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Supreme Court

Supreme Court Allows Appeal in Land Acquisition Rehabilitation Employment Dispute Due to Insufficient Proof of Landholding. Eligibility for Employment Under Tripartite Agreement Requires Documentary Evidence of Minimum 2 Acres, and Self-Serving Affidavits from Relatives Do Not Satisfy This Criterion Under the Rehabilitation Scheme.

23 Jul 2021

The dispute arose from a claim for employment under a rehabilitation scheme following land acquisition for the Sonepur Bazari Open Cast Project in Wes...

High Court

Supreme Court Upholds Financial Creditor in Insolvency Petition Based on Balance Sheet Acknowledgement Under Limitation Act. The Court held that entries in signed balance sheets constitute acknowledgement of debt under Section 18 of the Limitation Act, 1963, extending the limitation period for applications under Section 7 of the Insolvency and Bankruptcy Code, 2016, and that defects in the application regarding the date of default are curable.

15 Apr 2021

The dispute arose from an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) filed by Asset Reconstruction Company (India) ...

Supreme Court

Supreme Court Upholds Transfer of Winding Up Petition to NCLT Despite Admission Order. Discretion Under Section 434(1)(c) Companies Act, 2013 Properly Exercised Where Liquidation Was at Initial Stage and No Irreversible Steps Taken.

14 Dec 2020

The Supreme Court dismissed appeals by Action Ispat and Power Pvt. Ltd. against the Delhi High Court's order transferring a winding up petition to the...

Supreme Court

Supreme Court Upholds Expulsion of Trading Member for Violating Gross Exposure Limits and Failing to Maintain Capital Adequacy. Securities Contracts (Regulation) Act, 1956 - Section 22F - Appeal against Securities Appellate Tribunal order upholding expulsion from National Stock Exchange membership.

20 Nov 2020

The appellant, Rusoday Securities Ltd., was a trading member of the National Stock Exchange of India Ltd. (NSE) since November 1994 and gave an undert...

Supreme Court

Supreme Court Dismisses Section 11 Petition for Appointment of Arbitrator in Favor of ICC Arbitration Under Umbrella Agreement. Disputes arising from multiple purchase orders and a pricing agreement are governed by the arbitration clause in the umbrella agreement, not individual purchase orders.

16 Sep 2020

The case involves a dispute between Balasore Alloys Limited (petitioner/applicant) and Medima LLC (respondent) arising from a business transaction for...

Supreme Court

Supreme Court Allows State's Appeal, Upholds Rejection of Bid for Suppression of Material Facts in Public Tender. Bidder's Failure to Disclose FIR and Charge Sheet for Bridge Collapse Constitutes Fraudulent Practice Under N.I.T. Clauses.

8 Sep 2020

The Supreme Court of India heard appeals by the State of Madhya Pradesh against a High Court judgment that had set aside the rejection of U.P. State B...

Supreme Court

Supreme Court Dismisses Appeal of Distribution Licensee Against Tariff Revision for Change in Law Under Electricity Act, 2003. Non-Allocation of Coal Linkage Despite Government Assurance Constitutes Change in Law Entitling Generating Company to Compensatory Tariff.

31 Aug 2020

The case involves a dispute between Jaipur Vidyut Vitran Nigam Limited (JVVNL), an electricity distribution licensee in Rajasthan, and Adani Power Raj...

Supreme Court

Supreme Court Dismisses Revenue's Appeal in Service Tax Dispute on Gas Connection Charges. Measuring Equipment Installed for Supplier's Billing Purposes Not Taxable Under 'Supply of Tangible Goods Service' as Customer Does Not Use the Equipment.

28 Aug 2020

The appeal arose from a judgment of the Customs, Excise & Service Tax Appellate Tribunal which set aside a demand for service tax on gas connection ch...

Supreme Court

Supreme Court Allows Assessee's Appeal in Income Tax Dispute Over Non-Compete Fee Taxability. Amount Received Under Deed of Covenant Held as Capital Receipt Not Taxable Under Section 28(ii)(a) of Income Tax Act, 1961, Due to Separate Genuine Transaction and Procedural Error in High Court's Judgment.

22 Jul 2020

The appeal concerned the assessment year 1995-96 involving Shri Shiv Raj Gupta, Chairman and Managing Director of Central Distillery and Breweries Ltd...

Supreme Court

Supreme Court Sets Aside Interim Stay in Public Procurement Contract, Emphasizes Public Interest Over Interim Orders in Tender Matters. The Court held that the High Court's interim order restraining the signing of a contract after completion of bidding was not in public interest and was passed without reasons.

24 Jun 2020

The appeals arose from an interim order of the Rajasthan High Court in an intra-court appeal, which directed status quo and restrained the signing of ...

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