Skip to main content

Supreme Court Extends Limitation For Filing In All Courts/Tribunals With Effect From March 15 Until Further Orders

Supreme Court Court has taken Suo Motu cognizance of the situation arising out of the challenge faced by the country on account of Covid-19 Virus and resultant difficulties that may be faced by litigants across the country in filing their petitions/applications/suits/ appeals/all other proceedings within the period of limitation prescribed under the general law of limitation or under Special Laws (both Central and/or State).
To obviate such difficulties and to ensure that lawyers/litigants do not have to come physically to file such proceedings in respective Courts/Tribunals across the country including this Court, it was ordered that a period of limitation in all such proceedings, irrespective of the limitation prescribed under the general law or Special Laws whether condonable or not shall stand extended with effect from  15th March 2020 till further order/s to be passed by the Court in present proceedings.
The Court while exercising the power under Article 142 read with Article 141 of the Constitution of India declared that this order is a binding order within the meaning of Article 141 on all Courts/Tribunals and authorities. Supreme Court Limitation Period

Labels:

Comments

Post a Comment

Popular posts from this blog

SEBI- Measures to further facilitate fund raising from capital markets in the backdrop of COVID-19 pandemic

In the wake of challenges for the Indian economy arising out of the Covid-19 pandemic and with a view to improving access to funding to the corporates through capital markets, SEBI has decided to grant certain temporary relaxations from the regulatory provisions related to rights/ public issuances by listed entities. Rights Issues 1. Fast track Rights issuances Towards expanding the universe of listed entities for the purpose of fast track rights issuances, SEBI has relaxed the following conditions: The eligibility requirement of average market capitalisation of public shareholding of INR 250 crores has been reduced to INR 100 crores. The requirement related to period of listing of equity shares of the issuer for at least three years has been reduced to listing for eighteen months only. The condition related to no audit qualifications on issuer’s audited accounts has been replaced with the requirement to disclose the impact of audit qualifications on issuer
1 comment
Read more

Measures taken under Competition Act, 2002 in view of COVID-19 pandemic

The following measures have been taken by Competition Commission of India (CCI) in view of COVID-19 outbreak:  Allowed facility to file certain information electronically. Combination notices may be filed electronically. The fee for filings may be made electronically via direct account transfer. Parties of combination may avail pre-filing consultation (PFC) through video conference. Competition commission of India- Circular
Post a Comment
Read more