News Update Can a Moratorium under Section 14 of Insolvency Bankruptcy Code, leave petitioners without any remedy 17 Sep 2021 In the case of Anjali Rathi v. Today Homes & Infrastructure Pvt. Ltd , the petitioners (Anjali Rathi) were to be given possession of apartment in the Canary Greens, housing…
News Update Permission seeked from the Delhi High Court to set up new pharmacy college: Refused 21 Jan 2021 The petitioner filed an interim relief for the purpose of setting up pharmacy colleges for the new admission for the batch of 2020-21, to which the counsel for the petitioners…
News Update SC postpones the hearing on loan moratorium pleas until 5 November 3 Nov 2020 The Tuesday hearing of a batch of pleas relating to the interest payment of banks against EMI's that were not paid by borrowers who took advantage of the RBI loan…
News Update Centre informs SC of waiver of compound interest for loans up to Rs. 2 crores 4 Oct 2020 Replying to a plea challenging the interest on interest for loans in a notification dated March 27, the Centre has informed the Supreme Court of its decision to waive compound…
News Update LOAN MORATORIUM CAN BE EXTENDED FOR 2 YEARS: CENTRE TO SUPREME COURT 1 Sep 2020 The moratorium period on repayment of loans can be extended by two years as per the RBI's circular, informed the Supreme Court. The extension is allowed on the grounds of…
News Update To extend the deadline of moratorium on loan repayment lawyers moves to SC 23 Aug 2020 On account of the economic crisis faced by various sectors A lawyer has moved the Supreme Court seeking a direction for the Reserve Bank of India (RBI) to extend the…
News Update IBC ORDINANCE 2020: SUSPENSION OF INSOLVENCY PROCEEDINGS FOR 6 MONTHS 6 Jun 2020 The ordinance issued today effective immediately, suspends initiation of any fresh proceedings om insolvency for period of 6months, this ordinance acts as a shield to the companies. Section 7, 8…
