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Future Group's Biyani brothers face lenders' Rs.800 crore recovery push

New Delhi, Oct. 30 -- The Delhi High Court has sought details of assets held by Future Group promoters Kishore Biyani and his brother Rakesh Biyani as lenders move to recover nearly Rs.800 crore in du... Read More


NCLAT scraps insolvency proceedings against Polycab over Rs.2.78 crore claim

New Delhi, Oct. 30 -- In a relief to Polycab India Ltd, the National Company Law Appellate Tribunal (NCLAT) on Friday set aside insolvency proceedings against the wire and cable maker over unpaid dues... Read More


'Completely hijacked': Supreme Court rebukes corporate affairs ministry over NCLT autonomy

New Delhi, Oct. 29 -- The Supreme Court on Thursday criticized the ministry of corporate affairs (MCA) over its handling of the National Company Law Tribunal (NCLT), observing that the ministry had "c... Read More


'Don't treat people's lives as commerce': SC pulls up Centre and hospitals over medicine mark-ups

New Delhi, Oct. 27 -- The Supreme Court on Tuesday criticised the Centre for failing to adequately justify steep markups on medicines, asking why it took years to cap trade margins on selected anti-ca... Read More


SC takes EY tax dispute on overseas staff transfers

New Delhi, Oct. 27 -- The Supreme Court on Monday agreed to hear global consulting firm EY's plea challenging a Delhi high court ruling that treated payments made by its Indian entities to its US arm ... Read More


SC takes up EY's tax dispute over overseas employee transfers

New Delhi, Oct. 26 -- The Supreme Court on Monday agreed to hear global consulting firm EY's plea challenging a Delhi high court ruling that treated payments made by its Indian entities to its US arm ... Read More


How the Polycab case exposes the misuse of IBC for small dues

New Delhi, Oct. 20 -- Bankruptcy proceedings initiated by vendors and suppliers over unpaid dues from large companies are in focus after the insolvency court admitted a plea against wire and cable mak... Read More


Supreme Court upholds Bombay HC order quashing Yes Bank's Rs.8,415 cr AT-1 bond write-off

New Delhi, Oct. 15 -- In a setback to private lender Yes Bank, the Supreme Court on Thursday upheld the Bombay High Court's judgment quashing the bank's Rs.8,415 crore AT-1 bond write-off. The verdic... Read More


HC rejects SpiceJet's plea for more time to deposit Rs.144.5 cr in Maran dispute

New Delhi, Oct. 13 -- The Delhi High Court on Tuesday dismissed SpiceJet's plea seeking more time to deposit Rs.144.51 crore in its dispute with Kalanithi Maran and KAL Airways. A bench of Justice Vi... Read More


New tournament, fresh lawsuit: Why sports broadcasters keep returning to court over piracy

New Delhi, Oct. 12 -- The fight against India's sports piracy has turned into a cat-and-mouse game, where every new tournament spawns fresh pirate sites and broadcasters scurry for blocking orders. De... Read More