Articles for Section 62

Companies Act | Approval Of Shareholders Mandatory For Listing Shares On Stock Exchange : Supreme Court
6 days, 11 hours ago

Companies Act | Approval Of Shareholders Mandatory For Listing Shares On Stock Exchange : Supreme Court

Live Law  

The Supreme Court recently ruled that, without in-principle approval from the company's shareholders, debt-to-equity converted shares issued in favor of any person cannot be listed on the stock market.In other words, the Court stated that obtaining in-principle approval from the company's shareholders, as required under Section 62 of the Companies Act, 2013, is mandatory before. The Supreme Court recently ruled …

Supreme Court Rare Court Shareholders Companies Company Stock
Haryana Panchayati Raj Act | Majority Not Required While Convening Meeting To Consider No-Confidence Motion: High Court
1 week, 5 days ago

Haryana Panchayati Raj Act | Majority Not Required While Convening Meeting To Consider No-Confidence Motion: High Court

Live Law  

The Punjab & Haryana High Court has made it clear that under the Haryana Panchayati Raj Act at the time of convening of meeting for no-confidence motion, the presence of the majority of the members is not required. Justice Sureshwar Thakur and Justice Sudeepti Sharma said, "There is no statutorily prescribed strength in rule supra, thus appertaining to the specific …

Court No Confidence Motion Haryana Confidence Act Meeting Majority
Supreme Court Criticises OERC For Challenging APTEL's Order, Says Quasi-Judicial Body Can't Be Aggrieved With Appellate Body's Order
1 year, 2 months ago

Supreme Court Criticises OERC For Challenging APTEL's Order, Says Quasi-Judicial Body Can't Be Aggrieved With Appellate Body's Order

Live Law  

The Supreme Court recently criticised the Orissa Electricity Regulatory Commission for challenging the orders of the Appellate Tribunal for Electricity correcting the Commission's own order. There are appeals preferred by the Commission against the orders of the Appellate Tribunal in appeals under Section 111 of the Electricity Act. The appeals before the Tribunal were against the orders fixing tariffs passed …

Supreme Court Appeal Court Electricity Orders Order Tribunal
State Electricity Commissions Have Full Autonomy In Determination & Regulation Of Tariff ; States/UoI Have Only Advisory Role: Supreme Court
2 years ago

State Electricity Commissions Have Full Autonomy In Determination & Regulation Of Tariff ; States/UoI Have Only Advisory Role: Supreme Court

Live Law  

The Supreme Court observed that State Electricity Commissions possess full autonomy in the determination and regulation of tariff.The State and the Central Government only have an advisory role in the regulation of tariff, the bench of CJI DY Chandrachud, Justices AS Bopanna and JB Pardiwala noted.The court also observed that the Electricity Act do not prescribe one dominant method to. …

Supreme Court Determination Court Regulation Electricity States State
Borrower Cannot Claim Extension Of Time Period Under OTS Scheme As A Matter Of Right : Supreme Court
2 years, 1 month ago

Borrower Cannot Claim Extension Of Time Period Under OTS Scheme As A Matter Of Right : Supreme Court

Live Law  

The Supreme Court observed that a borrower cannot claim extension of time period under One Time Settlement Scheme as a matter of right.The bench of Justices MR Shah and Krishna Murari observed said that a High Court cannot invoke writ jurisdiction to extend the time period under the OTS scheme. The bench noticed that in a recent judgment Bijnor Urban …

India Supreme Court Court Bank Payment Right High
Penalty Can't Be Imposed Without Giving The Opportunity Of Hearing To The Taxpayer: Andhra Pradesh High Court
2 years, 6 months ago

Penalty Can't Be Imposed Without Giving The Opportunity Of Hearing To The Taxpayer: Andhra Pradesh High Court

Live Law  

The Andhra Pradesh High Court has ruled that the GST penalty cannot be imposed without giving the taxpayer an opportunity of hearing. The department/respondent issued a letter on Form GSTR-3A under Section 46 of the CGST Act on the ground that the petitioner failed to submit its returns on GSTR-3B for the months of January, 2020 to June, 2020 and, …

Penalty Order Hearing Act Returns Petitioner Cgst
Farmers Move Kerala High Court Seeking To Declare Wild Boar As 'Vermin' Under Wildlife Protection Act
4 years, 1 month ago

Farmers Move Kerala High Court Seeking To Declare Wild Boar As 'Vermin' Under Wildlife Protection Act

Live Law  

A group of farmers, who are continuously affected by the attacks of wild boars on their farm produces, have filed a writ petition in the High Court of Kerala seeking to declare the animal as a "vermin" as per Section 62 of the Wildlife Protection Act, 1972.The petitioners point out that "wild boar" is at present a wild animal included …

Wildlife Kerala Animal Protection Farmers Wildlife Protection Act State
The Industrial Relations Code, 2020: Implications For Workers' Rights
4 years, 1 month ago

The Industrial Relations Code, 2020: Implications For Workers' Rights

Live Law  

The Industrial Relations Code, 2020 that was notified by the central government on 29 September 2020 consolidates the provisions of the three major central laws in the country relating to industrial relations, namely, the Trade Unions Act, 1926; the Industrial Disputes Act 1947 and the Industrial Employment Act 1946. The following example will illustrate the confusion brought about by the …

Trade Industrial Relations Industrial Disputes Disputes Union Industrial Judicial
Conciliation: The Lesser Used ADR
4 years, 3 months ago

Conciliation: The Lesser Used ADR

Live Law  

WHAT IS CONCILIATION Conciliation is one of the Alternative Dispute Redressal procedures/ mechanisms. The Conciliation Settlement Agreement entered into by the parties should satisfy and comply with all of the requirements of Section 73 AC Act. When a matter is settled through conciliation, the settlement agreement is enforceable as if it is a decree of the court having regard to …

India Delhi Court Mediation Civil Procedure Parties Settlement
The Law Of Electronic Evidence,The Error Continues
4 years, 3 months ago

The Law Of Electronic Evidence,The Error Continues

Live Law  

Sir, James Stephen, the propounder of the Indian Evidence Act 1872, has used three words with respect to the law of evidence: - Relevancy Admissibility Appreciation Whereas Relevancy pertains to quality/ character of the facts, Admissibility pertains to how the evidence is to be put forth and Appreciation is application of judicial mind to reaching conclusions. Since, all these sections …

Law Record Supreme Court English Court Secondary Evidence Records
SC Issues Notice In Homebuyers' Appeal Against NCLAT Order Giving Conditional Nod To NBCC Take Over Of Jaypee Infratech Project
4 years, 4 months ago

SC Issues Notice In Homebuyers' Appeal Against NCLAT Order Giving Conditional Nod To NBCC Take Over Of Jaypee Infratech Project

Live Law  

The Supreme Court on Wednesday issued notice in an appeal by 7 homebuyers under Section 62 of the Insolvency & Bankruptcy Code, 2016 against an order of the NCLAT dated April 22, 2020 whereby the tribunal also directed Jaypee Infratech's Interim Resolution Professional Anuj Jain to constitute an interim monitoring committee, comprising representatives of the NBCC and its. The Supreme …

Homebuyers Order Resolution Plan Nclat Code Interim Irp