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IBC Appeal Limitation Runs From NCLAT Order Pronouncement, Not Certified Copy Receipt: SC [Read Judgment]
Judiciary
IBC Appeal Limitation Runs From NCLAT Order Pronouncement, Not Certified Copy Receipt: SC [Read Judgment]

The Supreme Court dismissed a tax department’s IBC appeal as time-barred, holding that limitation runs from NCLAT’s pronouncement and delayed certified-copy applications cannot extend the 60-day limit.

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Suit Barred By Order II Rule 2(3) CPC Must Be Rejected At The Threshold, Even Without Trial: Calcutta HC [Read Judgment] Judiciary
Suit Barred By Order II Rule 2(3) CPC Must Be Rejected At The Threshold, Even Without Trial: Calcutta HC [Read Judgment]

Calcutta High Court bars share transfer cancellation suit under Order II Rule 2 CPC, ruling outsider share purchase agreements are not shareholders’ agreements.

SC This Week: Key Rulings On Criminal Law, Victims’ Rights And Service Matters Judiciary
SC This Week: Key Rulings On Criminal Law, Victims’ Rights And Service Matters

Supreme Court weekly roundup with 7 key rulings on victim's right to speedy trial, circumstantial evidence, insurance portals, breach of trust and women's safety.

SC Declines PIL On Alleged JKM Infra Banking Fraud, Leaves ED, SFIO, CBI, RBI Free To Act Judiciary
SC Declines PIL On Alleged JKM Infra Banking Fraud, Leaves ED, SFIO, CBI, RBI Free To Act

The Supreme Court declined to entertain a PIL alleging banking fraud at JKM Infra Projects, while clarifying that ED, SFIO, CBI and RBI may act on the allegations.

Centre Can Authorise Officer To File Companies Act Fraud Complaint Alongside SFIO: SC [Read Order] Judiciary
Centre Can Authorise Officer To File Companies Act Fraud Complaint Alongside SFIO: SC [Read Order]

Supreme Court dismisses the Centre’s review plea and clarifies that the Union Government can authorise a Central Government officer to institute a Companies Act fraud complaint in addition to the SFIO Director under Section 212(6).

NCLT Sends Bira, Creditors To Mediation, Warns No Further Indulgence If Talks Fail [Read Order]

NCLT Delhi directs B9 Beverages, its promoters, financiers and creditors to attempt mediation, warns against further indulgence if settlement fails and restrains disposal of company assets.

Can Money Spent On A Girlfriend Be Reclaimed After A Breakup? Singapore HC Answers [Read Judgment]

Singapore High Court dismisses a CEO’s $468,000 claim against his former girlfriend, holding that the disputed expenses were gifts made during their relationship and not repayable loans.

Piyush Goyal Calls for BRICS Payment System Linkages and Local-Currency Trade Ahead of New Delhi Summit

Piyush Goyal urges BRICS members to link payment systems, expand local-currency trade and improve digital commerce as India hosts the 18th BRICS Summit in New Delhi.

Outgoing Partner’s Share Must Reflect Current Value Of Firm’s Assets: SC [Read Judgment]

The Supreme Court held that an outgoing partner’s share in a dissolved firm’s immovable assets must be valued at the time of final assessment, not frozen at the date of dissolution, and that a rec...

Company Can Face Mens Rea Prosecution Without Employee Being Arraigned : SC [Read Judgment]

The Supreme Court held that criminal proceedings against a company cannot be quashed merely because no natural person has been identified or arraigned, laying down a three-stage framework for attribut...

SC Pulls Up DLF, Haryana Over Road Deviation in Gurugram's Primus Project, Extends CBI Probe [Read Order]

The Supreme Court pulled up DLF and Haryana over deviations in the 24-metre road at Gurugram's DLF Primus project and directed the CBI to expedite its preliminary enquiry.

Homebuyers Cannot Be Penalised For Developer’s Default: Supreme Court Waives NOIDA’s Time Extension Charges [Read Judgment]

The Supreme Court has held that homebuyers and a Successful Resolution Applicant cannot be penalised for a developer’s default, waiving NOIDA’s time extension charges and setting aside the NCLAT d...

SC Revives Auction Sale Of Land, Says Title Dispute Cannot Be Decided Summarily

The Supreme Court revived the auction sale of 40.65 acres of land, holding that a genuine title dispute over alleged assigned land cannot be resolved through summary proceedings.

SC Quashes Tata Steel GST Notice, Says Bland Suppression Claims Can't Extend Limitation

The Supreme Court has quashed a GST show cause notice against Tata Steel, holding that extended limitation under Section 74 cannot be invoked through mere allegations of suppression without foundation...

Delhi High Court Directs Refund of Over ₹53 Crore to Vodafone Idea

Delhi High Court directs refund of over ₹53 crore to Vodafone Idea, holding that Form 26B cannot be insisted upon for refunds arising from assessment or appellate orders.

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