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Supreme Court Upholds NCLAT Decision on Mandatory 75% Voting Share for Resolution Plan Approval Under I&B Code. Financial Creditors' Rejection of Resolution Plan for Kamineni Steel & Power India Pvt. Ltd. and Innoventive Industries Ltd. Leads to Liquidation as Plan Did Not Garner Required Majority.

The Supreme Court of India heard appeals arising from a common judgment of the National Company Law Appellate Tribunal (NCLAT) dated 6 September 2018,...

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High Court of Karnataka at Bengaluru considers batch of income tax appeals under Section 260-A of the Income Tax Act, 1961 challenging ITAT orders for assessment years 2001-02 to 2004-05. Assessee and Revenue both seek to set aside the ITAT decisions and frame substantial questions of law.

The High Court of Karnataka at Bengaluru dealt with a batch of income tax appeals filed under Section 260-A of the Income Tax Act, 1961. The appeals a...

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High Court of Judicature at Bombay Aurangabad Bench Hears First Appeals Against Common Decree in Two Special Civil Suits; Dispute Involves Recovery for Liquor Supplies and Refund of Security Deposit, Raising Issues of Adjustment, Burden of Proof, and Competency to Sue

These three first appeals under Section 96 of the Code of Civil Procedure, 1908 arise from a common judgment dated 11-10-1999 by the 4th Joint Civil J...

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Bombay High Court Dismisses Petition Challenging Demotion Order of Headmaster for Negligence as Moderator — School Tribunal's Order Upheld as Consent Terms Permitted Institution to Lead Evidence and Prove Misconduct.

The petitioner, Abdul Karim Sadruddin Makandar, was appointed as an Assistant Teacher in the Anglo Urdu High School at Aurwad on 12 June 1972 and was ...

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Bombay High Court Allows Appeal by Land Acquisition Officer and Konkan Railway Corporation, Reducing Compensation for Acquired Land from Rs. 45 to Rs. 30 per sq m. Sale Deed of Acquired Land Itself Held to Be Best Evidence for Market Value Determination Under Land Acquisition Act, 1894.

The case arises from a land acquisition proceeding initiated by the Government for the Konkan Railway Corporation Ltd. under the Land Acquisition Act,...