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Supreme Court Allows Appeal in IBC Limitation Dispute — Application Under Section 7 Held Barred by Limitation. Acknowledgment of Debt in Balance Sheets Does Not Extend Limitation for Initiating CIRP Under IBC.

The Supreme Court allowed the appeal filed by Babulal Vardharji Gurjar, a director of Veer Gurjar Aluminium Industries Pvt. Ltd., against the order of...

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Bombay High Court Hears Writ Petition Challenging Constitutional Validity of Section 2(24)(xviii) of Income Tax Act, 1961. Petitioner contended that taxing capital subsidies as income violates Articles 14, 19, 246, 265 and 289 of Constitution; final decision not stated in available text.

Serum Institute of India Private Limited, a biotechnology company manufacturing drugs and vaccines with a plant at Hadapsar, Pune, filed the writ peti...

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High Court of Karnataka Upholds/Quashes (Outcome Not Specified) Circular and Seniority List in Reservation Promotions Dispute. Petitions by General Category Officers Challenging Implementation of Reservation in Promotions for SC/ST in KPTCL on Grounds of Non-Compliance with Supreme Court Directives.

These three writ petitions were filed by officers of the Karnataka Power Transmission Corporation Limited (KPTCL) belonging to the General Category, a...

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Supreme Court Upholds Limitation of Liability Clause in Arbitration Case — Clause 49.5 Bars Damages for Employer Delay. Contractual prohibition on claiming damages for employer-caused delay held valid and enforceable under the Arbitration and Conciliation Act, 1996.

The dispute arose from a construction contract between M/s. C & C Constructions Ltd. (appellant) and IRCON International Ltd. (respondent) for buildin...

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Madras High Court Allows Exclusion of Third Party Lands from Auction Sale in Company Liquidation — Official Liquidator Cannot Sell Properties Not Owned by Company. Applicants Established Title Through Patta and Chitta, Entitled to Exclusion Without Setting Aside Auction.

The case involves multiple company applications filed by S. Mahendran and K. Singili (applicants) against the Official Liquidator and the Administrato...

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Bombay High Court Considers Petition Challenging Draft Development Plan Publication and Extension Under Maharashtra Regional and Town Planning Act, 1966. Petitioners Allege Irregularities in Municipal Corporation's Substitution of Plan and Ex Post Facto Extension Under Section 26.

The matter pertains to a writ petition before the Bombay High Court, Aurangabad Bench, challenging the notification dated 04.02.2016 published under S...

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Bombay High Court Dismisses State's Challenge to MPSC's Refusal to Recommend Candidates for Teacher Posts Due to Age Bar — MPSC's Discretion to Prescribe Age Limit Upheld as Reasonable Classification Under Articles 14 and 16 of the Constitution.

The State of Maharashtra and its education authorities filed a writ petition challenging the decision of the Maharashtra Public Service Commission (MP...