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Supreme Court Allows Appeal in IBC Limitation Dispute — Application Under Section 7 Held Barred by Limitation. Acknowledgment of Debt in Balance Sheets Does Not Extend Limitation for Initiating CIRP Under IBC.

The Supreme Court allowed the appeal filed by Babulal Vardharji Gurjar, a director of Veer Gurjar Aluminium Industries Pvt. Ltd., against the order of...

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Supreme Court Allows Appeal in Execution Proceedings — Possessory Title Not Required for Restoration Under Order XXI Rules 98-100 CPC. High Court erred in ordering restoration of possession without determining whether respondent had any right to possession under Order XXI Rules 98-100 CPC.

The Supreme Court considered an appeal against the judgment of the Calcutta High Court which had allowed the appeal of the respondent (Lt. Col. Nahar ...

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Supreme Court Upholds Conviction of Appellant in Murder Case Based on Injured Eyewitness Testimony. Sole Testimony of Injured Eyewitness Sufficient for Conviction Under Section 304 Part II/34 IPC When Credible and Reliable.

The case pertains to an incident on 18th June, 1995, during a Jagjit Singh night program in Nainital, where the deceased Rajesh Sah intervened when so...

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Supreme Court Upholds Territorial Limitation of Sales Tax Exemption After State Bifurcation. Benefit of exemption/deferment granted under unified Madhya Pradesh is confined to the state where the industrial unit is located and does not extend to inter-state transactions with the other successor state.

The Supreme Court considered a batch of appeals arising from the bifurcation of the State of Madhya Pradesh into the reorganised State of Madhya Prade...

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Supreme Court Allows Appeal in Income Tax Case: Subscriptions Received Under Collective Investment Schemes Held to be Capital Receipts Not Income. Peerless General Finance's Subscriptions Not Forfeited During Assessment Years, Hence Not Taxable as Income.

The appeal arose from a dispute between The Peerless General Finance and Investment Company Ltd. (appellant) and the Commissioner of Income Tax (respo...

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Supreme Court Partially Allows State Appeal in Free Fight Murder Case - Conviction of Accused Ramavtar Altered from Section 304 Part II to Section 304 Part I IPC. Single Fatal Blow on Head with Blunt Side of Farsa Leads to Enhanced Sentence Under Section 304 Part I IPC.

The State of Madhya Pradesh appealed against the High Court's judgment dated 18.11.2008 in Criminal Appeal No. 43 of 1997, which had partly allowed th...