Blogs And Articles

By the team of Prime Legal
Supreme Court Clarifies: Procedural Defects in Section 7 IBC Applications Are Curable
Supreme Court Clarifies: Procedural Defects in Section 7 IBC Applications Are Curable
November 25, 2025by Primelegal Team

CASE NAME: Livein Aqua Solutions Private Limited v. HDFC Bank Limited CASE NUMBER : Civil Appeal No. 11766 of 2025 COURT: Supreme Court of India DA

Bombay High Court Clarifies: SEBI Consent Orders Don’t Wipe Out Criminal Liability in Securities Fraud Cases
Bombay High Court Clarifies: SEBI Consent Orders Don’t Wipe Out Criminal Liability in Securities Fraud Cases
November 17, 2025by Primelegal Team

INTRODUCTION The Bombay High Court in Manoj Gokulchand Seksaria vs The State of Maharashtra, Crl WP No. 245 of 2020 held explicitly that in cases i

LLP Act Interpretation: Karnataka HC Makes Arbitration Compulsory for Partner Disputes
LLP Act Interpretation: Karnataka HC Makes Arbitration Compulsory for Partner Disputes
November 14, 2025by Primelegal Team

CASE NAME : Maverick Motors LLP & Others AND Rohith Murthy CASE NUMBER : Civil Misc. Petition No. 34 of 2025 DATE : 31st October 2025 COURT : H

Holder of Cumulative Redeemable Preference Shares is an Investor not Creditor : Supreme Court rules
Holder of Cumulative Redeemable Preference Shares is an Investor not Creditor : Supreme Court rules
October 30, 2025by Primelegal Team

Facts Previously, Essar Projects India was the name of the appellant, EPC Constructions India Limited, or simply “EPCC.”LTD. On Decembe

Why NCLT President Cannot Change the Jurisdiction Arbitrarily clarifies Gujrat HC
Why NCLT President Cannot Change the Jurisdiction Arbitrarily clarifies Gujrat HC
October 25, 2025by Primelegal Team

Introduction The Gujarat High Court has clarified the scope of administrative powers vested in the President of the National Company Law Tribunal (

Not necessary for a company to have permanent presence in India to get Tax benefits: SC
Not necessary for a company to have permanent presence in India to get Tax benefits: SC
October 18, 2025by Primelegal Team

Facts The recent judgment of the court came in against the earlier judgments passed by the High Court of Uttarakhand in Income Tax Appeal Nos. 49 o

Supreme Court Sets IBC Precedent: Speculative Debt Acquisition to Manipulate Insolvency Proceedings Prohibited
Supreme Court Sets IBC Precedent: Speculative Debt Acquisition to Manipulate Insolvency Proceedings Prohibited
October 17, 2025by Primelegal Team

Introduction The Supreme Court recently held that speculative investors cannot invoke insolvency proceedings against borrowers under Section 7 of t

Non-Arbitrability of Post-Resolution Claims under the Insolvency and Bankruptcy Code (IBC): The Clean Slate Principle
Non-Arbitrability of Post-Resolution Claims under the Insolvency and Bankruptcy Code (IBC): The Clean Slate Principle
October 6, 2025by Primelegal Team

FACTS The Government of India executed a Production Sharing Contract (PSC) with MIEL (Petitioner in this case), GAIL, the Respondent, and others. T

The Role of Independent Directors in Strengthening Corporate Governance in India
The Role of Independent Directors in Strengthening Corporate Governance in India
October 4, 2025by Primelegal Team

ABSTRACT  Independent directors are outside members in a company’s board who are not linked to the company or its owners in any personal or mone

Madras High Court | NCLT Must Prove Disciplinary Grounds before Rejecting IRP
Madras High Court | NCLT Must Prove Disciplinary Grounds before Rejecting IRP
October 3, 2025by Primelegal Team

Introduction  The Madras High Court recently set aside an order passed by the National Company Law tribunal whereby, the recommended Interim Resol