Sachin Jain Vs Serious Fraud Investigation Office

Whether in absence of any live link between direct benefit & serious fraud furnished by the SFIO during the discovery stage, the accused cannot be denied bail on the basis of embargo contained u/s 212(6) of the Companies Act, 2013 if all other bail essentials remains fulfilled - YES: HC

- Application allowed: DELHI HIGH COURT

Edelweiss Asset Reconstruction Company Ltd Vs Sai Regency Power Corporation Pvt Ltd

Whether if individual creditor's decision has not been accepted by the CoC, such individual wisdom cannot be elevated to the level of collective wisdom of the Committee to scuttle the entire process of insolvency resolution process - YES: NCLAT

- Appeal dismissed: NCLAT

Syndicate Bank Vs Directorate of Enforcement

Whether a property unacquired from proceeds of crime on which the bank has recovered a recovery certificate in pursuance to the rights flowing from the SARFAESI Act cannot be subjected to an attachment order - YES: Tribunal

Whether unless a party has exhausted its remedies in appeal right up to the High Court, an order confirming the attachment cannot be said to have attained finality - YES: Tribunal

Whether the claim of ED with respect to the mortgaged property which has been subjected to attachment is restricted to the aggregate value of such property as exceeds the claim of the mortgagee - YES: Tribunal

- Appeal allowed: PMLA

AI, machine learing to contribute USD 1 Tn to economy by 2035: Goyal

Aerial Survey - Portal launched for taking NOC from MoD

HLC approves over Rs 5,908 Cr of aid to 7 States

TOG

Goyal urges SMEs to churn out world-class products

NHAI launches drive to remove speed breakers on highways