TRENDS
NCLAT seeks Zee's response in IDBI's appeal against order refusing insolvency plea
The NCLAT has decided to hear IDBI Bank's plea against Zee Entertainment Enterprises Limited (ZEEL) on October 11. ZEEL is to file a response in two weeks. During the course of the hearing NCLAT observed that the case is to be heard as it involves a point of law
TRENDS
Go First case: NCLAT permits another lessor to inspect leased aircraft
Jackson is the second lessor to approach the appellate tribunal after Engine Lease Finance BV. On August 18, the NCLAT modified NCLT's July 26 order to permit the engine lessor to carry out inspection of their four engines leased to Go First.
TRENDS
Zee row: Tribunal lists Punit Goenka's appeal for final hearing on September 8
In August, SEBI passed an order revising the directions it had given to ZEEL's former directors Subhash Chandra and Punit Goenka, asking its investigating officials to complete the enquiry in eight months
TRENDS
MC Explains: Why SpiceJet fought two cases in the Delhi High Court against the same order
The two cases deal with different aspects of the arbitral award in the dispute between Spicejet cofounder and chief Ajay Singh, and media baron Kalanidhi Maran.
TRENDS
Go First case: Another lessor moves NCLAT against NCLT order permitting airline to use aircraft
The case is expected to be heard by the tribunal shortly as it was listed at the Registrar's court today.
TRENDS
Kalanithi Maran files caveat against SpiceJet in Supreme Court
The caveat has been filed against Delhi HC's August 24 order refusing to stay the operation of an arbitral award
TRENDS
Numbers game: PC Jeweller files 26-volume response to SBI's 19-volume insolvency plea
The case is now likely to come up for hearing on September 18.
TRENDS
Jet Airways case: NCLAT grants extension to Jalan Kalrock Consortium for Rs 350-crore payment
As per the consortium's undertaking, they will pay Rs 100 crore by August 31, Rs 100 crore by September 30, and the remaining Rs 150 crore will be adjusted from an encashment from an already existing performance bank guarantee.
TRENDS
Chintels Paradiso: Approach consumer forum SC tells residents of towers E, F & G
The court, however, did not dismiss the case and proceeded to tag it with the the other Chintels cases pending before it. The cases are now likely to come up for hearing on September 4
BUSINESS
Bullish on India: PM Modi does not waste time says Raian Karanjawala
The legal luminary invoked the epitaph of famous architect Christopher Wren — “If you want to see his monument, look around you” — and said the government can make a similar boast.
TRENDS
Raian Karanjawala on his friends Ratan Tata, Arun Jaitley, and Rupert Murdoch
His relationship with these luminaries deepened over decades, as Karanjawala was by their side through good times and bad.
BUSINESS
PM-EAC's Shamika Ravi rejects Moody's remarks on Manipur tensions
Speaking at Moneycontrol's Policy Next summit, Ravi said the "number of riots in India have been falling. Though Manipur is not an isolated issue, it is a structural issue related to aspects like land".
BUSINESS
Taxation gives legitimacy to digital assets: Additional Solicitor General Balbir Singh
Singh was a part of a panel discussion on 'Re-Shaping the Global Crypto Landscape' at Moneycontrol's Policy Next on India's G20 presidency. His co-panelists were Kiran Mysore Vivekananda, Chief Policy Officer of CoinDCX and Dilip Chenoy, Chairman of Bharat Web3 Association
BUSINESS
MC Exclusive: Subway India’s former development agents initiate arbitration against American entity
The American restaurant company refused to extend the long-term contract of its former development agents in India, despite assurances to do, the agents claim.
TRENDS
Kalanithi Maran Vs SpiceJet: Court orders Ajay Singh, company to pay Rs 100 cr to Maran by Sep 10
The failure to make the payment could also lead to Singh's arrest, the court said. The case will now come up for hearing again on September 11. According to Maran, SpiceJet owes him Rs 393 crore as of August 3
BUSINESS
Maran Vs SpiceJet: High Court dismisses SpiceJet's plea to stay arbitral award
A division bench of the Delhi High Court has denied relief to SpiceJet CMD Ajay Singh
BUSINESS
CCI junks abuse of dominance plea against Tata Motors, Tata Capital and Tata Motor Finance
The CCI observed that the allegations were made only by the complainants and their claims were not borne out by the testimony of other dealerships across the country.
TRENDS
CCI finds that Chandigarh Housing Board abused its dominant position
The competition watchdog directed CHB to cease and desist from its abusive behaviour. Following corrective steps by CHB, the commission did not impose a monetary penalty.
TRENDS
Kalanithi Maran Vs SpiceJet: Ajay Singh challenges HC order backing arbitration award
The case came up for hearing today before a division bench of the Delhi High Court led by Justice Yashwant Varma.
TRENDS
Eros international Vs SEBI: SAT rejects Eros' appeal against SEBI's interim order
Eros and its executives have now been asked to pursue the case before SEBI.
TRENDS
MC Explains: The legal implication of Bank of Baroda’s notice to Sunny Deol
Though the bank said it will auction the actor’s villa in Mumbai’s Juhu on September 25, it withdrew the notice as a case was pending before a magistrate’s court and the actor had approached the bank to settle the dues.
TRENDS
NCLT defers hearing of SBI's insolvency plea against PC Jeweller to August 29
The case will be heard for admission of insolvency plea on August 29.
COMPANIES
Jet Airways case: NCLAT reserves orders in Jalan Kalrock’s plea seeking time to make payments
The consortium, which is the winning bidder for the debt-ridden airline, had requested for a 90-day extension to pay the amount. The NCLAT will announce its decision on the matter soon.
TRENDS
SpiceJet at NCLT: Wilmington an operational creditor in its own right, lessor says
The NCLT adjourned the case to September 12 due to paucity of time.
