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Supreme Court Allows Bank's Appeal in Service Law Dispute Over Promotion Denial Under Sealed Cover Procedure. Promotion Correctly Denied from Earlier Date When Disciplinary Proceedings Resulted in Minor Penalty of Censure as Per Staff Circular No.118 and Judicial Precedents.

The dispute originated from the respondent employee's promotion consideration in November 1984 while employed with the appellant bank in Middle Manage...

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Supreme Court Upholds NCLAT Order in Insolvency Resolution Plan Approval Under Insolvency and Bankruptcy Code, 2016. Resolution Plan Found Compliant with Section 30(2) and Binding on All Stakeholders Despite Pending Creditor Claim Challenges.

The appeal arose under Section 62 of the Insolvency and Bankruptcy Code, 2016, against a judgment dated 4 January 2021 of the National Company Law App...

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Supreme Court Upholds Revenue in Income Tax Act Case Involving Cancellation of Trust Registration. Cancellation Under Section 12AA(3) Justified Due to Admission of Bogus Donations and Non-Genuine Activities by the Trust, Violating Its Objects and Misusing Tax Provisions.

The dispute involved the Commissioner of Income Tax (Exemptions) appealing against a High Court judgment that set aside the cancellation of registrati...