Commercial Wisdom of CoC – The Supreme Court reaffirmed the paramount status of the Committee of Creditors’ (CoC) commercial wisdom in approving resolution plans under IBC. The National Company L...
Valuation of Shares – The Supreme Court affirmed the High Court’s valuation of shares at ₹640 per share, rejecting the State’s objections. The dispute arose from the 1973 transfer of shares f...
Constitution of India, 1950 (COI) – Article 142 – Supreme Court exercised its discretionary power to grant compensation under the 2013 Act considering the peculiar facts, despite rejecting...
Res Judicata Applicability – Principles of res judicata apply to quasi-judicial authorities. A Competent Authority’s findings bind parties unless set aside in appeal/revision. (Paras 11–12, r...
Major Acts and Provisions: Judges Protection Act, 1985 (JPA 1985) – Para 4 Madhya Pradesh Land Revenue Code, 1959 – Section 57(2) – Para 4 Constitution of India (COI) – Jud...
The National Company Law Appellate Tribunal (NCLAT) allowed two appeals filed by the Resolution Professional (RP) and the largest financial creditor of GPT Steel Industries Limited, challenging orders...
A sudden fight without premeditation, even if leading to death, does not constitute murder under Section 302 IPC but falls under Section 304 IPC. Testimony of interested witnesses cannot be discarded ...
Delay in government litigation should not be condoned automatically, but a liberal approach may be taken when public interest is involved. Substantial justice should prevail over technicalities, parti...
Unlawful Assembly Requires Participation – Mere presence in a riot-affected area does not automatically make a person part of the unlawful assembly unless an overt act or common object is establishe...
Statutory dues not forming part of the approved Resolution Plan stand extinguished, and no fresh claims can be raised post-approval. A successful Resolution Applicant must be allowed to restart the Co...
