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Supreme Court Allows Appeal in Insolvency Case Due to Absence of Financial Debt Against Pledgor. Petition Under Section 7 IBC Not Maintainable as No Disbursement Was Made to Corporate Debtor, and Pledge Alone Does Not Constitute Financial Debt Under Section 5(8) of Insolvency and Bankruptcy Code, 2016.

The appeal arose from a judgment of the National Company Law Appellate Tribunal (NCLAT) dismissing an appeal against an order of the Adjudicating Auth...

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Bombay High Court Quashes Summoning of Insurance Company Employees for Election Duties. Government Company Not a Local Authority Under Section 29 of Representation of the People Act, 1950.

The petitioner, The Oriental Insurance Company Limited, a Government company registered under the Indian Companies Act, 1913, filed a writ petition ch...

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Bombay High Court Upholds Eviction Under Public Premises Act for Subletting Without Consent. Life Insurance Corporation's Eviction Order Against Tenant's Legal Heirs Confirmed as Subletting to Private Companies Constitutes Unauthorised Occupation.

The case involves an appeal against an eviction order passed under the Public Premises (Eviction of Unauthorised Occupants) Act, 1971. The Life Insura...