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Supreme Court allows Adani to operate Coastal Energen power plant without changes until NCLAT ruling

New Delhi, Sept. 12 -- The Supreme Court allowed a consortium including Adani Power Ltd to operate a power plant of Coastal Energen Pvt, a bankrupt company that it successfully bid for, overruling an ... Read More


The camera feature that launched thousands of tax notices dating back 18 years, for Rs.20,000-23,000 crore

New Delhi, Sept. 11 -- Thousands of tax notices, worth to Rs.23,000 crore and hanging fire for 18 years are finally set to have their fate decided by the Supreme Court in a sticky legal battle that wi... Read More


Delhi High Court upholds order to ground SpiceJet planes with leased engines

New Delhi, Sept. 11 -- A division bench of the Delhi High Court division bench has dismissed SpiceJet's plea to overturn a single-bench order that mandated the grounding of two planes with engines lea... Read More


NCLAT halts insolvency proceedings against Essar's oil & gas subsidiary

New Delhi, Sept. 10 -- The National Company Law Appellate Tribunal (NCLAT) on Tuesday stayed the insolvency proceedings against Essar Oil and Gas Exploration and Production Ltd., a subsidiary of Essar... Read More


Supreme Court sets aside Bombay High Court's Rs.80 lakh penalty on Sebi, NSE, and BSE

New Delhi, Sept. 9 -- In a relief for India's markets regulator and the country's two primary stock exchanges, the Supreme Court has quashed a joint penalty of Rs.80 lakh imposed on them last month by... Read More


Supreme Court refuses to stay Adani Goodhomes' resolution plan for insolvent realtor Radius Estates

New Delhi, Sept. 6 -- The Supreme Court on Friday declined to stay the resolution plan of Adani Goodhomes, a subsidiary of Adani Infrastructure and Developers, to acquire the insolvent real estate com... Read More


Delhi High Court allows Bina Modi to vote at Godfrey Phillips AGM amid family feud

New Delhi, Sept. 5 -- The Delhi High Court on Thursday permitted Bina Modi, managing director of tobacco maker Godfrey Phillips India, to exercise her voting rights at the company's annual general mee... Read More


Supreme Court asks Sahara Group for details on current executives and assets

New Delhi, Sept. 4 -- The Supreme Court has directed the Sahara Group to disclose details about its current executives and shareholders, along with a list of unencumbered properties that could be sold... Read More


Supreme Court orders Sahara Group to sell assets to raise Rs.10,000 crore for Sebi refund account

New Delhi, Sept. 4 -- The Supreme Court has directed the Sahara Group to disclose details about its current executives and shareholders, along with a list of unencumbered properties that could be sold... Read More


NCLT seeks suspended Go First execs' views on liquidation plea

New Delhi, Sept. 4 -- The National Company Law Tribunal (NCLT) on Tuesday sought response from the suspended management of the bankrupt Go First airline regarding a liquidation plea filed by the resol... Read More