Baramulla District Commission Holds Religare Broking Ltd. Liable For Non-Closure Of Inactive Demat Account

12 hours, 28 minutes ago

Jammu & Kashmir And Ladakh High Court Annual Digest: Part II Citation [ 175 - 356]

Live Law

Judgments/Orders: Employer Not Obligated To 'Launch Manhunt Across Globe For Absconding Employees': J&K High Court Upholds Dismissal Of CRPF Constable Case Title: MOHAMMAD SHAHBAZ MIR VS UNION OF INDIA. S.143A NI Act | Application Of Mind, Consideration Of Certain Factors By Magistrate Essential To Decide Quantum Of Interim Compensation: J&K High Court Case Title: MUJEEB UL ASHRAF DAR Vs MUSHTAQ …

India High Court Writ Jurisdiction Family Courts Court Citation Criminal Procedure

1 day, 1 hour ago

No Employee Should Be Retired With Pending Disciplinary Proceedings Unless Compelling Circumstances/Very Serious Charges: Allahabad High Court

Live Law

While granting interest on delayed payment of post-retiral dues to a Nagar Palika employee, the Allahabad High Court observed that unless there are compelling reasons or serious charges, an employee should not be retired with disciplinary proceedings pending against him. 10,000 on the Executive Officer, Nagar Palika Parishad, Seohara, Bijnor for delaying the payment of retiral dues of the employee …

Retirement Disciplinary Proceedings Court Disciplinary Payment High Proceedings

1 day, 1 hour ago

Rajasthan HC Directs Tax Commissioner To Recall 'Contemptuous Order' Denying Benefit Of Entertainment Tax Scheme To Cinema Theatre

Live Law

The court said, " However, a bare perusal of the order impugned dated 08.09.2016 makes it clear that the Deputy Commissioner, in total contravention to the finding as recorded by the Court in judgment dated 04.04.2014, again held that the petitioner would not be entitled to the benefit of the amended scheme and therefore, affirmed the order dated 05.04.1995. After …

Judgment Court Contempt Order High Deputy Scheme

1 day, 17 hours ago

Jammu & Kashmir High Court Initiates Contempt Proceedings Against Law Firm Shardul Amarchand Mangaldas For Misquoting Judgment

Live Law

Taking suo motu cognizance of misquotations of its 2010 judgment, the Jammu and Kashmir and Ladakh High Court has initiated contempt proceedings against the prominent law firm Shardul Amarchand Mangaldas. Noting misquotations made by the law firm in a legal notice concerning a hydroelectric project, Sawalkote Hydroelectric Power Project Justice Rahul Bharti ordered, “.this Court suo-moto takes cognizance of the …

Law Legal Judgment Court Kashmir New Delhi Notice

2 days, 17 hours ago

Supreme Court Slams Maharashtra Officials For Non-Payment Of Land Acquisition Compensation, Directs Recovery Of Cost From Guilty Officers

Live Law

The Supreme Court today slammed Maharashtra authorities over non-payment of timely compensation to persons whose lands were compulsory acquired by the state way back in 2005. A bench of Justices Surya Kant and N Kotiswar Singh was dealing with the petitioner's plea against a High Court order, whereby the Zilla Parishad was directed to pay compensation to respondent-claimants against compulsory …

Compensation Court Bombay High Court Land Order State High

3 days, 14 hours ago

Allahabad High Court Quarterly Digest : October To December 2024

Live Law

ORDERS/JUDGMENTS OF THE QUARTER Civil Judge Has No Jurisdiction To Entertain Suit Filed U/S 92 CPC Or Under Section 2 Of Religious Endowment Act, 1863: Allahabad High Court Case Title: Jyantri Prasad And 9 Others v. Shri Ram Janki Lakshman Ji Virajman Mandir,Pratapgarh Thru. Observing that the student had not played fraud on the College, the bench of Justice Manoj …

India Justice Disciplinary Proceedings High Court Family Courts Court Family Court

Haryana RERA Orders Agrante Developers To Refund Amount Paid By Homebuyer

Live Law

Haryana Real Estate Regulatory Authority bench, comprising Arun Kumar, has directed Agrante Developers to refund Rs.9.47 Lakhs with interest to homebuyer who purchased a flat in their Beethoven's 8 Project. On April 24, 2015, the builder issued an allotment letter in favor of the homebuyer under a subvention scheme requiring him to pay 10% upfront while the remaining amount was …

Builder Possession Refund Authority Homebuyer Haryana Rera Tchfl

4 days, 23 hours ago

Baramulla District Commission Holds Supplier Liable For Supplying Substandard Materials

Live Law

The Baramulla District Consumer Disputes Redressal Commission bench of Peerzada Qousar Hussian and Ms Nyla Yaseen holds supplier liable for deficiency in service for supplying materials that were not of acceptable quality. Observation of the District Commission: The Commission observed the documents and noted that the supplier was bound to supply the materials with the specifications, quality and standard as …

Commission Complainant Material Supplier

6 days ago

NCDRC Holds Experion Developers Liable For Deficiency In Service

Live Law

The National Consumer Disputes Redressal Commission, presided by Justice Sudip Ahluwalia held Experion Developers liable for deficiency in service and stated that forfeiture of more than 10% of the basic sale price by the developer is unreasonable. Brief Facts of the Case The complainants booked a 3BHK flat with Experion Developers/developer in Gurgaon after being influenced by Contentions of the …

Experion Developers Developers Liable

6 days, 15 hours ago

MahaREAT Imposes Penalty Of Rs. 5 Lakhs On Spenta Builders For Violating Airport Authority Of India Height Restrictions

Live Law

Maharashtra Real Estate Appellate Tribunal comprising Justice Shriram R. Jagtap and Shrikant M. Deshpande imposed a penalty of Rs. The homebuyer contended that the builder violated many provisions of the RERA, 2016 by providing different possession dates to homebuyers and delivering possession of the flat to some homebuyers before obtaining the occupancy certificate. Therefore, the homebuyer filed a complaint before …

Penalty Tribunal Rera Builder Authority Homebuyer Height Restrictions

1 week ago

Delhi High Court Half Yearly Digest: July To December 2024 [Citations 734 - 1394]

Live Law

The Delhi High Court Bench of Mr. Justice Jasmeet Singh held that the role of the court under section 9 of the Arbitration Act is to preserve the subject matter of the Arbitration till the arbitral tribunal decides the claims on merits. The Delhi High Court Bench of Justice Sanjeev Narula held that the issue of limitation, raised as a …

India Justice Delhi High Court Writ Petition Court Indian

1 week, 2 days ago

Unjustified Deductions: Delhi State Commission Holds Canara Bank And Bajaj Insurance Liable For Deficiency In Service

Live Law

The Delhi State Commission, presided by Justice Sangita Dhingra Sehgal and Ms. Pinki held Canara Bank and Bajaj Allianz Life Insurance liable for deficiency in service for unjustifiably deducting balance amount from the complainant's account. Brief Facts of the Case The complainant alleged that the Canara Bank, acting as a corporate agent for the Bajaj Allianz Life Insurance, pressured her …

Delhi Bank State Commission Complainant Insurer Canara Bank

1 week, 2 days ago

Consumer Cases Weekly Round Up:[ 23rd December – 29th December 2024]

Live Law

National Consumer Disputes Redressal Commission NCDRC Holds Bajaj Insurance Liable For Deficiency In Service Over Wrongful Repudiation Of Insurance Claim Case Title: Vasantiben Vs. Bajaj Allianz Life Insurance Company Ltd Case Number: R.P. Delhi State Commission Holds National Insurance Company Liable For Rejecting Claim Due To Bariatric Surgery Case Title: National Insurance Co. Ltd. Shanta Devi & Ors Case No: …

Insurance Consumer Delhi Title Disputes State Sbi

1 week, 2 days ago

Real Estate Weekly Round Up: [23rd December – 28th December 2024]

Live Law

Karnataka Real Estate Regulatory Authority Karnataka RERA Dismisses Real Estate Agent's Complaint Against Godrej Properties, Citing Vindictive Motive Case – Vivek Arjuna Versus Godrej Properties Citation – Complaint No: 00058 /2024 Karnataka Real Estate Regulatory Authority bench comprising of Rakesh Singh, Neelmani N Raju and GR Reddy dismissed the complaint filed by a real estate agent seeking the revocation of …

