Rajesh Exports Settles ₹510 Crore Debt With Canara Bank Following Tribunal Order
Rajesh Exports has repaid its ₹510 crore dues to Canara Bank after a Debt Recovery Tribunal order, resolving a long-standing dispute amidst ongoing regulator…
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HDFC Bank, LIC Housing Finance to contest Zee resolution
HDFC Bank and LIC Housing Finance are set to contest a National Company Law Tribunal ruling that approved a debt repayment plan for Subhash Chandra, raising…
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Bankers raise red flags over Subhash Chandra’s debt settlement and RP’s conduct
Bankers are questioning the approval of Subhash Chandra’s debt settlement, citing concerns over the Resolution Professional’s role and a drastic fall in his…
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Delhi court halts pharmaceutical firm in Udaan trademark dispute
A Delhi court has issued a permanent injunction against Sainus Pharmaceutical Private Limited, halting its use of the ‘Udaan’ trademark. This concludes a sig…
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Supreme Court of India reduces judicial service practice to one year, mandates new training structure
The Supreme Court of India has reduced the judicial service practice requirement to one year, introducing a new training and clerkship framework for aspiring…
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Supreme Court flags anomalies in consumer forum jurisdiction based on consideration paid
The Supreme Court of India has flagged serious anomalies in determining consumer forum jurisdiction under the Consumer Protection Act, 2019, which is based o…
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Sending a Legal Notice Before Filing a Consumer Case: Strategy and Requirements
Understand the strategic benefits of sending a legal notice before filing a consumer case under India’s Consumer Protection Act (CPA) 2019, and the process f…
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Comprehensive Guide to Civil Recovery Suits in India for Creditors
Businesses can use Recovery Suits in India to reclaim outstanding dues. Learn how this civil legal proceeding, governed by the Commercial Courts Act and CPC,…
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Indian law offers multiple civil and criminal ways to recover dues
A comprehensive guide to the recovery of dues under Indian law. Learn about the civil and criminal remedies available, including summary suits, the IBC, and…
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