SEBI Bars Rhine and Raavi Directors for Five Years Over Illegal Fund Mobilization Introduction The Securities and Exchange Board of India (SEBI) initiated proceedings against Rhine and Raavi Credits and Holdings Limited (RRCHL) and its directors for issuing Secured Non-Convertible Debentures (NCDs
Insolvency Battle Ends: byju's and Surfer Technologies Reach Agreement Introduction In a significant development in the tech sector, Byju has successfully settled an insolvency dispute with its creditor, Surfer Technologies. The resolution marks the end of a contentious battle, ensuring s
Landmark Ruling: Supreme Court Enforces Financial Independence for Wives Introduction The Supreme Court of India has decided in a historic decision that upholds the values of social justice and gender equality that husbands are obligated to provide for their wives who do not have independe
NCLAT Upholds Adani Goodhomes' Takeover of Radius Estates, Dismissing Creditor Challenges Introduction The National Company Law Appellate Tribunal (NCLAT) has upheld Adani Goodhomes' resolution plan to take over the bankrupt real estate company Radius Estates. This decision, rendered on Monday, re
Supreme Court Affirms Maintenance Rights for Muslim Women Under Section 125 CrPC Introduction The Supreme Court of India held in a historic decision that Muslim women can use Section 125 of the Code of Criminal Procedure (CrPC) to ask their husbands for maintenance. This ruling addresses the comp
Reverse CIRP: A Lifeline for Homebuyers in Troubled Real Estate Projects REVERSE CARP Reverse CIRP is a judicial innovation aimed at protecting the interests of homebuyers in the real estate sector. This sector shows an evident increase in defaults and delays by real estate companies an
NEET-UG 2024 Controversy: A Comprehensive Timeline of Key Events and Legal Proceedings Introduction In the ongoing NEET-UG 2024 controversy, the Supreme Court addresses allegations of paper leaks and malpractices. The Court has issued notices to the Centre and the National Testing Agency (
Calcutta High Court Informed: Aadhaar Cards Can Be Issued to Non-Citizens, Says UIDAI Introduction The Unique Identification Authority of India (UIDAI) has made a historic statement in front of the Calcutta High Court, stating that the Aadhaar card is not a citizenship document and can be issued t
