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NCLAT stays bank guarantee invocation in JAL case, admits contractor's plea

NEW DELHI, March 20 -- The National Company Law Appellate Tribunal (NCLAT) on Friday issued notice to the monitoring committee of bankrupt Jaiprakash Associates Ltd (JAL) on a plea by Velocity Enterpr... Read More


Adani's Mumbai airport takes Jet Airways dues row to NCLAT

Mumbai, March 20 -- Billionaire Gautam Adani-owned Mumbai International Airport Ltd (MIAL) has approached the National Company Law Appellate Tribunal (NCLAT) against the liquidator of the bankrupt Jet... Read More


First challenge filed against Adani's Rs.14,543-crore resolution plan for Jaiprakash Associates

New Delhi, March 19 -- Velocity Enterprises, a Bhopal, Madhya Pradesh-based contractor, has filed the first challenge to the Gautam Adani-led Adani Enterprises' Rs.14,543-crore resolution plan for the... Read More


Adani-owned Mumbai airport takes Jet Airways dues row to appellate tribunal

New Delhi, March 19 -- Billionaire Gautam Adani-owned Mumbai International Airport Ltd (MIAL) has approached the National Company Law Appellate Tribunal (NCLAT) against the liquidator of the bankrupt ... Read More


Delhi HC clarifies 'Pisco' brandy belongs to both Peru and Chile

New Delhi, March 18 -- South American niche brandy Pisco belongs to both Peru and Chile, the Delhi High Court ruled on Wednesday, rejecting the Peruvian embassy's plea seeking exclusive rights to the ... Read More


Delhi HC gives SpiceJet final 4 weeks to deposit Rs.144.5 crore in Maran dispute, rejects property pledge

New Delhi, March 18 -- The Delhi High Court on Wednesday granted budget airline SpiceJet a final opportunity to deposit Rs.144.5 crore within four weeks in its ongoing arbitration dispute with Kalanit... Read More


SpiceJet seeks relief on Rs.144 crore Maran payment, cites financial losses, Gulf flight cancellations

New Delhi, March 17 -- Budget airline SpiceJet told the Delhi high court on Tuesday that it faces a severe liquidity crunch and is unable to deposit Rs.144.5 crore as directed in its ongoing arbitrati... Read More


Mint Explainer | Why the Supreme Court is re-examining a 46-year-old definition of 'industry' that could affect millions

New Delhi, March 16 -- The Supreme Court on 14 March notified a nine-judge Constitution Bench to revisit a longstanding question in Indian labour law: What legally counts as an "industry?" The interp... Read More


Mint Explainer | Why the Supreme Court is re-examining a 48-year-old definition of 'industry' that could affect millions

New Delhi, March 16 -- The Supreme Court on 14 March notified a nine-judge Constitution Bench to revisit a longstanding question in Indian labour law: What legally counts as an "industry?" The interp... Read More


SC to examine mandatory EPF for expats after LG Electronics' plea

New Delhi, March 12 -- Monthly deductions toward the Employees' Provident Fund (EPF) are routine for most workers in India. While foreign employees in India currently contribute to the retirement savi... Read More