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Pradip Overseas: Guarantors' plan for Pradip Overseas gets NCLT nod

The ruling is expected to set a precedent for promoters of bankrupt companies who are facing proceedings under the Insolvency and Bankruptcy Code (IBC), being joint personal guarantors or having common assets. The National Company Law Tribunal (NCLT) while approving the repayment plan, also observed that the creditors shall withdraw all the legal proceedings before various fora against the debtor within one month of the fulfilment of repayment obligations.

Lucknow , Uttar-pradesh , India , Chetan , Rajasthan , Bakul , West-bengal , Ahmedabad , Gujarat , Kozhikode , Kerala , Sunil-kumar-agarwal

Indian Union Muslim League moves SC seeking stay of CAA Rules

The application by the political party claimed that the CAA Rules notified creates a “highly truncated and fast-tracked process” for the grant of citizenships to non-Muslim migrants | Latest News India

Tripura , Rangpur , Bangladesh , Afghanistan , Kerala , Konar , Hindustan , North-west-frontier , Pakistan , India , Jairam-ramesh , Pradyot-kishore-deb-barman

Centre avoided stay of CAA five years ago saying rules had not been framed, says IUML plea in SC

Centre avoided stay of CAA five years ago saying rules had not been framed, says IUML plea in SC
thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.

India , Afghanistan , Bangladesh , Pallavi-pratap , Haris-beeran , District-level-committee , Supreme-court , Indian-union-muslim-league , Union-of-india , Citizenship-amendment-rules , District-collectors , Citizenship-rules

Mediation to lower burden for NCLTs & speed up resolutions, say lawyers

Lawyers believe mediation will reduce burden on NCLTs, resolve disputes between operational creditors and defaulting companies faster, especially benefiting manufacturing and real estate sectors. An expert committee recommended voluntary mediation framework under IBC, settling 26,000 applications with Rs 9.33 lakh crore debt before admission at NCLT.

India , Lucknow , Uttar-pradesh , Pallavi-pratap , Nishit-dhruva , Indian-school-of-business , National-company-law-tribunals-nclts , Offering-college , Pratap-co , National-company-law-tribunals , Bankruptcy-board , Bankruptcy-code

Future Group companies moves to Delhi HC against a debt recovery tribunal order, ET Retail

Future Group: These provisions are ultra vires the Act as they operate to obstruct/delay the recovery of loans by banks and other financial institutions and also “confer drastic and extraordinary powers” upon the tribunal to pass interim exparte order without prima facie satisfying that the conditions required for such restraint orders are met, the petition filed through counsel Pallavi Pratap stated.

Delhi , India , Pallavi-pratap , Future-group , Es-bank , Uture-corporate-resources-and-future-brands , Attan-india-finance , Rt , Bl-bank ,

future group: Future Group companies moves to Delhi HC against a debt recovery tribunal order

These provisions are ultra vires the Act as they operate to obstruct/delay the recovery of loans by banks and other financial institutions and also “confer drastic and extraordinary powers” upon the tribunal to pass interim exparte order without prima facie satisfying that the conditions required for such restraint orders are met, the petition filed through counsel Pallavi Pratap stated.

Delhi , India , Justice-satish-chandra-sharma , Pallavi-pratap , Kishore-biyani , Delhi-high-court , Future-group , Chief-justice-satish-chandra-sharma , Rattan-india-finance , Yes-bank , Bankruptcy-act

SC lifts telecast ban on Media One, says national security claims cannot be made out of thin air

Stressing that the independent press is vital for democracy, and criticising the practice of sealed cover, the Supreme Court on Wednesday lifted the telecast ban on Media One, and said that national security claims cannot be made out of thin air and there must be material backing such an inference.

Kerala , India , Pallavi-pratap , Supreme-court-on , Supreme-court , Ministry-of-information , Kerala-high-court , Media-one , Chief-justice , Justice-hima-kohli , Special-leave-petition , Media-one-

SC lifts telecast ban on Media One, says national security claims cannot be made out of thin air

SC lifts telecast ban on Media One, says national security claims cannot be made out of thin air
aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.

New-delhi , Delhi , India , Kerala , Pallavi-pratap , Ministry-of-information , Supreme-court-on , Supreme-court , Kerala-high-court , Media-one , Chief-justice , Justice-hima-kohli