A bench led by Justice UU Lalit while dismissing Daiichi’s appeal, said there was “no reason to interfere” with the Delhi High Court’s October 15 order that allowed the sale of 12 bigha of land in Mehrauli belonging t
The HC dismissed her petition “on the sole ground of “maintainability”, despite there being clear violation of a statutory obligation under The Banking Regulation Act, 1949 by both, ICICI Bank and the RBI, the petition
The state government had argued that it had all details about the mineral already excavated on or before 15.03.2018 and lying at the site and the lessees cannot remove more than what is in its records.
The Reserve Bank of India (RBI) has stressed that banks have sufficient leeway to accommodate the impact of Covid19 while stipulating specific ratios for determining eligibility of loan resolution under the special window not
MP, in its appeal, alleged that APEDA had been given “wrongful” GI tag and the HC order enabled the statutory body to enforce its “wrongfully” granted GI registration against its 80,000 Basmati farmers from selling th
The lenders had earlier rejected the UBHL’s settlement offer of Rs 14,518.02 crore, saying the proposal is neither “bonafide” nor “genuine” and the liabilities are far in excess of its inflated assets.
HCC senior counsel Mukul Rohtagi argued that NHPC had given “clearly fallacious” reason for invocation of the BGs to be non-performance of the contract as the project stood completed and was inaugurated by the PM in May 2
The companies contended that the cap of $198.43 million was applicable only to such facilities as were required to achieve the production capacity of 35,000 BOPD, which in this case was achieved by the drilling of 14 wells by
“The question is about the demands of compound interest in the meantime. Moratorium and penal interest cannot go together. RBI will have to clarify,” Justice R Subhash Reddy, who was also part of the Bench with Justice MR
Mallya and six other companies owned by the family had supported a “robust and bona fide offer” made by UBHL before the HC. These “companies, which were in no way liable for the alleged debts of UBHL, have also voluntar
SC AGR hearing HIGHLIGHTS: The Supreme Court on Friday sought to make it clear that the telecom companies using spectrum must pay for it. The bench ordered Reliance Jio and Reliance Communications to share the details of the
Vedanta had initiated arbitration proceedings against the government after the latter had rejected the call option given to former to buy the residual stake at a specified price at a specified time frame.