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Supreme Court Allows Appeal in Bond Redemption Dispute, Upholding Defendant's Compliance with RBI Directives. Interest on Delayed Payment Not Payable Due to Regulatory Embargo and Pending Liquidation Proceedings Under Companies Act, 1956.

The dispute arose from a suit filed by M/s. SIBCO Investment Pvt Ltd against Small Industries Development Bank of India seeking interest on alleged be...

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Supreme Court Allows State's Appeal Against High Court's Quashing of VAT Assessment Orders. High Court Erred in Entertaining Writ Petitions Under Article 226 When Alternative Statutory Remedy of Appeal Was Available to Assessees Under Andhra Pradesh Value Added Tax Act.

The dispute arose from VAT assessment proceedings where the Assessing Officer passed assessment orders for various years against registered dealers. T...

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Supreme Court Sets Aside High Court Order Condoning Delay in Arbitration Challenge. Limitation Period Under Section 34(3) of Arbitration and Conciliation Act, 1996 Held Absolute and Not Extendable Beyond 30 Days.

The appellant, Mahindra and Mahindra Financial Services Ltd., had provided a loan to the respondent, Maheshbhai Tinabhai Rathod, for purchase of tract...

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Supreme Court Allows State Appeals in MP Assistant Professor Selection — OBC Female Candidates Cannot Occupy Unreserved Female Seats. Horizontal Reservation for Women Must Operate Within Respective Vertical Categories, Not Across Categories.

The Supreme Court of India heard a batch of civil appeals arising from a common judgment of the Madhya Pradesh High Court dated 29.04.2020 concerning ...