News Updates
Supreme Court Rules States Cannot Cite Financial Burden To Delay Judges Retiring At Sixty-Two
06 Aug 2026
Rajasthan High Court Demands Comprehensive Affidavit To Remove Encroachments Affecting Critical Ramgarh Dam Water Flow
06 Aug 2026
How Does Algorithmic Bias In Forest Governance Impact Adivasi Rights In Modern India Today?
06 Aug 2026
Christ University Pune Lavasa Hosts International Conference On Indian Knowledge Systems And Global Governance
06 Aug 2026
Bombay High Court Rules Pre-2015 Unilateral Arbitrator Appointments Valid if Contractually Authorized by Agreement
06 Aug 2026
Madras High Court orders TASMAC to issue bills for every liquor sale amid overcharging row
07 Aug 2026
Why Does Institutional Paralysis Persist Within India’s Lower Judiciary Recruitment Processes Across All State Boards?
07 Aug 2026
Ernst & Young Announces Applications for Senior Associate Role in Legal Practice
08 Aug 2026
Kerala High Court Salutes R. Rajesh's Supreme Sacrifice, Urges Vigilance in Kochi Flood Prevention
08 Aug 2026
Search Results for "Banking, Finance & Insolvency News | Supremetoday AI"
IBC's Sec 238 Overrides; Set-Off (Reg 29) Denied for Group Debts Against Single Corporate Debtor: NCLT
#IBC #NCLT #SetOff #NationalCompanyLawTribunal
NCLT Orders APDCL to Pay Dues to Corporate Debtor, Rejects Group Company Set-Off Plea Guwahati, Assam- The National Company Law Tribunal (NCLT),GuwahatiBench, comprising ShriRammurti Kushawaha(Judicial Member) and Shri Yogendra Kumar Singh (Technical Member), has directed Assam Power Distribu...
Calcutta HC Directs Borrower to SARFAESI Appellate Tribunal, Declines Art. 227 Intervention Despite Procedural Objections Against DRT Order
#SARFAESI #Article227 #AlternativeRemedy #CalcuttaHighCourt
Calcutta High Court Upholds DRT Order in SARFAESI Case, Directs Borrower to Appellate Tribunal Despite Procedural Objections Kolkata:The Calcutta High Court, in a judgment delivered by Hon'ble JusticeShampaSarkaron May 19, 2025, has dismissed a revisional application filed by Ambhi Impex Priv...
PPF Scheme Rule 3(1) on Clubbing Accounts Inapplicable After Minors Attain Majority, Rules Kerala High Court
#PPFLaw #KeralaHighCourt #AccountClubbing #KeralaHighCourt
Kerala High Court Quashes Post Office's Forfeiture of PPF Interest, Rules Minors' Accounts Become Independent on Majority Ernakulam, Kerala:In a significant ruling impacting Public Provident Fund (PPF) account holders, the Kerala High Court has held that PPF accounts opened by a guardian for ...
Bombay HC: Insurer Can't Deny Health Claim For Non-Disclosure If No Nexus To Illness & Policy Renewal Offered Despite Knowledge
#InsuranceLaw #ClaimRepudiation #BombayHC #BombayHighCourt
Bombay High Court Slams Insurer's "Baseless" Claim Denial, Orders Payout for Cancer Treatment Mumbai: The Bombay High Court, in a significant ruling, has set aside an award by the Insurance Ombudsman and directed Care Health Insurance Ltd. to pay Rs. 17,77,151 to a policyholder whose claim fo...
Customer Has 'Zero Liability' for Unauthorized Transactions if Reported Within 3 Days Under RBI Circular, Even with Compromised SIM; Bank Liable for Service Deficiency: Rajasthan HC
#BankingLaw #CyberFraud #RBIGuidelines #RajasthanHighCourt
Rajasthan High Court Upholds 'Zero Liability' for Bank Customer in Cyber Fraud Case, Orders Full Refund Jaipur, Rajasthan– The High Court of Rajasthan (JaipurBench), in a significant ruling on May 8, 2025, underscored the principle of 'zero liability' for bank customers in cases of unauthoriz...
Post-CIRP Customs Demand Extinguished as Claim Not Filed During Insolvency Process: NCLT
#InsolvencyLaw #IBC #CorporateLaw #NationalCompanyLawTribunal
Patanjali Foods Wins Relief as NCLT Quashes Post-CIRP Customs Demand Ahmedabad, India– In a significant ruling for corporate insolvency jurisprudence, the National Company Law Tribunal (NCLT) Ahmedabad Bench has quashed a demand raised by the Additional Commissioner of Customs, Kandla, agains...
Performance Bank Guarantees & Margin Money Can Be Invoked Despite CIRP Moratorium and Resolution Plan: NCLT Hyderabad
#IBC #NCLT #BankGuarantee #NationalCompanyLawTribunal
NCLT Hyderabad Upholds Invocation of Bank Guarantees and Appropriation of Margin Money Post-CIRP Commencement Hyderabad, Telangana – April 9, 2025– The National Company Law Tribunal (NCLT), Hyderabad Bench, comprising ShriRajeev Bhardwaj(Member Judicial) and Shri Sanjay Puri (Member Technical...
NCLT Orders Rectification of Ankit Metal's Information Memorandum & RP Replacement Citing Gross Asset Non-Disclosure (IBC Sec 60(5), Reg 36)
#IBC #NCLT #AssetDisclosure #NationalCompanyLawTribunal
NCLT Cracks Down on Asset Misrepresentation in Ankit Metal CIRP: Orders IM Rectification, RP Replacement Kolkata, West Bengal – April 09, 2025– The National Company Law Tribunal (NCLT), Kolkata Bench, delivered a significant order today in the ongoing Corporate Insolvency Resolution Process (...
Karnataka High Court Sets Aside Tribunal's Stay Order in FEMA Penalty Case, Emphasizes Need for Bank Guarantees to Safeguard Revenue
#FEMA #EnforcementDirectorate #BankGuarantee #KarnatakaHighCourt
Karnataka High Court Orders Google India to Furnish Bank Guarantees in FEMA Penalty Appeal Bengaluru, Karnataka – March 20, 2025– The Karnataka High Court has set aside an order by the Appellate Tribunal forSAFEMA,FEMA, PMLA, NDPS and PBPT Act, which had granted a stay on penalties imposed on...
NCLT Mumbai Bench Recalls CIRP Order, Slams Financial Creditor for Fraudulent Initiation under IBC S.65
#InsolvencyLaw #FraudulentCIRP #NCLT #NationalCompanyLawTribunal
NCLT Mumbai Bench Recalls CIRP Order, Cites Fraud by Financial Creditor Mumbai, India– In a significant judgment delivered on March 18, 2025, the National Company Law Tribunal (NCLT) Mumbai Bench-I, comprising Hon’ble Member (Judicial) Shri Prabhat Kumar and Hon’ble Member (Technical) ShriV....
