Section 5(2) of the SARFAESI Act contains a deeming clause that allows the ARC to pursue the Section 7 IBC proceedings, in cases where an Assignment Agreement is duly registered: NCLAT Delhi
In the case of Emta Coal Ltd. v. L&T Finance Ltd. and Anr., the National Company Appellate Tribunal vide Order dated 28.05.2024 held that when debt assignment is registered without raising any objections regarding inadequacy
Strict Scrutiny Standard to be adopted for Deceptively Similar Trademarks in Pharmaceutical Product Sector
The Hon’ble Bombay High Court (“HC”) recently held[i] that a trademark cannot be granted, by holding that structurally & phonetically similar trademark ought not to be registered for a drug of similar aliment, having a
Are Banks Liable To Refund Account Holders For Unauthorised Transactions Made By A Third Party?
A company through its director approached the Hon’ble Bombay High Court (“HC”) challenging the order passed by the Banking Ombudsman, rejecting the complaint preferred by the account holder under the Reserve Bank – Integrated Ombudsman
Our Senior Partner Shiju PV Quoted in Economic Times
Shiju Opines “Despite the error, the customer remains liable for their credit card debt. The debt is based on the transactions and charges made using the credit card, and repayment obligations do not disappear due
Builders Cannot Use The Excuse Of Failure Of Timely Payment By Allottee When There Is A Delay In Construction Work
INTRODUCTION The Hon’ble National Consumer Disputes Redressal Commission (“NCDRC”), New Delhi on 3rd June 2024, in the case of M/s. Puri Construction Pvt. Ltd. v. Gurudarshan Singh and Anr[i], upheld the judgement passed by the
Supreme Court Establishes Seven Key Procedural Sub-Rights for Compulsory Land Acquisition
Abstract: In the recent judgment of Kolkata Municipal Corporation and another v. Bimal Kumar Shah & another, the Supreme Court laid down and elaborated upon mandatory procedural safeguards and sub-rights, in tune with Article 300A of the Constitution, that must be
- Arbitration and Conciliation
- Banking and Finance
- Bankruptcy Code – Public Announcements
- Civil
- Commercial litigation
- Commercial/Corporate
- Competition act
- Criminal
- Cyber Law
- Debt Recovery
- Environment
- Family Law
- Food
- IL News
- Infrastructure
- Insolvency & Bankruptcy
- Insurance
- Intellectual Property Rights
- International
- Labour
- Law
- Medico-Legal
- Negotiable Instrument
- NRI Laws
- Policy
- Power
- Real Estate
- Tax
