TRENDS
Madras HC temporarily restrains Google from delisting apps of Indian startups
The interim arrangement is subject to the startups paying 4 percent of the gross revenue of the downloads from Play Store to Google, and will have to submit the data to the search giant on the 15th of every month.
TRENDS
Jet Airways case: JKC to deposit Rs 200 crore as Bonafide by September 30 to lenders
During the hearing today, senior advocate Ravishankar Prasad appearing for JKC argued that they will deposit Rs. 100 crore by August 31, another Rs. 100 crore by September 30. According to JKC, there is a bank guarantee that is already lying in favour of the CoC, which they could encash so that it totals to Rs. 350 crore.
TRENDS
Go First case: NCLAT permits engine lessor to carry out inspection, modifies NCLT order
The appellate tribunal further noted that it does not approve the order of NCLT, which refused to permit the engine lessor from inspecting the engines they have leased out.
TRENDS
NCLT defers hearing of insolvency pleas against SpiceJet
Two of the pleas have been adjourned to September 11, while one is likely to come up for hearing August 18.
TRENDS
Go First's settlement talks with Delhivery fail, legal battle to continue at NCLT
Both Delhivery and Go First have now decided to continue their legal battle at the NCLT. The tribunal has now sought response of Go First's Resolution Professional to Delhivery's plea. The case may come up for hearing on September 15
BUSINESS
GE Power withdraws insolvency plea after BHEL agrees to pay Rs 25 crore
The National Company Law Tribunal has given GE the liberty to bring back the insolvency plea if BHEL fails to pay Rs 25 crore by September 16
TRENDS
NCLAT agrees to hear IDBI’s appeal against ZEEL at length; next hearing on Aug 31
The case is pertaining to IDBI Bank's insolvency plea against media major Zee Entertainment Enterprises Limited (ZEEL).
TRENDS
Delhi HC denies interim relief to Sun Pharma against Finecure in trademark dispute
The court said Sun Pharma knew of the trademark issue for 13 years but filed a plea only after it found that Finecure had become a formidable market player
TRENDS
Government draws up SOP for its officials to be summoned to court
The SOP comes at a time when both High Courts and the Supreme Court have been summoning government officials for non-compliance of their orders or to find out details pertaining to a case
TRENDS
Open justice: How Supreme Court took help of AI, other tech to ensure better access
Over the last two years, the court has introduced a slew of measures such as live-streaming of constitution bench cases and virtual hearing. These measures have ensured that the Supreme Court and its proceedings are now easily accessible
BUSINESS
Bullish on India: Our unique bottom up economic model suits us, says ASG Vikramjit Banerjee
Culturally, Indian capitalism has always been rooted in helping small businesses flourish and then spread the development upwards to other sections of society, says ASG Banerjee.
BUSINESS
Bullish on India: Political stability is key for growth, says senior advocate Rakesh Dwivedi
Easier laws, quick access to credit, and faster clearance of licences are all the result of stable government and boost investor confidence, driving economic growth, says Dwivedi.
TRENDS
SC stays execution plea by Reliance Infra-owned Delhi Airport Metro Express against DMRC
A stay was granted on execution as DMRC has moved a curative petition asking the apex court to reconsider its 2021 order upholding the arbitral award in Reliance infra's favour
BUSINESS
Click Here For Justice: Use of technology has put India in a commanding position, says Maharashtra AG Birendra Saraf
The advocate general said that the ongoing e-courts project will lead to citizens having access to the courts at their fingertips.
TRENDS
SC issues contempt notice to SpiceJet CMD Ajay Singh on Credit Suisse's plea
If it is proved that SpiceJet has willfully failed to comply with its orders, the Supreme Court has the powers to punish the cash-strapped airline and Singh
TRENDS
SC grants Delhi govt time till September 30 to formulate bike aggregator policy
The Delhi government had in June undertaken to introduce a policy by July end.
BUSINESS
Bullish on India: India is moving towards an era of trust and transparency, ASG Venkatraman
Venkatraman said that laws passed by a country should lead to peace and harmony for its citizens, and growth and development for its businesses.
TRENDS
Proposed repeal of criminal legislation biggest reform in 76 years, lawyers say
Lawyers said the move to bring in new legislation to replace the Indian Penal Code, the Code of Criminal Procedure, and the Indian Evidence Act is the biggest reform of criminal law since India attained independence in 1947.
TRENDS
SpiceJet case: NCLT defers Willis Lease Finance's insolvency plea hearing to September 11
During the hearing today, senior advocate Virender Ganda, who appeared for Willis, argued that it was the creditor under the provisions of Insolvency and Bankruptcy Code, 2016.
TRENDS
NCLAT stays NCLT order admitting Coffee Day Global to insolvency process
On July 20, the Bengaluru bench of the National Company Law Tribunal (NCLT) admitted Coffee Day Global to insolvency after IndusInd Bank moved a petition alleging that the former defaulted on Rs 94 crore
BUSINESS
SC seeks ED's response in M3M directors' plea challenging Punjab and Haryana HC order
In July 2023, the Punjab and Haryana High Court refused to release Basant Bansal and Pankaj Bansal, after they were arrested on charges of money laundering in connection with a former CBI judge in Panchkula
TRENDS
Delhi HC rules in favour of Reliance Infra in arbitral dispute with NHAI
The High Court directed NHAI to deposit Rs. 1204 crore, which is the amount of arbitral award along with the interest.
TRENDS
Google vs startups in Madras HC: Tech giant not to delist apps from Playstore till August 18
The high court has issued a notice to Google and admitting startups' pleas against its earlier order that dismissed their petitions against the tech giant's in-app billing policy
TRENDS
'We can't force them to sell', NCLAT tells prospective buyer of Jet Airways aircraft
The case is likely to come up on September 6
