NCLAT Dismisses Plea Challenging Investigation Into Alleged Siphoning By Exclusive Capital, Promoters

The National Company Law Appellate Tribunal (NCLAT) at Delhi has recently dismissed an appeal filed by Exclusive Capital Ltd. and its promoters, upholding the National Company Law Tribunal (NCLT) Delhi's decision directing a full investigation into the company's affairs. The probe concerns allegations that the management siphoned funds through related-party transactions and diversion of...

'Estimation Theory Doesn't Apply To Sham Purchases': ITAT Mumbai Restores Full Disallowance Of ₹26.49 Lakh

The Income Tax Appellate Tribunal (ITAT) Mumbai has held that where purchases are conclusively proven to be bogus and the assessee fails to substantiate the genuineness of suppliers, the entire purchase amount must be added to income and the benefit of estimating profit element cannot be applied. A Bench of Smt. Beena Pillai (Judicial Member) and Shri Omkareshwar Chidara...

NCLT Bengaluru Denies Interim Relief To Riju Ravindran In His Plea Against Glas Trust's Aakash Right Issue Funding Plan

The National Company Law Tribunal (NCLT) at Bengaluru on Tuesday refused to grant any interim relief in former Byju's promoter Riju Ravindran's plea challenging the Committee of Creditors' approval of a Compulsorily Convertible Debenture structure proposed by Glas Trust to fund Think and Learn Private Limited's subscription to Aakash Educational Services Limited's rights issue. The...

Associate (Legal) Vacancy At CulverMax Entertainment Private Limited [Mumbai; Apply Now]

CulverMax Entertainment Private Limited invites online application for the post of Associate (Legal). Name of the Post: Associate (Legal) Location: Mumbai (Work from Office) Essential Qualification and Experience · Candidate shall have a LL.B. or other post-graduate qualification in Law from a reputable institution with 3–5+ years of legal experience, with a minimum of 3 years directly in the Media & Entertainment (M&E) industry, specifically focused on content...

MV Act | Supreme Court Refers Issues Regarding Cashless Treatment To Justice Sapre Committee's Examination

The Supreme Court recently referred to the Justice AS Sapre Committee (Supreme Court Committee on Road Safety) issues pertaining to cashless treatment and complete insurance coverage for road accident victims.A bench of Justices JB Pardiwala and KV Viswanathan was dealing with intervention applications filed by Advocate Kishan Chand Jain in the 2012 PIL of Dr. S Rajaseekaran (Chairman and Head...

Madras High Court Refuses To Restrain Celebrity Stylist Joy Crizilda From Naming Madhampatty Rangaraj's Company In Social Media Posts

The Madras High Court has refused to restrain celebrity stylist Joy Crizildaa from tagging the names of Madhampatty Catering Company in her social media posts. Justice N Senthil Kumar dismissed the application for interim injunction moved by the catering company seeking to restrain Crizildaa and any person claiming through her, from tagging, hashtag, marking, writing, uploading,...

Deesa Warehouse Fire: Gujarat High Court Seeks State's Response On PIL For Compensation To Victims, Regulation Of Fire Cracker Units

The Gujarat High Court on Tuesday (November 25) sought the response of the State government and the Gujarat Pollution Control Board on a PIL concerning a fire incident which had occurred in two alleged illegal fire cracker manufacturing warehouses in Deesa town in April this year leading to the death of 21 persons. For context, a petition on the issue was transferred to the High Court by...

Coop. Bank Officers Are 'Public Servants' Under PC Act; Dept Exoneration Without Finding On Merits No Bar To FIR: Allahabad High Court

The Allahabad High Court has clarified that the employees of Co-operative Banks controlled or aided by the government fall squarely within the definition of a 'Public Servant' under the Prevention of Corruption Act, 1988. The Court further said that a 'technical' exoneration in a departmental inquiry, where the Inquiry Officer merely states a lack of competence to investigate the...

2025 LiveLaw (SC) 1141 | G.R. Selvaraj (Dead), through LRs. versus K.J. Prakash Kumar and others

Order XXI Rule 90 CPC | Auction Sale Can't Be Challenged On Grounds Which Could Have Been Raised Before Proclamation : Supreme Court ...

Order XXI Rule 90 CPC | Auction Sale Can't Be Challenged On Grounds Which Could Have Been Raised Before Proclamation : Supreme Court

The Supreme Court on Tuesday (November 25) held that a judgment-debtor cannot, at a belated stage, assail an auction sale in execution proceedings, particularly once the sale has been completed. The Court observed that such a challenge is impermissible under Order XXI Rule 90(3) of the Code of Civil Procedure when the judgment-debtor had a prior opportunity to raise objections before...

Delhi HC Allows Time-Barred Appeal Against Customs' Confiscation Of Gold, Says Traveller Cannot Be Left Remediless Due To Wrong Legal Advice

The Delhi High Court recently allowed an air traveller to prefer a time-barred appeal against confiscation of gold by the Customs Department, upon his arrival from Thailand.In doing so, a division bench of Justices Prathiba M. Singh and Shail Jain said, “the Petitioner cannot be rendered completely remediless in this matter as he may have proceeded on the legal advice.”The Petitioner...

Bollywood Actor Celina Jaitly Files Domestic Violence Complaint Against Austrian Husband, Demands ₹50 Crore Compensation

Bollywood actor Celina Jaitly has moved a complaint under the Domestic Violence Act against her Austrian-national husband Peter Haag demanding Rs 50 crore for continued harassment and cruelty she has been subjected to in her nearly 15 years marriage.The complaint has been filed before the Judicial Magistrate at Andheri, Mumbai, wherein the actress has cited several instances of her...