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Supreme Court Validates NCLAT's Ruling on Financial Debt Classification under IBC. Global Credit Capital Limited and others deemed financial creditors in Mount Shivalik Industries Ltd. insolvency case.

The Supreme Court upheld the decision of the National Company Law Appellate Tribunal (NCLAT), confirming that the appellants are financial creditors u...

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Supreme Court of India Enforces Foreign Arbitration Award Amid Allegations of Bias. India reaffirms its commitment to enforcing foreign arbitration awards, dismissing challenges based on bias and public policy.

The Supreme Court of India upheld the Bombay High Court's decision to enforce a foreign arbitration award rendered by the Singapore International Arbi...