Interest-Free Security Deposit in Lease Agreements: Operational Debt or Not?
Corob India Pvt Ltd v. Mr. Birendra Kumar Agrawal & Anr.[1] Introduction: The Hon’ble NCLAT in a significant ruling, addressed the issue that has taken place recently which revolves around the matter of Corob India Pvt.
Interest cannot be admitted in claim filing on the basis of the MSMED Act, 2006, if no interest clause in the Agreement on the delayed payment. NCLT is not appropriate Forum to consider the issue pertaining to the interest under Section 16 of the MSMED Act
The Hon’ble NATIONAL COMPANY LAW APPELLATE TRIBUNALPrincipal Bench, New Delhi, comprising of Mr. Justice Ashok Bhushan (Chairperson) and Mr. Barun Mitra (Technical Member), in a recent appeal in the matter of Vedic Projects Pvt. Ltd.
Navigating Prosecution and Limitation under FSSA: Key Takeaways from M/S Kewal Dairy vs State of U.P. and Another (Allahabad High Court)
Facts of the Case: The case arose from an incident where a milk sample was collected on November 24, 2017, by a Food Safety Officer (FSO) from the premises of the applicant, M/S Kewal Dairy.
Supreme Court Clarifies Law on Specific Performance and Bona Fide Purchasers
In a pivotal decision, the Hon’ble Supreme Court of India upheld the Hon’ble Punjab and Haryana High Court’s ruling in the long-running legal battle of Manjit Singh & Anr. v. Darshana Devi & Ors. The
Strengthening India’s Digital Frontiers: Key Insights into the Telecom Cyber Security Rules 2024
In a world increasingly reliant on telecommunications, the Telecommunications (Telecom Cyber Security) Rules, 2024, emerge as a cornerstone of India’s efforts to bolster its digital infrastructure. Issued under the Telecommunication Act, 2023, these rules provide
Mandatory Registration of Foreign Food Manufacturing Facilities: Origins and Detailed Instructions from FSSAI and CBIC
The Ministry of Finance, in collaboration with the Food Safety and Standards Authority of India (FSSAI), has laid out comprehensive guidelines to implement the mandatory registration of Foreign Food Manufacturing Facilities (FFMF) under the Food
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