Delhi HC allows petition against denial of Green Card to a class of member by Delhi Gymkhana club [Read Order]
The Delhi High Court allowed the petition against denial of Green Card to a class of members by Delhi Gymkhana club. The present suit has been...
![Applicability of Notification on increased IBC threshold cannot be determined by NCLT Registrar: Delhi High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/Applicability-of-Notification-IBC-threshold-NCLT-Registrar-Delhi-High-Court-Taxscan.jpg "Applicability of Notification on increased IBC threshold cannot be determined by NCLT Registrar: Delhi High Court [Read Order]")
![NCLT orders Liquidation of dairy products firm Kwality Ltd. [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/NCLT-New-Delhi-orders-liquidation-dairy-products-firm-Kwality-Ltd.-Taxscan.jpg "NCLT orders Liquidation of dairy products firm Kwality Ltd. [Read Order]")
![Advance given by Real-Estate developer to Property Owner is Operational Debt under IBC: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/real-estate-developer-property-owner-operational-debt-IBC-NCLT-Mumbai-NCLT-Taxscan.jpeg "Advance given by Real-Estate developer to Property Owner is Operational Debt under IBC: NCLT [Read Order]")
MCA rules out out a blanket extension of Companies Fresh Start Scheme despite protests outside RoC [Read Circular]
The Ministry of Corporate Affairs (MCA) ruled out  a blanket extension of Companies Fresh Start Scheme despite protests outside the Registrar of Companies (RoC). The government notified the Scheme...
![MCA rules out out a blanket extension of Companies Fresh Start Scheme despite protests outside RoC [Read Circular]](https://www.taxscan.in/wp-content/uploads/2021/01/MCA-Companies-Fresh-Start-Scheme-RoC-Taxscan.jpg "MCA rules out out a blanket extension of Companies Fresh Start Scheme despite protests outside RoC [Read Circular]")
NCLT allows Josco Jewellers to cut down on authorised share capital from Rs. 120 crore to Rs.1 cr [Read Order]
The National Company Law Tribunal (NCLT), Kochi Bench allowed the Josco Jewellers Private Limited to cut down on authorised share capital from Rs. 120 crore to Rs.1 crore. The Petitioner Company,...
![NCLT allows Josco Jewellers to cut down on authorised share capital from Rs. 120 crore to Rs.1 cr [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/NCLT-Koci-Nebil-Nizar-NCLT-Josco-Jewellers-share-capital-Taxscan.jpg "NCLT allows Josco Jewellers to cut down on authorised share capital from Rs. 120 crore to Rs.1 cr [Read Order]")
NCLT allows Interlocutory Application to add Inkel Limited as Additional Corporate Debtor along with the Corporate Debor Seguro foundations [Read Order]
The National Company Law Tribunal (NCLT), Kerala allowed the Interlocutory Application under Section 9 of the Insolvency and Bankruptcy Code (&B Code) against M/s. Seguro Foundations and...
![NCLT allows Interlocutory Application to add Inkel Limited as Additional Corporate Debtor along with the Corporate Debor Seguro foundations [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/NCLT-Interlocutory-Application-Inkel-Limited-Additional-Corporate-Debtor-Corporate-Debor-Seguro-foundations-Taxscan.jpg "NCLT allows Interlocutory Application to add Inkel Limited as Additional Corporate Debtor along with the Corporate Debor Seguro foundations [Read Order]")
Delhi High Court directs Union Bank of India, IOB to maintain status quo in matter of Classification of Accounts of RCOM and its subsidiary as Fraudulent [Read Order]
The Delhi High Court has directed the two state-owned banks, Union Bank of India and Indian Overseas Bank to maintain the status quo in a matter pertaining to the classification of accounts of...
![Delhi High Court directs Union Bank of India, IOB to maintain status quo in matter of Classification of Accounts of RCOM and its subsidiary as Fraudulent [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/Delhi-High-Court-Union-Bank-of-India-IOB-status-quo-Classification-of-Accounts-of-RCOM-Fraudulent-RCOM-Anil-D-Ambani-Taxscan.jpg "Delhi High Court directs Union Bank of India, IOB to maintain status quo in matter of Classification of Accounts of RCOM and its subsidiary as Fraudulent [Read Order]")
Allahabad High Court refuses to grant Bail to MD of Amrapali Group in connection with a Multi-crore Scam [Read Order]
The Allahabad High Court refused to grant bail to the Managing director, Anil Kumar Sharma in connection with a multi-crore scam The applicant filed the bail application who is Managing Director...
Benefit of amendment regarding payment of balance consideration within 90 days to the highest bidder can’t be granted retrospectively: NCLT [Read Order]
The National Company Law Tribunal (NCLT) held that the benefit of the amendment under Clause 12 of Schedule-I of the Liquidation Regulation can not be granted retrospectively. The Applicant, Mr....
![Benefit of amendment regarding payment of balance consideration within 90 days to the highest bidder can’t be granted retrospectively: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/amendment-balance-consideration-bidder-NCLT-Taxscan.jpg "Benefit of amendment regarding payment of balance consideration within 90 days to the highest bidder can’t be granted retrospectively: NCLT [Read Order]")