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Supreme Court Decides: Resolution Applicant Eligibility Cut-Off Date Under S.240A Tied to Resolution Plan Submission, Not CIRP Initiation

In a pivotal ruling, the Supreme Court has clarified that, according to Section 240A of the Insolvency and Bankruptcy Code, the decisive date for determining the eligibility of a resolution applicant to submit a resolution plan is the date of submission of the plan, not the initiation date of the Corporate Insolvency Resolution Process (CIRP). …

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Supreme Court Emphasizes Criticality of Timely FIRs, Acquits Accused in Landmark Judgment

In a groundbreaking decision, the Supreme Court has acquitted an individual convicted by the Madras High Court under Section 304 of the IPC, asserting that the prosecution failed to establish the accusations beyond a reasonable doubt. The Court, comprising Justices BR Gavai, Dipankar Datta, and Aravind Kumar, emphasized the importance of credible evidence and highlighted …

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Landmark Decision: Promoters Cleared to Submit Resolution Plans Despite MSME Registration Post CIRP Kickoff

In a groundbreaking ruling, the Supreme Court has paved the way for Corporate Debtor promoters to submit resolution plans, even if the entity was registered as a Micro, Small, and Medium Enterprise (MSME) after the initiation of the Corporate Insolvency Resolution Process (CIRP). The court overturned a National Company Law Appellate Tribunal (NCLAT) order that …

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Judicial Jolt: Supreme Court Alarmed as Advocate Declines High Court Battle, Contempt Notice Issued

In a stunning courtroom development, the Supreme Court, on December 1, expressed its astonishment when an advocate refused to present arguments before the Allahabad High Court during a criminal appeal. The case revolves around the conviction of the accused under various sections of the Indian Penal Code, 1860. Seeking relief, the appellants had approached the …

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Landmark Decision: New York’s High Court Overturns Congressional Map, Opening Path for Democrats to Redraw for 2024 Advantage

In a groundbreaking move, New York’s highest court has invalidated the existing congressional map, setting the stage for a potential Democratic overhaul that could significantly influence the outcome of the 2024 elections. The decision, reached by a narrow 4-3 margin, empowers the Democratic-controlled legislature to initiate the creation of a new map, with the potential …

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Landmark FCC Decision to Redefine Lead Generation Sparks Anticipation of Surge in Litigation

On the eve of a pivotal vote, the Federal Communications Commission (FCC) is poised to overhaul the landscape of lead generation, triggering expectations of an imminent surge in legal battles targeting lenders, insurers, and law firms accused of inundating consumers with unwarranted texts and calls. The proposed rule, meticulously crafted to curtail the deluge of …

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Former Georgia Election Worker Testifies: Life in Turmoil Amid Baseless Election Fraud Accusations

In the heart of the nation’s capital, the echoes of a tumultuous episode reverberate as Wandrea “Shaye” Moss, once a vital cog in Georgia’s Elections Department machinery, stepped onto the stage of a courtroom to share the harrowing tale of her life being upended by unfounded claims of election fraud. The drama unfolded during the …

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 Epic Triumph: Legal Blow to Google’s Dominance as Jury Finds App Store Rules Violate Antitrust Laws

In a significant legal battle, Epic Games, the creator of the popular game Fortnite, emerged victorious in a major antitrust trial against tech giant Google. A federal jury in San Francisco delivered a swift verdict, stating that Google’s stringent controls over its Play store constituted an illegal monopoly, violating U.S. competition laws. The ruling exposed …

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Supreme Court Mandates NALSA to Draft Blueprint for Enforcing Amended Motor Vehicles Act

In a decisive move, the Supreme Court has instructed the National Legal Services Authority (NALSA) to architect a comprehensive plan for executing the revised Motor Vehicles Act and the Central Motor Vehicles Rules. Rendered by a bench presided over by Justice J K Maheshwari and Justice K V Viswanathan, this directive transpired during proceedings concerning …

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