P&H HC: Eyewitness Account Not Credible if Eyewitness Directly Identifies Accused in Court  ||  Delhi HC: Conditions u/s 45 PMLA Have to Give Way to Article 21 When Accused Incarcerated for Long  ||  Delhi High Court: Delhi Police to Add Grounds of Arrest in Arrest Memo  ||  Kerala High Court: Giving Seniority on the Basis of Rules is a Policy Decision  ||  Del. HC: Where Arbitrator has Taken Plausible View, Court Cannot Interfere u/s 34 of A&C Act  ||  Ker. HC: No Question of Estoppel Against Party Where Error is Committed by Court Itself  ||  Supreme Court: Revenue Entries are Admissible as Evidence of Possession  ||  SC: Mere Breakup of Relationship Between Consenting Couple Can’t Result in Criminal Proceedings  ||  SC: Bar u/s 195 CrPC Not Attracted Where Proceedings Initiated Pursuant to Judicial Order  ||  NTF Gives Comprehensive Suggestions on Enhancing Better Working Conditions of Medical Professions    

Karnataka High Court Stays NCLT Order Against Flipkart for Defaulting Payment - (07 Nov 2019)

INSOLVENCY

Karnataka High Court has stayed the order of National Company Law Tribunal which had initiated solvency proceedings against Flipkart. The company had approached the Karnataka High Court after NCLT initiated insolvency proceedings against the Walmart owned company for defaulting on Rs 18 crore payment to one of its suppliers.

Tags : KARNATAKA HIGH COURT   FLIPKART  

Share :        

Disclaimer | Copyright 2024 - All Rights Reserved