Regulatory State Estate Real Complaint Deficiency Member

1 week, 2 days ago

Bombay High Court Weekly Round-Up: December 23 - December 29, 2024

Live Law

Citations: 2024 LiveLaw 650 to 2024 LiveLaw 654 Nominal Index: Zahid Khamisa vs. State of Maharashtra & Anr, 2024 LiveLaw 650 Imperial Consultants and Securities vs. Deputy CIT, 2024 LiveLaw 651 Shri Saibaba Sansthan Trust vs. Union of India, 2024 LiveLaw 652 Nav Chetna Charitable Trust vs, CIT, 2024 LiveLaw 653 Chandrabhan Atulkar v. MOIL Ltd., 2024 LiveLaw 654 Judgments/Final …

Trust Justice Court Bombay High Court Assessment 2024 High

1 week, 2 days ago

Tax Weekly Round-Up [23rd December - 29th December 2024]

Live Law

HIGH COURTS Bombay HC ITO Acted On Complete Change Of Opinion On Same Material With Intent To Review Assessment Order Passed By Him: Bombay HC Quashes Reopening Case Title: Imperial Consultants and Securities vs. Deputy CIT Case no. Amendment In Finance Act Can't Retrospectively Affect Vested Right Of Taxpayer To Adjudicate Settlement Application U/S 245: Calcutta HC Case Title: Pradeep …

Justice Tax Court Customs Assessment Income Tax Act Income

1 week, 3 days ago

Jammu & Kashmir And Ladakh High Court Weekly Round-Up: December 22 - December 29, 2024

Live Law

Nominal Index: National Insurance Company Vs Lateef Ahmad Kohli & Ors 2024 LiveLaw 347 JAMKASH VEHICLEADS KASHMIR PVT LIMITED & ANR Vs. M/S WUERTH INDIA PVT. LTD. & ANR 2024 LiveLaw 348 Rakesh Kumar Mahajan Vs Sidharth Wazir and others 2024 LiveLaw 349 Aaqib Rashid Sofi Vs Chairman, Jammu and Kashmir Grameen Bank and others 2024 LiveLaw 350 Imran Rashid …

Court Kashmir Title 2024 High Ladakh Jammu

1 week, 3 days ago

Key investors question PIL that led to HC stay on Religare AGM

Live Mint

Mumbai: Several large investors of Religare Enterprises Ltd have criticized the public interest litigation filed by an investor that led the Madhya Pradesh High Court to indefinitely stay the company's upcoming annual general meeting. Two leading proxy advisory firms have asked investors to vote against a fresh term for Saluja, arguing, among other things, that the takeover battle could distract …

India Shareholders Order Takeover Investors Open Pil

1 week, 4 days ago

Baramulla Consumer District Commission Holds Insurance Company Liable For Non-Settlement Of Genuine Claim Amounts

Live Law

The Baramulla District Consumer Disputes Redressal Commission has held Reliance General Insurance company liable for repudiating the genuine insurance claim of the complainant in an unreasonable manner. Brief background: The complainant purchased a vehicle truck TATA Signa from Fear Deal TATA motors in Srinagar and got it insured with Reliance General Insurance company for an amount of Rs. The Insurance …

Company Complainant Claim Holds Insurance

1 week, 4 days ago

Consumer Cases Annual Digest 2024 [Part -I]

Live Law

Supreme Court Medical Negligence | Supreme Court Awards Rs 10 Lakh Compensation To Patient Who Developed Hoarseness In Voice After Trainee Gave Anaesthesia Case Title: J. DOUGLAS LUIZ THROUGH LEGAL REPRESENTATIVES VERSUS MANIPAL HOSPITAL | CIVIL APPEAL NO.1700 OF 2024 Citation: 2024 LiveLaw 134 The Supreme Court recently awarded Rs. National Consumer Disputes Redressal Commission Rejection Of A Surveyor's Report …

India Insurance Consumer Medical Negligence Bihar Cases West Bengal

1 week, 5 days ago

Appellate Court Must Refund Court Fees If Matter Is Remanded Back To Original Court: Allahabad High Court

