“State-owned Andhra Bank has dragged Housing Development & Infrastructure to the National Company Law Tribunal (NCLT) in an insolvency petition because the Mumbai-based real estate developer failed to pay back Rs 55 crore invested by the bank in the company's non-convertible debentures (NCDs),” reported The Economic Times

The Supreme Court directed the Punjab State Power Corporation (PSPCL) to pay Rs 1100 crores as refund to L&T subsidiary Nabha Power (NPL), relieving NPL from a potential loss of Rs 8000 crore over the next 22 years.

McDonald’s India has approached the Delhi high court seeking to enforce a 13 September London Court of International Arbitration (LCIA) partial award to appoint experts to value and sell estranged former managing director Vikram Bakshi's stake in the North and Eastern India local franchise of the fast food giant, reported Mint, the Economic Times and others.

NUJS Kolkata 2015 alumni Jay Sayta, who reports on India’s gambling laws on his website glaws.in, and The Wire, are facing E-Cool Gaming Solutions' criminal defamation case in far-flung Mizoram for Sayta's story reporting on a Comptroller and Auditor General (CAG) audit of the complainant, reported Medianama.

A Delhi district court today heard the appeal of publishing house Juggernaut against an order restraining it from publishing the book “Godman to Tycoon: The Untold Story of Baba Ramdev”.

Service tax law firm JK Mittal & Co's founder JK Mittal won an order in the Delhi high court exempting lawyers from government action in case of non-observance of the Integrated Goods and Services Tax Act 2017, reported News18.

“In a major setback to the US- based fast food chain McDonald's in India, the National Company Law Tribunal (NCLT) today restored its estranged partner Vikram Bakshi as the Managing Director of Connaught Plaza Restaurant Ltd. The tribunal has said the meeting of Connaught Plaza Restaurants Ltd (CPRL) of August 6, 2013 in which Bakshi was removed as MD of the company was illegal, unjust and malafide,” reported the PTI.

"After fighting for over three decades for a share in ancestral properties, three branches of the Singhania family told the Supreme Court on Wednesday that they had amicably settled the dispute by honouring and implementing the decision of the arbitrator who had in 2008 divided the assets in three parts. 

"A Mumbai magistrate’s court on Tuesday admitted a Rs 500 crore criminal defamation suit, filed by R Venkataramanan, a trustee at Tata Trusts, against ousted Tata Sons Ltd chairman Cyrus Mistry and his family investment firms.Venkataramanan filed the defamation complaint in his personal capacity on 7 June through the law firm MZM Legal, citing allegations that Mistry made against him in an email he wrote to Tata Sons directors and Tata Trusts trustees on 25 October. The allegations pertained to some transactions at AirAsia India, Tata Sons’ joint venture with AirAsia Bhd," reported 500-crore-defamation-suit-by-Tata-trustee-aga.html Mint.

The Prevention of Money Laundering appellate tribunal set aside penalties imposed on 15 banks, in 2013, by the Financial Intelligence Unit (FIU) for alleged failure to prevent money laundering as revealed in a purported expose by news media Cobrapost.

“Police will book five men including a tourist guide for alleged gang-rape of an American woman at a five-star hotel in Delhi in March,” reported the Hindustan Times in December adding, “The woman has said the tourist guide befriended her while showing her tourist spots in Delhi and adjoining states. The woman said on the night of the incident, he entered her room with four of his friends, also related to the travel agency, on the pretext of discussing their next day’s journey route plan. They had drinks in the room after which the tourist guide forced himself on her, she said. The others also took turns to rape her before leaving the room, said a source familiar with the complaint. The traumatised woman went back to the US shortly after the alleged gang-rape, the complaint read.”

Tags:“Producer Allu Arvind of Geetha Arts on Thursday sought the injunction against the release of Sushant Singh Rajput starrer ‘Raabta’, which is slated to hit the screens on June 9, over copyright infringement. Arvind claims the story of ‘Raabta’ is very similar to his Telugu film ‘Magadheera’,” reported Zoom TV.

Phoenix Legal and senior counsel Ramji Srinivasan won for Arnab Goswami’s new TV news venture Republic in the Delhi high court, after the India Today Group withdrew its writ that we had first reported yesterday, which challenged Republic for allegedly violating the telecom law to gain unprecedented TV ratings (TRP).

We understand that law firm Phoenix Legal is defending journalist Arnab Goswami’s freshly launched news channel Republic TV in the Delhi high court, against news channel TV Today’s writ that alleges that Republic is violating telecom law to gain unprecedented television ratings (TRP).

Advocate Kartik Seth warned the Hindustan Times (HT) of criminal defamation charges that he would press against the newspaper for reporting that a battery of expensive senior advocates had been briefed in the case of Seth’s client, who is a government employee.

Amity Law School Noida student Paras Jain’s November 2015 win against cosmetic company Emami was turned around by the Delhi state consumer commission, which has sent his case back to the lower rung for fresh hearing.

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