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Supreme Court Restores NCLT Order Admitting Section 7 Application in Insolvency Case — NCLAT Erred in Rejecting Evidence of Outstanding Debt. The Court held that admissions made by a corporate debtor in a counter affidavit from a withdrawn petition can be relied upon in a subsequent Section 7 application under the Insolvency and Bankruptcy Code, 2016....

The case involves an appeal by SREI Equipment Finance Limited (the financial creditor) against an order of the National Company Law Appellate Tribunal (NCLAT) that set aside the admission of its appli...

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Supreme Court Directs Fresh Consideration of Premature Release for Kidnapping Convicts - State's Mechanical Rejection of Probation Violates Statutory Mandate and Judicial Orders. The Court held that the State must consider antecedents and conduct in prison under Section 2 of the UP Prisoners Release on Probation Act, 1938, and not extraneous factors....

The Supreme Court heard two special leave petitions filed by Satish and Vikky, who were convicted under Section 364A IPC for kidnapping for ransom and sentenced to life imprisonment. Their appeals wer...

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Supreme Court Allows Club's Appeal in Wealth Tax Case — Club Not Liable as Association of Persons Under Section 21AA of Wealth Tax Act. Members' Shares in Assets on Winding-Up Are Determinate Under Club Rules, and Club's Non-Commercial Character Excludes It from 'Association of Persons' in Taxing Statutes....

The Supreme Court allowed the appeals filed by Bangalore Club against the judgment of the Karnataka High Court, which had held the Club liable to pay wealth tax under the Wealth Tax Act, 1957. The dis...

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Supreme Court Allows Appeal Against Execution of Arbitration Award as Specific Performance of Agreement for Sale. Arbitration Award Only Fixed Land Price; Executing Court Could Not Direct Sale Deed Execution Beyond Award's Scope....

The Supreme Court allowed the appeal filed by Firm Rajasthan Udyog and its partners against Hindustan Engineering & Industries Ltd. The dispute originated from a land acquisition proceeding initiated ...

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Supreme Court Allows State's Appeal, Upholds Rejection of Bid for Suppression of Material Facts in Public Tender. Bidder's Failure to Disclose FIR and Charge Sheet for Bridge Collapse Constitutes Fraudulent Practice Under N.I.T. Clauses....

The Supreme Court of India heard appeals by the State of Madhya Pradesh against a High Court judgment that had set aside the rejection of U.P. State Bridge Corporation Ltd.'s (UPSBC) bid in a public t...

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Supreme Court Grants Anticipatory Bail to Former Police Officer in 29-Year-Old Murder Case. Court holds that custodial interrogation not required when appellant cooperates with investigation and no direct evidence links him to murder....

The Supreme Court considered an appeal against the dismissal of an anticipatory bail application by the High Court of Punjab and Haryana. The appellant, Sumedh Singh Saini, a former Director General o...

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Supreme Court Allows Appeals Against NCLAT Remand in IBC Resolution Plan Dispute — Commercial Wisdom of Committee of Creditors Non-Justiciable. The court restored NCLT's approval of resolution plan under Section 31 of IBC, holding that viability and feasibility are business decisions not subject to judicial review....

The case involves appeals by the financial creditor, Karad Urban Cooperative Bank Ltd., and the Resolution Professional against an order of the National Company Law Appellate Tribunal (NCLAT) dated 02...

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Supreme Court Dismisses Petition of Directly Recruited District Judges Seeking Elevation as High Court Judges by Clubbing Advocate Experience with Judicial Service. Article 217(2) of the Constitution Prescribes Separate Eligibility Criteria for Judicial Officers and Advocates, Which Cannot Be Combined....

The petitioners, eight directly recruited District Judges in Tamil Nadu, sought elevation as High Court judges. They argued that their experience as advocates (ranging from 8.5 to over 10 years) shoul...