Final Approval of Resolution Plan Extinguishes All Prior Claims
The National Sewing Thread Company Limited v. Deputy Commissioner of Income Tax (2024 DHC 4771-DB).
July 9, 2024
The National Sewing Thread Company Limited v. Deputy Commissioner of Income Tax (2024 DHC 4771-DB).
Archana Singh Gautam vs. State of U.P. and Another [2024: AHC:102434]
Further provisions of the Telecommunications Act, 2023, have come into effect on July 5, as per a recent notification of the Ministry of Communications.
The RBI has implemented substantial changes to its Master Directions on Priority Sector Lending (PSL), impacting all Commercial Banks.
Amendment to Master Direction – Reserve Bank of India (Interest Rate on Deposits) Directions, 2016’ [RBI/2024-25/40 DoR.SPE.REC. No. 24/13.03.00/2024-2025].
SEBI has recently amended the SEBI (Foreign Portfolio Investors) Regulations, 2019, through the SEBI (Foreign Portfolio Investors) (Amendment) Regulations, 2024.
MIB has revised its advisory on self-declaration certificates for advertisements, restricting its applicability solely to products and services related to food and health sectors.
The RBI has revoked the license of Purvanchal Co-operative Bank, located in Ghazipur, Uttar Pradesh, due to inadequate capital and poor earning prospects.
IRB Infrastructure Developers witnessed a significant block deal on June 11, resulting in a considerable dip in its stock price.
SEBI has imposed penalties totaling Rs 35 lakh on OP Jindal Group’s Hexa Tradex Ltd. and its affiliates for multiple breaches of delisting norms and other disclosure obligations.
The Bar Council of India does not permit advertisement or solicitation by advocates in any form or manner.
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