Blog Posts

APPROVAL OF RESOLUTION PLAN BY CoC in Insolvency Process

February 22, 2020

Resolution Plan Approval by COC in Insolvency RESOLUTION PLAN A resolution plan is a proposed plan to solve the problem of a corporate debtor to pay off debts. A resolution plan must comply with the requirements of the Insolvency and Bankruptcy Code. It needs to be proposed by the resolution applicant and passed by the…
DELAY IN FIR CAN LEAD TO SUSPENSION OF SHO

February 17, 2020

The latterly case of horrifying gang-rape and murder of a young doctor in Hyderabad is one such appalling example where the police personnel delayed in filing the FIR. As the protest over the barbaric crime range on the Telangana Police continued three police personnel were suspended for delay in filing the FIR. Delay in filing…
CIVIL SUIT FOR TERMINATION OF SERVICES INDIA

February 15, 2020

The Industrial Dispute Act uses the term “retrenchment” instead of “termination”. Retrenchment is defined as termination for any reason except as punishment inflicted by way of disciplinary action, retirement/superannuation, termination for continued ill-health, or expiry and non-renewal of the term of an employment contract. Reasons for retrenchment could be redundancy, non-performance, or loss of confidence…
Sunny Enclave Builder Declared Proclaimed Offender in Cheque Bounce Case

February 14, 2020

Jarnail Singh Bajwa, the managing director of Sunny Enclave, promoted by Bajwa Developers Ltd. which is an infrastructure development company was declared a proclaimed offender or PO in six cases of cheque bounce amounting to over Rs. 1.94 Crore. According to the Negotiable Instruments Act, 1881, cheque bouncing is a criminal offence punishable under the…
GMADA ordered to Refund for Delay in Possession (Purab Apartments Scheme)

February 13, 2020

GMADA to refund money to two Allottees over delay in possession. It seems that GMADA has not been able to keep its promises since the date of announcement of Purab Premium Apartments scheme. Be it consumer courts or petition in high court the complaints are being filed on regular basis on the matter pertaining to…