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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 BEML Limited's Challenge to Disqualification in Nagpur Metro Tender. Court upholds tender evaluation committee's decision to disqualify BEML for not meeting eligibility criteria under the tender conditions.

The petitioner, BEML Limited, a Central Public Sector Undertaking, challenged the decision of respondent no.1, Nagpur Metro Rail Corporation Limited (...

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Bombay High Court Allows Petition Challenging Cancellation of BUMS Admission on Equitable Grounds. Court Directs Respondents to Consider Petitioner's Case Sympathetically Despite Eligibility Shortfall Under Indian Medicine Central Council Act, 1970 and Regulations.

The petitioner, Ms. Asma Amin Siddiqui, challenged the cancellation of her admission to the Bachelor of Unani Medicine and Surgery (BUMS) course at Mo...

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Bombay High Court Dismisses Bayer's Challenge to Compulsory License for Nexavar Under Section 84 of Patents Act, 1970. Court Holds That Patentee's Import of Drug at High Price Does Not Satisfy Reasonable Requirements of Public or Constitute Working of Invention in India.

The petitioner, Bayer Corporation, a US-based pharmaceutical company, held a patent for the drug Sorafenib Tosylate, sold under the brand name Nexavar...

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Bombay High Court Dismisses Revenue's Appeal in Slump Sale Case. Transfer of IMFL Business as Going Concern Not Subject to Capital Gains Tax Under Income Tax Act, 1961.

The case involves an appeal by the Revenue under Section 260A of the Income Tax Act, 1961 against an order of the Income Tax Appellate Tribunal (ITAT)...