IMP ::: Insolvency and Bankruptcy Code, 2016 – Sections 5(8) and 43 – Mortgage by a Corporate debtor to secure debts of third party not “Financial Debt” within meaning of Section 5(8) – Whether lenders of Jaiprakash Associates Limited could be treated as financial creditors, HELD it cannot be said that the corporate debtor owes them any ‘financial debt’ within the meaning of Section 5(8) of the Code; and hence, such lenders of Jaiprakash Associates Limited do not fall in the category of the ‘financial creditors’ of the corporate debtor Jaypee Infratech Limited – Appeals are allowed
SUPREME COURT OF INDIA DIVISION BENCH ANUJ JAIN INTERIM RESOLUTION PROFESSIONAL FOR JAYPEE INFRATECH LIMITED — Appellant Vs. AXIS BANK LIMITED ETC. ETC. — Respondent ( Before : A.M. Khanwilkar…
Criminal Procedure Code, 1973 (CrPC) Section 340 read with 195 – Penal Code, 1860 (IPC) – Sections 420, 467, 468 and 471 – Production of forged documents before the Revenue Court – Larger bench to consider (i) Whether Section 340 of the Code of Criminal Procedure, 1973 mandates a preliminary inquiry and an opportunity of hearing to the would-be accused before a complaint is made under Section 195 of the Code by a Court? (ii) What is the scope and ambit of such preliminary inquiry?
SUPREME COURT OF INDIA DIVISION BENCH THE STATE OF PUNJAB — Appellant Vs. JASBIR SINGH — Respondent ( Before : Ashok Bhushan and Mohan M. Shantanagoudar, JJ. ) Criminal Appeal…
Bihar and Orissa Public Demands Recovery Act, 1914 – Section 28 – Deposit of amount – Word “deposit” used in the Section, is to be understood and mean that deposit is to be made either, before making an application, or simultaneously with the application within the prescribed time of thirty days
SUPREME COURT OF INDIA DIVISION BENCH NARAYAN YADAV (D) THR.LRS. — Appellant Vs. THE STATE OF BIHAR AND OTHERS — Respondent ( Before : L. Nageswara Rao and R. Subhash…
Goa, Daman and Diu Administration of Evacuee Property Act, 1964 – Section 32 – Any transfer or transaction in respect of any evacuee property is not valid unless it is made with the previous approval of the Custodian
SUPREME COURT OF INDIA DIVISION BENCH SITABAI SHANTARAM TALAWNEKAR AND OTHERS — Appellant Vs. CUSTODIAN OF EVACUEE PROPERTY AND OTHERS — Respondent ( Before : L. Nageswara Rao and R.…
Life Insurance Corporation of India (Staff) Regulations, 1960 – Regulations 39(1), 39(4)(i) and 39(4) – Penalty imposed on employee on the grounds of conduct which had led to a conviction on a criminal charge – Where the respondent was convicted of various criminal offences and subsequently, a notice to show cause was issued – HELD DB of high court was in error to hold the action on notice pending, decision of criminal appeal
SUPREME COURT OF INDIA DIVISION BENCH LIFE INSURANCE CORPORATION OF INDIA — Appellant Vs. MUKESH POONAMCHAND SHAH — Respondent ( Before : Dr. Dhananjaya Y Chandrachud and Hemant Gupta, JJ.…
Enforcement Directorate Has No Right To Impound Passport: SC HELD “Passport can only be impounded by the concerned Passport Authorities. “
Enforcement Directorate Has No Right To Impound Passport: SC [Read Order] Ashok Kini 24 Feb 2020 2:46 PM “Passport can only be impounded by the concerned Passport Authorities. “ The…
Rebuttal Of Presumption U/s 139 NI Act Can Only Be Done After Adducing Evidence: SC HELD “Rebuttal can be made with reference to the evidence of the prosecution as well as of defence.”
Rebuttal Of Presumption U/s 139 NI Act Can Only Be Done After Adducing Evidence: SC [Read Order] LIVELAW NEWS NETWORK 23 Feb 2020 12:34 PM “Rebuttal can be made with…
Bail Applications Need To Be Disposed Of Expeditiously & Finally: SC Records ‘Displeasure’ About Long Pendency Of Bail Plea In HC HELD “We have no hesitation in observing that adopting such a course, that too, by a constitutional Court, is wholly unfathomable and must be eschewed.”
Bail Applications Need To Be Disposed Of Expeditiously & Finally: SC Records ‘Displeasure’ About Long Pendency Of Bail Plea In HC [Read Order] LIVELAW NEWS NETWORK 21 Feb 2020 12:56…
[Electricity]Fixing Of Commercial Tariff For Self-Financed Educational Institutions Legally Valid: SC
[Electricity]Fixing Of Commercial Tariff For Self-Financed Educational Institutions Legally Valid: SC [Read Judgment] Sanya Talwar 20 Feb 2020 7:47 PM The Supreme Court held that clubbing of Self-financed educational institutions…
Himachal Land Revenue Act, 1954 – Sections 32, 32(2)(a), 34, 45 and 46 – Evidence Act, 1872 – Sections 35 and 109 – Presumption of truth attached to the revenue record can be rebutted if such entry was made fraudulently or surreptitiously – Presumption of truth attached to the record-of-rights can be rebutted only if there is a fraud in the entry or the entry was surreptitiously made or that prescribed procedure was not followed
SUPREME COURT OF INDIA DIVISION BENCH SHRI PARTAP SINGH (DEAD) THROUGH LRS. AND OTHERS — Appellant Vs. VERSUS SHIV RAM (DEAD) THROUGH LRS. — Respondent ( Before : L. Nageswara…