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Supreme Court Allows Bank's Appeal Against NCDRC Order Holding Bank Liable for Insurance Claim. Borrower's Acceptance of SCDRC Order and One-Time Settlement with Bank Precludes Liability.

The Supreme Court allowed the appeal filed by the State Bank of India and another against the order of the National Consumer Disputes Redressal Commis...

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Supreme Court Upholds High Court Ruling That Time Limit Under Section 14 of SARFAESI Act is Directory. The provision requiring District Magistrate to pass possession order within 30 days (extendable to 60 days) is directory, as non-compliance does not invalidate proceedings or prejudice the borrower.

The appeal arose from a judgment of the Kerala High Court which held that the time limit under Section 14 of the Securitisation and Reconstruction of ...

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Supreme Court Dismisses Municipal Corporation's Appeal Against Resolution Plan Approval in Insolvency Case. Municipal Corporation's Prior Consent to Resolution Plan Precludes Later Objections Under IBC.

The Municipal Corporation of Greater Mumbai (MCGM) appealed against the order of the National Company Law Appellate Tribunal (NCLAT) which had upheld ...

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Supreme Court Allows Appeals Against Appointment of Arbitrator in WAPCOS Ltd. v. Salma Dam Joint Venture. The court held that the arbitration agreement was novated by a subsequent amendment and that the petitioner lacked authority to invoke arbitration after revocation of power of attorney.

The Supreme Court of India heard appeals against the Delhi High Court's order appointing a sole arbitrator under Section 11(6) of the Arbitration and ...

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Supreme Court Dismisses Appeals by Developer Challenging Quashing of Environmental Clearance for Housing Project Near Sukhna Wildlife Sanctuary. Project Located in Catchment Area of Sukhna Lake Requires Central Government Clearance Under Category 'A' of EIA Notification.

The Supreme Court dismissed the appeals filed by Tata Housing Development Company Ltd. (Tata HDCL) against the judgment of the High Court of Delhi, wh...

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Supreme Court Allows Appeal in Municipal Demolition Case — High Court Cannot Direct Reconstruction of Demolished Structure. The court held that the power to demolish illegal structures is vested in the municipal corporation and courts cannot direct reconstruction even if procedure was violated.

The case involves appeals by the Municipal Corporation of Greater Mumbai against a High Court order directing reconstruction of a demolished structure...