The initiation of IBC proceedings in respect of a debtor has certain drastic consequences on both day-to-day running of the business of a debtor and on all creditors generally.
The Delhi High Court on Tuesday permitted Chinese mobile phone maker Xiaomi to sell and import Qualcomm chipset based handsets till January 8, as a temporary measure.
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'Another change of coach will effect our growth and we will have to start from the scratch. And whatever may be the reason for Ramesh Sir's and Mithali Raj's conflicts, they should solve it across the table like a family and call it truce. This will provide more sense and security to them and the entire team'
Daring the military-backed government, supporters of deposed Egyptian President Mohammed Morsi have called for a "million person march" tomorrow against his ouster, even as police today arrested two top leaders of an Islamist party in a widening crackdown on protesters.
The date and venue of the BCCI's Annual General Meeting, also scheduled in September, will be decided at the working committee meeting in Kolkata on Sunday.
The poet and professor's 'life breath is now in the hands of those sworn to uphold his Constitutional right to life.' 'Will they be true to their oath?', asks Jyoti Punwani.
Media trials tend to influence judges by subconsciously creating a pressure, the Delhi high court observed.
The high court set aside and quashed the recommendations of the sentence review board (SRB) which had rejected Sharma's representation for pre-mature release.
While listing the matter for hearing on April 27, the bench said that the high court shall provide the judgement passed on Thursday to the parties by April 26 and on the same date the copy of the verdict shall also be placed before the apex court.
In a setback for former Maharashtra Chief Minister Ashok Chavan, the Bombay High Court on Wednesday rejected CBI's petition to drop his name as an accused in the Adarsh scam case.
What will the Centre and the Tamil Nadu government do to answer the queries and fears of investors who will want to be doubly sure they would not be harassed at a later date, as has been happening to Sterlite, should be interesting to watch, says N Sathiya Moorthy.
'As he has no executive track record, so far, he is all talk and hence essentially a braggart and a bigot.' 'That he is described as the 'Trump of the tropics' should give a shorthand summary to what he stands for on issues in general,' points out Ambassador B S Prakash, India's former envoy to Brazil.
The BJP, which has two MLAs in the MDA government, backed the Cabinet decision.
The Supreme Court also asked the supervisory committee to decide on Tamil Nadu's plea in ten days from Monday.
JM Financial Consultants, Arpwood Capital and Alvarez & Marsal will advise the board going forward
In 2013, Daiichi had launched the arbitration proceedings in Singapore.
The Supreme Court on Monday stayed till further orders the execution of death penalty of two of the four convicts in the December 16 gang rape and murder case.
The Board of Control for Cricket in India treasurer Ravi Savant on Wednesday said that Board president N Srinivasan is likely to attend the Working Committee meeting in Kolkata on September 1.
'Going by his political conduct over the past 15 years since first becoming chief minister, he has made enough enemies among equals as friends and followers.' 'They could gang up and that could mean a lot for AIADMK politics to handle,' says N Sathiya Moorthy.
Though EPS has sworn peace for now, or so it seems, his camp is said to be considering the possibility of calling an early meeting of the party's general council, to get a mandate in his favour before things went out of control. Ground-level indications are that OPS had lost his limited base, which alone had forced him to patch up with the other, reportedly at the instance of the BJP ally at the Centre, says N Sathiya Moorthy.
Thousands of angry supporters of deposed Egyptian President Mohammed Morsi, chanting slogans like "down with military rule", today took to the streets after Friday prayers demanding his reinstatement, as soldiers opened fire to chase them away, killing at least three people.
The party approached the Supreme Court seeking permission to hold the campaign 'Save Democracy Rally', which would cover 42 parliamentary constituencies in the state ahead of the 2019 general elections.
Fearing legal trouble after the Bombay high court declared its IPL spot-fixing probe "illegal and unconstitutional", the under-fire Board decided to call off its Working Committee meeting in New Delhi on Friday.
Michel was extradited in an operation under the guidance of National Security Advisor Ajit Doval, the Central Bureau of Investigation said on Tuesday.
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The apex court also prohibited other states from issuing a notification against the exhibition of the movie.
On Thursday, violent mobs went on the rampage in the Nagaland capital vandalising and setting on fire government offices and vehicles, prompting deployment of five columns of army to bring the situation under control.
Another meeting will be called next week at a mutually-convenient date.
The Gurugram Police detained and questioned Harpal Singh, a gardener at the Ryan International School.
N Srinivasan was on Friday restrained from assuming charge of the Board of Control for Cricket in India, if elected to the post, by the Supreme Court, which allowed the Board to hold its proposed Annual General Meeting scheduled for Sunday.
O Paneerselvam did not even sit in Jayalalithaa's office chamber and left her seat vacant in the assembly. This time Amma is not coming back and he has a large number of challenges awaiting him.
The Karnataka government is divided over filing an appeal in the Supreme Court against the acquittal of former Tamil Nadu chief minister. N Sathiya Moorthy analyses the possibilities
N Srinivasan refuses to confirm whether he is back in office as president of the Board of Control for Cricket in India.
News of all that's transpired on and off the football field.
The present ruling also has a bearing on Nestle's Maggi noodles.
A case that J Jayalalitha 'does not want' is back and in the Supreme Court. N Sathiya Moorthy reports on the possible repercussions of the disproportionate assets case on Tamil Nadu politics.
The Supreme Court on Wednesday agreed to hear the Board of Control for Cricket in India's plea against the Bombay high court verdict, which declared as illegal its probe panel that was set up to look into the Indian Premier League spot-fixing and betting controversy.
Attorney General Mukul Rohtagi is representing the government.
It further said that he cannot live merely on 'past glory' as the trust has been reposed in him for defending the country.