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NCLAT Dismisses Appeal Against Rejection of Section 7 Application for CIRP — Claimants Failed to Prove Debt and Default. The Tribunal held that the Appellants did not establish the existence of a financial debt or default, and the application was barred by limitation.

The present appeal was filed by Vistra ITCL (India) Limited, Pratiti Trading Private Limited, and Gajendra Investment Limited (Appellants) against the...

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WRIT PETITION NO.1940 OF 1999

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Supreme Court Adjudicates Appeal by Subsequent Purchasers Against Decree of Specific Performance of Agreement to Sell. High Court's Ruling That Original Vendees Were Entitled to Specific Performance Despite Contract Termination and Subsequent Sale Is Under Review.

These appeals before the Supreme Court arose from a common judgment of the High Court of Karnataka which allowed two appeals filed by the original ven...

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Supreme Court Upholds Cancellation of Default Bail in NDPS Case Due to Prior Filing of Combined Complaint. The right to default bail under Section 167(2) CrPC is extinguished once a complaint is filed within the statutory period, even if the court granting bail is unaware of such filing.

The Supreme Court dismissed three appeals challenging the High Court's order cancelling default bail granted to the appellants under Section 167(2) Cr...

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Bombay High Court Dismisses Petitioner's Challenge to Tender Process for Sale of Sugar and Scrap. Court Holds That No Vested Right Accrues to Highest Bidder Until Contract Is Awarded, and Tender Inviting Authority Has Discretion to Cancel or Modify Tender Process.

The petitioner, Shivram Enterprises, filed a writ petition challenging the tender process conducted by respondent no. 2, Sanjivani Sahakari Sakhar Kar...

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High Court of Karnataka Allows Appeal in Specific Performance Suit — Agreement of Sale Not Proved as Genuine and Enforceable. Plaintiff Failed to Establish Readiness and Willingness to Perform Contract Under Section 16(c) of Specific Relief Act, 1963.

The appeal arises from a suit for specific performance of an agreement of sale dated 12.04.2005. The plaintiff (respondent No.1) claimed that defendan...