News of the Day

Resolution and recovery

All claims not part of resolution plan get extinguished on approval of resolution plan by Adjudicating Authority under S. 31 IBC Ghanashyam Mishra and Sons Private Limited vs. Edelweiss Asset Reconstruction Company Limited [Civil Appeal No. 8129 of 2019] Brief: In the said appeal the Hon’ble Supreme Court interpreting section 31(1) of the IBC, 2016 […]

All claims not part of resolution plan get extinguished on approval of resolution plan by Adjudicating Authority under S. 31 IBC Read More »

Investigation - Police - Quashing

Supreme Court issues directions to High Courts on “no coercive orders” at the time of petition under section 482 / Article 226 M/s Neeharika Infrastructure Pvt. Ltd. vs. State of Maharashtra [CrA 330 OF 2021] Brief: The Hon’ble Supreme Court while considering an SLP against an order of the Bombay High Court has discouraged grant of

Supreme Court issues directions to High Courts on “no coercive orders” at the time of petition under section 482 / Article 226 Read More »

Limitation period

Government of Maharashtra vs Borse Brothers Engineers and Contractors Pvt Ltd, Civil Appeal No. 995 of 2021 Delay in filing of appeal under section 37 of Arbitration Act is condonable Brief: The Supreme Court has in the instant decision over-ruled its previous decision, N.V. International v. State of Assam, (2020) 2 SCC 109 and held

Delay in filing of appeal under section 37 is condonable Read More »

Memorandum of Settlement

Ashish Seth vs. Sumit Mittal and others [Contempt Petition(C) No. 34/2016 In Writ Petition (Criminal) No.5/2015] [09.10.2020] – Contempt Petition – Performance of Memorandum of Settlement – Directions of Court Brief: The Supreme Court in the present petition has refused to initiate contempt proceedings for not following its previous order/directions and Memorandum of Settlement towards a developmental project. The Petitioner

Supreme Court direct parties to perform their obligations under the Memorandum of Settlement and warns of Contempt in case of failure Read More »