Insolvency Resolution Plea u/s 95 of IBC Can Be Initiated Against Personal Guarantor Irrespective of His Citizenship

Case Details: ZTE Corporation v. … Continue reading “Insolvency Resolution Plea u/s 95 of IBC Can Be Initiated Against Personal Guarantor Irrespective of His Citizenship”

Attachment of Property Under PMLA Equivalent to Proceeds of Crime Upheld as Appellant Failed to Justify Its Purchase

Case Details: Dinesh Pratap Singh … Continue reading “Attachment of Property Under PMLA Equivalent to Proceeds of Crime Upheld as Appellant Failed to Justify Its Purchase”

Writ Dismissed as Assessee Failed to Appeal Against Order Within the Time Period as Directed by the Coordinate Bench | HC

Case Details: Radhey Traders v. … Continue reading “Writ Dismissed as Assessee Failed to Appeal Against Order Within the Time Period as Directed by the Coordinate Bench | HC”

[Opinion] Company & Its Directors Penalized for Using Private Placement Funds in Existing Account Before Filing Return of Allotment

Prof R Balakrishnan – [2024] … Continue reading “[Opinion] Company & Its Directors Penalized for Using Private Placement Funds in Existing Account Before Filing Return of Allotment”

SEBI Amends Buy-Back Regulations | Excludes Shares Held by Non-Participating Promoters from Entitlement Ratio

Notification No. SEBI/LAD-NRO/GN/2024/210; Dated: 20.11.2024 … Continue reading “SEBI Amends Buy-Back Regulations | Excludes Shares Held by Non-Participating Promoters from Entitlement Ratio”

Appeal Cannot Be Dismissed as Assessee Was Not Allowed to Establish That Signatory Was Authorized to Sign the Appeal Memo | HC

Case Details: SBI General Insurance … Continue reading “Appeal Cannot Be Dismissed as Assessee Was Not Allowed to Establish That Signatory Was Authorized to Sign the Appeal Memo | HC”