NCLT Delhi Approves Merger of Ambrosia Corner House with Kafila Hospitality
NCLT Delhi has sanctioned the merger of Ambrosia Corner House with Kafila Hospitality, emphasizing compliance with statutory, tax, and liability obligations.
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NCLT Delhi has sanctioned the merger of Ambrosia Corner House with Kafila Hospitality, emphasizing compliance with statutory, tax, and liability obligations.
The NCLT in Bengaluru has sanctioned the merger of Aureustech Systems with Happiest Minds Technologies, establishing an appointed date for the merger of April 1, 2026.
The Delhi High Court has ordered Facebook and Instagram to remove posts infringing on the DA MILANO brand rights upon notice. This ruling emphasizes the obligation of platforms to act against intellectual property violations.
In KVIC v. Jaishukh N. Bhuta, the Bombay High Court ruled that not every willful breach of an interim injunction warrants punishment, emphasizing the distinction between disobedience and the consequences under Order XXXIX Rule 2A.
The Indian IP community mourns the loss of Mr. P. H. Kurian, a significant figure in administrative law, who passed away after a battle with cancer. His contributions across various roles have shaped patent law in India.
The ITAT Hyderabad has excluded KPO recharacterisation, allowed PLI adjustments in a transfer pricing case, and directed LIBOR+200 bps on receivables.
The Bombay High Court has condoned a 29-day delay in the filing of Form 10B and restored the Section 11 exemption for a charitable trust for the assessment year 2022-23.
The Reserve Bank of India has shortened the temporary relaxation period for deposit rates on FCNR(B) and NRE deposits across various bank types to August 31, 2026.
In a ruling by the SAFEMA Tribunal, a PMLA attachment of ₹8.28 lakh was upheld, as the appellant failed to provide necessary bank statements to substantiate claims of being a victim.

The NCLT has admitted a plea by Bank of India for ₹23.66 crore, determining that financial debt and default were established independently of any questioned NPA classifications. This decision reiterates the strict criteria for proving insolvency.

The NCLT upheld an insolvency plea of ₹1.65 crore, ruling that unsupported claims of adjustment failed to demonstrate any genuine pre-existing dispute prior to the issuance of a demand notice. This ruling highlights the threshold for disputing insolvency claims.

The NCLT in Mumbai held that the insolvency proceedings against a corporate guarantor can proceed regardless of the ongoing Corporate Insolvency Resolution Process (CIRP) of the principal borrower. The ruling emphasizes the liability of corporate guarantors.

The NCLT has admitted a Corporate Insolvency Resolution Process (CIRP) petition for ₹11.83 crore after bank records conclusively established financial debt and ongoing default. This development emphasizes the importance of documentation in insolvency cases.