Syeda Bintul Huda

The Delhi High Court has dismissed a petition while upholding that if a borrower has already approached the Debt Recovery Tribunal (DRT) under the SARFAESI Act, a writ seeking the same relief under Article 226 of the Constitution is not maintainable. Background of the Case The petitioner has availed the credit facilities from the consortium of banks, i.e., Punjab National Bank, Indian Bank, and UCO Bank. Later on, the account of the petitioner was declared as the NPA in 2021.

In a significant development, the National Company Law Tribunal (NCLT) ordered the liquidation of Go First Airways on January 20, 2025, following a request from the airline’s Committee of Creditors (CoC). After Jet Airways, Go First is the second major airline to go out of business in the recent years, raising concerns for the airline industry. The inability to revive these airlines has also raised questions about the effectiveness of the Insolvency and Bankruptcy Code (IBC) in this sector.

As widespread protests sweep the nation in response to the tragic rape and murder of a doctor in Kolkata, the West Bengal Assembly has responded by passing the Aparajita Woman and Child Bill, aiming to strengthen protections for women and children. Since the criminal laws comes under the Concurrent list, the bill needs to get approved from the state Governor as well as President of India and there is no specified time or obligation under Constitution to approve such bills.