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Supreme Court Dismisses Power Trust's Appeal Against CIRP Initiation for Appellant(s), Upholds NCLAT Order Admitting Section 7 IBC Application Due to Default and Non-Compliance with Restructuring Conditions

The Supreme Court dismissed an appeal challenging the initiation of corporate insolvency resolution process (CIRP) against Hiranmaye Energy Ltd. under...

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Bombay High Court Examines Whether Assault on Advocate at Police Station Amounts to Criminal Contempt. Bar Council's Contempt Petition Alleges Interference with Administration of Justice Under Section 2(c)(iii) of Contempt of Courts Act, 1971.

This contempt petition was filed by the Bar Council of Maharashtra and Goa, a statutory body under the Advocates Act, 1961, alleging criminal contempt...

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Gujarat High Court Allots Special Civil Application Challenging Baroda Cricket Association Election Candidates' Eligibility. Court Grants Ad-Interim Relief Permitting Voting but Restrains Counting of Votes Pending Final Disposal of Petition.

The present matter before the Gujarat High Court concerned a challenge to the candidature of four individuals for the posts of President, Secretary, a...

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Bombay High Court Dismisses Writ Petition Challenging RBI Circular on Resolution of Stressed Assets. Circular dated 12.02.2018 held to be valid and within RBI's powers under Sections 35A and 35AB of the Banking Regulation Act, 1949.

The petitioners, Jayaswal Neco Industries Limited and Jayaswal Holdings Private Limited, filed a writ petition under Article 226 of the Constitution o...

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Supreme Court Examines Bona Fides of Insolvency Proceedings by Telecom Service Providers to Avoid AGR Dues. The Court held that no fresh dispute on AGR dues can be raised after final judgment and that spectrum cannot be subject of IBC proceedings.

The Supreme Court was hearing miscellaneous applications in the ongoing litigation concerning the definition of Adjusted Gross Revenue (AGR) and the p...

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Supreme Court Allows Appeal in Arbitration Appointment Case — Withdrawal of Section 11 Petition Does Not Bar Fresh Application Under IBC. Order 23 Rule 1 CPC Not Applicable to Arbitration Petitions; Section 9 IBC and Section 11 Arbitration Act Seek Different Reliefs.

The Supreme Court allowed the appeal filed by M/s HPCL Bio-Fuels Ltd. against the judgment of the Bombay High Court which had appointed a sole arbitra...