Legal

Delhi excise policy scam case: SC grants bail to Pernod Ricard executive

Senior advocate Harish Salve appeared for the executive, Benoy Babu, and argued that he has been in custody for the last 13 months and that he does not occupy a policy making position in Pernod Ricard.

ITAT grants interim stay on Rs. 1666 crore income tax demand against Indigo

According to the regulatory filing and the order of ITAT, the stay will operate for a period of six months or till the disposal of appeal, whichever is earlier.

JKC files appeal against NCLT order directing sale of Jet Airways aircraft

The sale process was put on hold in November 2022 owing to a deadlock in the monitoring committee comprising representatives of the financial creditors, JKC and the resolution professional

Google Vs Startups: Google withdraws plea against order on CCI probe into billing system

According to Google, the single judge's order was passed at a time when CCI did not have quorum to hear the pleas by startups, however CCI now has a quorum and has been hearing the plea by start ups.

SpiceJet clears part of dues to Celestial Aviation, NCLT grants till Jan 18 to finalise settlement

The case is now likely to come up for hearing on January 18 where SpiceJet and Celestial are expected to tell NCLT on the status of the settlement.

Legal experts laud SC decision on ‘Group of Companies’ Doctrine, say it gives much-needed clarity to arbitration

By vesting the authority to decide on a group of companies with the arbitral tribunal, the Supreme Court has given greater powers to the process of arbitration, say experts, and also removes any confusion on who can be party to a dispute

No settlement in cheating case relating to Hero Motocorp's Pawan Munjal, HC to hear case in January

The HC is now likely to hear the case on January 24, interim stay against the proceedings will continue till then.

Zee-Sony merger: NCLAT defers hearing of appeals by Axis Finance, IDBI Bank to December 15

The NCLT had on August 10 approved the merger of Zee Entertainment and Culver Max Entertainment, previously Sony Pictures Networks India, paving the way for the creation of a $10-billion media giant in the country

SC upholds application of 'group of companies doctrine' in Indian arbitration law

According to the doctrine, a non-signatory to an arbitration agreement could be made party to an arbitration dispute if they are a member the group of companies.

Delhi HC seeks Go First’s response to aircraft lessor’s contempt plea

The RP has been directed to file a response in the form of an affidavit by December 10. The court further directed that its orders directing maintenance of the aircrafts and other parts need to be followed

Cash-for-query row: Delhi HC defers Mahua Moitra's defamation suit to December 11

Moitra’s lawyers argue that social media attacks persist despite filing the lawsuit, emphasizing the need for an urgent interim order.

NCLT rejects Willis Lease finance's insolvency petition against SpiceJet

SpiceJet had questioned the maintainability of Willis' plea on the ground that they had filed similar plea earlier this year but chose to withdraw the same owing to certain technical defects

GAIL, ArcelorMittal Nippon Steels settle LNG supply dispute; end litigation

The lawyers for both ArcelorMittal Nippon Steels and GAIL told the court that a settlement had been reached by the last week of November and the terms of the settlement have been recorded in an agreement

SpiceJet making payments to Credit Suisse dues following court order, lawyers tell SC

The court however made it clear that it would continue to monitor the loan repayment and would not dispose off the case.

SC upholds SAT order setting aside SEBI penalty against Apollo Tyres

During the course of the hearing the SC bench led by Justice Sanjiv Khanna criticised the market regulator for appealing against every order of the SAT that has gone against them.

Zee-Sony merger: IDBI trusteeship files appeal against Subash Chandra at NCLAT

The appeal challenges the order of NCLT, Mumbai rejecting its claim and giving a go ahead to the merger of media giants Zee Entertainment Enterprises Limited and Sony. The NCLT had rejected IDBI trusteeship's objection to the merger

Go First case: Lessor files contempt in HC, alleges wilful non-compliance of orders

The lessor, who has leased to aircrafts to Go First, has also contended that there is an apprehension that the components of the aircraft have been 'cannibalised' . The lessor has also contended that RP has not permitted them to inspect the aircrafts from September onwards.

Go First case: NCLT the only tribunal to adjudicate all IBC disputes, RP tells Delhi HC

The arguments were made in a bunch of writ petitions filed by the lessors of the Go First against the Director General of Civil Aviation (DGCA) to deregister their aircraft

Pawan Munjal offers to deposit Rs 25 crore against assets seized by ED

Munjal's lawyers made the statement while the high court was hearing an application by ED seeking status quo of the assets they had attached on November 10.

Tech services provider moves insolvency plea against SpiceJet over Rs 2.7 cr default

The plea came up for hearing at the National Company Law Tribunal (NCLT) in Delhi on November 30, wherein the tribunal has sought for SpiceJet's response. The case is now likely to come up for hearing on January 9, 2024

Access to justice not a choice, but a vital necessity for Global South: Amitabh Kant

According to Kant, in the absence of access to justice, growth in global south will neither be feasible nor be possible.

Dhankhar urges Global South to follow India in shedding exploitative colonial laws

Vice President Dhankhar said "By very nature, these laws were aimed to be harsh and exploitative for the local population. Time has come (for the global South) to follow India’s example and emulate the same.”

New criminal law bills will bid adieu to the colonial mindset: Sr Adv Sanjay Jain

Jain suggested further simplification of the tax regime, further digitisation of government services, and creating channels for regular feedback from the business community to reduce the compliance burden.

President Droupadi Murmu advocates All India Judicial Service exam for Judges' selection

Murmu noted that an all India examination would help talented candidates from varying backgrounds would get an opportunity to become judges