Judiciary updates -18th Oct 2021

Benami Act, 1988, would not extend to properties purchased by the company Kalyan Buildmart Pvt. Ltd. Vs Initiating Officer (Rajasthan High Court) dated 06/10/2021 NCLT admits RBI application for initiating CIRP against Srei Infra Reserve Bank of India Vs Srei Infrastructure Finance Limited (NCLT kolkata) dated 08/10/2021 No limitation period in case of usufructuary mortgage:Continue reading “Judiciary updates -18th Oct 2021”

Judiciary updates (Finance) – 15 Oct 2021

Sec 138 NI Act: Complaint comes to an end Once Accused & Complainant Enter into a Settlement Agreement: SCGimpex Private Limited Vs Manoj Goel (Supreme Court of India) Sec 138 NI Act- Complainant to prove the existence of a debt V.P. Zacharia Vs State of Kerala (Kerala High Court)  Section 138 NI Act Directors responsibleContinue reading “Judiciary updates (Finance) – 15 Oct 2021”

Latest Landmark Judicial Updates (Supreme Court) -14th Oct 2021

Will cannot be doubted merely for Exclusion of brother or sister: SC V. Prabhakara Vs Basavaraj K. (Dead) By Lr. & Anr. (Supreme Court of India) dated 07th Oct 2021 ×××××××××××××××××××× In a contempt jurisdiction, Court cannot travel beyond original judgment: SC V. Senthur And Another Vs M. Vijayakumar (Supreme Court of India) dated 01/10/2021Continue reading “Latest Landmark Judicial Updates (Supreme Court) -14th Oct 2021”