Delay in disposal of Criminal Complaint - Section 138 of N.I. Act After the amendment in N.I. Act was brought in the year 1988, making the bouncing of cheques as punishable offence, it was thought by the law framers that the commerci ..
Public Private Partnership (PPP) Contract: Infrastructure development projects in the past were thought of as a way of providing infrastructure at no extra cost to the public. For this reason the projects used to be generally investigated, designed ..
The highlights of above ruling are as under:- (a) Actions taken by the secured creditor u/s 13(4) (e.g. notice of possession) are open to scrutiny u/s 17. Such actions can not only be set aside but even status quo ante can be restored by the D ..
Before declaring NPAs, Bankers have numerous duties to perform including rehabilitation not only once but multiple times Important Information for Borrowers and their advocates Our Associate and Banking Expert has drawn attention to the ..
Opening of an Escrow Account for FDI Transactions:- Introduction: Escrow is derived from the old Fre ..
LML PIAGGIO CASE Ankit Rajgarhia[1] Yamini Khurana[2] INTRODUCTION The case study focuses on the breakup of the joint venture agreement between LML Ltd., and the Italian automobile major, Piaggio. The case deals with the various developments that ..
Recovery of Dues from the State under DRT proceedings An important issue came up before Honble Guwahi High Court in the matter of State of Nagaland and others v/s. UCO Bank & others [AIR 2004 Guwahati 150]. In this case the main issue ..
ANTI DILUTION PROTECTION Yamini Khurana[1] Ankit Rajgarhia[2] INTRODUCTION It is not uncommon for private equity or venture capital backed portfolio companies to raise multiple rounds of financing to fund the growth of their businesses. These ..
LML PIAGGIO CASE Ankit Rajgarhia[1] Yamini Khurana[2] INTRODUCTION The case study focuses on the breakup of the joint venture agreement between LML Ltd., and the Italian automobile major, Piaggio. The case deals with the various developments that ..
1. Introduction Recently, a 2 judge bench of honble Supreme Court in Sita Ram Gupta Vs. Punjab National Bank and Ors {(2008) 5 SCC 711, Appeal (civil) 1878 of 2008, Date of judgment: 10/03/2008} held as follows (in para 8): 8&hell ..
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