NCLAT: Consideration of Debt Restructuring by Lenders Doesn’t Bar Member from Initiating Proceedings  ||  Delhi High Court: In Matters of Medical Evaluation, Courts Should Exercise Restraint  ||  Delhi HC: Any Person in India Has Right to Legally Import Goods from Abroad and Sell the Same  ||  Delhi HC: Waiver to Section 12(5) of Arbitration Act to be Given Once Tribunal is Constituted  ||  Supreme Court Has Asked States to Regularise Existing Court Managers  ||  SC: Union & States to Create Special POSCO Courts on Top Priority  ||  SC Upholds Authority of CERC to Award Compensation for Delays  ||  SC: Arbitral Tribunal Has Discretion to Include in Sum Awarded, Interest at Rate as it Deems Reasonab  ||  SC: Cannot Use Article 142 to Frame Guidelines on Judicial Recusal  ||  SC: Satisfaction Recorder in One EP Won’t Affect Subsequent EPs for Future Breaches    

Supreme Court Declines to Interfere with High Court Order in Rs 7,200 Crore Satyam Fraud Case - (15 Oct 2019)

CRIMINAL

Supreme Court has refused to interfere with the Hyderabad High Court’s order that set aside an Enforcement Directorate order provisionally attaching Tech Mahindra’s fixed deposits worth Rs 822 crore. The Court while refusing any relief in the case, said that it will finally decide on November 26 the larger issue of whether Prevention of Money Laundering Act, 2002 can override other laws like Insolvency and Bankruptcy Code, 2016 among others.

Tags : SUPREME COURT   SATYAM FRAUD  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved