The Securities and Exchange Board of India (SEBI) has issued a Circular to address Surveillance Related Lapses (SRL) by Market Infrastructure Institutions (MIIs)
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From the aforesaid decisions and settled law, it is certain that any person can acquire a debt free company in any territorial jurisdiction and of any sector in India, subject to availability of a corporate debtor, in CIRP or Liquidation, under the provisions of the IBC
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Currently, though there are a few disparate provisions under existing laws which cover some aspects of fraudulent communications, what continues to be missing is a contemporary legal framework which calls out this menace as an offence to specifically deter and penalise such communications
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The working of Consumer Courts has served the purpose to a considerable extent. However, several shortcomings have been noticed while administering the provisions of the said Act
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Dr. Mukul Shastry, General Counsel, Cube Highways, said that extending the advantage of privileges available to lawyers to GC, would help in a more meaningful, stress-free conversation between GC and the business colleagues
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The Juvenile Justice Act needs to change and adequate provisions need to be incorporated to ensure that heinous offences committed by minors can be dealt with
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Taking into account the foregoing, the Delhi High Court, at an interim stage, directed SpiceJet to return the aircraft along with the engines, and relevant records related to the technical condition and usage of the aircraft to the foreign aircraft lessor
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The SC established the concept of ‘Curative Petition’ in 2002 under its inherent powers under Article 129 & Article 142 the Constitution of India (“CoI”), through a series of judgments in the case Rupa Ashok Hurra v. Ashok Hurra. It is the ultimate legal resort available to litigants’ seeking relief. A curative petition is filed when a review petition is dismissed by circulation, i.e., without an open hearing in the SC. However, a curative petition is allowed only in very exceptional cases where a serious miscarriage of justice has occurred.
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The amendments proposed under the Labour Codes would need to be kept in mind by organisations in the assessment of their readiness to comply
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She fled Dubai on January 30, two days before the LOC was issued on February 2024
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