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Supreme Court Allows Insolvency Proceedings Under IBC Over Defunct Scheme of Arrangement -- IBC Prevails Over Companies Act in Recovery of Defaulted Loans

The Supreme Court allowed an appeal against the Company Law Appellate Tribunal's order that kept in abeyance an application under Section 7 of the Ins...

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High Court Dismisses Writ Petition by Petitioners Against Union of India and NHAI -- Challenge to Land Acquisition Under National Highways Act, 1956 Fails -- Section 94 of RFCTLARR Act, 2013 Not Applicable

The petitioners, owners of galas in Godown L1, challenged NHAI's acquisition of part of the godown for the Vadodara Mumbai Expressway under the Nation...

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High Court Quashes FIR Against Bank Officials and BGR Energy Executives in Bank Guarantee Dispute -- No Criminal Intent Found in Commercial Transaction Under IPC Sections 420, 403, 406, 418, 425, 427 read with 34

The High Court quashed an FIR registered against bank officials and company executives alleging criminal offences in connection with bank guarantee tr...

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High Court Dismisses Civil Revision Petition in Contract Dispute - Limitation Issue for Damages Suit Held to be Mixed Question of Law and Fact - Trial Court Order Rejecting Plaint Rejection Application Under Order VII Rule 11(d) CPC Upheld

The petitioner company challenged termination of contract dated 26.04.2012 through writ proceedings which were dismissed -- The respondents filed suit...

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High Court Quashes Show-Cause Notices Against Belagavi City Corporation Councillors -- Commissioner Lacks Jurisdiction to Initiate Disqualification Proceedings Under Karnataka Municipal Corporations Act, 1976

The High Court of Karnataka quashed show-cause notices issued to two elected Councillors of Belagavi City Corporation proposing disqualification under...

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High Court Allows Writ Petition, Sets Aside Stamp Duty Assessment on NCLT Order Under Maharashtra Stamp Act, 1958 -- Petitioner Challenges Rs. 50,00,000 Duty on Amalgamation Scheme Instrument

The High Court heard a writ petition by Petitioner. challenging stamp duty assessment of Rs. 50,00,000 on an NCLT Mumbai order sanctioning a composite...

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High Court Allows Appeal in Land Dispute, Grants Interim Injunction Against Creating Third-Party Rights. Appellants Challenge Trial Court's Rejection of Injunction in Property Recovery Suit

The Appellants, filed an Appeal from Order under Section 104 read with Order 43 Rule 1(r) of the Code of Civil Procedure, 1908 (CPC), challenging the ...