New Delhi, India  

Insolvency and Bankruptcy Act

Supreme Court This Week: Key Rulings You Should Know
Judiciary
Supreme Court This Week: Key Rulings You Should Know

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 Article

Loan Paid To Director’s Personal Account Is Not Company’s Financial Debt: NCLT Chennai [Read Order] Judiciary
Loan Paid To Director’s Personal Account Is Not Company’s Financial Debt: NCLT Chennai [Read Order]

NCLT Chennai dismissed a Section 7 IBC plea, holding that a loan paid to a director’s personal account is not a company’s financial debt without proof of corporate borrowing or use of funds for its business.

Homebuyers Cannot Be Penalised For Developer’s Default: Supreme Court Waives NOIDA’s Time Extension Charges [Read Judgment] Judiciary
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 direction treating them as CIRP costs.

Supreme Court This Week: Key Rulings You Should Know Judiciary
Supreme Court This Week: Key Rulings You Should Know

Supreme Court weekly roundup featuring 10 key rulings on IBC, corruption, FIRs, SC/ST Act, senior citizens, elections, motor accident compensation and service law.

Exemption From Attachment of Judgment-Debtor's House Does Not Extend to Legal Heirs : SC [Read Judgment] Judiciary
Exemption From Attachment of Judgment-Debtor's House Does Not Extend to Legal Heirs : SC [Read Judgment]

Supreme Court holds that the Section 60(1)(ccc) CPC exemption protecting a judgment-debtor's residential house from attachment is personal and cannot be claimed by legal representatives.

Uncrystallized Damages From Breach of Contract Not Operational Debt Under IBC : SC [Read Judgment]

Supreme Court holds that suspension, idling and demobilization damages from a contract breach do not constitute operational debt under the IBC unless crystallized by a competent court or arbitral trib...

Delhi HC Rejects Civil Suit Challenging CIRP, Affirms NCLT’s Exclusive Jurisdiction Under IBC [Read Judgment]

Delhi High Court dismisses civil suit challenging CIRP, holds NCLT has exclusive jurisdiction under IBC, bars parallel civil proceedings.

SC upholds resolution plan by JSW Steel for Bhushan Power & Steel Ltd [Read Judgment]

SC upholds JSW Steel’s ₹19,700 Cr resolution plan for Bhushan Power & Steel, rejecting ex-promoters’ plea and reinforcing IBC’s finality.

Unfair to deny flat buyer's claim after publication of financial creditors list under IBC: SC [Read Judgment]

SC: Unfair to deny flat buyer’s claim once listed as financial creditor under IBC; directs handover of apartment within two months.

TRENDING NEWS


ADVERTISEMENT



New Release

Senior Citizens Rights Handbook

The Senior Citizen Rights Handbook is a comprehensive guide designed to empower elderly citizens with clear and accessible knowledge of their legal and social rights in India.

Join Group

Signup for Our Newsletter

Get Exclusive access to members only content by email