News Updates
Sec 32A IBC : Delhi HC Sets Aside SFIO Complaint Against Tata Steel BS Ltd Filed In Respect Of Bhushan Steel [Read Judgment]
The Delhi High Court has quashed the summons as well as the complaint filed against Tata Steel BSL Ltd (erstwhile Bhushan Steel) by the Serious Fraud Investigation Office. However while setting aside the complaint, the Single Bench of Justice Vibhu Bakhru clarified that this order will not affect the prosecution of the erstwhile promoters or any of the officers who may be directly...
Madras HC Expresses Shock Over Compensation Of Rs 86 Lacs Awarded In A Claim Restricted To Rs 36 Lacs [Read Judgment]
The Madras High Court has expressed its shock over the Motor Accidents Claims Tribunal (Special Subordinate Court), Coimbatore [MACT] awarding a compensatory amount of more than Rs. 86 lakhs in a case where the claim itself was restricted to Rs. 36 lakhs. The Division Bench comprising of Justices R. Subbiah and R. Pongiappan set aside this motor accident award and remanded the matter back to...
National Lockdown: Kerala HC Instructs All Judicial Officers To Hear Urgent Matters From Their Residences [Read Order]
In light of the 21 days long country-wide lockdown announced by the PM last night, the Kerala High Court has instructed all the Judicial Officers of its subordinate courts to hear urgent matters from their respective residences. As stated in the Official Memorandum issued in this behalf by the Registrar General, "it is clarified that in the light of the Government Order,...
Delhi HC Asks Delhi Govt To Consider Whether Bus Marshals In DTC Buses Require Proper Training
Delhi High Court has directed the Delhi Government to consider a representation seeking proper training of Marshals that are deployed in the Delhi Transport Corporation (DTC) and Cluster buses operated by the Delhi Government. While hearing a petition complaining about the behaviour of one of such Marshals, the Single Bench of Justice Navin Chawla asked the Delhi Government...
Increase In Threshold For Commencing Insolvency Proceeding
The Union Finance Minister of India announced on Tuesday that the threshold for triggering insolvency proceedings under the Insolvency and Bankruptcy Code, 2016 ("Code") stands increased with immediate effect from Rs.1,00,000/- to Rs.1,00,00,000/-. The Central Government's power to specify such increase is found in Section 4 of the Code : "4. (1) This Part shall apply...
COVID-19: Union Labour Ministry Advises Employers To Not Terminate Their Employees Or Reduce Their Wages [Read Advisory]
In wake of the medical and economic crisis created by the outbreak of COVID-19 pandemic, the Union Ministry of Labour and Employment has urged the Employers of all Public/Private Establishments not to terminate their employees or reduce their wages, particularly those working on casual/ contractual basis. Imposition of complete lockdown across various cities in the country has...
Delhi HC Directs Expeditious DNA Testing Of Bodies Of Riot Victims Without Waiting For Court Orders [Read Order]
The Delhi High Court has directed the Delhi Government to not to wait for court's order before conducting DNA testing of persons killed during the Delhi Riots. While noting that there's no law that requires the prior permission of the court before conducting DNA testing, the Single Bench of Justice Navin Chawla ordered the Delhi Government to expedite the process of DNA matching...
Calcutta HC Initiates Contempt Against Lawyer Who Cursed Judge With COVID-19 Infection [Read Order]
The Calcutta High Court on Monday initiated criminal contempt proceedings against a lawyer, Advocate Bijoy Adhikary, for cursing the judge to contract Corona Virus because he refused to grant him his request of an urgent hearing in a matter.This development happened in a proceeding before Justice Dipankar Datta. After passing the order on the merits of the request, Datta J. took note of...
Rajasthan HC Directs ICMR To Instruct Hospitals Not To Discharge Corona Affected Patients Unless they Are Found Completely Cured [Read Order]
In a suo moto PIL registered to address the challenge of pandemic COVID-19, a division bench at the Jaipur bench of the Rajasthan High Court has asked the Director of the Indian Council of Medical Research (ICMR) to pass necessary instructions to all medical and health agencies not to discharge a Corona Virus infected patient unless he is found completely virus free through blood...
'Grant ₹ 20,000 Per Month Subsistence Allowance To Young Lawyers During Lockdown' :BCI Writes To PM, CMs [Read Letter]
Bar Council of India has written a letter to Prime Minister Narendra Modi and Chief Ministers of all States to provide a minimum sum of Rs. 20,000/- per month as subsistence allowance to young lawyers, specifically those who are not financially well/needy in view of the lockdown imposed due to the Coronavirus outbreak. The letter implores the PM and the CMs on behalf of the legal...
No Charge On ATM Withdrawals For 3 Months ; Complete Waiver Of Minimum Balance Charge : Finance Ministry
As a part of relief measures announced in view of COVID-19 lockdown, the Union Finance Minister Nirmala Sitharaman on Tuesday announced complete waiver of minimum balance charges for savings bank accounts for next three months.Also, debit card holders who withdraw cash from any bank ATM can do it free of charge for the next three months."You may withdraw cash from any bank's ATM. You don't...
COVID-19: NCLAT Withdraws Roster For Urgent Listing; Limitation Extended From March 15 Till Further Orders [Read Notice]
In view of complete lockdown/shutdown across various cities of the country to restrict the transmission of COVID-19, the National Company Law Appellate Tribunal (NCLAT) has withdrawn the Rosters issued in regard to hearing of urgent matters on March 25 and April 1. On March 20, the Tribunal had restricted its functioning to hear only urgent matters till April 1, upon mentioning as per...