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Legal Era

From Legal Era
Bombay High Court Rejects Vijay Mallya’s Plea Against Orders Passed Against Him Under Fugitive Economic Offenders Act
[ By Bobby Anthony ]The Bombay High Court has refused to grant a stay on proceedings before a special court about confiscation of properties of embattled liquor tycoon Vijay Mallya.It has dismissed an...
Netherlands-Based Bankruptcy Administrator Moves NCLAT On Jet Insolvency Case; Agrees Not To Sell Its Seized Assets
[ By Bobby Anthony ]A Netherlands-based bankruptcy administrator has moved the National Company Law Appellate Tribunal (NCLAT) regarding the Jet Airways matter, which has agreed to hear the case.The...
SEBI Summons IndiGo Airlines’ Company Secretary; Begins Probe As MCA Mulls Probe If Companies Act Was Violated
[ By Bobby Anthony ]The Securities Exchange Board of India (SEBI) has summoned IndiGo airline’s company secretary Sanjay Gupta, who has been company secretary as well as chief compliance officer at...
Victim has Right to Appeal against acquittal of accused under Proviso to Section 372 CrPC, Supreme Court
[ By Titus Manickam Rock ]The Supreme Court Bench of Justices Sanjay Kishan Kaul and K.M. Joseph has allowed a victim of a crime the right to appeal under the Proviso to Section 372 of the Code of...
Vijay Mallya Moves Bombay High Court Seeking Protection From Adverse Action, Sale Of Assets By Government Agencies
[ By Bobby Anthony ]Fugitive fugitive economic offender (FEO) Vijay Mallya has moved the Bombay High Court seeking protection from any adverse action against him and his assets by government agencies...
SEBI Starts Investigation Into Alleged Governance Issues At IndiGo, Urges Company Respond To Allegations By July 19
[ By Bobby Anthony ]The Securities and Exchange Board of India (SEBI) has started a preliminary enquiry into alleged corporate governance issues at InterGlobe Aviation, which operates IndiGo, and...
INX Co-Founder Indrani Mukerjea Appears Before Delhi Court As Approver Saying That She Will Depose All Facts Truthfully
[ By Bobby Anthony ]INX Media co-founder Indrani Mukerjea, who turned approver in the INX Media case recently, told a Delhi court that she will depose all facts truthfully.The INX Media case allegedly...
Lenders To Challenge NCLAT’s Essar Steel Order In Supreme Court Soon, Says State Bank Of India Chairman Rajnish Kumar
[ By Bobby Anthony ]State Bank of India’s (SBI) Chairman Rajnish Kumar has gone on record stating that lenders will move the Supreme Court against the National Company Law Appellate Tribunal (NCLAT)...
SBI Commissioned Investigation Flags Suspicious Deals Worth Rs 5,500 Crore Among Anil Ambani Led Reliance Companies
[ By Bobby Anthony ]Transactions worth Rs 5,500 crore on the books of Reliance Communications and two other Anil Ambani-led Reliance Group entities have been flagged by a State Bank of India (SBI)...
NCLAT Urges HUDCO To Drop Its Opposition To McDonald’s-Vikram Bakshi Deal And Recover Remaining Sum From DRT
[ By Bobby Anthony ]The National Company Law Appellate Tribunal (NCLAT) has advised the counsel for HUDCO to accept the Rs 137 crore settlement offer by Vikram Bakshi for now and recover the remaining...
Subharekha Ravi, K Law Associate Partner joins ARA LAW as co-head of PE/VC practice
[ By Titus Manickam Rock ]Subharekha Ravi has added another milestone to her career by joining ARA LAW’s Bengaluru office as Co-Head of the firm’s PE/VC practice.She has hitherto been working for K...
NCLAT Dismisses HDFC’s Insolvency Plea Against RHC Holding; Upholds Principal Bench Order Which Had Rejected Petition
[ By Bobby Anthony ]The National Company Law Appellate Tribunal (NCLAT) has dismissed a petition by Housing Development Finance Corporation Ltd (HDFC) to initiate insolvency proceedings against RHC...











