Corporate Law : The Supreme Court held that compensatory allowances form part of “ordinary wages” for overtime calculation. Executive circular...
Company Law : Delhi High Court held that writ jurisdiction under Article 226 of the Constitution of India is not exercisable in absence of any p...
Company Law : NCLAT Delhi held that Resolution Professional is required to take control and custody of any assets for which the Corporate Debtor...
Company Law : NCLAT Delhi held that amount advance to Corporate Debtor with view to share profit in real estate project doesn’t qualify as fin...
Company Law : NCLAT Delhi held that balance sheet entries are reliable evidence of existence of financial debt. Accordingly, since debt and defa...
Bombay High Court held that having regard to the provisions of Section 55(6) of the Bombay Sales Tax Act, 1959, the Tribunal, acting as an Appellate Authority, certainly had powers to modify the order of part payment passed in First Appeal while hearing the Second Appeal.