Live Law

Discussing Section 13 of the Court Fees Act, the Allahabad High Court has held that once an appeal is remanded back to the original Court for any reason, the Appellate Court ought to grant a certificate of authorization to the appellant to receive back the full court fees paid along with the memorandum of appeal. Justice Kshitij Shailendra held “Section …

Appeal High Certificate Paid Collector Appellant Appellate

1 week, 5 days ago

Appellate Court Must Refund Court Fees If Matter Is Remanded Back To Original Court: Allahabad High Court

Live Law

Discussing Section 13 of the Court Fees Act, the Allahabad High Court has held that once an appeal is remanded back to the original Court for any reason, the Appellate Court ought to grant a certificate of authorization to the appellant to receive back the full court fees paid along with the memorandum of appeal. Justice Kshitij Shailendra held “Section …

Appeal Court Fees High Certificate Paid Collector

1 week, 5 days ago

Application For Revocation Of Cancellation Of GST Registration Rejected Just Because Taxpayer Did Not Respond To SCN: Delhi HC Revives Application

Live Law

The Delhi High Court held that the application for revocation of cancellation of GST registration could not have been dismissed, when apart from using the phrase “any supporting documents” and “others”, no further reason was assigned as to why the said application was dismissed. While rendering the order of appellate authority as unsustainable, the Division Bench of Justice Yashwant Varma …

Registration Application Bench Gst Authority Gst Registration Appellate

1 week, 6 days ago

Setback for Burmans as court stays Religare’s AGM, RBI’s approval for open offer

Live Mint

The Madhya Pradesh High Court has stayed Religare Enterprises Ltd's annual general meeting that was scheduled for 31 December as well as the approval granted by the Reserve Bank of India to the Burman family to make an open offer to acquire an additional 26% stake in REL. Mishra’s plea stated that the shareholding of 73,263 persons who hold up …

Saluja Burman Religare Open Offer Family Rel

1 week, 6 days ago

No Claim Survives When Unit Holder Is Handed Over Possession And Conveyance Deed Has Been Executed: NCLAT

Live Law

The NCLAT New Delhi bench of Mr. Justice Ashok Bhushan, Mr. Barun Mitra and Mr. Arun Baroka has held that when a unit holder is handed over possession and a Conveyance Deed has also been executed, no claim survives of such unit holders. The Respondents – Financial Creditors in a class being allottee of a Project namely 'Spaze Arrow' located …

Financial Projects Project Filed Arrow Cirp Financial Creditors

2 weeks ago

Karnataka High Court Annual Digest 2024 [Part I]

Live Law

Citation No: 2024 LiveLaw 1 to Citation No: 2024 LiveLaw 260 Judgments/Orders Karnataka High Court Quashes Rape Charge On False Promise To Marry But Orders Accused To Maintain Child Born From 'Consensual' Relationship Case Title: Raghvendraraddi Shivaraddi Naduvinamani AND State of Karnataka Case No: Criminal Petition No 100721 of 2023. A division bench of Chief Justice Prasanna B Varale and …

India Society Bengaluru Karnataka Justice High Court Writ Petition

2 weeks ago

Real Estate Weekly Round Up:[16 th December – 22 nd December 2024]

Live Law

Haryana Real Estate Regulatory Authority Delay Of More Than 2.7 Years In Completing Construction Of Project, Haryana RERA Orders Raheja Developers To Refund Rs. 27.98 Lakhs To Homebuyer Case – Arun Shrivastava Versus M/S Raheja Developers Limited Citation – Complaint no 4974 of 2023 Haryana Real Estate Regulatory Authority bench, comprising Ashok Sangwan, has directed M/S Raheja Developers Limited to …

Regulatory Commission Real Complaint Rera Possession Refund

2 weeks, 1 day ago

Jammu & Kashmir And Ladakh High Court Annual Digest [Part I]

Live Law

Judgments/Orders: Labour Commissioner Competent To Review Ex-Parte Awards Passed Under Workmen's Compensation Act: J&K High Court Case Title: Sahil Gupta Vs UT of J&K Citation: 2024 LiveLaw 1 The Jammu and Kashmir and Ladakh High Court held that a Labour Commissioner is competent to review his ex-parte orders, while hearing an application to set aside such ex-parte award. Clarifying the …

