Supreme Court allows lifting of corporate veil in Earth Infrastructure CIRP, restores stalled project resolution plans, and denies GNIDA penal charges.
Read Full ArticleNCLAT dismisses Vedanta’s plea against Adani’s ₹57,000 crore JAL resolution plan, upholds CoC decision, and rejects post-bid addendum challenge.
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.
Jaypee takeover row reaches Supreme Court as Vedanta challenges Adani’s JAL resolution plan, citing higher bid and value maximisation issues.
Supreme Court rules High Courts cannot nullify arbitration proceedings while appointing substitute arbitrators under Section 15(2) of the Arbitration Act.
Supreme Court upholds joint insolvency proceedings against interlinked real estate companies, allowing a single IBC petition for linked projects.
Supreme Court invokes Article 142 to revive Noida’s stalled Supernova project, replaces IRP and CoC, and appoints a court-monitored committee.
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.
SC: Unfair to deny flat buyer’s claim once listed as financial creditor under IBC; directs handover of apartment within two months.
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 Bhushan Power & Steel liquidation, giving JSW Steel time to file review plea over Rs 19,700-crore resolution plan.
Director can’t be prosecuted for cheque bounce if company is under moratorium under IBC, as management shifts to IRP, limiting repayment capacity: SC
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