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India's Power Sector achieves record 250 GW demand on 30th May (See 'Corp Brief')

IBC - Petitioners should submit proposal and Restructuring Plan to bank as per RBI Guidelines : HC (See 'Legal Desk')

Technology Development Board okays support for M/s Midwest Advanced Materials for sustainable magnet production (See 'Corp Brief')

IBC - Statutory dues owed to MCD by petitioner prior to date on which resolution plan is approved cannot be demanded : HC (See 'Legal Desk')

Companies Act - Appropriate civil court should be approched for adjudication of claim on deficiencies in services keeping adjudication on winding up petition pending : HC (See 'Legal Desk')

Mines Ministry organizes workshop on Granites and Marble Mining (See 'Corp Brief')

Companies Act - Company in liquidation can be dissolved as no assets/property/fund is available in account of company : HC (See 'Legal Desk')

Health Secretary holds bilateral meeting with Global Fund (See 'Corp Brief')

Limitation Act - Section 15(3) applies only to cases where execution petition is instituted by receiver, liquidator or provisional liquidator and appellant does not fall in any one of these categories : HC (See 'Legal Desk')

India reiterates importance of advancing collaboration within BRICS countries in nuclear medicine (See 'Corp Brief')

PMLA -Proceedings under PMLA can not sustain after acquittal of accused in predicate offence : HC (See 'Legal Desk')

PFC receives 'CSR Champion Award' (See 'Corp Brief')

Companies Act - Decision to transfer matter to NCLT is matter of jurisdiction of Court, which transfer can be effected suo moto by Court : HC (See 'Legal Desk')

REC wins 'Sustainability Champion - Editor's Choice Award' (See 'Corp Brief')

Companies Act - Winding up proceedings pending before High Court, which is at nascent stage and have not progressed to advanced stage, can to be transferred to NCLT : HC (See 'Legal Desk')

SARFAESI Act - Court will not entertain petition as Petitioner has alternate efficacious remedy of approaching DRAT for challenging impugned judgment : HC (See 'Legal Desk')

Thousands of yoga enthusiasts participate in 'Yoga Mahotsav' event in Bodh Gaya (See 'Corp Brief')

PMLA - Appellant is only assignee of debt and their rights are otherwise protected under Act : TRIBUNAL (See 'Legal Desk')

PESB recommends Ajay Kumar Sharma as Director (P) of SJVN (See 'Corp Brief')

SEBI Act - In order to ensure running of day to day business of appellants direction to submit draft proposal and its hearing is important : SAT (See 'Legal Desk')

SAMEER exchanges MoU on MRI and technology transfer of Linear Accelerator with industry (See 'Corp Brief')

Limitation Act - Petitioner failed to establish sufficient cause, ADJ rightly dismissed application and consequently review petition : HC (See 'Legal Desk')

Central Council for Research in Ayurvedic Sciences to Launches PRAGATI-2024 (See 'Corp Brief')

Companies Act - IFCI is accountable and liable to make payment to third party objector and amount should be refunded along with interest : HC (See 'Legal Desk')

Ministry of Ayush to organize Sensitization Program for General Insurance Companies (See 'Corp Brief')

Competition Act - Since facts and circumstances do not involve any competition issue, resultantly, does not warrant scrutiny under Competition Act : CCI (See 'Legal Desk')

NTPC Group Electricity Generation up by 6%, PAT up by 25% (See 'Corp Brief')

Arbitration Act - Entire dispute ought to be referred to Sole Arbitrator with seat and venue at Delhi and not at Singapore : HC (See 'Legal Desk')

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