Indu Bhan

Articles By Indu Bhan

475 Articles

Siam moves Supreme Court against govt notification on vehicle registration plates

The Society of Indian Automobile Manufacturers (Siam) has moved the Supreme Court challenging the government's notifications mandating all motor vehicles to come fitted with tamper-proof, high-security registration plates (HS

sc, supreme court, siam News

Essar Steel case: SC rejects operational creditors’ plea, promoters move NCLAT

As is known, the two-member Ahmedabad bench of the NCLT on January 29 ruled that the plea by Essar Steel Asia Holdings’ to consider the Ruias’ settlement plan for Essar Steel was not maintainable. The NCLT had said the Es

Industry News

Fortis to SC: Order stopping transfer of Rs 4k cr didn’t cover any transaction with RHT

It said that violation of the Supreme Court’s December 14 order did not arise as the status quo was ordered only with regard to the “transaction between FHL and IHH.”

Fortis, supreme court, Shivinder Singh, Malvinder Singh, RHT Health Trust, Singapore, IHH Healthcare News

Bankruptcy code: NCLT can’t evaluate CoC decision on resolution plan, says SC

The NCLAT held that in both the cases the resolution plan did not garner support of not less than 75% of voting share of the financial creditors constituting the CoC, a pre-requite according to the Insolvency and Bankruptcy C

Bankruptcy code, NCLT, committee of creditors, Innoventive Industries, supreme court News

Essar Steel operational creditor moves SC against NCLAT order

The matter is likely to be mentioned for urgent hearing before a bench led by Chief Justice Ranjan Gogoi on Thursday.

Essar Steel, NCLAT order , Ahmedabad, Chief Justice Ranjan Gogoi, Insolvency and Bankruptcy Code News

End game: Ericsson seeks auction of Anil Ambani’s assets for disobedience of Supreme Court orders

Ericsson in its fresh plea said that Ambani, Seth and Virani have willfully and deliberately breached the undertakings of August 9 given to the SC and they should be restrained from leaving the country. It said that these thr

Industry News

Suspended board of firm under insolvency process must be given documents: SC

Even operational creditors, who may participate in such meetings but have no right to vote, are vitally interested in such RPs and must be furnished copies.

Economy News

SC seeks Fortis Health response on Daiichi plea for stopping transfer of Rs 4,000 crore

It said that the apex court had passed the order without it being a party to the contempt petition.

Industry News

SC seeks govt response on plea against financial creditor status to homebuyers

This right given to allottees is in addition to claims before consumer fora and Rera, which according to real estate developer Pioneer Urban Land and Infrastructure, has the effect of driving a financially solvent and healthy

Economy News

Apex court refuses to stay TDSAT order rejecting Trai’s predatory pricing rule

The Supreme Court on Monday agreed to hear telecom regulator Trai’s appeal against a telecom tribunal’s order that quashed its rules on predatory pricing and discounted offers.

Economy News

Vodafone Idea moves Supreme Court for Rs 4,761-crore tax refund

The Supreme Court on Friday sought response from the income tax department as to why it should not refund around Rs 4,761 crore to Vodafone Idea in respect of returns for assessment years (AYs) 2014-15 to 2017-18.

vodafone ide, supreme court, sc, vodafone, idea News

Daiichi moves SC to restrain Fortis from transferring funds from IHH

Japanese drugmaker Daiichi Sankyo has moved the Supreme Court seeking to restrain Fortis Healthcare from transferring any funds it has received from Malaysia’s IHH Healthcare to RHT Health Trust, Singapore, in which the for

Daiichi Sankyo, sc, supreme court News

Setback for HUL: HC refuses to stay NAA order to deposit Rs 223 crore

In a setback to FMCG major Hindustan Unilever (HUL), the Delhi High Court on Wednesday refused to stay the National Anti-profiteering Authority (NAA) order.

hul, naa, gst News

BT cotton issue: Supreme court restores Monsanto patent, for now

Multinational biotech companies that feared a premature closure of the potentially exponential Indian market for their genetically-modified plant seed technologies saw a ray of hope on Tuesday, with the Supreme Court restorin

Economy News

Reliance Jio-RCom deal: SC asks who will pay spectrum dues to DoT

The Supreme Court on Monday asked Reliance Communications (RCom) and Reliance Jio Infocomm (RJio) to resolve among themselves as to who will pay the past liabilities of the former, once the spectrum trading deal between the t

Industry News

Sugarcane arrears: SC seeks response from UP Government, cane commissioner on plea seeking dues clearance

The Supreme Court on Monday sought response from the Uttar Pradesh government and the state cane commissioner on a plea by a farmers’ body seeking sugarcane dues of around Rs 8,000 crore including interest for 2011-15.

Sugarcane arrears: SC seeks response from UP Government, cane commissioner on plea seeking dues clearance

Breather for Vodafone Idea: Supreme Court admits telco’s appeal in tax dispute

The Supreme Court has sought the income tax department’s response on whether installation of cell site towers by telecom companies in existing telecom circles amounted to ‘extension of existing business’ or providing be

Industry News

Tamil Nadu govt moves apex court against reopening of plant

Challenges the NGT order that allowed Vedanta to reopen its copper smelter after taking approval from the state pollution control board within three weeks.

Industry News

ONGC moves SC against stay on Rs 1,219-cr sub-sea oil pipeline project

The apex court listed the case for hearing on January 2 and asked the Bombay HC to decide on ONGC’s review petition which was dismissed in view of an appeal pending before the top court.

Industry News

Supreme Court puts Fortis sale to IHH Healthcare on hold

IHH, which has infused Rs 4,000 cr into the firm, can’t commence its open offer scheduled for December 18

sc, supreme court, fortis News

Relief to RCom: Supreme Court tells govt to let it sell spectrum to Reliance Jio, but with a condition

The Supreme Court on Friday asked the department of telecommunications (DoT) to grant a no objection certificate (NoC) to Reliance Communications to trade its spectrum with Reliance Jio Infocomm by Monday on the condition tha

sc, supreme court,rcom, reliance communications, reliance jio News

Anil Ambani-led RCom moves Supreme Court against DoT

Reliance Communications and its subsidiary Reliance Telecom on Thursday moved the Supreme Court, asking it to initiate appropriate contempt proceedings against the department of telecommunications (DoT) for “wilfully and de

reliance communications, sc, dot News

IndiGo moves SC against Meghalaya HC order to make airport operational in Shillong

Budget airline IndiGo’s parent company, InterGlobe Aviation, on Wednesday moved the Supreme Court challenging the last week’s order of the Meghalaya High Court that asked it to finalise within a week the date of commencin

indigo, aviation sector, aviation industry News

SC seeks response from govt on RCom’s appeals against TRAI’s prepaid balance directives

The Supreme Court on Monday sought response from the Centre and telecom regulator Trai on appeals by Anil Ambani-led Reliance Communications (RCom) challenging Trai’s directions that asked the firm to refund unspent prepaid

Industry News

Jaypee insolvency case: Homebuyers seek secured financial creditors status

Homebuyers are considered financial creditors under the amended IBC and their views will be considered while deciding the resolution plan of a company

Industry News

Gas theft case: HC seeks response from Reliance, others

Justice Rajiv Shakdhar while seeking response from the RIL, its partners - UK-based BP Plc and Niko Resources of Canada – posted the matter for directions on December 15.

Industry News

SC seeks govt response on withdrawal of soda ash import duty

According to HUL, the HC was wrong in curtailing the completion of mid-term review to 60 days as the DGTR is required to complete the exercise within a year which can be extended by another six months by the central governmen

Economy News
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