Supreme Court dismissed the plea challenging the judgment of the Tripura High Court, which in turn had dismissed a public interest litigation filed by Shubhankar Bhowmik.
The power under Section 482 may not be available to the Court to countenance the breach of a statutory provision, said the Apex Court. (Sandeep Khaitan, Resolution Professional for National Plywood Industries Ltd. vs JSVM Plywood Industries Ltd & Anr.)
Justice Ramana’s humble beginnings have given him an insight into the suffering of the common man, which has also made him a champion of civil liberties. He has great empathy for those requiring protection of human rights. His tenure, no doubt, will be marked by compassion, expertise and wisdom.
The Insolvency and Bankruptcy regime of India has evolved steadily since its beginning in 2016, benefitting from the jurisprudential osmosis. This article attempts to study the providence of the workmen of an insolvent employer within the scheme of Code.
The Supreme Court today expressed its concern regarding payment of AGR dues by telecommunication companies, observing that the AGR dues might be wiped out in the IBC process.
Senior Advocate Harish Salve today submitted before the Supreme Court that it would be premature to decide if spectrum can or cannot be sold under IBC.