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Insolvency and Bankruptcy Code (IBC)

SC Allows Lifting of Corporate Veil in Holding Company CIRP to Include Subsidiary Assets; Restores Earth Infrastructure Resolution Plans [Read Judgment]
Judiciary
SC Allows Lifting of Corporate Veil in Holding Company CIRP to Include Subsidiary Assets; Restores Earth Infrastructure Resolution Plans [Read Judgment]

Supreme Court allows lifting of corporate veil in Earth Infrastructure CIRP, restores stalled project resolution plans, and denies GNIDA penal charges.

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NCLAT Dismisses Vedanta’s Challenge to Adani’s Resolution Plan for Jaiprakash Associates Judiciary
NCLAT Dismisses Vedanta’s Challenge to Adani’s Resolution Plan for Jaiprakash Associates

NCLAT dismisses Vedanta’s plea against Adani’s ₹57,000 crore JAL resolution plan, upholds CoC decision, and rejects post-bid addendum challenge.

SC Refuses Stay on Adani’s JAL Plan; NCLAT to Hear Vedanta Appeal Business
SC Refuses Stay on Adani’s JAL Plan; NCLAT to Hear Vedanta Appeal

Supreme Court refuses to stay Adani’s JAL resolution plan, asks NCLAT to hear Vedanta’s appeal on priority in the high-stakes insolvency dispute.

Vedanta Approaches SC to Halt Adani’s Jaypee Takeover Under Insolvency Plan Business
Vedanta Approaches SC to Halt Adani’s Jaypee Takeover Under Insolvency Plan

Jaypee takeover row reaches Supreme Court as Vedanta challenges Adani’s JAL resolution plan, citing higher bid and value maximisation issues.

High Courts Cannot Nullify Arbitration Proceedings While Substituting Arbitrators: SC [Read Order] Judiciary
High Courts Cannot Nullify Arbitration Proceedings While Substituting Arbitrators: SC [Read Order]

Supreme Court rules High Courts cannot nullify arbitration proceedings while appointing substitute arbitrators under Section 15(2) of the Arbitration Act.

SC Upholds Joint Insolvency Proceedings Against Interlinked Real Estate Companies [Read Judgment]

Supreme Court upholds joint insolvency proceedings against interlinked real estate companies, allowing a single IBC petition for linked projects.

SC Invokes Article 142 to Revive Noida’s Stalled Supernova Project, Replaces IRP and CoC with Court-Appointed Committee [Read Order]

Supreme Court invokes Article 142 to revive Noida’s stalled Supernova project, replaces IRP and CoC, and appoints a court-monitored committee.

SC Holds Defective Affidavit In IBC Is Curable, Not Fatal To Petition [Read Judgment]

Supreme Court holds that a defective affidavit in a Section 7 IBC application is a curable irregularity, not grounds for rejection, and stresses mandatory notice requirements.

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.

SC recalls May 2 judgment scrapping JSW Steel's resolution plan for Bhushan Power and Steel Ltd

SC recalls its May 2 verdict cancelling JSW Steel’s ₹19,300 Cr resolution plan for Bhushan Power; matter to be heard afresh on August 7.

SC orders status quo on liquidation of Bhushan Power & Steel Ltd [Read Order]

SC orders status quo on Bhushan Power & Steel liquidation, giving JSW Steel time to file review plea over Rs 19,700-crore resolution plan.

Company in moratorium under IBC; director can't be prosecuted for cheque dishonour: SC [Read Judgment]

Director can’t be prosecuted for cheque bounce if company is under moratorium under IBC, as management shifts to IRP, limiting repayment capacity: SC

TRENDING NEWS

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Trending Judiciary
Wife’s Pursuit of Professional Career Cannot Be Branded as Matrimonial Cruelty or Desertion: SC [Read Judgment]

Supreme Court held that a wife pursuing her career cannot be termed cruel or accused of desertion, calling such views patriarchal and regressive.

13 May, 2026 05:46 PM
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Trending Business
SC Refuses Relief to Pawan Kumar Ahluwalia in KJS Cement Shareholding Dispute; NCLAT Order Upheld [Read Order]

Supreme Court dismisses Pawan Kumar Ahluwalia’s appeal in KJS Cement dispute, upholding NCLAT’s share restoration order.

13 May, 2026 06:07 PM
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Trending Judiciary
“Deliberate Institutional Blindness”: Jharkhand High Court Slams Illegal Mining in Hazaribagh, Issues 15 Sweeping Directions [Read Order]

Jharkhand High Court issues 15 directions on illegal mining in Hazaribagh, holding continued inaction despite surveillance violates Article 21.

13 May, 2026 04:17 PM
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Trending CelebStreet
Punjab and Haryana HC Lifts Ban on ZEE5 Documentary on Lawrence Bishnoi, Sets Aside Centre’s Advisory [Read Order]

Punjab and Haryana High Court lifts ban on ZEE5’s Lawrence Bishnoi documentary, quashes Centre’s advisory over lack of legal basis.

13 May, 2026 03:33 PM
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Trending Judiciary
No Offence Under SC/ST Act If Alleged Casteist Abuse Occurred Inside Private House: SC [Read Judgment]

Supreme Court rules SC/ST Act offence is not made out if alleged casteist abuse occurred inside a private house without public view.

14 May, 2026 03:16 PM
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Trending Political NEWS
Can Mamata Banerjee Wear Advocate’s Robes in Court? BCI Seeks Clarification From West Bengal Bar Council [Read Letter]

BCI seeks details on Mamata Banerjee’s advocate status after her appearance in lawyer’s robes before the Calcutta High Court.

14 May, 2026 06:06 PM

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