A recent Supreme Court judgment has called into question the tactics used by the Competition Commission of India and AGI Greenpac in a high-profile HNGIL insolvency case, alleging that extreme and unlikely examples were used to create an artificial conflict between the Insolvency and Bankruptcy Code and the Competition Act timelines. The case, involving Hindustan National Glass and Industries Ltd. …
The National Consumer Disputes Redressal Commission bench presided by Dr. Inder Jit Singh has underscored the importance of procedural timeline given under the Consumer Protection Act for filing of written statement. Brief background: Authorised representatives of builders Lucina Land Development ltd. and Diana infrastructure ltd. failed to file their written reply to a complaint within the 45 days timeline as …
