Legally Bharat

GST tribunals likely to take six more months to begin operations, ET LegalWorld

The goods and services tax tribunals (GSTAT) could take another six months to get operational, with many states yet to appoint members or allocate buildings for the offices. Also Read: Delhi-NCR weather: Dense fog covers national capital as temperature drops to 7 degree Celsius; Train, flight operations impactedThe tribunals were expected to start functioning from […]

The govt needs to prioritize Tribunals functioning to alleviate judicial backlog, ET LegalWorld

Reforming the Tribunal system in India is crucial to tackling one of the country’s most pressing challenges: the judicial backlog. Over the years, statutory tribunals were established to provide specialized forums for the swift resolution of specific types of cases. However, the expected benefits of tribunalization remain unrealized. Tribunals such as the National Company Law […]

SC issues notice to Centre over vacancies in Debt Recovery Tribunals, ET LegalWorld

The Supreme Court on Monday issued notices to the Ministry of Finance on a PIL highlighting critical vacancies in Debt Recovery Tribunals (DRTs) across India. A bench comprising Chief Justice Sanjiv Khanna and Justice Sanjay Kumar heard the submissions of senior advocate KB Sounder Rajan along with lawyer Sudarshan Rajan, appearing for PIL petitioner Nischay […]

NCLAT upholds tribunal’s order of Sarda Energy’s acquisition of SKS Power Generation, ET LegalWorld

The National Company Law Appellate Tribunal (NCLAT) has upheld the tribunal’s order to approve the SKS Power Generation (Chattisgarh) Ltd’s acquisition by BSE-listed Sarda Energy & Minerals Ltd (SEML). The unsuccessful bidders of SKS Power Generation (Chattisgarh) including Torrent Power Ltd, Jindal Power Ltd and Vantage Point Asset Management Pte. had approached the appellate tribunal […]