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Supreme Court Dismisses Appeals by Appellants -- Upholds Committee of Creditors' Approval of Sarda Energy and Minerals Limited's Resolution Plan Under Insolvency and Bankruptcy Code, 2016 -- Doctrine of Commercial Wisdom Affirmed in Insolvency Resolution

The Supreme Court upheld the approval of a Resolution Plan by Sarda Energy and Minerals Limited (SEML) for SKS Power Generation (Chhattisgarh) Ltd. un...

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Bombay High Court Dismisses Writ Petition Challenging SARFAESI Auction Sale Due to Alternative Remedy and Suppression of Facts. Petitioner, a Director and Shareholder of Mortgagor Company, Failed to Disclose Rejection of OTS and Auction Sale, Leading to Dismissal with Costs.

The petitioner, Ms. Archana Wani, a director and shareholder of respondent No. 5 (N. Kumar Housing and Infrastructures), filed a writ petition under A...

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Bombay High Court Dismisses Petition Challenging Officiating Appointment and Extensions for Chief Electrical Engineer Post. Seniority and Eligibility for Promotion Under Goa Electricity Department Recruitment Rules Examined.

The case involves a challenge by Laxmikant D. Kolvekar, the Chief Electrical Engineer (officiating), against the State of Goa and others regarding the...

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High Court of Bombay Examines Writ Petition Against Tender Reinvitation for Runway Work; Arbitrary Change in 'Similar Work' Definition Alleged to Exclude Lowest Bidder

The petitioner, M/s. J. M. Mhatre Infra Private Limited, filed a writ petition under Article 226 of the Constitution of India challenging the decision...