Operational Creditors must be paid equivalent amount as per Section 53 of the IBC in case of liquidation of Corporate Debtor: SC
The Court said that Vistra ITCL (India) Ltd. would be treated as a secured creditor in terms of Section 52 and 53 of the IBC, and would be entitled to retain the security interest in the pledged shares.
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SC rejects Centre’s plea challenging maintainability of Meghalaya’s suit to declare provisions of Lotteries Regulation Act as ultra vires
The Court said that the grievances raised by the State of Meghalaya in the context of its right to do business in lotteries under Article 298(b), would constitute disputes, which fall squarely within the four corners of Article 131 of the Constitution.
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NGT forms Joint Committee to probe allegations of environmental norms violations in constructions at CM Kejriwal’s residence
It was alleged that during the construction activities at 6 Flag Staff Road, Delhi, 20 trees were cut illegally as permissions for tree cutting were sought manipulatively.
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Orissa HC upholds Odisha Administrative Tribunal’s order to regularise services of Junior clerks; directs State to implement order within 6 weeks
The Court said that there was scope for promotion to the post of Junior Clerk by virtue of the Odisha Ministerial Service (Method of Recruitment to the Posts of Junior Clerks in the District Offices) Amendment Rules, 2001.
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Maharashtra Political Crisis: SC Constitution Bench holds Governor justified in inviting Eknath Shinde to form Government; 7-judges bench to reconsider Nabam Rebia judgment
The Supreme Court refused to quash Udhav Thackeray's resignation as it was submitted voluntarily before the floor test.
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Manipur Violence: SC directs State to ensure medical care, basic amenities, rehabilitation measures and protect places of worship
The Court expressed its concerns over the loss of human life and destruction of the homesteads and places of worship.
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Donald Trump guilty of sexually abusing and defaming American Journalist E. Jean Carroll; US Jury directs him to pay $5 million damage
The verdict form of the US Jury mentioned that Trump's conduct was willfully reckless, and the statements made against Carroll were in malice and ill will.
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Meghalaya HC reprimands State for ‘nurturing’ illegal coal mining; directs State to expose the kingpin behind illegal coke plants
The Court said that despite repeated orders of the NGT and Supreme Court, rather than prohibiting the illegal coal mining, the State may have provided tacit support to such operations.
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Honour Killing | Supreme Court commutes death sentence of man who killed newly married sister and her paramour
“It is well-settled law that awarding of life sentence is a rule and death is an exception. The application of the rarest of rare case principle is dependent upon and differs from case to case.”
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Gujarat HC suspends life sentence of 3 IAF Officers in 28 years old murder case; sets aside CBI Court order
The Court found that the conviction and life sentencing order suffered from patent infirmities and was based on presumptions.
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NGT imposes 50 crores costs on Uttar Pradesh Aawas and Vikas Parishad and 3 other Housing Realtors for environment degradation
The Tribunal noted that while developing housing projects in Ghaziabad, the Project Proponents violated environmental norms for plantations and sewage treatment plan.
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CAT, Ahmedabad has no jurisdiction to dismiss show cause notice in fake encounter case; Gujarat HC rejects former IPS officer Rajnish Rai’s plea
The Court also said that the CAT, Ahmedabad, did not have jurisdiction under rule 6(1) of Central Administrative Tribunal (Procedure) Rules, 1987, as the show cause notice was issued from New Delhi.
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Last seen evidence does not lead to irrevocable conclusion without complete chain of evidence establishing guilt; SC acquits convict in a 23-year-old murder case
The Court said that the prosecution failed to prove the case beyond reasonable doubt and the case did not pass the standard required in a case of circumstantial evidence.
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Absence of specific guidelines in ‘land grabbing cases’ may bestow police officers with unguided powers; Supreme Court suggests TN to enact legislation
The Supreme Court observed that if the State Government is so conscious or interested in taking action against land grabbers, it is the discretion of the State Government to bring or better the appropriate legislation with the definition of ‘land grabber’, ‘land grabbing’ and ‘land grabbing cases’.
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Supreme Court | ‘Pre-import condition’ in Foreign Trade Policy not arbitrary; must be fulfilled to avail tax exemption benefits
The Court said that to avail exemption benefits, two conditions were to be fulfilled, one, – that the exports made under the Advance Authorizations, were physical exports in nature, and the other, that there must be fulfillment of ‘pre-import condition’.
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