Legal Updates

Reputation. Respect. Result.

18
MAY
2015
Legal Updates

GUIDE TO IBC

The Insolvency and Bankruptcy Code came into force on 11th May 2016. The purpose behind this very enactment was to lead the way towards an easy process for insolvency and to bring in a law that would amalgamate and integrate all the previously existing insolvency laws.The Insolvency and Bankruptcy Code, 20161 (IBC) to be read with Insolvency & bankruptcy ( Rules, 2019).

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01
JUN
2016
Legal Updates

138 - Decriminalisation

There are certain provisions under the law that are criminal and that criminalization has been done with a motive. The motive is simple, i.e. to refrain that very happening by putting up some stricter and daunting restrains over the society, Bills of Exchange and Cheques. This, N.I Act contains approximately 147 sections which are amended regularly as per the requirement.

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25
NOV
2014
Legal Updates

Case Brief Harsora

The present appeal arises out of a judgment dated 25.9.2014 of a Division Bench of the Bombay High Court.Here on 3.4.2007, Kusum Narottam Harsora and her mother Pushpa Narottam Harsora filed a complaint under the 2005 Act against their brother/son, his wife and two sisters/daughters, alleging various acts of violence against them.

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28
FEB
2019
Legal Updates

Audio Recording Admissible

MAs per the provision of IT Act, electronic record means data, record or data generated, image or sound stored, received or sent in an electronic form or micro film or computer generated micro fiche.

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21
NOV
2014
Legal Updates

Listing Of Corporate Veil

The Corporate Veil Theory is a legal concept which separates the identity of the company from its members. Hence, the members are shielded from the liabilities arising out of the company’s actions.

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26
OCT
2016
Legal Updates

Public Interest Litigation

PIL refers to litigation promised to secure public interest & demonstrates the availability of injustice to the people who ‘actually’ need it but couldn’t arrange it for themselves.


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24
AUG
2018
Legal Updates

Rights Of Prisoners

PIL refers to litigation promised to secure public interest & demonstrates the availability of injustice to the people who ‘actually’ need it but couldn’t arrange it for themselves.

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02
JUN
2021
Legal Updates

PNB (International) Ltd. (Represented by Mr.Mithilesh Pandey of Supreme Law House LLP).

The case before the National Company Law Tribunal, Mumbai Bench, involved a financial...

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16
Sept
2021
Legal Updates

Mr. Namdev Hindurao Patil (Warana Dairy & Agro Industries ltd.)

Punjab National Bank (International) Ltd. (Financial Creditor) filed an application under, Section 7 against Warana Dairy and Agro...

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01
Feb
2025
Legal Updates

Punjab National Bank (International) Limited Secures Victory in NCLT: A Landmark Insolvency Ruling

In a significant legal victory for Punjab National Bank (International) Limited (PNBIL), the National Company Law Tribunal (NCLT), Principal Bench, New Delhi, has admitted the bank’s application under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC), against MBL (MP) Toll Road Company Limited. (SPV of MBL Infrastructure).

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