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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 Directs Deputy Director of Education to Decide on Shalarth Identity Grant for Approved Teacher. Administrative Inaction Cured by Court Order Directing Timely Decision on Pending Proposal.

The petitioner, Shri Yogesh Jaysing Patil, a teacher appointed at Sonyachi Shiroli High School, had his appointment and services approved by the Educa...

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Supreme Court Allows Appeal in Arbitration Case by Restoring Arbitral Award. High Court's Setting Aside of Award Under Section 37(1)(c) of Arbitration and Conciliation Act, 1996 Found Erroneous as It Exceeded Scope of Judicial Review.

The Supreme Court of India heard a civil appeal arising from a dispute between PSA Sical Terminals Pvt. Ltd., the appellant, and The Board of Trustees...

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High Court of Karnataka Allows Appeal by Union of India in Postal Life Insurance Claim Dispute — Policy Lapsed Due to Non-Payment of Premiums Before Death. The plaintiff failed to prove that the policy was in force at the time of the insured's death, as required under the Postal Life Insurance Rules.

The respondent, Smt. B.M. Uma, filed a suit for recovery of Rs.60,000/- with interest against the Union of India and the Chief Post Master General, cl...

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Bombay High Court Partially Upholds Arbitral Award in BOT Contract Dispute — Reduces Interest Rate from 18% to 12%. Court holds that arbitrator's findings on breach and damages are not patently illegal under Section 34 of the Arbitration and Conciliation Act, 1996.

The petitioner, Agarsons Container Terminals, filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996, challenging an arbitral...

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Bombay High Court Dismisses Petitioners' Challenge to Tender Cancellation in Public Works Contract. Court Holds That No Vested Right Arises Until Formal Acceptance of Bid, and Government Has Discretion to Cancel Tender in Public Interest.

The petitioners, Jai Laxmi Constructions and others, filed two writ petitions challenging the cancellation of a tender process and the issuance of a f...