Articles for Other Legal News

[Exclusive] NCLAT Sets Aside NCLT’s Order Directing CoC to Raise Finances for Paying Employee Salaries/Wages

In the present case, an application was preferred by the employees/ex-employees of the Corporate Debtor seeking payment due to the employees during the CIRP period. (CA No. 307 /2020 Committee of Creditors of EMCO Ltd. V. Mary Mody)

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Cross-border Payments for sale of Software not Taxable as 'Royalty': Supreme Court

The appeals filed by assesses were allowed, while the Income Tax Department's appeals were dismissed by a bench of Justices Rohinton Nariman, Hemant Gupta, and BR Gavai (IT department).

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Deal Closed | Edgeconnex, Inc. | Joint Venture with Adani Enterprises

Khaitan & Co advised Edgeconnex, Inc. as co-counsel along with Allen & Overy in connection with the proposed joint venture with Adani Enterprises Limited.

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Former BARC CEO Partho Dasgupta Gets Bail in TRP Case on Merits as well as Medical Grounds

Mr Dasgupta has been directed to appear before the the crime branch on the first Saturday of every month for six months and thereafter once every three months. He has also been asked to furnish a bond of INR 2 Lakh as part of the bail condition.

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SEBI Proposes Stricter Rules on Independent Directors

The Securities and Exchange Board of India (SEBI) proposed that if listed companies in India wish to appoint or remove independent directors they should require the “dual approval” of shareholders and a majority of the company’s minority investors.

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Delhi Riots: HC Dissatisfied over Police's Vigilance Inquiry Report over Media Leak

Terming the inquiry to be worse than an ordinary inquiry in a petty theft case, the High Court said the report was completely silent and asked the Special Commissioner of Police (Vigilance) to be present in the virtual proceedings on March 5 in the matter.

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Junior Associate Required at BadshaLegal, Chennai

2-4 years’ experience in transactional law and litigation preferred.

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Gautam Navlakha Moves Supreme Court Against Rejection of Default Bail by Bombay High Court

According to section 167(2) of the Code of Criminal Procedure (CrPC), the prescribed upper-limit to file the charge sheet is of 90 days. National Investigation Agency (NIA) failed to file the charge sheet within the limit authorized due to this Gautam Navlakha has sought bail.

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