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Page 366 - Supreme Court

NCLT can rule only on insolvency of corporate debtors, says Supreme Court

The Supreme Court on Monday held that the NCLT has jurisdiction to adjudicate disputes, which arises solely or relates to the insolvency of a corporate debtor. The top court, however, cautioned the National Company Law Tribunal (NCLT) and its appellate tribunal (NCLAT) to ensure that they do not usurp the legitimate jurisdiction of other courts, tribunals and forum, when the dispute is not related to the insolvency of the Corporate Debtor. A bench of Justices DY Chandrachud and M R Shah said, Therefore, considering the text of Section 60(5)(c) (of IBC) and the interpretation of similar provisions in other insolvency related statutes, NCLT has jurisdiction to adjudicate disputes, which arise solely from or which relate to the insolvency of the Corporate Debtor. The top court verdict came on an appeal filed by Gujarat Urja Vikas Nigam Ltd against a NCLAT order by which it had upheld the decision of NCLT staying the termination of Power Purchase Agreement (PPA) entered with a firm ...

NCLT can rule only on insolvency of corporate debtors, says Supreme Court
Updated On : 08 Mar 2021 | 11:57 PM IST

Water crisis: Delhi Jal Board moves Supreme Court against the Haryana govt

Chadha claimed the Haryana government has reduced the supply of raw water to Delhi, resulting in shortage of water supply in the national capital

Water crisis: Delhi Jal Board moves Supreme Court against the Haryana govt
Updated On : 08 Mar 2021 | 9:48 PM IST

SC extends limitation, asks govt to amend guidelines for containment zones

While disposing of the Suo moto case, the Supreme Court in an order on Monday extended the limitation

SC extends limitation, asks govt to amend guidelines for containment zones
Updated On : 08 Mar 2021 | 2:56 PM IST

We have highest respect for women, says Supreme Court

The top court said the reputation of the judiciary is in the hands of its lawyers, the 'Bar'

We have highest respect for women, says Supreme Court
Updated On : 08 Mar 2021 | 1:43 PM IST

Need for greater, in-depth study of Constitution, says Supreme Court judge

Supreme Court judge Justice Sanjay Kishan Kaul on Saturday said there was a need for greater and in-depth study of the Constitution

Need for greater, in-depth study of Constitution, says Supreme Court judge
Updated On : 06 Mar 2021 | 8:06 PM IST

Centre's social media regulation lacks teeth, says Supreme Court

The top court also granted interim protection from arrest to Amazon Prime Video's India head Aparna Purohit in FIRs lodged over web series Tandav.

Centre's social media regulation lacks teeth, says Supreme Court
Updated On : 05 Mar 2021 | 10:46 PM IST

Fed up with cut, copy and paste business of HCs in this computer age: SC

The Supreme Court on Friday said that it is fed up with cut, copy and paste business done in this computer age by the High Courts

Fed up with cut, copy and paste business of HCs in this computer age: SC
Updated On : 05 Mar 2021 | 8:51 PM IST

LIVE: Target of blending 20% ethanol in petrol advanced to 2025, says PM

Prime Minister Narendra Modi on Friday interacted with India Inc for information sharing and brainstorming on Production Linked Incentive (PLI) schemes. Stay tuned for Latest LIVE news

LIVE: Target of blending 20% ethanol in petrol advanced to 2025, says PM
Updated On : 05 Mar 2021 | 7:20 PM IST

Top headlines: PM Modi praises PLI scheme; Mamata to contest from Nandigram

Business Standard brings you top news of the evening

Top headlines: PM Modi praises PLI scheme; Mamata to contest from Nandigram
Updated On : 05 Mar 2021 | 4:51 PM IST

Tandav row: Govt's guidelines for OTT platforms have 'no teeth', says SC

While granting interim protection from arrest to Amazon Prime Video's India head Aparna Purohit, the apex court said that law has to be framed to put in place a mechanism to control OTT platforms

Tandav row: Govt's guidelines for OTT platforms have 'no teeth', says SC
Updated On : 05 Mar 2021 | 2:20 PM IST

SC favours OTT regulations; asks Centre to place norms before it by Friday

The top court stressed that there should be some screening of shows and web series being telecast on such platforms

SC favours OTT regulations; asks Centre to place norms before it by Friday
Updated On : 04 Mar 2021 | 2:48 PM IST

SC to hear petitions by women Army officers over permanent commission

The court will hear a batch of petitions on a plea by women officers in the Indian Army who had approached the Apex Court over non-implementation of its order to grant them a permanent commission

SC to hear petitions by women Army officers over permanent commission
Updated On : 04 Mar 2021 | 7:40 AM IST

Voicing dissent against government not sedition, says Supreme Court

Dismisses PIL against Farooq Abdullah over his comments on Article 370

Voicing dissent against government not sedition, says Supreme Court
Updated On : 04 Mar 2021 | 12:41 AM IST

SC proposes to lift extension of limitation period for filing appeals

The apex court had on March 23 last year invoked its plenary power under Article 142 of the Constitution to extend the limitation period of appeals from courts or tribunals on account of the pandemic

SC proposes to lift extension of limitation period for filing appeals
Updated On : 03 Mar 2021 | 10:00 PM IST

Javed Akhtar files caveat in SC against Kangana Ranaut's transfer plea

Javed Akhtar has filed a caveat in the Supreme Court saying that he be heard in connection with Bollywood actress Kangana Ranaut and her sister Rangoli Chandel's plea seeking transfer of cases

Javed Akhtar files caveat in SC against Kangana Ranaut's transfer plea
Updated On : 03 Mar 2021 | 9:45 PM IST

SC to hear anticipatory bail plea of Amazon Prime Video India head on Thurs

The Supreme Court will hear on Thursday the plea of Amazon Prime Video's India head Aparna Purohit

SC to hear anticipatory bail plea of Amazon Prime Video India head on Thurs
Updated On : 03 Mar 2021 | 4:09 PM IST

SC appalled over arrest of court-appointed Interim Resolution Professional

Anuj Jain was appointed by the top court under the Insolvency and Bankruptcy Code (IBC) and was entrusted with the task to ensure functioning of Jaypee Infratch

SC appalled over arrest of court-appointed Interim Resolution Professional
Updated On : 02 Mar 2021 | 11:56 PM IST

SC to hear Amazon Prime head's anticipatory bail plea over 'Tandav' row

Supreme Court will hear on March 3 an appeal filed by Amazon Prime's Commercial Head, Aparna Purohit against the Allahabad High Court order that denied her anticipatory bail

SC to hear Amazon Prime head's anticipatory bail plea over 'Tandav' row
Updated On : 02 Mar 2021 | 11:19 PM IST

Payments by Indian firms for foreign software not taxable: Supreme Court

The court held that there is no liability for Indian companies to deduct tax at source with respect to purchase of software from foreign companies.

Payments by Indian firms for foreign software not taxable: Supreme Court
Updated On : 02 Mar 2021 | 11:17 PM IST

Open SC for physical hearing as Covid on decline: SCBA Prez writes to CJI

The SCBA president said that hearing in open Court is both the convention and the constitutional requirement in the Supreme Cour

Open SC for physical hearing as Covid on decline: SCBA Prez writes to CJI
Updated On : 02 Mar 2021 | 10:52 PM IST