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SC dismisses Devas' plea against NCLT's order to wind up firm - Vimarsana News

SC dismisses Devas' plea against NCLT's order to wind up firm

The Bengaluru-based company has been engaged in a decade-long legal tussle with ISRO’s commercial arm Antrix. A detailed verdict is likely to be uploaded by the afternoon.

'Can't you afford a desktop to argue?': SC irked over disruptions as lawyers use mobile phones for online hearings - Vimarsana News

'Can't you afford a desktop to argue?': SC irked over disruptions as lawyers use mobile phones for online hearings

A Supreme Court bench headed by Chief Justice of India (CJI) N V Ramana on Monday expressed unhappiness over repeated disruptions during virtual hearings due to the use of mobile phones by several advocates, and said it may have to ban participation through mobiles. A bench comprising the CJI and justices A S Bopanna and Hima Kohli was unhappy over the fact that it had to

Supreme Court junks Devas Multimedia's appeal against NCLAT order - Vimarsana News

Supreme Court junks Devas Multimedia's appeal against NCLAT order

The NCLT's direction came over a petition filed by Antrix Corporation, the commercial arm of the Indian Space Research Organisation (ISRO).

Source: india.com
Devas Multimedia first case of winding up on company on grounds of fraud - Vimarsana News

Devas Multimedia first case of winding up on company on grounds of fraud

The Supreme Court on Monday upheld the National Company Law Appellate Tribunal order, passed in September last year, directing for winding up of Devas Multimedia, which made it a first case of winding up a company on ground of fraud.A bench of ...

Devas Multimedia first case of winding up on company on grounds of fraud - Vimarsana News

Devas Multimedia first case of winding up on company on grounds of fraud

The Supreme Court on Monday upheld the National Company Law Appellate Tribunal order, passed in September last year, directing for winding up of Devas Multimedia, which made it a first case of winding up a company on ground of fraud.