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SRA Cannot Seek Interest On Performance Bank Guarantee If Letter Of Intent Does Not Provide For It: NCLAT
The National Company Law Appellate Tribunal (NCLAT) at Chennai has ruled that a successful resolution applicant (SRA) whose resolution plan was scrapped after the Committee of Creditors opted for liquidation, cannot claim interest on his performance bank guarantee if the Letter of Intent and the Request for Resolution Plan issued by the Resolution Professional does not provide for it. A coram...
J&K Court Rejects Bail Of Eight Police Personnel Accused Of Custodial Torture Of Constable
The Principal District & Sessions Judge, Kupwara has dismissed the bail applications of eight police personnel accused of illegally detaining and torturing a constable at the Joint Interrogation Centre (JIC) Kupwara. The Court held that the applicants had failed to demonstrate any legal or factual basis warranting their release and emphasised that the stage of proceedings did not...
Devotees Have No Legal Right To Light Lamp At Thiruparankundram, Article 226 Power Can't Change Custom: State Tells Madras High Court
The Tamil Nadu authorities told the Madras High Court (Madurai bench) on Friday (December 12) that devotees who moved the single judge seeking lighting of the lamp at Thiruparakundram Hills could not have claimed the same as a legal right, and Article 226 powers cannot be used to change a custom in existence for a long time. The division bench of Justice G Jayachandran and Justice KK...
How 2025 Reshaped Boundaries Of Resolution Estate Under Insolvency And Bankruptcy Code 2016
November 2025, brought with it major advancements into the debt restructuring ecosystem of India that reshape the contours of India's resolution estate under the Insolvency and Bankruptcy Code, 2016 ('the Code')[1].First is the circular dated 4th November 2025 ('the Circular') issued by the Insolvency and Bankruptcy Board of India ('IBBI') which permits insolvency professionals to seek restoration of assets attached under the provision of Prevention of Money Laundering Act, 2002 ('PMLA')[2],...
![Legal Consultant Vacancy At Uttar Pradesh Real Estate Regulatory Authority [Date Extended; Apply Now]](https://www.livelaw.in/h-upload/2024/03/13/500x300_527843-uprera.webp "Legal Consultant Vacancy At Uttar Pradesh Real Estate Regulatory Authority [Date Extended; Apply Now]")
Legal Consultant Vacancy At Uttar Pradesh Real Estate Regulatory Authority [Date Extended; Apply Now]
Uttar Pradesh Real Estate Regulatory Authority invites application for the post of Legal Consultant for its Technical and Legal divisions to strengthen the regulatory framework and ensure effective oversight of compliances by the promoters and the real estate agents, and to assist the Chairman and the Authority in policy formulation, compliance monitoring, and institutional strengthening and Consultant (Regulatory Compliances). Name of the Post: Legal Consultant and Consultant...
'Persistent Defiance': Allahabad High Court Mulls Contempt Action Against Judicial Officers For Imposing Excessive Bail Sureties
Taking strong exception to the "persistent and repeated defiance" of bail guidelines by subordinate courts, the Allahabad High Court recently warned that it may be compelled to initiate contempt proceedings against judicial officers who mechanically impose excessive sureties on accused persons when granting bail. On Thursday, a bench of Justice Vinod Diwakar observed that despite...
'Arrest Illegal If Grounds Not Conveyed To Arrestee As Soon As Possible': Kerala High Court
The Kerala High Court has reiterated that failure to communicate the grounds of arrest in accordance with Article 22(1) of the Constitution and Sections 47 and 48 of the Bharatiya Nagarik Suraksha Sanhita (BNSS), 2023 renders the arrest illegal, entitling the accused to be released in Bail.Justice K. Babu made the observation while delivering a common order in four bail applications.“If...
Chandigarh Consumer Commission Holds I.E.T. Bhaddal Liable For Denying Student Exam Opportunity; Awards ₹50,000 Compensation
The complainant, Mr. Raman, took admission in the D-Pharmacy (two-year course) at the Institute of Engineering & Technology (I.E.T.), Bhaddal, Punjab (OP-1) in 2019. The complainant stated that he enrolled based on the assurances of OP-3, who allegedly acted as a commission agent for the institute. At the time of admission, OP-1 informed the complainant that the annual course fee...
56 Former Judges Condemn Impeachment Move Against Justice GR Swaminathan, Call It Attempt To Browbeat Judiciary
Fifty-six former judges of the Supreme Court and various High Courts have issued a strong statement expressing “serious exception” to the move by opposition Members of Parliament to initiate impeachment proceedings against Madras High Court judge Justice G.R. Swaminathan. The former judges have termed the attempt a “brazen effort to browbeat judges who do not fall in line with...
Registration Of Vehicle By Subsequent Purchaser Cannot Be Cancelled Because Initial Registration Was Done With False Representation: Bombay HC
The Bombay High Court has held that where a vehicle has been purchased by an innocent subsequent buyer, and the buyer has fulfilled all statutory requirements, including payment of customs duty, interest, and fine imposed by the Settlement Commission, the vehicle's registration cannot be cancelled merely because the initial registration was obtained on the basis of forged documents. The...