Supreme Court’s key rulings this week cover POCSO, Article 226, arbitration, human rights, environmental clearances, corporate criminal liability, food labelling and insolvency, with important legal principles clarified across these areas.
Read Full ArticleThe 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 reconstituted firm cannot retain the assets without settling the outgoing partner’s share.
NCLAT dismisses Vedanta’s plea against Adani’s ₹57,000 crore JAL resolution plan, upholds CoC decision, and rejects post-bid addendum challenge.
Karnataka High Court rules that LLP disputes must go to arbitration under Section 23(4) of the LLP Act, even when the partnership agreement has no arbitration clause.
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