Page 7 - Miscellaneous Application News Today

A Bench comprising of Navin Sinha and KM Joseph observed that an application under Section 34 of the Arbitration and Conciliation Act to set aside an award is covered by moratorium under Section 14 of the Insolvency and Bankruptcy Code. Section 34 proceeding is a proceeding against the corporate debtor in a court of law pertaining to a challenge to an arbitral award and would be covered just as an appellate proceeding in a decree from a suit would be covered, the bench headed by Justice...

Fugitive Sandesaras Claim “Religious Persecution” due to Ahmed Patel Link; Say They Are Victims of “Malfunctioning” Banking System  13 At a time when the government wants to create a ‘bad bank’ to transfer non-performing loans of corporate India owed to public sector banks (PSBs), the story of the Sterling group provides an astonishing picture of how several thousand crores of rupees of outstanding dues are being wiped out in collusion with PSBs, agencies and the government.    ...

Supreme Court Weekly Roundup [Jan 25 – Jan 31] Share This - x Top Stories: 1. We Are Concerned About Broadcasts Which Incite Violence : Supreme Court Seeks Clarity From Centre On Powers Under Cable TV Act A Bench led by CJI SA Bobde asked the Central Government about its powers under Cable TV Networks(Regulation) Act 1994 to control broadcast of content (by electronic media), that has a tendency to incite violence. "We arent concerned so... Your free access to Live Law has ex...