The two-day hearing will be held a week before polling begins for Chhattisgarh, Madhya Pradesh, Rajasthan, Telangana and Manipur state assemblies. The five states will go to the polls between November 7 and 30
Yesterday, CJI said that has already directed the Registrar to allocate two dedicated days for hearing the case, he confirmed today that it has been listed for final hearing.
VI has also contended that penalty and interest on penalty are more than the principle amount itself.
Both the lenders and JKC urged the court to hear the case at the earliest as it is of great importance to aviation as a sector.
Go First case was initially before the chairperson of NCLT Justice (retd) Ramalingam Sudharkar, which was thereafter transferred to a bench comprising technical member Rahul Prasad Bhatnagar in June.
The hearing was to commence on October 11 as per the SC's earlier order, it was postponed owing to constitution bench hearings.
The appellate tribunal has held that OTTs can only be regulated by the Information Technology Act, 2000 and the rules under it.
A Delhi businessman, and his family, alleged that Singh did not give him the shares despite entering into a share purchase agreement for 10 lakh shares, for a consideration of Rs 10 lakh. High Court is likely to hear the case on October 19
Prior to this notification, when an airline filed for insolvency, moratorium would apply and the lessor would not have been able to take back leased aircraft and helicopters from the company immediately, owing to ambiguity in law. The exemption from moratorium changes that.
Bluesky is the third lessor to have secured this order from the NCLAT since August 2023. The first two being Engine Lease Finance BV and Jakson Square Aviation.
The court indicated that it will pass an order restraining SpiceJet from using the engine if the issue is not amicably settled.
But if the Dispute Resolution Panel (DRP) rules in favour of Maruti Suzuki, the issue could be resolved earlier, they added.
The bench directed Go First's case to be placed before the president since Khandelwal and Bhatnagar are no longer sitting together owing to a reshuffle in the bench combinations
Appearing for JKC, senior advocate Krishnendu Dutta, argued that the lenders are objecting to JKC's every move as they do not intend to transfer the ownership of the airline to them.
Despite Meru's appeal having been filed in October 2021, the NCLAT issued notice in the case in October 2023.
Lawyer Lalit Bhasin, who appeared for NRAI argued that service charge is an agreement between a restaurant management and its staff, hence it should be dealt with the authorities under the labour laws.
The case, which was listed for hearing at 2:15 PM was adjourned as the bench could not assemble.
SILF president Lalit Bhasin says the association was not opposed to the entry of foreign law firms; for a phased, sequential entry of foreign law firms, following the Singapore model.
The companies could push for the GST Council to implement these tax changes prospectively rather than retroactively, thereby mitigating immediate financial hardships, legal experts say.
Consensual sexual activity among adolescents being criminalised under the law has been cited as a major reason for the suggested changes
Despite the case being listed for hearing today, the court could not take it up as Justice SV Bhatti recused from it.
Hearing in the case was deferred on the request by government counsel.
During the hearing, SAT orally observed that it is not satisfied with the time taken by the market regulator for investigation and questioned SEBI on whether it would be able to finish the investigation against Punit Goenka
Engine Lease Finance BV, which leased nine engines to SpiceJet, want its remaining one engine back and has asked the court to stop the airline from using it as the lease has been terminated
Justice Sanjay Kishan Kaul Kaul further indicated that he will be monitoring the status of collegium appointments every 10 days going forward.