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Legal Era

From Legal Era
NCLT Reserves Order On Aircel’s Resolution Plan
[ By Bobby Anthony ]The National Company Law Tribunal (NCLT) has reserved its order on the resolution plan for Aircel, whose proposed buyer is asset reconstruction firm UV Asset Reconstruction Company...
Nanoco files patent infringement lawsuit against Samsung Electronics
[ by Kavita Krishnan ]UK based Nanoco Group PLC (Nanoco) has filed a patent infringement lawsuit Nanoco against South Korean electronics giant Samsung Electronics Co. and affiliates in the United...
Get Papers Or Face Arrest: NCLT Tells Suspended Cox Bosses
[ By Bobby Anthony ]The Mumbai bench of the National Company Law Tribunal (NCLT) has directed suspended directors of Cox & Kings as well as its earlier auditors to give the details sought by its...
NCLT Allows Exclusion Of 106 Days From HDIL’s CIRP
[ By Bobby Anthony ]The National Company Law Tribunal (NCLT) has allowed exclusion of around 106 days from the corporate insolvency resolution process (CIRP) of Housing Development and Infrastructure...
SC Transfers Plea Against IBC Ordinance From HC To Itself
[ By Bobby Anthony ]The Supreme Court has allowed the transfer of a petition challenging the constitutional validity of IBC (Amendment) Ordinance, 2019, from the Delhi High Court to itself.Earlier, a...
Supreme Court To Hear Vijay Mallya’s Plea In March
[ By Bobby Anthony ]The Supreme Court has adjourned a plea by Vijay Mallya, seeking a stay on proceedings initiated by the Enforcement Directorate (ED) to declare him a fugitive economic offender and...
Cyrus Mistry Moves SC Seeking Directorship At Tata Sons
[ By Bobby Anthony ]Cyrus Mistry and his investment firms have filed a ‘limited cross-appeal’ in the Supreme Court, pleading that they be granted directorship in Tata Sons Ltd.In the petition filed on...
Budget 2020: Disenfranchisement of the Income Tax Appellate Tribunal
Two amendments in the Finance Bill of 2020, though conjoint yet carrying distinctive implications, have caught the attention of the taxpayers and legal fraternity alike. They relate to the...
Aircel-Maxis: Court Seeks ED, CBI Response To Karti's Plea
[ By Bobby Anthony ]A Delhi court has issued notice to the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) in response to a petition filed by Congress MP Karti Chidambaram...
Calcutta HC Asks RBI To Take Action Against Bank Of Baroda
[ By Bobby Anthony ]The Calcutta High Court has directed the Reserve Bank of India (RBI ) to take appropriate steps against Bank of Baroda (BoB), including revoking its banking license, if...
Anil Ambani Actively Ran Reliance Capital, Says UK Court
[ By Bobby Anthony ]An irregularity in companies owned by Anil Ambani reflects his conduct since he is fully involved in running their operations, a London court has ruled.The British court took note...