Disciplinary Proceedings High Court Public Order Constitution Court Legal Proceedings Public Interest

2 weeks, 1 day ago

Complaints Of Banking Frauds Not Maintainable Before Consumer Forum: Delhi District Commission

Live Law

The Delhi district commission has held that cyber frauds such as unlawful bank debit transactions are not within the purview of consumer forums. It was argued that such an act of unlawful debit from the bank account required detailed investigation by the police and thus consumer forums cannot decide complaints of such nature. Observations: The bench relied upon the judgment …

Delhi Fraud Consumer Forum Bank Complainant Complaint Detailed Investigation

2 weeks, 2 days ago

HC reprieve for brother of former CMD of Parekh Aluminex in ₹2,762 cr loan case

Hindustan Times

MUMBAI: The Bombay high court recently halted enforcement of the guarantee given by Deepen Parekh, brother of late Amitabh Parekh, the then chairman and managing director of Parekh Aluminex Ltd, purportedly for recovery of outstanding loans of ₹2,762 crore from the company, which once claimed to be the largest manufacturer of aluminium foil containers, aluminium rolls and aluminium lids, in …

Banks Guarantee Parekh Aluminex Deepen Parekh

2 weeks, 2 days ago

CONSUMER CASES WEEKLY ROUND UP: DECEMBER 16 – DECEMBER 22

Live Law

National Consumer Disputes Redressal Commission Insured Cannot Assume Obligation On Part Of Bank To Renew Policy: NCDRC Case Title: State Bank of India Vs. R. Vishwanatha Pai Case Number: R.P. Haryana Consumer Disputes Redressal Commission Haryana State Commission Holds Ansal Properties Liable For Delay In Possession, Orders Refund And Compensation Case title: Mrs. Neeru Bala Mahendru vs Ansal Properties & …

Delhi Title Consumer Disputes Judicial State Held Commission

2 weeks, 2 days ago

Award Passed By Ineligible Arbitrator Can Be Set Aside U/S 34 Of Arbitration Act: Jammu And Kashmir HC

Live Law

The Jammu & Kashmir and Ladakh High Court bench of Justice Sanjay Dhar has held that award passed by an ineligible arbitrator is liable to be set aside under section 34 of the Arbitration Act. Observations: The court after referring to section 34 of the Arbitration Act observed that “an application for setting aside of award passed by an Arbitral …

Arbitration Court Company Agreement Respondent Set Srinagar

2 weeks, 3 days ago

Once CoC Approves Resolution Plan Then No Claim Is To Be Entertained: NCLAT

Live Law

The NCLAT New Delhi bench of Justice Rakesh Kumar Jain, Mr. Barun Mitra and Mr. Indevar Pandey have reiterated that once the Committee of Creditor has approved the resolution plan, then no claim is to be entertained. Counsel for the Respondent stated that IBC is a time-bound process and drew attention to the case of M/s RPS Infrastructure Ltd. vs. …

Claims Resolution Plan Tribunal Claim Irp Sra Appellant

2 weeks, 3 days ago

Jharkhand HC Reduces Interest Rate, Compensation By MACT To Family Of Deceased 50-Year-Old, Cites Excessive Award Under Conventional Head

Live Law

The Jharkhand High Court has slashed the interest rate on compensation awarded to the family of a 50-year-old barber who was struck by a mini-bus, ruling that the 12% annual interest granted by the Motor Accident Claims Tribunal, Dumka, was excessive. Justice Subhash Chand, presiding over the case, reduced the interest rate to 7.5%, stating, “The impugned Award passed by …

Insurance Compensation Court Interest Company Tribunal High

2 weeks, 5 days ago

'Judicial Time & Resources Abused': Punjab & Haryana HC Imposes Rs.5 Lakh Cost On Litigant For Supressing Facts, Filing Repeated Pleas

Live Law

The Punjab & Haryana High Court imposed a cost of Rs.5 lakh on litigant who repeatedly abused the process of court by filing successive pleas and suppressed “crucial fact.” The plea was filed challenging the resumption order of a land which was allotted to the petitioner subject to certain conditions. A bench of Justice Arun Palli and Justice Vikram Aggarwal …

Court Haryana Building Order Conditions Site Authority

2 weeks, 5 days ago

Uttarakhand State Commission Holds National Insurance Liable For Deficiency In Service Over Denial Of Legitimate Claim Amount

Live Law

The Uttarakhand State Commission, presided by Mr. M.K. Singh held National Insurance liable for deficiency in service and upheld the District Commission's order. Consequently, the insurer appealed before the State Commission of Uttarakhand. Contentions of the Insurer The insurer argued that the complainant breached policy terms and did not intimate the theft promptly. However, the complainant contended that the insurer …

Commission Complainant Insurer National Insurance

2 weeks, 6 days ago

Full Refund Of Court Fee On Mediation Settlement Not Possible Unlike Lok Adalat Without State Law : Supreme Court

Live Law

The Supreme Court on December 19 held that a dispute amicably settled by mediation under Section 89 of the Code of Civil Procedure should not be confused with the settlement of a dispute through Lok Adalat in terms of the repayment of Court fees where the latter provides 100% refund in the administration of justice. It held: "The inescapable conclusion …

Dispute Court Mediation Settlement Fees State Lok

2 weeks, 6 days ago

Maharashtra RERA Directs Godrej Skyline Developers To Refund Full Booking Amount Paid By Homebuyer With Interest

Live Law

Maharashtra Real Estate Regulatory Authority bench comprising of Ravindra Deshpande directed Godrej Skyline Developers Pvt Ltd to fully refund the booking amount paid by the homebuyer with interest. The bench observed that the allotment letter contained coercive terms and that the booking amount did not fall under the definition of earnest money as per the application form. Feeling aggrieved by …

Form Builder Booking Refund Authority Homebuyer Earnest Money

2 weeks, 6 days ago

There Cannot Be 'Disconnect' Between Reasons For Initiating Reassessment U/S 147 Of IT Act & Grounds On Which Final Order Is Passed: Delhi HC

Live Law

The Delhi High Court has held that only 'original reasons' which formed the basis for initiating reassessment proceedings under Section 147 of the Income Tax Act can be taken into consideration by the Assessing Officer, for coming to the conclusion that income had escaped assessment. A division bench of Justice Yashwant Varma Hon'ble Mr. Justice Dharmesh Sharma observed that there …

Reassessment Assessment Income Department Reasons Petitioner Reassessment Proceedings

2 weeks, 6 days ago

CONSUMER CASES WEEKLY ROUND UP: DECEMBER 9 – DECEMBER 15

Live Law

National Consumer Disputes Redressal Commission Purchases For Earning Livelihood Qualify As Commercial Purposes If Operated Solely By Others: NCDRC Case Title: M/S. Telangana Consumer Disputes Redressal Commission Telangana State Commission Validates Builder's Claim of Outstanding Payments Case Title: M/s Narne Estates Pvt., Ltd. Adbul Rahim Case Number: F.A. Telangana State Commission Holds LIC Liable For Deficiency In Service Over Wrongful …

Insurance Consumer Delhi Title Disputes State Sri

3 weeks, 2 days ago

Delhi District Commission Holds Coaching Centre Liable For Retaining Advance Fee And Not Refunding Fee for Unutilized Services

Live Law

The Delhi district commission has held Extra Marks company liable for retaining the advance fee of entire course and not refunding the same for unutilised portion of services. The bench presided by President Inder Jeet Singh and Member Rashmi Bansal condemned the practice of coaching institutes collecting lump sum fees for services which are yet to be rendered by them. …

Company Complainant Fee Refund Delhi District Commission

3 weeks, 3 days ago

TRSC, HMDA directed to refund, compensate petitioner after refusing to return deposit amount

New Indian Express

HYDERABAD: The District Consumer Disputes Redressal Commission-II, Hyderabad has directed the Telangana Rajiv Swagruha Corporation Limited and Hyderabad Metropolitan Development Authority to jointly pay Rs 1 lakh refund and Rs 10,000 compensation to the complainant for not returning ‘open parking’ amount deposited by her after issuing cancellation of allotment of flat. The complainant, Ch Girija, a resident of Vanasthalipuram, paid …

