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Supreme Court Upholds NCLAT Decision Setting Aside NCLT Orders Approving Resolution Plans for Earth Infrastructures Limited. Dispute Involves GNIDA's Claim Over Land Leased to Special Purpose Company and Its Subsidiaries, and the Validity of Resolution Plans Under IBC.

The Supreme Court of India heard a batch of civil appeals arising from a judgment of the National Company Law Appellate Tribunal (NCLAT) dated 30.01.2...

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Supreme Court Quashes Criminal Proceedings Against Private Individuals in Bank Fraud Case Following One Time Settlement. Settlement of Civil Dispute and Parity with Co-Accused Justify Quashing Under Section 482 CrPC.

The Supreme Court allowed appeals against the Madurai Bench of the Madras High Court's order dismissing petitions under Section 482 CrPC seeking quash...

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High Court of Bombay Dismisses Interim Application, Holds Limitation and Due Diligence as Key Issues in Share Recovery Suit. Summary Judgment Denied in Share Dispute Due to Limitation and Need for Oral Evidence

Summary Judgment under Order XIII-A of the CPC: The Court held that a summary judgment can only be granted if the Defendant has no real prospect of d...

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"Criminal Proceedings Quashed After Bank Settlement in Fraud Case Involving Loan Defaulters" "Supreme Court quashes proceedings under Section 482 CrPC where a One Time Settlement (OTS) between the Bank and Borrowers resolves the dispute"

The Supreme Court addressed an appeal challenging the dismissal of a criminal petition seeking to quash a chargesheet related to loan defaults, forger...

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Upholding Autonomy Amidst Settlement Disputes Exploring Legal Principles and Precedents in Arbitration Law

This Judgment pertains to a legal discussion surrounding arbitration under the Arbitration and Conciliation Act, 1996, particularly focusing on the re...

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Validity of Property Sale During Company Liquidation - Court Validates Transaction Under Companies Act

An interim application sought to declare a sale agreement dated 5th September 2007 as unaffected by Section 536(2) of the Companies Act, 1956, and to ...

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Supreme Court Upholds Karikho Kri's Election in Arunachal Pradesh: Non-Disclosure of Assets Not Grounds for Invalidating Election. Supreme Court reverses High Court ruling, finds no substantial defect or corrupt practice in Karikho Kri's election despite asset non-disclosures.

The Supreme Court of India set aside a High Court ruling that had declared the election of Karikho Kri void due to non-disclosure of certain assets an...

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Supreme Court Dismisses Appeal in Companies Act Case Due to Lack of Locus Standi and Defunct Company Status. Appellant Failed to Establish Directorship or Aggrieved Person Status Under Section 560(5) of Companies Act, 1956, with Company Deemed Defunct Under Section 3 After Striking Off in 2006.

The appeal arose from a dispute over the striking off of Basanti Cotton Mills (1998) Private Limited's name from the register of the Registrar of Comp...