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Supreme Court Allows Secured Creditor's Appeal in Priority Dispute Between SARFAESI Act and MSMED Act. SARFAESI Act's Express Priority Provisions Under Section 26E Prevail Over MSMED Act's Recovery Mechanism, as No Conflict Exists and Priority Must Be Expressly Provided.

The dispute arose from conflicting recovery claims under the SARFAESI Act and MSMED Act against a debtor, Mission Vivacare, which had defaulted on loa...

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Supreme Court Dismisses Convicts' Appeals on Premature Release Under Goa Prisons Rules, 2006 Due to Parole Period Exclusion. Period of Parole Counted as Remission Under Rule 335 and Excluded from Actual Imprisonment for Calculating 14-Year Requirement for Premature Release.

The dispute arose from convicts undergoing life imprisonment who applied for premature release under the Goa Prisons Rules, 2006, claiming they had co...

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Supreme Court Allows Appellant in Sabka Vishwas Scheme Case Due to Moratorium Under IBC. Payment Delay Caused by Legal Disability Under Section 14 IBC, Designated Committee Directed to Accept Payment and Issue Discharge Certificate Under Finance Act, 2019 Scheme.

The dispute arose from the appellant company's inability to pay a settlement amount of Rs.1,24,28,500/- under the Sabka Vishwas (Legacy Dispute Resolu...