No sedition case can be filed unless the spirit of Section 124A of the Indian Penal Code is prime facie met, a bench comprising Justices Uday Umesh Lalit and Vineet Saran ruled on Thursday.
Banks may target family trusts of loan guarantors
Synopsis
Many of the family trusts created by businesspeople are meant primarily to protect their assets from potential claims related to their companies, such as in bankruptcies. Neither lenders nor agencies such as the Enforcement Directorate or income tax department have been able to penetrate these asset protection trusts.
Banks and business promoters are seeking legal opinion to figure out if lenders could recover money and assets parked inside family trusts, following a recent Supreme Court ruling on personal guarantors. The SC ruling said personal guarantors of loans are liable in insolvency cases. This means creditors can initiate proceedings against personal guarantors of corporate debt.
this. gregg: the fry hearing, the supreme court standard whether you can present scientific evidence. here computer evidence. a computer animation of how the defense says this shooting occurred. do you think the judge will allow it? i think it should come in because it will demonstrate it will give the jury a little bit more to go on exactly how this fight played out. but this judge has not ruled whenever the defense wanted to bring something. with the exception of the tsc ruling. if i m a betting woman i say they shouldn t allow it. but it will give the jury a better idea of what happened. greg so much has been said and written that the prosecutors have not put on a good case or