Connect with us


SC removes reprimands to NCLAT members from a larger bench




Injured by personal remarks made against them by the five-member bench on December 22, three members of the Justice (Retd) Jarat Kumar Jain, Balvinder Singh and Vijai Pratap Singh had approached the high court

By Abraham Thomas


The Supreme Court on Friday overturned the derogatory remarks passed against the three sitting members of the National Companies Law Appeals Court (NCLAT) in an order passed by a five-member bench of the same Tribunal last year.

Damaged by personal remarks made against them by the five-member bench on December 22, three members of the Justice (Retd) Jarat Kumar Jain, Balvinder Singh and Vijai Pratap Singh had appeared in the high court. A reference made by a three-member bench had led to the approval of the said order, when the five-member NCLAT station held the reference not to be held, a disaster which was against judicial discipline.

Going through the petition, the rooftop court agreed that the remarks should be sought to be removed. Justice bench RF Nariman and BR Gavai said, We are with you. Will we remove the remarks immediately? Appearing to the plaintiffs, senior attorney Vinay Garg informed the court that remarks offending his clients were reproduced in the petition.

Read also | No evidence but can not rule out conspiracy against Gogoi: SC

The five-member NCLAT bench had remarked, We hope and believe that Benel Referral members will show a more serious attitude towards adhering to mandatory court precedents and will not undertake to cross the red line. Such a catastrophe weakens the authority of the law, the dignity of the institution also shakes the faith of the peoples in the rule of law. There were other parts highlighted in the petition that contained personal remarks against the three members.

Stoli said, We are of the opinion that the observations made against members of the court in the Special Permit (SLP) petition should be removed.

What invited these remarks against the applicants was a decision given by them sitting in a three-member combination on September 25, 2020. In doing so, they noted a previous decision by a five-member NCLAT bench that was in contrary to decisions taken by the Supreme Court. The question of whether entering the legal balance sheet of the company would constitute the recognition of the debt by the company. Supreme Court rulings held affirmatively while a five-member NCLAT panel ruled otherwise. Since a five-member NCLAT decision binds a three-member bench, the applicants chose to refer the matter to a five-member panel.

The petition from the three members of the Supreme Court filed through lawyer Amit Sharma, said: The biggest jewel has exceeded the limits of his jurisdiction and has made unpleasant and most derogatory comments which tend to be of a personal nature against Benel Referral .

The three members did not challenge the annulment of their reference order, but limited their challenge to personal remarks made against them. They went to court under section 62 of the Bankruptcy and Bankruptcy Code which allows any NCLAT order to be appealed to the high court.


What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos

picture credit


to request, modification Contact us at Here or [email protected]