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Supreme Court Allows Appeal in IBC Section 7 Application — Cumulative Redeemable Preference Shares Held as Debt, Not Investment. The Court held that CRPS constitute a debt under Section 3(11) of IBC, 2016, and the appellant is a financial creditor entitled to file an application under Section 7.

The appeal arises from the dismissal of the appellant's application under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) by the NCLT and ...

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Supreme Court Strikes Down Caste-Based Discrimination in Prison Manuals as Unconstitutional. Prison Rules Dividing Labour and Segregating Barracks by Caste Violate Articles 14, 15, 17, 21, and 23 of the Constitution.

The petitioner, Sukanya Shantha, a journalist, filed a writ petition under Article 32 of the Constitution seeking directions for the repeal of offendi...

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Supreme Court Reinstates Bank's Disciplinary Action Against Employee for Negligence in Cash Handling. High Court's Interference with Departmental Inquiry Findings Set Aside as Judicial Review Limited to Procedural Fairness and Perversity Under UCO Bank Regulations.

The Supreme Court considered an appeal challenging the High Court's decision that quashed disciplinary proceedings against a bank employee. The respon...

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Supreme Court Upholds International Arbitral Award in Coal Supply Dispute — Damages Awarded for Breach of Contract. Division Bench of Delhi High Court Erred in Setting Aside Majority Award Under Section 37 of Arbitration and Conciliation Act, 1996 as Findings Were Plausible and Not Perverse.

The Supreme Court of India heard an appeal against a Division Bench judgment of the Delhi High Court that had set aside a majority international arbit...

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Supreme Court Allows Appeal of Ex-Sepoy Discharged on Medical Grounds Without Invalidating Board. Discharge under Rule 13(3)(III)(iii) of Army Rules, 1954 requires Invalidating Board; failure renders discharge illegal.

The appellant, Ex-Sepoy (Washerman) Ram Khilawan, was enrolled in the Indian Army on October 23, 1987. He was placed in permanent Low Medical Category...

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Supreme Court Allows Appeal of Army Washerman Discharged on Medical Grounds Without Invalidating Board. Discharge under Rule 13(3)(III)(iii) of Army Rules, 1954 requires Invalidating Board recommendation; residual clause (v) inapplicable.

The appellant, Ex-Sepoy (Washerman) Ram Khilawan, was enrolled in the Indian Army on October 23, 1987. He was discharged from service on August 31, 19...