Statutory transfer formalities invalidated alleged share and property transfers, while retrospective record manipulation constituted oppression and mi...
Provisional attachment of laundered funds and equivalent-value property sustained, with statutory protection limited to pension, gratuity and providen...
Insolvency moratorium does not shield company officers from cheque dishonour prosecution for liability arising before corporate insolvency proceedings...
Declaration of bodies corporate, their promoters and directors, as “wilful defaulters” - Lack of transparency and due process in the Union Bank's procedure for declaring the petitioner a wilful defaulter - The High Court concluded by allowing Union Bank to withdraw its previous orders regarding the petitioner's status as a wilful defaulter and mandated a redo of the proceedings with proper disclosure and adherence to due process, thereby setting guidelines for future proceedings under the RBI's Master Circular on Wilful Defaulters.
Declaration of bodies corporate, their promoters and directors, as “wilful defaulters” - Lack of transparency and due process in the Union Bank's procedure for declaring the petitioner a wilful defaulter - The High Court concluded by allowing Union Bank to withdraw its previous orders regarding the petitioner's status as a wilful defaulter and mandated a redo of the proceedings with proper disclosure and adherence to due process, thereby setting guidelines for future proceedings under the RBI's Master Circular on Wilful Defaulters.
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