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News: Civil

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  • Mere asking of statement/ ledger from operational creditor, not admission of claim: NCLT Indore
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27/02/2023, 3 months ago

Mere asking of statement/ ledger from operational creditor, not admission of claim: NCLT Indore

The National Company Law Tribunal (Indore),  in the case of Oswal Pumps Limited v Bhopal Tractors Private Limited, held that “ if a Corporate Debtor merely requests statements or ledger from the Operational Creditor for verification, then the such act would not amount to an admission of claim and would not renew the limitation period.” […]

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23/02/2023, 3 months ago

NSE to Launch Social Stock Exchange: SEBI Affirms

“To bring in awareness, we have been conducting various events and hand-holding social enterprises currently at various stages of onboarding on the exchange,” NSE MD and CEO Ashishkumar Chauhan said. On Thursday, SEBI gave its final approval to NSEA for launching Social Stock Exchange Exchange (SSE), as a separate segment on its platform.  The Social […]

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17/02/2023, 3 months ago

Consumer forum declares Railways refund rule for waitlisted passengers “unfair’

In the case of the Union of India vs Amandeep Singh, the Chandigarh Consumer Forum states that refunds for waitlisted were only obtained if they cancelled before 30 minutes of train departure, this rule is not fair and not in the favour of the consumer and result in unnecessary loss.  The order stated “The appellants […]

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15/02/2023, 3 months ago

Consumer Protection Act Complaints Cannot be Rejected Based on Consumer’s Prior Knowledge of Purchase : SC

Consumer protection act 1986 gives the right to consumers to get remedies for the supply of defective goods and products by companies. But what if the court rejects your complaint application by stating that you should be beware of the goods that you are purchasing? Recently in the case of Debashis Sinha and Others v. […]

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14/02/2023, 4 months ago

Allahabad High Court Imposes Cost on Petitioners Objecting Hindu-Muslim Property Sale

“The sovereignty of scriptures of all religion must come to an end if we want to have a united integrated modern India.”– Dr. B.R Ambedkar  In the case of Farhan Tasaddukhussain Barodawala v. Onali Ezazuddin Dholkawal, Allahabad High Court imposed cost of rupees 25,000 on petitioners who were objecting on the fact that how a […]

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11/02/2023, 4 months ago

Delhi High Court restrains Parle from using ‘FABIO’ or ‘FAB!O’ mark

The Delhi High Court prohibited Parle, a food processing company, from selling its vanilla cream-filled chocolate sandwich biscuits under the packaging label ‘FABIO’ or ‘FAB!O’ due to its close resemblance and misleading similarity to the ‘OREO’ biscuits. “This injunction shall also apply to stocks presently in the defendant‘s possession and as yet uncleared, though it […]

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