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Legal Era

From Legal Era
NCLT Orders Insolvency Proceedings Against Marg Ltd After Debt Recovery Tribunal Rules In Favor Of Its Lender ICICI Bank
[ By Bobby Anthony ]The National Company Law Tribunal (NCLT) at Chennai has appointed an Interim Resolution Professional under the Insolvency and Bankruptcy Code, in a case of repayment default...
ICICI-Videocon Loan Case: Special CBI Court Reserves Order On Rajiv Kochhar’s Plea Seeking Cancellation Of Look Out Circular
[ By Bobby Anthony ]The Special CBI Court in New Delhi has reserved its order on former ICICI CEO Chanda Kochhar’s brother-in-law Rajiv Kochhar's plea seeking cancellation of a Look Out Circular...
Supreme Court Directs Telangana High Court To Decide Former TV9 CEO Ravi Prakash’s Anticipatory Bail Plea
[ By Bobby Anthony ]The Supreme Court has directed the Telangana High Court to decide the merit of former TV9 CEO V Ravi Prakash’s anticipatory bail plea.The case was sent back to the Telangana High...
SEBI Seeks Amendment To SEBI Act Making Pre-Deposit Mandatory In Order To Challenge Its Orders Before SAT
[ By Bobby Anthony ]The Securities and Exchange Board of India (SEBI) has sought an amendment to the SEBI Act to provide for a mandatory “pre-deposit” of 10% of the penalty amount by any entity which...
Google to Remove Rogue Chrome Browser Extensions and Apps Which Violate Its Latest Privacy Rules from Web Store
[ By Bobby Anthony ]Google has announced plans to clamp down on rogue extensions to its Chrome web browser which have been found to house malware, spread crypto scams and access user data, according...
Reliance Infratel Lenders Approach NCLT Against Interim Resolution Professional's Move To Admit Bankers’ Claims
[ By Bobby Anthony ]A group of lenders which calls itself “the syndicate of direct lenders to RITL", with “direct exposure” to Reliance Infratel Limited (RITL) has petitioned the National Company Law...
Johnson & Johnson To Compensate Faulty Hip Implant Affected Patients Rs 25 Lakh Each, Company Informs Delhi HC
[ By Bobby Anthony ]Patients affected by faulty Johnson & Johnson Pvt Ltd’s Articular Surface Replacement (ASR) hip implants will be paid compensation worth Rs 25 lakh each, the company has informed...
No Privacy Was Invaded, Because There Was Neither Privacy Nor Any Such Expectation, Facebook’s Lawyer Tells US Court
[ By Bobby Anthony ]Facebook’s company attorney Orin Synder has practically contradicted Facebook CEO Mark Zuckerberg’s claim at a recent shareholder meeting that he wants to build a “privacy focused”...
National Company Law Appellate Tribunal Has An Exclusive Jurisdiction To Try All Company Matters, Says NCLAT
[ By Bobby Anthony ]The National Company Law Appellate Tribunal (NCLT) has held that no other forum or court, except the NCLT itself, has any jurisdiction to try matters under the Companies Act...
NCLAT Gives Vikram Bakshi Final Chance To Settle Dispute With HUDCO Before McDonald's Settlement
[ By Bobby Anthony ]McDonald’s estranged joint venture partner Vikram Bakshi has been given the final chance by the National Company Law Appellate Tribunal (NCLAT) to settle his dispute with the...
Trial Proceedings Against Top Former Punjab National Bank Officials Stayed By The Delhi High Court
[ By Bobby Anthony ]The Delhi High Court has stayed the trial court proceedings against its former Managing Director and Chief Executive Officer Usha Ananthasubramanian and 11 other senior Punjab...
Brazilian Girl Raped In Cuffe Parade
Mumbai Police arrested Cuffe Parade Residents Association president, Padmakar Nandekar, for allegedly raping a 19-year old Brazilian girl. The girl had stayed with the Nandekars for six months before...












