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Supreme Court Allows Appeal of Dissenting Financial Creditor in Insolvency Case on Interpretation of Amended Section 30(2)(b)(ii) - Court Holds Amendments Apply to Pending Proceedings and Entitle Creditor to Liquidation Value of Security Interest Under Insolvency and Bankruptcy Code, 2016.

The dispute arose from appeals concerning the interpretation of amended Section 30(2)(b)(ii) of the Insolvency and Bankruptcy Code, 2016. The appellan...

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Supreme Court Dismisses Appeal in Bail Cancellation Case Due to Non-compliance with Financial Undertaking. High Court's order cancelling bail upheld as appellant failed to pay full compensation amount of Rs.4,63,50,000 as per settlement under Section 138 of Negotiable Instruments Act, 1881.

The case originated from convictions under Section 138 of the Negotiable Instruments Act, 1881, where the appellant and intervenor, as Chairman and Vi...

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Eviction Dispute: Tenants Ordered to Vacate Lands Due to Non-Payment of Rent. High Court enforces Section 25 of the Maharashtra Tenancy and Agricultural Lands Act, upholding the landlord’s right to reclaim lands due to default by tenant.

The case involves a long-standing tenancy dispute where the landlord, Shankar Shripad Latkar (since deceased, represented by legal heirs), sought evic...