Trending
Corporate Guarantee Need Not Be Invoked To File Claim In Guarantor's CIRP: NCLAT
The National Company Law Appellate Tribunal (NCLAT) at Delhi has held that a financial creditor can maintain its claim in the Corporate Insolvency Resolution Process (CIRP) of a corporate debtor that had stood as a guarantor for another company, even if the corporate guarantee was never invoked. It further held that invocation of a corporate guarantee is relevant only for initiating CIRP...
CCI Approves Coinbase Deal To Buy Minority Stake In CoinDCX Parent
The Competition Commission of India (CCI) on Tuesday approved Coinbase Global Inc.'s proposal to acquire a minority stake in DCX Global Limited, the holding company behind the CoinDCX cryptocurrency exchange in India. Coinbase, a US-based cryptocurrency exchange operating in over 100 countries, has recently entered the Indian market. DCX Global Limited, incorporated in Mauritius, owns...
SCBA, Union To Submit Joint Suggestions To Supreme Court On Preventing Attacks On Judges
The Supreme Court Bar Association (SCBA) on Tuesday informed the Supreme Court that it proposes to submit joint suggestions along with the Union Government on framing guidelines to prevent incidents such as the shoe-throwing bid at the former CJI and to regulate media reporting of comments glorifying such incidents.A Bench comprising Chief Justice of India Surya Kant and Justice Joymalya...
Technical Breaks Given To Temporary Employees Is No Ground To Deny Maternity Leave Benefits: Bombay High Court
The Bombay High Court on Tuesday (December 16) held that a woman working on temporary basis on daily wages is entitled to the benefits of maternity leave and she cannot be denied the same on the ground that she is given 'technical break' of 1 or 2 days after completing 120 days in a year.A division bench of Justices Makarand Karnik and Ajit Kadethankar, sitting at the circuit seat at...
Calcutta High Court Quashes Regularisation Of 313 Volunteer Teachers Under Gorkhaland Territorial Administration, Calls Appointments Illegal
The Calcutta High Court has set aside and quashed the regularisation and state approval of 313 volunteer teachers appointed under the Gorkhaland Territorial Administration (GTA), holding that their appointments were illegal.Justice Biswajit Basu observed that the state failed to justify the recruitment process and that the approvals given could not withstand judicial scrutiny.The issue...
'Fought For Justice, Got Justice, Then Lost Justice': J&K&L High Court Restores Seniority Of 1979 Police Recruits After Nearly Four Decades
The Jammu and Kashmir and Ladakh High Court has allowed a long-pending Letters Patent Appeal filed by a batch of 1979 direct recruit Sub Inspectors of the Jammu and Kashmir Police, sharply criticising the manner in which binding judicial verdicts were repeatedly diluted through subsequent litigation and administrative actions.A Division Bench of Justices Rajnesh Oswal and Rahul Bharti set...
New Circular On Appointing Public Prosecutors Ignores Consultation Process Under S.18 BNSS: Amicus Tells Kerala High Court
The Kerala High Court was informed on Wednesday (17 December) that the circular issued regarding guidelines for the appointment of Public Prosecutors is not in accordance with the directions issued in Suo Motu v. State of Kerala and Others.A Division Bench led by Chief Justice Nitin Jamdar, earlier this year in a suo motu proceedings initiated by the High Court had held that the process...
Service Tax | Extended Limitation Cannot Be Invoked Without Mens Rea, Deliberate Intent To Evade Duty To Be Proven: CESTAT Chandigarh
The Chandigarh Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has set aside a service tax demand of ₹18.95 crore raised against the assessee, KEC International, holding that the Department wrongly invoked the extended period of limitation without establishing any intent to evade tax . A Bench comprising Hon'ble Mr. S.S. Garg (Judicial Member) and Hon'ble Mr....
Judicial Officers May Err Sometimes, But Shouldn't Pass Inconsistent Orders: Karnataka High Court
While setting aside an order passed by the trial court staying proceedings in a suit filed for recovery of money, the Karnataka High Court held that while a judicial officer may err and pass illegal orders, he should not pass inconsistent orders which would undermine the faith of the general public in the institution.Justice S Vishwajith Shetty said, “The courts while rendering judgments...
New Heartbeat Of Work: Leading With Humanity In A Technology Driven World
The twenty first century workplace is standing at a remarkable turning point. On one side we see an explosion of new technologies from artificial intelligence to automation and smart digital tools. On the other side we see a growing awareness that the true engine of every organization is still people, their feelings, their creativity and their need for meaning. As tools change how work is done, leaders must rethink why work is done and most importantly how people feel while doing it. The future...
Deputy Registrar Vacancy At Armed Forces Tribunal, Principal Bench, New Delhi
Armed Forces Tribunal, Principal Bench, New Delhi invites application for the post of Deputy Registrar on deputation basis.Name of the Post: Deputy Registrar No. of Post: 01 (One) Pay Scale: Pay Matrix Level - 11 (Rs 67700-208700) Essential Qualification and Experience • Deputation (Including Short Term Contract): Officers of the Central Government or State Government or Supreme Court or High Court or District Courts or Statutory/Autonomous bodies having pensionary benefits: (a) (i) holding...