Once the signature of an accused on the cheque/negotiable instrument is established, the “reverse onus” clauses become operative and in such situation, obligation shifts upon the accused to discharge the presumption imposed upon him – Wipro Ltd., Cuttack Vs. Prasanna Kumar Baral – Orissa High Court

In case you've already logged in, click here to know why you're not able to access this content.

 

Even after completion of Challenge Mechanism under CIRP Regulation 39(1A)(b), the CoC retain its jurisdiction to negotiate with one or other Resolution Applicants, or to annul the Resolution Process and embark on to re-issue RFRP – Vistra ITCL (India) Ltd. Vs. Torrent Investments Pvt. Ltd. & Ors. – NCLAT New Delhi

In case you've already logged in, click here to know why you're not able to access this content.

 

Independent Non-Executive Directors cannot be prosecuted for the offences punishable under Section 138 of NI Act by invoking Section 141 of the NI Act – Mr. Satvinder Jeet Singh Sodhi and Mr. Sakti Kumar Banerjee Anr. Vs. State of Maharashtra and Anr. – Bombay High Court

In case you've already logged in, click here to know why you're not able to access this content.

 

Once an order of dissolution is passed, the Corporate Debtor would be completely dissolved and the Corporate Debtor cannot receive any amount even though it is legitimately due and payable – Mr. Ashish Rathi RP of SBQ Steels Ltd. Vs. Josheph Philip – NCLT Chennai Bench

In case you've already logged in, click here to know why you're not able to access this content.