Category Archives: News

Trump adds five judges to Supreme Court nominees list

The most notable new name, Kavanaugh is a judge in the US Court of Appeals for the District of Columbia, reports Xinhua news agencgy.Kavanaugh, 52, is a conservative, like Justice Neil Gorsuch of Colorado who was confirmed to the high court in April.The other potential

Supreme Court Dismisses Kamini Jaiswal’s Petition

The Supreme Court today rejected a separate petition filed by lawyer Kamini Jaiswal for a court-monitored probe into allegations of bribes sought to influence cases in the apex court. The top court decided not to initiate contempt proceedings but said that petitioners indulged in “forum

IRP Nod Must For Recovering Money From Defaulter’s Bank Account: NCLAT

The National Company Law Appellate Tribunal (NCLAT) has said financial creditors cannot recover any amount from a defaulter’s bank account without the nod of the Interim Resolution Professional (IRP) during the corporate insolvency resolution process. Declining relief to the Indian Overseas Bank (IOB) against Amtek Auto Ltd.’s IRP

Government Committee To Review New Insolvency Code

The government has constituted an Insolvency Law Committee to take stock of the functioning and implementation of the new Insolvency and Bankruptcy Code (IBC). The committee, comprising 14 members, will identify issues that may be impacting the efficiency of the corporate insolvency resolution regime, said