Administrator Archives

Clauses in Information Brochure based on statutory Master Circular is enforceable; Bombay High Court sets aside Administrator decision to write down AT-1 bonds once Yes Bank stood reconstituted

The clauses in the Information Memorandum are based on the Master Circular which is issued by the Reserve Bank under its statutory powers. Information Memorandum and its clauses refer to Master Circular. The said Information Brochure has a statutory flavour. In that event, the agreement would have a statutory base and such an agreement can certainly be enforceable.

Case Briefs High Courts

Executor appointed in probate proceedings cannot be removed unless gross misconduct or mismanagement, abuse or misuse of probate is demonstrated: Delhi High Court

The Delhi High Court held that naming of an administrator pendente lite would not come up unless and until the Executor was initially removed by the appropriate Court as per Section 301 of Succession Act, 1925. Further, it was held that an executor appointed in probate proceedings would not be readily removed unless gross misconduct, gross mismanagement, abuse, or misuse of probate was demonstrated.

Case Briefs High Courts

Madras HC | Administrator of WhatsApp group approaches Court for relief in FIR filed for promoting enmity between different groups. Read Court’s order

Madras High Court: G.R. Swaminathan, J., dealt with an interesting matter where the petitioner who was administrator of a WhatsApp group approached

Case Briefs High Courts

Kar HC | Can Court through a judicial order confer on the ‘Administrator’ a power to renew Fixed Deposits of investors? What other powers can be conferred? HC elaborates

Karnataka High Court: A Division Bench of Abhay S. Oka, CJ and M. Nagaprasanna, J. dealt with issue of powers which can

Legislation Updates Notifications

President appoints Prafulbhai Khodabhai Patel as Administrator of UT of Dadra & Nagar Haveli and Daman & Diu

F.No.14016/34/2016.UTS-I.—In pursuance to the Dadra and Nagar Haveli and Daman and Diu (Merger of Union Territories) Act, 2019 issued on 9th December,