It was the case of UNCL that the Resolution Plan and its provisions are binding on all the stakeholders of the Corporate Debtor.

Instances of private hospitals overcharging admitted patients are not uncommon and are often reported in media.

With rapid development and globalisation around the world there has been a significant growth in the field of intellectual property rights in the recent years. As a result, the litigation...

In line with its objective to bring clarity in scope and transparency in procedural framework, SEBI has revamped its existing consent order framework.

In a set back to the successful resolution applicant, the Madras High Court, in its recent ruling in "The National Sewing Thread Co. Ltd Vs The Superintending Engineer TANGEDCO" [W.P. No. 29845/2022] decided on June 7, 2024 ...

The ‘medical devices' sector has largely enjoyed a free hand from the regulators in India, as the sphere has largely gone unregulated thus far.

In a recent judgment passed in the case of Grid Solutions OY (Ltd) vs ACIT, the Delhi High Court has ruled on the question whether findings of survey...

The All India Council for Technical Education has published the AICTE (Open and Distance Learning Education and Online Education) Guidelines, 2021 on March 1st, 2021.

The Gratuity Act enforces the payment of "gratuity", a reward for long service, as a statutory retiral benefit.

Attachment Of Property Under The Prohibition Of Benami Property Transactions Act, 1988.

In this case, the assessee, engaged in the business of wet-leasing of aircrafts, had acquired four old Boeing aircrafts from a non-resident company outside India.

Stamp duty is a very important factor in structuring transactions, specially with many of the states in India imposing high stamp duties on documents to shore up their revenues.

The Court emphatically reiterated that LOCs cannot be permitted to operate as coercive debt recovery mechanisms at the instance of banks and financial institutions, particularly in cases where no criminal proceedings involving fraud, siphoning of funds, diversion of money, or serious economic offences are pending.

It will be interesting to wait and watch the outcome of the investigation now going on before the Director General (DG) of the Competition Commission of India (CCI)...

CCI vide its order dated 20.01.2022 found four shipping lines , Nippon Yusen Kabushiki Kaisha (‘NYK Line'/‘OP-1'), Kawasaki Kisen Kaisha Ltd. (‘KLine'/‘OP-2'), Mitsui O.S.K. Lines Ltd. (‘MOL'/‘OP-3')...

The investigative wing of CCI, the Director General (DG), has been directed to carry out a detailed investigation, in terms of Section 26(1) of the Act.

The Competition Commission of India vide order dated 30.08.2018 imposed penalty of Rs. 9,72 ,943/- on Karnataka Film Chamber of Commerce for acting in violation of the provisions of the Competition Act, 2002 ...

2019 will mark a decade since the notification of the anti-trust provisions (anti-competitive agreements and abuse of dominant position) of the Competition Act, 2002 (‘Act') on 20 May 2009.

Order 1 commenced the CIRP for Goa Auto. Consequently, the NCLT appointed Mr. Suresh Saluja as the IRP for the same.

In the intricate tapestry of legal frameworks, the Explanation appended to a statutory provision assumes a role of paramount importance. Its function is not to rewrite the law but to illuminate...