Current Legal Update

State officials having management of the Corporate debtor, duty bound to handover the possession to the RP

This National Company Law Tribunal order addresses the seven-year failure of Jaipur Metals & Electricals Ltd.’s suspended management, including Rajasthan State officials, to transfer company assets to the Resolution Professional. The Tribunal mandates the immediate handover, rejecting the State’s justifications and criticizing its severe obstruction of the insolvency process.

Current Legal Update

“Remember Nepal’s Porn Ban Backfire?”: SC Grills Centre on Blocking Kids from X-Rated Sites

The Central government has been severely criticized by the Supreme Court of India on the technical challenges of censoring X-rated or pornographic sites especially to kids. In one hearing, the bench headed by Chief Justice of India B.R. Gavai, used the recent upheaval in Nepal as a cautionary signal of the unintentional side effects of targeting the inherent censorship of the internet.