The Delhi High Court Bench comprising of Justice Purushaindra Kumar Kaurav, while adjudicating a petition filed in Vineet Saraf v Rural Electrification Corporation Ltd., has declined to quash a Demand Notice sent to a personal guarantor under Rule 7 of the Insolvency and Bankruptcy Rules, 2019. The respondent in turn would be denied the opportunity to present their case before …
In a huge relief to Hindi film actor Kangana Ranaut, the Bombay High Court on Friday quashed the notice and order issued by the Brihanmumbai Municipal Corporation to demolish her bungalow.The High Court came to the conclusion that the order was "actuated by legal malice". In a huge relief to Hindi film actor Kangana Ranaut, the Bombay High Court on …
The Bombay High Court while rejecting a writ petition filed by a private company against declaration of loan account as Non-Performing Asset over a 100 crore loan taken from two subsidiaries of IL&FS observed that this was not a case of an innocent individual investor and the petitioner's conduct is contrary to ordinary commercial prudence. IFIN informed the petitioner on …
![[Breaking] Bombay High Court Quashes BMC's Demolition Order Against Kangana Ranaut's Building As 'Actuated By Malice'](https://www.livelaw.in/h-upload/2020/09/22/381833-kangana-ranaut.jpg)
![Bombay High Court Rejects Pvt Company's Plea Challenging Declaration Of Account As NPA By IL&FS Subsidiaries [Read Judgment]](https://www.livelaw.in/h-upload/2019/04/29/360392-bombay-hc.jpg)