Lakh Paid Hmda Rs 1 Lakh

3 weeks, 3 days ago

Unregistered Agreement To Sell Confers Legal Right Upon Beneficiary To Seek Execution Of Subsequent Sale Instrument From Transferor: J&K HC

Live Law

The Jammu and Kashmir and Ladakh High Court has held that an unregistered Agreement to Sell confers a legal right upon the beneficiary to seek the execution of a subsequent sale instrument from the transferor. Citing Section 49 of the Registration Act Justice Sanjay Dhar explained that an unregistered agreement to sell immovable property is admissible as evidence which allows …

Legal Court Specific Performance Sale Registration Right Appellants

3 weeks, 4 days ago

ED hands over BPSL’s assets worth Rs 4k crore to JSW

New Indian Express

NEW DELHI: The Directorate of Enforcement handed over Bhushan Power and Steel Ltd assets worth Rs 4,025 crore to JSW, which successfully bid for BPSL under the insolvency resolution process. The enforcement directorate had attached the properties of Bhushan Power and Steel Ltd after it found the company and its promoters diverted bank funds to private investments in the form …

Jsw Ed Properties Bpsl

3 weeks, 4 days ago

ED restitutes assets worth ₹4,025 crore in Bhushan Power and Steel case to JSW

The Hindu

The Enforcement Directorate has restituted assets worth ₹4,025 crore to JSW, a Successful Resolution Applicant in the matter of the erstwhile Bhushan Power and Steel Limited under the Corporate Insolvency Resolution Process of the Insolvency and Bankruptcy Code. The assets were provisionally attached by the ED under Section 5 of Prevention of Money Laundering Act as the erstwhile promoters of …

Properties Assets Crore Banks Ibc Jsw Cirp

Assessee Can Confine Settlement Under Direct Tax Vivad Se Vishwas Act To Disputes Which Were Subject Matter Of Its Appeal: Delhi HC

Live Law

The Delhi High Court has held that under the Direct Tax Vivad Se Vishwas Act, 2020, an Assessee is entitled to confine the settlement of disputes which were subject matter of its appeal, and exclude the disputes which were subject matter of the Revenue's appeal for the same assessment year. It thus allowed a real estate company's plea against the …

Appeal Tax Income Tax Settlement Disputes Act Matter

3 weeks, 6 days ago

Telangana State Commission Holds SBI Liable For Deficiency In Service For Collecting Excess Amount From Customer Without Proper Justification

Live Law

The Telangana State Commission, presided by Smt. V. V. Seshubabu held State Bank of India liable for deficiency in service for collecting unaccounted funds from the customer without proper justification. The complainant filed a complaint before the District Commission and alleged the bank collected Rs. Aggrieved by the District Commission's order, the bank filed an appeal before the State Commission …

Bank State Commission Complainant Emi Sbi

3 weeks, 6 days ago

Andhra Pradesh HC Seeks Stand Of State Bar Body, BCI In Plea Against "Exorbitant Fee" Of ₹500 For Verifying Certificate Of Practice

Live Law

The Andhra Pradesh High Court on Tuesday sought the stand of the Bar Council of India as well as State Bar Council in Kurnool Bar Association's plea challenging the state bar body's circular mandating payment of an "exorbitant fee of Rs 500" for verification/renewal of Certificate of Practice. The petitioner bar association has contended that following the corresponding notice issued …

India Bar Council Verification Advocates State Practice Certificate

4 weeks ago

Haryana RERA Directs Ansal Builders To Refund Booking Amount Paid By Complainant For Purchasing Shop

Live Law

Haryana Real Estate Regulatory Authority bench comprising Ashok Sangwan has directed M/s Ansal Housing and Constructions Limited to refund the booking amount of 7 lakhs paid by the complainant for purchasing the shop. The complainant approached the authority after the builder retained the booking amount following the complainant's withdrawal from the project in 2022 due to delays in receiving possession …

Complainant Mou Shop Builder Possession Booking Refund

Baramulla District Commission Holds Religare Broking Ltd. Liable For Non-Closure Of Inactive Demat Account

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