Supreme Court held that person accused for an offence under section 447 of the Companies Act cannot be released on bail without satisfying mandatory twin conditions prescribed under sub-section (6) of section 212 of the Companies Act.
Supreme Court held that washing and dry cleaning is covered within the meaning of ‘manufacturing process’ defined under section 2(k) of the Factory Act, 1948 and hence Factory Act will be applicable. Accordingly, appeal is allowed and order of High Court set aside.
In the year 1998, respondent no.1 was appointed as an Assistant Engineer in Karnataka Power Transmission Corporation Limited. Later, he was promoted to the post of Executive Engineer in Bangalore Electricity Supply Corporation.
Supreme Court permits NFRA to continue audit regulatory proceedings against CAs where no final orders exist, but stays execution of existing final orders.
SC directs all courts to report cash claims of ₹2L+ to Income Tax Dept under Sec 269ST for scrutiny, in judgment involving R.B.A.N.M.S. Trust dispute.
Supreme Court held that in the case under Section 138 of the Negotiable Instruments Act, 1881 [NI Act], complainant is not required to show evidence that he had the financial capacity. Accordingly, appeal of appellant allowed.
Supreme Court affirms that an agreement to ‘conduct’ a hotel business does not automatically confer tenancy rights under the Bombay Rent Act.
A Rajendra Vs Gonugunta Madhusudhan Rao & Ors (Supreme Court of India) The Supreme Court of India has upheld an order by the National Company Law Appellate Tribunal (NCLAT), dismissing appeals filed by A Rajendra, a shareholder and suspended Managing Director of Dharti Dredging and Infrastructure Limited (Corporate Debtor). The NCLAT had dismissed the appeals […]
Supreme Court upheld Karnataka High Court’s decision, declaring a single satisfaction note for multiple years under Section 153C invalid, reinforcing procedural compliance.
Supreme Court held that as there was no privity of contract between the concerned parties therein, no ‘deficiency’ would arise and the action (complaint) would not be maintainable before the concerned Consumer Forum.
