News Update… Supreme Court Clarifies: DRT Recovery Certificate Not Equivalent to Decree for Issuing Insolvency Notice Under Presidency Towns Insolvency Act 13 Jul 2026 The Supreme Court has held that a recovery certificate issued by a Debts Recovery Tribunal (DRT) under the Recovery of Debts and Bankruptcy Act, 1993 (pre-2016 amendment) cannot form the…
News Update Supreme Court Imposes ₹50,000 Costs on Food Corporation of India for Filing Frivolous SLP 10 Dec 202410 Dec 2024 On December 9, the Supreme Court dismissed a Special Leave Petition (SLP) filed by the Food Corporation of India (FCI) and its Divisional Manager, imposing a cost of ₹50,000 each…
Lawcutor 