outstanding amount Archives

Dart Properties (P) Ltd. files for execution of Conciliated Agreement with Cinema Ventures (P) Ltd. for payment of outstanding amount; Delhi HC issues notice

“The protection of moratorium will not be available to the directors/officers of Cinema Ventures (P) Ltd. and execution proceedings can be filed against them.”

national consumer disputes redressal commission

Case Briefs Tribunals/Commissions/Regulatory Bodies

Loan settled but account frozen for outstanding amount; NCDRC directs HSBC to pay compensation of Rs 15 lakhs for deficiency in services

NCDRC held the HSBC officials negligent and deficient in service entitling the complainants to compensation for unwarranted humiliation, embarrassment and loss of reputation.

Case Briefs High Courts

Ker HC | Adverse economic situation is a ground under unforeseen circumstances; petition allowed for making monthly payments instead of lump sum amount

Kerala High Court: Shaji P. Chaly, J. allowed the writ petition for the payment of the balance outstanding amount on the ground

Case Briefs Tribunals/Commissions/Regulatory Bodies

INX News Pvt. Ltd. directed to pay outstanding dues of Rs 95.76 lakh to Manthan Broadband Services Pvt. Ltd.

Telecom Disputes Settlement and Appellate Tribunal (TDSAT): While allowing a petition filed by Multi System Operator/ Cable Operator Manthan Broadband Services Pvt.