NCLT Chennai Order Dissolution Of M/s Boss Profiles Limited Under Section 54 Of IBC

NCLT Chennai has ordered for dissolution of M/s Boss Profiles Limited (“Corporate Debtor”) under section 54 of Insolvency and Bankruptcy Code, 2016(“IBC, 2016”). The Corporate Debtor filed a petition before NCLT Chennai through its Liquidator for Dissolution of the Corporate Debtor The Tribunal had admitted the Corporate Debtor into Corporate Insolvency Resolution...

Allegation That IRP/RP Did Not Conduct CIRP As Per Law, Not A Ground To Challenge Resolution Plan: NCLAT Delhi

The National Company Law Appellate Tribunal (“NCLAT”), Principal Bench, comprising of Justice Ashok Bhushan (Chairperson) and Shri Barun Mitra (Technical Member), while adjudicating an appeal filed in Brijesh Singh Bhadauriya v Pinakin Shah, has held that the order approving the Resolution Plan cannot be interfered with on a mere allegation that the IRP or the Resolution...

Did Not Threaten Kangana Ranaut, Suggested Her To Amicably Resolve Issues With Hrithik Roshan: Javed Akhtar To Court

Lyricist Javed Akhtar recently testified before a Mumbai Court that he tried to get actors Hrithik Roshan and Kangana Ranaut to resolve the controversy between them amicably. Akhtar made the statement in response to Kangana's accusations of extortion in her feud with the actor.“In the month of March 2016, on one day Dr. Ramesh Agarwal alongwith accused Ms. Kangana Ranaut and her sister...

Muzaffarnagar Riots| 'Helpless Woman Was Gang Raped When She Was Fleeing Riot-Hit Area With Her Son To Save Her Life': UP Court

A trial court in Uttar Pradesh's Muzaffarnagar district today CONVICTED 2 accused after finding them guilty of gang-raping a woman in sugarcane fields during the 2013 Muzaffarnagar riots while she was fleeing the area along with her minor son. "The accused committed rape against a helpless woman when she along with her innocent son was fleeing through the sugarcane fields to save her life,"...

‘Instilled Sense Of Insecurity Among People, Jeopardised Communal Harmony’: Court Sentences 9 Men To 7-Years Jail In Delhi Riots Case

A Delhi Court on Tuesday sentenced nine men to rigorous imprisonment of seven years in jail in a case relating to 2020 North-East Delhi riots, observing that their acts instilled sense of insecurity among people and jeopardized the communal harmony in the society.Additional Sessions Judge Pulastya Pramachala sentenced nine men namely Mohd. Shahnawaz, Mohd. Shoaib, Shahrukh, Rashid, Azad,...

2013 Muzaffarnagar Riots: UP Court Convicts Two In A Case Of Gang Rape, Awarded 20-Year Rigorous Imprisonment

A trial court in Uttar Pradesh's Muzaffarnagar district today CONVICTED 2 accused in a case of gang rape of a woman during the 2013 Muzaffarnagar riots under Section 376(2)(g), 376-D and 506 IPC. The Additional District and Sessions Judge, Anjani Kumar Singh convicted accused Maheshvir and Sikander. Another accused Kuldeep died during the course of the trial. The accused have been awarded...

Weekly Digest Of IBC Cases: 1 May To 7 May 2023

Supreme Court IBC| Principle Of Commercial Wisdom Not Validate A Decision Taken By CoC In Contravention Of Law: Supreme Court Case Title: M.K. Rajagopalan v Dr. Periasamy Palani Gounder Citation: 2023 LiveLaw (SC) 403 The Supreme Court Bench comprising of Justice Dinesh Maheshwari and Justice Vikram Nath, has held that the principle of ‘Commercial Wisdom’ of...

Tax Cases Weekly Round-Up: 30 April to 6 May, 2023

Supreme Court Section 16-B Of Himachal Pradesh General Sales Tax Act Is Not Ultra Vires Any Provision Of Law: Supreme Court Reiterates Case Title: State of Himachal Pradesh & Ors. vs M/s A.J. Infrastructures Pvt Ltd & Anr. Citation : 2023 LiveLaw (SC) 366 The Supreme Court has ruled that Section 16-B of the Himachal Pradesh General Sales Tax Act, 1968 (HPGST...

Shraddha Walkar Case: Delhi Court Frames Charges Of Murder, Disappearance Of Evidence Against Aaftab Poonawalla

A Delhi Court on Tuesday framed charges against Aaftab Poonawalla in Shraddha Walkar murder case. Additional Sessions Judge Manisha Khurana of Saket Courts framed charges of murder and disappearance of evidence against Poonawalla.Poonawalla has pleaded not guilty and claimed trial in the case. Detailed order of framing of charges is awaited Aaftab Poonawalla allegedly killed his live-in...

NCLT Mumbai Initiates Insolvency Process Against Future Lifestyle Fashions, A Future Group Enterprise

The National Company Law Tribunal (“NCLT”), Mumbai Bench, comprising of Shri Kuldip Kumar Kareer (Judicial Member) and Shri Shyam Babu Gautam (Technical Member), while adjudicating a petition filed in Bank of India v Future Lifestyle Fashions Limited, has initiated Corporate Insolvency Resolution Process (“CIRP”) against Future Lifestyle Fashions Ltd., which is a Future...

Arbitration Cases Weekly Round-Up: April 30 To May 06, 2023

Bombay High Court: Invalidity Of Board Resolution Is A Procedural And Curable Defect, Cannot Lead To Rejection Of Claims And Termination Of Arbitral Proceedings: Bombay High Court Case Title: Palmview Investments Overseas Limited vs Ravi Arya The High Court of Bombay has held that any defect in the board resolution authorizing a person to initiate arbitration is only a...

Drishyam Vidhi | Audio-Video Mode Of Teaching And Learning Criminal Law Introduced At DNLU, Jabalpur

To bridge the gap between the Academics and Practice of Criminal Law, a new audio-video mode of teaching and learning Criminal Law called 'Drishyam Vidhi' has been introduced in Dharmashastra National Law University, Jabalpur. The idea was conceptualized by Madhya Pradesh High Court judge Justice Anand Pathak, who had earlier demonstrated this mode of learning at a limited scale in a Conference of Police Officers (for investigation purpose) and before the Civil Judges at State...