IDBI Bank Ltd. has moved the National Company Law Tribunal against Reliance Naval and Engineering Ltd. seeking debt resolution under the Insolvency and Bankruptcy Code. Reliance Naval owes Rs 5,349.17 crore to a clutch of lenders as on March 2018 of which the dues to IDBI Bank alone is about [...]
The Supreme Court on Friday questioned the proposal made by UIDAI (Unique identification authority of India), which handles over 1223,827,192 Aadhar cards, to hire a social media agency to monitor various social media platforms. Dealing with the PIL filed by Trinamool Congress MLA Mohua Moitra, a bench of Chief Justice [...]
The government has unveiled a landmark policy allowing commercial use of drones. In the initial phase, however, the operation will only be allowed along the visual line of sight during the day-time and strictly not above 400-metres. The policy also requires drone operators to secure registration and a unique identification [...]
The Apex Court has amended its norms for accreditation of journalist or correspondents reporting on the proceedings of the cases. The amendment norms confer on the Chief Justice of India, to exercise his discretion, in the appropriate case, to waive the condition for possessing Law degree, in case a working [...]
As the Reserve Bank of India’s deadline of August 27th looms closer, as many as 60 loan-stressed accounts stare at insolvency proceedings. More than 3 lakh crore worth of loans of 70-80 companies is likely to come in for resolution under Insolvency and Bankruptcy code (IBC). The Reserve Bank of [...]
In order to make judicial proceeding more transparent and accountable, the Bench of Justices Dipak Misra, A.M. Khanwilkar, and D.Y. Chandrachud reserved its verdict on a batch of pleas related to the issue of live streaming of court proceedings. A petition filed by Swapnil Tripathi, a student of National Law University, [...]
It’s been five years since the Muzaffarnagar riots erupted in the Indian state of Uttar Pradesh which left 60 people dead, rendering over 50,000 homeless. The investigation that followed these riots resulted in 175 FIRs. Out of these 175 FIRs, Muzaffarnagar High Court only delivered a verdict on 40 cases [...]
Stating that the Right to Retire is not above the Right to save lives, the Apex Court ruled that the State can now stop government doctors from taking voluntary retirement in public interest. A Bench of Justices Arun Mishra and S. Abdul Nazeer said in its judgment that the fundamental [...]
The Supreme Court observed in a judgment that courts should be careful while proceeding against distant relatives in crime pertaining to matrimonial disputes and deaths. A Bench of Justices S.A. Bobde and L. Nageswara Rao said in a verdict that distant kin should not face trails if the allegations made [...]
Opinion over whether India should decline Foreign Aid for flood-ravaged Kerala has split down the middle. On a day of Ministry of External Affairs clarified that India will not be accepting the 7000 cr rupee aid offered by the UAE, Kerala Finance Minister Thomas Issac referred to what the national [...]