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Supreme Court Upholds NCLAT Decision on Mandatory 75% Voting Share for Resolution Plan Approval Under I&B Code. Financial Creditors' Rejection of Resolution Plan for Kamineni Steel & Power India Pvt. Ltd. and Innoventive Industries Ltd. Leads to Liquidation as Plan Did Not Garner Required Majority.

The Supreme Court of India heard appeals arising from a common judgment of the National Company Law Appellate Tribunal (NCLAT) dated 6 September 2018,...

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Bombay High Court Allows Tool Checkers' Merger with Retrospective Effect in Service Law Dispute. Central Administrative Tribunal's direction for prospective merger of cadres set aside, holding that merger must be effective from 25th June 1985.

The judgment concerns four writ petitions filed by employees of the Union of India, primarily Tool Checkers, challenging the order of the Central Admi...