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Supreme Court Affirms Guarantor's Independent Liability Despite Resolution Plan. Guarantor's obligations remain intact; assets of subsidiaries excluded from holding company’s resolution plans, creditor rights upheld

The Supreme Court of India affirmed that the approval of a resolution plan for a corporate guarantor does not absolve the principal borrower of its li...

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Supreme Court Quashes High Bid in Mining Lease e-Auction, Orders Fresh Auction and Penalty. Supreme Court finds error in 140.10% bid to be a genuine mistake, mandates a fresh e-auction while imposing a Rs 3 crore penalty on appellant for lack of due care.

Granted leave to appeal against the judgment of the High Court of Orissa, which dismissed the writ petition of the appellant who had mistakenly placed...

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Arbitration Battle Over Ganatra Hotels: Panchamias vs. Ganatra Group. Complex Dispute Involving Share Transfers, Valuation Discrepancies, and Legal Contentions Reaches Judicial Review

This case involves two connected Commercial Arbitration Petitions arising from an Arbitral Award dated 5th April 2016. The primary parties are the Pan...

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High Court Upholds Entertainment Duty on APSARA Award Function; Deletes Penalty. Petitioner's challenge to entertainment duty dismissed, penalty reduced due to legal interpretation issues.

This petition under Article 226 of the Constitution of India challenges the order dated 28th September 2007, confirming an entertainment duty demand o...

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Maharashtra Slum Rehabilitation Act Redevelopment Case: Compliance, Delays, and Judicial Decisions in Urban Renewal Efforts

The redevelopment case under the Maharashtra Slum Rehabilitation Act: Involving multiple parties including developers, municipal authorities, and coo...

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Supreme Court Clarifies Penalty Imposition under FT Act: Rehabilitation Scheme's Scope Examined Interpreting Section 11(2) and SICA Provisions

Foreign Trade (Development and Regulation) Act, 1992 - Imposition of penalty for non-fulfillment of export obligation under an Export Promotion Capita...

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Search Action Under Section 132 of the Income Tax Act, 1961. Unveiling the Controversy Surrounding the Unconstitutional Search and Seizure of Cash, Jewelry, and Documents by Revenue Authorities

Presents two petitions challenging a search action conducted under Section 132 of the Income Tax Act, 1961. The petitioners, including a private limit...

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Determination of jurisdictional limits and appropriateness of damages in contractual disputes.

Legal case involving the Municipal Committee, Katra, and a bidder, the respondent, regarding a contract for supplying mules and labor for pilgrim tran...

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Supreme Court Quashes Special Court's Order in Benami Transactions Case. "Loans repaid without adequate documentation—burden of proof remains on the Custodian."

The Supreme Court of India overturned judgments by the Special Court relating to recoveries from the appellants (Suman L. Shah and Laxmichand Shah) as...