The National Company Law Appellate Tribunal, Principal Bench comprising of Justice Ashok Bhushan and Shri Barun Mitra, while adjudicating an appeal filed in Shri Guru Containers v Jitendra Palande, has held that creditors must not shift the entire blame on the IRP on grounds of non-performance of duty and make him the scapegoat. Background Facts Shri Guru Containers filed an …
Sikhs celebrate Bandi Chhor Diwas, which falls on the day of Diwali, the Hindu festival which commemorates return of Bhagwan Ram from Lanka along with Maa Sita and his brother Lakshman after slaying Lankan demon king Ravan. The history of Bandi Chhor Diwas Bandi Chhor Diwas is linked to Shri Guru Hargobind Singh Ji, who was the sixth Sikh Guru. …