Tag: NI Act

Jitender Singh Sodhi and Anr. vs. Deputy Commissioner of Income Tax and Anr

Saturday June 1, 2024. BY Malavika Sachin and Anushka Bolusani | Insolvency & Bankruptcy

INTRODUCTION The Punjab & Haryana High Court Single Bench presided by Hon’ble Justice Mahabir Singh Sindhu, vide Judgment dated 13.05.2024 in Jitender Singh Sodhi and Anr. vs. Deputy Commissioner of Income Tax and Anr. held

Section 148 NI Act-Deposit of Minimum 20% Amount Is Not An Absolute Rule; Can Be Relaxed If Exceptional Case Is Made Out: Supreme Court

Monday October 2, 2023. BY Samuel Abraham, Akshata Parkar and Abdullah Qureshi | Criminal

INTRODUCTION The Division Bench of the Hon’ble Supreme Court Comprising of Justice Abhay S. Oka and Justice Pankaj Mithal in the matter of Jamboo Bhandari v. M.P State industrial Development Corporation Ltd, has held that