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Supreme Court Upholds High Court's Decision on Auction Sale: Statutory Violations Render Sale Null and Void. Despite recognizing significant procedural breaches, the Supreme Court offers the appellant a chance to retain the industrial property by settling liabilities.

The legality of an auction sale conducted by the Tahsildar and confirmed by the Additional Collector, which was later contested on the grounds of stat...

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Court Upholds PMC's Demolition Notices for Illegal Green Belt Constructions in Pune. Petitioners' Plea for Regularization Rejected; Costs Imposed for Violations of Environmental Regulations

The petitioners challenge the demolition notices issued by the Pune Municipal Corporation (PMC) for illegal structures built in the green belt zone on...

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Supreme Court Dismisses Appeal in Duty Drawback Interest Case, Upholding High Court's Award of Interest for Delayed Refund. Clarificatory Circulars Under Exim Policy Have Retrospective Effect, Making Contractor Eligible for Duty Drawback and Interest Under Sections 27A and 75A of Customs Act, 1962.

The dispute arose from the respondent's claim for duty drawback under the deemed export scheme for civil construction work in the Koyna Hydro Electric...

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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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Supreme Court Allows Tenants to Repair Dilapidated Building in Landlord's Eviction Case Under U.P. Urban Building Act. Tenants Granted Opportunity to Repair at Own Cost to Avoid Eviction Under Section 21(1)(b) of the Act.

The case involves a dispute between the landlord (respondent) and tenants (appellants) over a building in Almora, Uttarakhand. The landlord filed an a...

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Supreme Court Allows Appeal Against High Court Order Appointing Substitute Arbitrator in Contract Dispute. Court Holds That High Court Erred in Terminating Mandate of Arbitrator Appointed by Consent and in Deviating from Arbitration Clause Without Justification.

The appellant, Rajasthan Small Industries Corporation Limited, invited tenders for handling and road transportation of ISO containers and cargo. The r...

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High Court Directs Magistrate to Expeditiously Dispose Section 14 SARFAESI Application for Possession of Secured Asset. Financial Institution's Right to Take Possession of Mortgaged Property Upheld; Magistrate Directed to Pass Orders Within Two Weeks.

The petitioner, L & T Housing Finance Ltd., a financial institution registered under the National Housing Bank Act, 1987, and as a Securitization and ...

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Bombay High Court Dismisses Writ Petition Against AAIFR Order Dismissing Appeal as Time-Barred Under Section 25 of SICA. Limitation Period of 45 Days for Appeal Under Section 25 of Sick Industrial Companies (Special Provisions) Act, 1985 Is Mandatory and Cannot Be Extended.

The petitioner, Iccon Oil & Specialities Ltd., filed a writ petition before the Bombay High Court challenging an order dated 29 January 2008 passed by...