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Supreme Court Allows Co-operative Bank Appeal Against Sureties -- Holds Sureties Liable for Original Loan Under Section 133 of Indian Contract Act, 1872 -- Gujarat High Court Order Set Aside in Recovery Dispute

The Supreme Court allowed appeal by Appellant against High Court order that discharged sureties from all liability -- The Court held that under Sectio...

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Supreme Court Dismisses Appeals by Appellants -- Upholds Committee of Creditors' Approval of Sarda Energy and Minerals Limited's Resolution Plan Under Insolvency and Bankruptcy Code, 2016 -- Doctrine of Commercial Wisdom Affirmed in Insolvency Resolution

The Supreme Court upheld the approval of a Resolution Plan by Sarda Energy and Minerals Limited (SEML) for SKS Power Generation (Chhattisgarh) Ltd. un...

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High Court Dismisses State of Goa's Appeal Against Arbitral Award in Bridge Construction Dispute, Upholding Rejection of Objections Under Arbitration and Conciliation Act, 1996

The State of Goa appealed under Section 37 of the Arbitration and Conciliation Act, 1996 against the rejection of its objections under Section 34 of t...

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High Court allowed State's Appeal, Reversal of Acquittal of Four Accused in Triple Murder and Robbery Case -- Sufficient Evidence, No Procedural Lapses Acquittal set aside

The State of Karnataka appealed against the acquittal of four accused persons by the trial court in a triple murder case -- The prosecution alleged th...

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High Court Acquits Accused in Murder and Conspiracy Case Under IPC Sections 120B and 302 Read with 34 Due to Insufficient Evidence and Inconsistencies. Appeals Allowed Setting Aside Trial Court Conviction

The High Court of Karnataka allowed criminal appeals filed by five accused persons, acquitting them of charges under Section 120B of IPC for conspirac...

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Supreme Court Quashes Criminal Proceedings Against Respondents Under Drugs and Cosmetics Act Due to Lack of Mandatory Enquiry Under Section 202 CrPC -- Misbranding Allegations Fail on Jurisdictional Grounds

The Supreme Court addressed criminal appeals arising from a complaint under the Drugs and Cosmetics Act, 1940, alleging misbranding of a vaccine by th...

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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...