Tribunals/Commissions/Regulatory Bodies Archives | Page 6 of 90

Case Briefs Tribunals/Commissions/Regulatory Bodies

CoCs cannot consider Resolution Plans from applicants not listed in Prospective Resolution Applicants’ List: NCLAT

NCLAT held that CoCs’ resolution not to consider Resolution Plans from additional new entrants rendered the NCLAT’s orders unsustainable.

Case Briefs Tribunals/Commissions/Regulatory Bodies

NGT appoints amicus curiae for effective resolution of unauthorised encroachments on public parks in Ghaziabad

The National Green Tribunal deemed the personal appearance of authorised officers from Ghaziabad Municipal Corporation and Ghaziabad Development Authority necessary for the next hearing.

Case Briefs Tribunals/Commissions/Regulatory Bodies

NGT rejects SPG’s plea to extend registration of 3 Special Armoured Vehicles used in PM’s security

NGT relied on Supreme Court’s direction restricting diesel vehicles more than 10 years’ old to ply in NCR region.

Case Briefs Tribunals/Commissions/Regulatory Bodies

NGT takes suo motu cognizance of increasing pollution in Indrayani River in Pune

Effluents were released into the river water and the river was getting polluted due to untreated industrial and domestic waste.

Case Briefs Tribunals/Commissions/Regulatory Bodies

Notice should be served at Company’s registered office: Maharashtra SCDRC in Consumer Case against Decathlon

SCDRC opined that the submissions made by the complainant for serving notice at the Branch Office could not be considered.

DCDRC finds Matrimony.Com Ltd. liable for deficiency in service for failing to deliver video album of a marriage reception held in 2017

Case Briefs Tribunals/Commissions/Regulatory Bodies

DCDRC chastises Uber India; Notes that charging excess cab fare rather than the actual contracted fare during advance booking, is unfair trade practice

DCDRC also held that in order to keep a check on unruly service providers such as Uber, who commit breach of commitments at the nick of time, they are required to be dealt with heavy hands and as such they must be made to deposit at least Rs.10,000 as compensation in Consumer Welfare Fund of the Chandigarh District Forum.

CBI probe Mahua Moitra in cash-for-query

Case Briefs Tribunals/Commissions/Regulatory Bodies

Cash-for-query | Lokpal’s direction which led CBI to register case against Mahua Moitra and a dive into Preliminary Inquiry Report

Mahua Moitra, who was elected from the Krishnanagar seat in West Bengal, was expelled on 08-12-2023 from Lok Sabha over cash-for-query charges.

Case Briefs Tribunals/Commissions/Regulatory Bodies

Filing of ‘Certified Copy’ not an empty ritualistic formality: NCLAT

NCLAT upheld appellant’s classification as a Financial Institution and it’s liability to pay Liquidation Costs.

Case Briefs Tribunals/Commissions/Regulatory Bodies

DCDRC directs Flipkart to pay compensation of Rs 13,000 for adopting unfair trade practice and cancelling an iPhone order

The District Consumer Court found Flipkart to be guilty of deficiency in service and of adopting unfair and restrictive trade practice.

Case Briefs Tribunals/Commissions/Regulatory Bodies

Dead Cockroach in Soup and Expired Bread; DCDRC directs IRCTC and on-board caterers to compensate for mental agony caused due to serving of unhygienic food

What promised to be a comfort bowl of hot soup and bread, turned out to be an unhygienic mess for the complainant and his family travelling in Executive Class coach of New Delhi to Chandigarh Shatabdi Express.

Case Briefs Tribunals/Commissions/Regulatory Bodies

DCDRC finds Matrimony.Com Ltd. liable for deficiency in service for failing to deliver video album of a marriage reception held in 2017

DCDRC observed that the video was not just a collection of images and sounds but a vessel for the heartbeats of a family’s collective journey, carrying the laughter, tears, and love of a day that marked the beginning of a new chapter in their lives.

Case Briefs Tribunals/Commissions/Regulatory Bodies

NCLAT rules on Secured Creditor’s right to choose method of debt realisation

NCLAT stated that since the IBC overrides the SARFAESI Act, the Liquidator ought not to prefer a petition, based on the SARFAESI Act, and therefore Liquidator’s decision to classify the appellant as an unsecured financial creditor was illegal and invalid.

Case Briefs Tribunals/Commissions/Regulatory Bodies

CAT grants interim protection to 17 KVS Primary Teacher (Music) candidates over ‘communication gap’ grievances, subject to final outcome

The case was filed, compelled by the absence of communication regarding the outcome of the selection process for the post of Primary Teacher (Music) despite an active participation, whereas other candidates received offers of appointment while keeping her in the dark about the status.

Case Briefs Tribunals/Commissions/Regulatory Bodies

ITAT allows Vodafone’s claim of depreciation on goodwill acquired pursuant to slump sale acquisition of Call Centre Business from VEGL

ITAT noted that Parliament had taken due note that the Supreme Court had held that the goodwill arising on business reorganization i.e. amalgamation, slump sales, demerger etc. is a depreciable intangible asset under Section 32 of the Act.

Case Briefs Tribunals/Commissions/Regulatory Bodies

NCLAT affirms NCLT’s rejection of application for valuation queries post-resolution plan approval

In the instant matter, the NCLT rejected the application, noting the approval of the resolution by the Committee of Creditors and the absence of filing through an authorized representative.

fictional video against Rahul Gandhi on Black and white

Case Briefs Tribunals/Commissions/Regulatory Bodies

NBDSA directs Aaj Tak to remove fictional video against Rahul Gandhi aired on Black and White show

The depiction of a robber and its imputation concerning Rahul Gandhi’s conviction, was not in good taste and should have been avoided and the broadcaster should be careful while airing such fictional videos in future.

Case Briefs Tribunals/Commissions/Regulatory Bodies

Explained |Ashneer Grover seeks waiver of conditions under Companies Act to pursue case against BharatPe; NCLT issues notice

The NCLT issued a notice and sought BharatPe’s response and fixed the next date of hearing on 04-04-2024.

Case Briefs Tribunals/Commissions/Regulatory Bodies

SEBI holds Guest Experts in violation of SEBI Regulations for Insider Trading nexus in stock recommendations on Zee Business

SEBI’s crackdown reveals guest experts’ violations in insider trading nexus on Zee Business, signaling a breach of regulatory standards. The investigation highlights a sophisticated network exploiting advance information for illicit gains, prompting stringent regulatory action.

Case Briefs Tribunals/Commissions/Regulatory Bodies

Explained | Why Election Commission recognized Ajit Pawar faction for NCP symbol

ECI raised concerns that “A majority of symbol disputes cases which come before the Commission under Paragraph 15 of the Symbols Order show that political parties are either not holding regular organizational elections, or not holding them as per Party Constitution.”

Case Briefs Tribunals/Commissions/Regulatory Bodies

NCLAT affirms Committee of Creditors’ authority to opt for liquidation under Section 33(2) of the IBC; sets aside show cause notice

The NCLAT held that the CoC had the jurisdiction to decide on liquidation as per Section 33(2) and its explanation, even before completing all steps for resolution.