SC dismisses application in Hindenburg-Adani group matter, ET LegalWorld
The Supreme Court on Monday dismissed an application filed by a lawyer, challenging the apex court’s Registrar order of August 5, 2024, which had declined to register his previous application related to the Hindenburg-AdGroup matter. A bench headed by Justice JB Pardiwala rejected the application filed by advocate Vishal Tiwari. The application rejected by the […]
CCI dismisses Honda dealership dispute case, ET LegalWorld
The Competition Commission of India while dismissing a plaint against Honda Motorcycle & Scooter India Pvt. Ltd held that commercial disputes and transactional issues arising out of the agreement do not fall within the purview of the Competition Act. The matter was filed against Honda Motorcycle under Section 19(1)(a) of the Competition Act, 2002 alleging […]
CCI dismisses abuse of dominance complaint against Honda Motorcycle & Scooter India, ET LegalWorld
The Competition Commission of India (CCI) has dismissed a complaint alleging that Honda Motorcycle & Scooter India abused its dominant position in its dealings with a Kerala-based individual. Honda Motorcycle & Scooter India Pvt Ltd (HMSI) is a subsidiary of Japan’s Honda Motor Co. Rejecting the complaint, the competition watchdog stated that the allegations of […]
NCLAT dismisses appeal to stay insolvency proceedings against Indrajit Power, ET LegalWorld
The National Company Law Appellate Tribunal (NCLAT) has dismissed a plea to stay the insolvency proceedings against debt-ridden thermal power producer Indrajit Power. The appellate tribunal said “no error has been committed” by the National Company Law Tribunal (NCLT), while admitting the plea to initiate insolvency proceedings against the Maharashtra-based company on February 1, 2024, […]
Bombay High Court dismisses election petition against Shiv Sena’s Ravindra Waikar, ET LegalWorld
On December 19, The Bombay High Court allowed the application filed by Ravindra Waikar of the Shiv Sena (Eknath Shinde) faction under Order VII Rule 11 of the Code of Civil Procedure, 1908 seeking rejection of the election petition filed by Amol Kirtikar, the Shiv Sena (UBT) faction and accordingly rejected the election petition. The […]
NCLT dismisses insolvency petition against Lasa Supergenerics, ET LegalWorld
The National Company Law Tribunal, Mumbai Bench, has dismissed the company petition seeking insolvency because the financial creditor withdrew it. The Financial Creditor sanctioned a One-Time Settlement on October 1, 2024, under which the corporate debtor paid the financial creditor the entire amount of OTS of US Dollar 21,61,700. The default amount involved in this […]
SC dismisses UP govt’s appeal against Allahabad HC’s Flipkart tax order, ET LegalWorld
The Supreme Court on Tuesday dismissed the Uttar Pradesh government’s appeal against a Allahabad High Court’s December order that quashed tax reassessment proceedings initiated after the limitation period against Flipkart India for Assessment Year 2012-13. A Bench comprising Justices J.B. Pardiwala and Justice R. Mahadevan said that that reassessments for 2012-13 which were concluded exparte […]
NCLAT dismisses plea seeking insolvency against Amazon Wholesale, ET LegalWorld
The National Company Law Appellate Tribunal (NCLAT) has set aside a petition seeking to initiate insolvency proceedings against Amazon Wholesale (India). A three-member NCLAT bench upheld the order passed by the National Company Law Tribunal (NCLT), which had in March this year dismissed the insolvency plea filed by Multiplier Brand Solutions. Multiplier Brand Solutions had […]
SC dismisses IT Department’s plea against Whirlpool, upholds Delhi HC ruling, ET LegalWorld
Whirlpool of India Limited has received a copy of the order passed by the Supreme Court wherein the Special Leave Petition led by the Income Tax Department was dismissed and the matter was decided in favour of the Company. The Income Tax authorities filed a Special Leave Petition with the Supreme Court challenging the Delhi […]
SC dismisses review plea by Vedanta against closure of copper smelting plant in Thoothukudi, ET LegalWorld
New Delhi: The Supreme Court has dismissed a review plea filed by Vedanta group against the closure of its copper smelting plant in Tamil Nadu’s Thoothukudi. The top court had on February 29 dismissed Vedanta’s plea for re-opening of its copper smelting plant in Thoothukudi, closed since May 2018 over pollution concerns, while underlining the […]