Legal 60

₹40,000 Payment Revives Limitation Period, NCLAT Upholds Insolvency Petition Introduction The National Company Law Appellate Tribunal (NCLAT) has held that a payment of ₹40,000 effectively revived the limitation period and validated the claim raised by the operational creditors under the Insolvency and Bankruptcy Code (IBC). Factual Background The operational creditors had filed an application under

Pinsent Masons advised IFC on $160 million blue finance investment in Mongolia The global law firm, Pinsent Masons, has advised the International Finance Corporation (IFC) on its $160 million investment into Mongolia, aimed at delivering long-term benefits for communities and ecosystems across the country. IFC is partnering with Golomt Bank to deliver Mongolia’s first ‘blue’

Cyril Amarchand Mangaldas advised Hafele Holding GmbH and Singularity Group on strategic investment in Isler Infra India Private Limited The leading law firm in India, Cyril Amarchand Mangaldas, acted as legal counsel to Hafele Holding GmbH in connection with its strategic financial investment, and to Singularity Group (along with other investors) in connection with its

Sonal Basu appointed Senior Vice President & General Counsel at Ascendion Ascendion appointed Sonal Basu as Senior Vice President & General Counsel, bringing nearly two decades of experience in the information technology sector and strategic legal leadership. Basu provided counsel across multiple organizations, including serving as General Counsel at Lloyds Technology Centre India and Vice

Attreyi Mukherjee appointed Vice President & Head Legal (EV Business) at Mahindra & Mahindra Mahindra & Mahindra appointed Attreyi Mukherjee as Vice President & Head Legal for its Electric Vehicle (EV) Business. Mukherjee brought extensive experience from her previous roles across the Tata Group and leading law firms. She served as General Counsel at Tata

ITAT’s Landmark Ruling on Interest Income Earned from Fixed Deposits and Its Impact on Pre-Operative Business Expense Set-Off Businesses Can Legally Set Off Interest Income from Fixed Deposits Against Pre-Operative Expenses According to ITAT The Panaji Bench of the Income Tax Appellate Tribunal recently delivered a significant ruling favouring the assessee, Shirguppi Sugar Works, regarding

Murder Conviction Cannot Rest Solely on a Dying Declaration with Infirmities: In Tarun Sharma v. State of Haryana, the Supreme Court acquitted the accused by ruling that a dying declaration riddled with infirmities (such as lack of medical certification, contradictions, and procedural lapses) cannot by itself sustain a murder conviction. (September 01, 2025) Delhi High

In a significant decision clarifying the law on “pay and recover” liability and due diligence obligations of vehicle owners, the Supreme Court in Hind Samachar Ltd. v. National Insurance Company Ltd. set aside a High Court order that had permitted an insurer to recover compensation from the vehicle owner on the ground that the driver’s

                                                                It is entirely in order and so also in the fitness of things that the Aurangabad Bench of the Bombay High Court in a

                                          It is absolutely most pragmatic and entirely in order that the Jammu and Kashmir and Ladakh High Court at Jammu in a most learned, laudable, landmark, logical and latest judgment titled X vs Y