News Updates
Delhi High Court Refuses To Restrain Ujoy From Using 'Bolt' Mark For EV Charging Services, Says Bolt Technology Has No Market Exposure In India
The Delhi High Court has refused to grant interim injunction in favour of Bolt Technology OU in relation to use of the mark ‘Bolt’ in EV (electric vehicle) charging stations in India by Ujoy Technology Private Limited.The court observed that since Bolt is not engaged in providing EV charging services anywhere in the world and has merely installed some EV charging stations in a handful...
NCLAT Delhi Stays Insolvency Proceedings Against Zee Entertainment Enterprises Ltd.
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 Punit Goenka v Indusind Bank Ltd. & Anr., has stayed the NCLT order dated 22.02.2023, whereby Corporate Insolvency Resolution Process (“CIRP”) was initiated against...
NCLT Mumbai Initiates Insolvency Proceedings Against Siti Networks Ltd.
The National Company Law Tribunal (“NCLT”), Mumbai Bench, comprising of Shri H.V. Subba Rao (Judicial Member) and Ms. Madhu Sinha (Technical Member), while adjudicating an application filed in Indusind Bank Ltd. v Siti Networks Ltd., has initiated Corporate Insolvency Resolution Process (“CIRP”) against Zee Entertainment Enterprises Ltd. Mr. Rohit Mehra has been appointed as...
Gauhati High Court Reduces Sentence Of Man Convicted For Sexually Assaulting Minor Daughter After Modification In Trial Court Verdict
The Gauhati High Court on Thursday modified the judgement and sentence of trial court in a POCSO case in which a father was convicted for the offence of penetrative sexual assault on his 13-year-old daughter, on the ground that the offence was not proved beyond all reasonable doubt.The division bench of Justice Michael Zothankhuma and Justice Parthivjyoti Saikia took note of the...
Multiple Arbitrations By Arbitrator Involving The Same Co-operative Bank Under S. 84 Of MSCS Act; Not A Disqualification: Bombay High Court
The Bombay High Court has ruled that reference of more than two arbitrations to the same arbitrator under Section 84 of the Multi-State Co-operative Societies Act, 2002 (MSCS Act), involving the same Co-operative Bank, would not fall foul of clause 22 of Schedule V of the Arbitration and Conciliation Act, 1996 (A&C Act). Noting that in the statutory arbitration contemplated under...
Issuance Of Show Cause Notice Mandatory Under Rule 24 Of Kerala Minerals Rules, 2015: High Court
The Kerala High Court recently held that a show-cause notice is mandatory under Rule 24 of the Kerala Minerals (Prevention of Illegal Mining, Storage and Transportation) Rules, 2015, before taking any action in cases relating to breach of conditions, prescribed in the license, by a dealer. Justice N. Nagaresh also said that the reply of such person ought to be considered in such cases....
NCLAT Extends Benefit Of Limitation Computation To Appeals Filed Between 01.11.2022 To 23.12.2022
On 24.12.2022 the National Company Law Appellate Tribunal (“NCLAT”) had issued fresh directions for computation of limitation for filing of appeals before NCLAT. Earlier the benefit of order dated 24.12.2022 was only available to appeals filed on and after 24.12.2022. However, the NCLAT vide an Order dated 21.02.2023 has extended the benefit of Order dated 24.12.2022 to appeals...
Arbitral Tribunal Has Power To Pass Interim Award On Basis Of Admissions Made Before IRP In CIRP Proceedings: Delhi High Court
The Delhi High Court has ruled that the Arbitral Tribunal has the power under Section 31(6) of the Arbitration and Conciliation Act, 1996 (A&C Act) to pass an interim Award on the basis of the admissions made by a party before the Interim Resolution Professional (IRP) in the CIRP proceedings initiated under the Insolvency and Bankruptcy Code, 2016 (IBC) against the...
Cable Operators Have Made Interim Arrangement With Broadcasters, Kerala High Court Told
The All India Digital Cable Federation (AIDCF) on Friday informed the Kerala High Court that an interim arrangement has been worked out with the broadcasters.While the matter was being heard, the parties without prejudice to their rights and contentions in the main matter, have arrived at an understanding for the interim, Senior Advocate Jayant Mehta appearing for AIDCF informed the court....
AA Ought To Issue Notice To Respondent(s) Before Passing Any Final Direction Against Them: NCLAT Delhi
The National Company Law Appellate Tribunal (“NCLAT”), Principal Bench, comprising of Justice Ashok Bhushan (Chairperson) and Dr. Alok Srivastava (Technical Member) while adjudicating an appeal filed in Rajasthan State Mines & Minerals Ltd. v Parag Sheth & Ors., has set aside an order whereby the Adjudicating Authority had issued final directions against the respondent,...
GST Exempted On Bouquet Made With Dry Parts Of Plants, Foliage, And Branches Of Plant: AAR
The West Bengal Authority of the Advance Ruling (AAR) has observed that bouquets made with dry parts of plants, such as foliage, flower buds, grasses, and branches of plants, are exempt from GST.The two-member bench of Brajesh Kumar Singh and Joyjit Banik has observed that the bouquet made with dry parts of plants, foliage, flower buds, grasses, and branches of plants that are dried,...
Madhya Pradesh HC Chief Justice Inaugurates Three-Day Training Programme For High Court Legal Services Committee’s Empanelled Lawyers
Chief Justice of Madhya Pradesh High Court Justice Ravi Malimath on Friday inaugurated a three days Regional Training Programme for Selected Panel Lawyers for High Court Legal Services Committee, Jabalpur.Justice Sujoy Paul, Madhya Pradesh High Court Judge and Chairman Governing Council Madhya Pradesh State Judicial Academy (MPSJA) and Justice Vivek Agarwal, Madhya Pradesh High Court Judge...