Delhi HC Seeks 24x7 Traffic Signals for Night Safety
Delhi High Court asks authorities to consider round-the-clock traffic signals for late-night gig workers. Committee to review PIL plea within 2 months. Read for details.
Category : Search result: bankruptcy litigation
When Amitabh Bachchan Called Director Asking for Work
Director Suneel Darshan reveals how Amitabh Bachchan personally called him for a role during his 90s financial crisis and worked punishing double shifts for the film Ek Rishta. Read the inspiring story.
CJI Surya Kant Focuses on Affordable, Timely Justice for All
Chief Justice of India Surya Kant, at the Hindustan Times Leadership Summit, pledged to reduce litigation costs and set reasonable case timelines to make the Supreme Court accessible to every citizen. Read his full vision for judicial reform.
Rajasthan HC upholds Padmesh Mishra's AAG appointment
Rajasthan High Court dismisses appeal against Padmesh Mishra's AAG appointment, stating state litigation policy lacks statutory force and appointment was not arbitrary. Read the full details.
India's Drug Patent Wars: Need for Special Courts?
A recent Delhi High Court order in the Novo Nordisk vs Dr Reddy's case highlights the complexities of Indian patent litigation. We examine the system's challenges and the push for specialized IP courts.
HC Directs Kolhapur Civic Bodies to File Road Work Reports
Bombay HC's Kolhapur bench mandates regular compliance reports from KMC & ZP on road construction. First report due Dec 11. Details on quality, timeline, and public disturbance.
Canacol Energy in Debt Talks as Cash Reserves Dwindle
Colombia's top private gas producer, Canacol Energy, negotiates emergency financing to restructure debt as output declines. Will creditors agree? Full details inside.
Madras HC Orders TN Govt to Stop Use of Children for Begging
Madras High Court directs Tamil Nadu government to formulate steps against child begging, probing if kids are trafficked or drugged. Read the full story.
Shilo Sanders Faces $250K NIL Transfer Allegations in Bankruptcy
NFL free agent Shilo Sanders, son of Deion Sanders, faces allegations of unauthorized $250,000 transfers from NIL deals amid Chapter 7 bankruptcy. His attorney disputes the claims, setting a potential precedent for athlete finances.
Court fines petitioner Rs 1 lakh in Khargone dog assault PIL
The Indore bench of MP High Court dismissed a PIL on a police assault case over a missing dog, imposing a Rs 1 lakh fine for 'ulterior motives'. Read the full details of the court's order.
Bronx Affordable Housing Project Files Chapter 11 Bankruptcy
Dynamic Star LLC, owner of Bronx's Fordham Landing, files Chapter 11 to halt foreclosure. $55M state funding for 900 affordable units now under review. Read the latest on this major NYC housing development.
HC fines Maharashtra ₹25L for 'misconceived' Tata Com litigation
Bombay High Court criticises Maharashtra govt for 'inequitable' claim against Tata Communications, quashes ₹26 crore demand. Court imposes ₹25 lakh cost for 'avoidable' decade-long litigation.
HC's 72-hr ultimatum to clear RIMS encroachments
Jharkhand High Court orders Ranchi administration to remove all encroachments from RIMS within 72 hours. Failure may lead to contempt charges. Next hearing on Dec 11.
HC Seeks Report on 'Open Drug Sale' Graffiti in Bathinda
Punjab & Haryana High Court takes suo motu cognizance of graffiti announcing open drug sale in Maur Kalan village. Court seeks report from Punjab Chief Secretary, treats case as PIL. Details inside.
HC Seeks Proof on Valmiki 'Dacoit' Claim in TV Show
Punjab and Haryana High Court questions petitioner over historical basis for PIL against Aaj Tak's Valmiki portrayal. Court asks: 'What is the history?' Read the details.
HC to Punjab DCs: Impose prohibitory orders only in urgent cases
Punjab & Haryana High Court directs deputy commissioners to strictly follow Section 163 BNSS, use prohibitory powers only for urgent nuisance or danger. Read the full court order details.
iRobot's $191M Debt Sold to Supplier Amid Bankruptcy Risk
Carlyle Group sells troubled iRobot loan to Chinese supplier Santrum. The Roomba maker warns of potential bankruptcy without new capital. Read the full analysis.
Ex-Corporator Warns of Bankruptcy for Bengaluru Civic Bodies
Former corporator N R Ramesh warns Bengaluru's GBA and new civic bodies risk bankruptcy, citing a revenue gap. Property tax collection stands at only Rs 4,500 crore. Read the full analysis.
Indore BRTS Removal: HC Sets 15-Day Deadline for IMC
MP High Court directs Indore Municipal Corporation to complete removal of one side of BRTS corridor within 15 days. A lawyers' committee will monitor progress. Details inside.
HC Orders Report on Roorkee Road Encroachment in 2 Weeks
Uttarakhand High Court directs Haridwar DM to submit a detailed action report on removing encroachments from a rural road in Nathukhedi, Roorkee, within two weeks. The next hearing is scheduled for July 15, 2024.
Realty IBC Reforms Pushed to Later Phase
Government to introduce corporate IBC amendments first, delaying structural reforms for homebuyers and stuck projects. Key changes for real estate require further consultation. #IBC #RealEstate
Anupam Kher: From Rs 400 to Rs 3 Crore Per Film
Anupam Kher reveals how he faced near bankruptcy with only Rs 400 in bank, mortgaged properties, and made remarkable comeback charging Rs 3 crore per film. Read his inspiring story.
Jaiprakash Gaur's Legacy Ends in Bankruptcy
At 94, Jaiprakash Gaur watches his life's work collapse as NCLT admits Jaiprakash Associates into insolvency. Read about his rags-to-riches story and ultimate downfall.
Financial creditors surpass operational creditors in IBC cases
India's insolvency code undergoes significant shift as financial creditors now dominate bankruptcy proceedings. Analysis reveals changing creditor behavior and recovery patterns under IBC framework since 2020 threshold change.
IBC Reforms: Biggest Changes in 9 Years Coming
India's Insolvency and Bankruptcy Code undergoes major reforms with cross-border insolvency and faster debt resolution. Parliament to consider revised bill in December session.
Nagpur Tree Protection PILs Merged by Bombay High Court
Nagpur Bench combines two environmental PILs addressing tree felling and concrete suffocation. Joint hearing in two weeks aims to strengthen urban green cover protection. Read the full story.
BDA to hire law firms to tackle 3,500+ legal cases
Bangalore Development Authority plans to empanel law firms to handle over 3,500 pending cases delaying key projects. New initiative aims to expedite legal processes.
J&K&L HC dismisses frivolous PIL as 'figment of imagination'
Jammu and Kashmir and Ladakh High Court dismisses PIL alleging police-drug mafia links, calling it 'grossly misconceived' and noting petitioner's mental health concerns. Read the full details.
SC Won't Monitor All Hate Speech, Points to Existing Laws
India's Supreme Court refuses to legislate or monitor every hate speech incident, directing petitioners to approach high courts and local authorities first. Key hearing set for December 9.
Karnataka HC Directs Release of Teachers' Withheld Salaries
Karnataka High Court mandates education department to release 4 teachers' salaries withheld for 19 months by Dec 4, with Rs 25,000 litigation cost penalty.
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