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National Company Law Appellate Tribunal Considers Appeal Against Admission of Coffee Day Enterprises to CIRP Under Section 7 of Insolvency Code. Appeal Raises Questions on the Validity of Debenture Trustee's Action and Limitation Period Based on Debenture Trust Deed Provisions.

The appeal arose from an order of the NCLT Bengaluru Bench admitting Coffee Day Enterprises Limited (the corporate debtor) into Corporate Insolvency R...

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Supreme Court Allows Secured Creditor's Appeal in Customs Duty Priority Dispute Over Wound-Up Company's Hypothecated Goods. Held that customs authorities do not have priority over secured creditors under Section 529A of Companies Act, 1956 for sale of warehoused goods under Customs Act, 1962.

The appeal by Industrial Development Bank of India (IDBI) challenged the judgment of the Andhra Pradesh High Court which held that customs authorities...

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Bombay High Court Hears Arguments on Constitutional Validity of Shivraj Fine Art Litho Works (Acquisition and Transfer of Undertaking) Act, 1984 — Matter Remains Undecided in Provided Text. Petitioner Contended Act Lacked Nexus with Directive Principles and Was Not Protected Under Article 31C.

The petitioners, M/s Shivraj Fine Art Litho Works, a partnership firm, challenged the constitutional validity of the Shivraj Fine Art Litho Works (Acq...

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Bombay High Court Dismisses Stay Application in Arbitration Matter — Consent Order Not Stayed as No Prima Facie Case Made Out. Court held that a consent order passed under Section 9 of the Arbitration and Conciliation Act, 1996 cannot be stayed unless fraud or lack of jurisdiction is shown.

The petitioner, Tata Capital Financial Services Limited, a non-banking finance company, had sanctioned an invoice discounting facility of Rs. 20,00,00...

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High Court of Judicature at Bombay Removes Interim Application and Treats Guardianship Petition as One under Clause XVII of Letters Patent. Disposal of Interim Application No. 1768 of 2025 on 24 April 2025 Leads to Removal from Board.

The High Court of Judicature at Bombay, presided over by Justice Abhay Ahuja, took up Guardianship Petition No. 8 of 2025 along with Interim Applicati...

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Supreme Court Allows Appeal by Accused in Dacoity Case, Converts Conviction to Section 411 IPC Based on Insufficient Presumption. Recovery of Stolen Cloth from Cloth Merchant Not Sufficient to Infer Participation in Dacoity Under Illustration (a) of Section 114 Evidence Act, 1872.

The case arose from a dacoity in which cloth, ornaments, and cash were stolen from a shop. The appellant, Sheo Nath, was a cloth merchant whose house ...