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Supreme Court Upholds NCLAT Decision on Limitation in Insolvency Petition Initiated by Financial Creditor. Application Under Section 7 of Insolvency and Bankruptcy Code, 2016 Held Within Limitation After Excluding Time Spent in SARFAESI Proceedings Under Section 14(2) of Limitation Act, 1963.

The appeal arose from a judgment of the National Company Law Appellate Tribunal (NCLAT) dismissing an appeal against an order of the National Company ...

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Supreme Court Upholds Consumer Commission's Compensation Award Against Builder for Delayed Possession in Housing Project. Builder's 'Endeavour' Clause Interpreted as Requiring Reasonable Efforts, and Contractual Compensation Rate Held Unfair Under Consumer Protection Act, 1986.

The dispute arose from a delayed housing project where the builder, NBCC (India) Limited, failed to hand over possession of a residential unit to the ...

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Supreme Court Modifies High Court Order on Withdrawal of Enhanced Compensation in Land Acquisition Case. Appellant Acquiring Body Directed to Deposit 100% Enhanced Compensation; Claimants Permitted to Withdraw 25% Without Security, Balance 75% to be Invested in Fixed Deposit.

The case arises from a land acquisition in 1996 where the Reference Court enhanced compensation after about 17 years. The acquiring body, Nayara Energ...

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Supreme Court Upholds International Arbitral Award in Coal Supply Dispute — Damages Awarded for Breach of Contract. Division Bench of Delhi High Court Erred in Setting Aside Majority Award Under Section 37 of Arbitration and Conciliation Act, 1996 as Findings Were Plausible and Not Perverse.

The Supreme Court of India heard an appeal against a Division Bench judgment of the Delhi High Court that had set aside a majority international arbit...

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Supreme Court Allows Builder's Written Statement Filed Beyond 45 Days in Consumer Case Due to COVID-19 Extension of Limitation. The Court held that the suo motu order extending limitation during the pandemic overrides the statutory bar under Section 38 of the Consumer Protection Act, 2019.

This batch of civil appeals arose from an order of the National Consumer Disputes Redressal Commission (National Commission) dated 07.09.2020, which r...