The Supreme Court has agreed to hear next week a PIL alleging siphoning of Rs 18,000 crore funds meant for granting Post-Matriculation scholarship to students belonging to Scheduled Castes and Scheduled Tribes. A bench comprising Chief justice Dipak Misra and Justice A M Khanwilkar considered the submission of lawyer M [...]

Referring to an appeal filed by the State Bank of India against a judgment of the National Company Law Appellate Tribunal, the Supreme court ruled that the creditors can proceed against personal guarantors of a corporate debtor even while insolvency proceedings are on. The law mandates a limited moratorium of [...]