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Legal Era

From Legal Era
Personal guarantors of corporate debtors to be brought under IBC regime
[ by Kavita Krishnan ]The Centre has made a move in the insolvency reforms by bringing personal guarantors to corporate debtors within the fold of the Insolvency and Bankruptcy Code, 2016 (IBC)...
Vodafone, Income Tax Department In Battle As Company Seeks Refunds While Taxmen Claim Previous Demands
[ By Bobby Anthony ]Vodafone India and the Income Tax Department are battling it out as Vodafone seeks refunds while the Income Tax Department is laying claim on previous demands.From assessment year...
Goa State Government Files Review Petition In Supreme Court Seeking A Relook At Its Earlier Verdict Banning Mining
[ By Bobby Anthony ]The Goa government has filed a review petition in the Supreme Court seeking a relook at the mining ban, more than a year after the Supreme Court banned mining in the state in...
Sweden Drops Rape Probe Against Wikileaks Founder As Assange Appears In UK Court Via Video Link From Prison
[ By Bobby Anthony ]Sweden has dropped its investigation into an alleged rape committed by WikiLeaks founder, whistleblower and publisher Julian Assange, who is currently in a prison in the United...
CPM To Approach Supreme Court A Second Time; To Seek An Immediate Stay On Opaque Electoral Bonds Scheme
[ By Bobby Anthony ]Communist Party of India (Marxist) General Secretary Sitaram Yechury has stated that his party plans to approach the Supreme Court a second time to seek an “immediate stay order”...
MHA Cites Section 69 Of Infotech Act After It Was Asked If It Used Israeli Spyware To Spy On Citizens Using WhatsApp
[ By Bobby Anthony ]The Minister of State for Home, G Kishan Reddy, answered that the government has powers to snoop under Section 69 of the Information Technology Act 2000, after he was asked by DMK...
National Company Law Appellate Tribunal Rejects Pepsico’s Plea Urging Release Of Its Machinery From Oceanic Tropical
[ By Bobby Anthony ]The National Company Law Appellate Tribunal (NCLAT) has rejected a petition filed by Pepsico India Holdings seeking release of its machinery from the premises of Oceanic Tropical...
IndiGo Co-Founder Rahul Bhatia Tells Florida Court That His Partner Gangwal Has Been ‘Non-Cooperative, Obstructive’
[ By Bobby Anthony ]IndiGo co-founder Rahul Bhatia has told a district court in Florida, USA, that his partner Rakesh Gangwal has a “history of being uncooperative and obstructive” to petitioners’...
National Company Law Tribunal Asks The Synergy Group To Prove Its Bonafide Intent To Revive Grounded Jet Airways
[ By Bobby Anthony ]The Mumbai Bench of National Company Law Tribunal (NCLT) has directed the Synergy Group to appear before it and prove its bonafide intent about its bid for the grounded Jet...
Google partners with Banks with the new ‘checking accounts’ feature
[ by Kavita Krishnan ]Google is the latest tech company interested in gaining a deeper foothold in financial services. The Alphabet INC subsidiary is expected to launch a checking account next year,...
Dishonor of cheque issued as a guarantee is not punishable under Sec 138 of the NI Act
[ by Kavita Krishnan ]Jutice K.R. Shriram of the Bombay High Court ruled that if a cheque has not been issued for the discharge of any debt or other liability, and only as a guarantee, Section 138 of...
SC To Hear Chidambaram’s Bail Petition After He Cites Delhi HC’s ‘Cut, Copy, Paste Job’ Order As His Ground To Seek Bail
[ By Bobby Anthony ]The Supreme Court (SC) has agreed to hear the bail petition of Congress leader P Chidambaram in the INX Media money laundering case filed by the Enforcement Directorate, after he...












