Supreme Court verdict is unfortunate, given how few applicants come forward in insolvency cases of this scale—and part of the legislative intention behind the IBC was to rescue businesses.
The 100-page ruling highlighted 'flagrant violations' of IBC by JSW in the insolvency process that commenced in 2017. Debt-laden steelmaker BPSL will now undergo liquidation.
Suspension orders say IPS officers Kanthi Rana Tata & Vishal Gunni arrested the actor in Mumbai on oral orders from ex-intelligence chief P Sitharama Anjaneyulu before complaint was lodged.
CBI has accused Environics Trust of violating Foreign Contribution (Regulation) Act provisions by diverting money for cyclone relief to pay people to agitate against proposed JSW group steel plant.
The project is one of the largest in the country’s manufacturing sector and the environment ministry’s approval came after it heard people’s views on the plan, JSW Steel said.
JSW beat out rivals Tata Steel Ltd. & Liberty House Group with a bid of about Rs 19,700 crore, and now adds 3.5 million tons a year of capacity to its operations.
DMK govt accuses Centre of withholding funds, tightening borrowing, unilateral deductions from state accounts. Says Centre's accounting & funding decisions have 'artificially inflated' debt burden.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
SC stands for Sleeping Court. It sleeps on cases for years.
Only crooked lawyers like Kapil Sibal and Abhishek Manu Singhvi can manage to get early hearings.
The Supreme Court operates like a mafia family. Only those part of “the family” are entitled to get their business done.
SC stands for Sleeping Court. It sleeps on cases for years.
Only crooked lawyers like Kapil Sibal and Abhishek Manu Singhvi can manage to get early hearings.
The Supreme Court operates like a mafia family. Only those part of “the family” are entitled to get their business done.
Should have hired Kapil Sibal as a lawyer! Only he gets early hearings on any hearing no matter how frivolous the matter!