The banks had opposed the appellate tribunal’s order of transferring the carrier to winning bidder Jalan Kalrock Consortium

The sanction will not affect the pending actions by government authorities

NCLT Mumbai rules that defaults during the Section 10A period of IBC remain protected, barring insolvency initiation afterward.

The Andhra Pradesh High Court has allowed an assessee to apply for the revocation of GST registration cancellation, which was missed due to insolvency proceedings. The court recognized the need for flexibility to aid business recovery post-insolvency.

The Delhi High Court ruled that it cannot interfere in procedural orders by arbitral tribunals under Articles 226 and 227, affirming limited jurisdiction in arbitration matters.

It will be effective from 12 January, which is 90 days after the circular's issuance

Experts suggest legal ramifications and recourse

This would be the first by any company using the competition watchdog's newly-introduced settlement provision

In a significant judgment, the Himachal Pradesh High Court upheld the personal liability of an accused under the Negotiable

The Delhi High Court has approved a settlement agreement between Dubai's Jumeirah Beach Resort LLC, the international

The company accused the co-founder and his wife of misappropriation of funds

The appeal on the final hearing will be heard on 26 September