The Supreme Court has ruled that co-operative banks come under the ambit of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Act 2002 (SARFAESI Act).A constitution...
The Court of Appeal in London has refused permission for the British subsidiary of Punjab National Bank (PNB) to appeal against a judgment dismissing its $45 million claim for fraud and...
The Supreme Court declined to entertain Trinamool Congress MP Mahua Moitra’s plea challenging the validity of the Ministry of Corporate Affairs’ circular, which excluded Chief Minister relief funds...
In a major impact of the coronavirus pandemic and the halt in businesses, US-headquartered Golds Gym has filed for bankruptcy under Chapter 11 of the United States Bankruptcy Code and it seeks to...
In a relief to telecom major Bharti Airtel, the Delhi High Court has directed the Centre to verify the company’s claim of excess GST of Rs. 923 crore within two weeks and refund the amount once...
In a first high-profile death due to coronavirus in the country, former Chattisgarh High Court Chief Justice and Lokpal member Justice Ajay Kumar Tripathi (retd) passed away at the All India Institute...
With the country set to enter the third phase of the lockdown, imposed to contain Covid-19 infection, the Delhi High Court has decided to extend suspension of its functioning along with that of...
Senior advocate Harish Salve, speaking on the Kulbhushan Jadhav matter, said that a point has come in the case where India would have to decide whether to go to the International Court of Justice...
Section 540 aims to prevent directors from taking advantage of the corporate veil to defraud creditors, thus serving as an effective recourse for creditors who have been defrauded by directors of a...
Throughout the years it has been proven that an ultimate strategy to capture positive value does not exist. Alternatively a combination of strategies and factors should be used ...Private Equity:...
To enable inhouse counsel to effectively fulfill its role of legal risk management, there should be relevant frameworks and policies in place to govern the management of legal risk...Simply, legal...
