Creditor”) was the sole member of the Committee of Creditors (“CoC”). The CoC resolved to Liquidate the Corporate Debtor in its 4th meeting...

Atique Ahmed Murder| NHRC Takes Cognizance, Issues Notices To State DGP, Prayagraj Commissioner Of Police Seeking Detailed Report

The National Human Rights Commission (NHRC) has taken cognizance of complaints concerning the killings of Mafia turned politician Atique Ahmed and his brother Ashraf by miscreants in police custody in the Prayagraj district of Uttar Pradesh on 15th April, 2023.The Commission has issued notices to the Director General of Police, Uttar Pradesh and the Commissioner of Police, Prayagraj calling...

Supreme Court Collegium Recommends Permanent Appointment Of Six Additional Judges Of Punjab & Haryana High Court

The Supreme Court Collegium comprising CJI Dhananjaya Y Chandrachud, Justice Sanjay Kishan Kaul and Justice K.M. Joseph on Monday recommended the names of six Additional Judges of the Punjab and Haryana High Court for appointment as Permanent Judges.The following Additional Judges of the Punjab and Haryana High Court have been recommended by the Collegium:(i) Justice Vikas Bahl(ii) Justice...

Liquor Policy: Delhi Court Reserves Order On Manish Sisodia’s Bail Plea In Money Laundering Case

A Delhi Court on Tuesday reserved its decision on the bail plea moved by Aam Aadmi Party (AAP) leader and former Deputy Chief Minister Manish Sisodia in a money laundering case connected to implementation of the national capital's excise policy of 2021-22.Special judge MK Nagpal of Rouse Avenue Courts will pronounce the order on April 26 at 4 PM.The court earlier heard advocate Zoheb Hossain,...

NCLT Mumbai Approves Mr. Jitendra Bhandari’s Resolution Plan For Trimurti Foodtech Private Limited

NCLT Mumbai has approved a 22 crore resolution plan of Mr. Jitendra Bhandari for Trimurti Foodtech Private Limited (“Corporate Debtor”) under section 31 (1) of the Insolvency and Bankruptcy Code, 2016 (“IBC, 2016”). The Company was admitted into Corporate Insolvency Resolution Process (“CIRP”) vide an order dated 11.08.2021. The Company initially received and...

A Loan Payable On Demand Becomes Due And Payable On Receipt Of Demand Notice: NCLT Mumbai

The National Company Law Tribunal, Mumbai Bench, comprising Shri Kishore Vemulapalli (Judicial Member) and Shri Prabhat Kumar (Technical Member), while adjudicating an application under Section 7 of Insolvency and Bankruptcy Code, 2016 (“IBC, 2016”) in Praful Satra vs MD Development Private Limited has held that a loan payable on demand becomes due and payable on the receipt of...

Unlike Section 9, There Is No Scope Of Raising A Dispute In A Section 7 Petition: NCLT Mumbai Reiterates

The National Company Law Tribunal, Mumbai Bench, comprising Shri H. V. Subba Rao (Judicial Member) and Shri Shyam Babu Gautam (Technical Member), while adjudicating an application under Section 7 of Insolvency and Bankruptcy Code, 2016 (“IBC, 2016”) in Idea Lenders & Anr. vs Navdurga Advisory Private Limited has reiterated that there is no scope of raising a dispute under a...

Claim Arising Out Of Partnership Business Which Is Not A Mere Claim Of Supply Of Material Is Not An “Operational Debt”: NCLT Mumbai

The National Company Law Tribunal, Mumbai Bench, comprising Shri H.V. Subba Rao (Judicial Member) and Shri Madhu Sinha (Technical Member), while adjudicating an application under Section 9 of Insolvency and Bankruptcy Code, 2016 (“IBC, 2016”) in Manoj Stone Infra Private Limited vs Railsys Engineers Private Limited has held that a claim arising out of a mutual business understanding...