Cheque Bounce Complaint Based On Second Notice After Re-Presentation Of Cheque Maintainable: Applying the mandate of MSR Leathers vs. S. Palaniappan and Another 2013 (1) SCC 177, The Supreme Court in (Sicagen India Ltd vs. Mahindra Vadineni) has held that a cheque bounce complaint filed based on the second statutory notice issued after re-presentation of Read more about Newsletter- JANUARY 2019[…]
Delhi HC directs Kamla Nagar vendors to pay 20 Lakhs for selling Louboutin Knock-offs On 31st July, 2018, Delhi HC held that vendors cannot be permitted to enjoy the benefits of evasion or covert priorities by infringing Louboutin’s trademark. Thus, decreed for a sum of rs 20 lakhs to Louboutin along with 10% of interest Read more about Newsletter- AUGUST 2018[…]
Hyderabad High Court Suspended an Order of the NCLT On July 16, 2018, in Ramky Infrastructure Ltd. vs Todi Minerals Pvt. Ltd., NCLT (Hyderabad Bench) assented for the initiation of Corporate Insolvency Resolution Process (CIRP) as provided by IBC against Corporate Debtor. The only objection raised on this was on the NCLT’s Jurisdiction to entertain the Read more about Newsletter-July 2018[…]
Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018 Promulgated On June 6, 2018, President assented for promulgation of Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018. Highlights of this Ordinance are: Homebuyers are recognised as Financial Creditors. Permission for withdrawal of Insolvency applications to be granted if it’s approved by 90% vote share of Committee of Creditors. Read more about Newsletter-June 2018[…]