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Supreme Court Quashes NCLT Approval and NCLAT Judgment in Bhushan Power CIRP, Remands for Fresh Resolution Plan. Approved Plan Set Aside Due to Inordinate Delay, Illegal Extension Clause, Waterfall Violation, and Non-Compliance with IBC Provisions Including Sections 30, 31, and 53.

The Supreme Court adjudicated a batch of civil appeals under Section 62 of the Insolvency and Bankruptcy Code, 2016 (IBC) challenging the approval of ...

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Bombay High Court Dismisses State Appeal Against Acquittal in Corruption Case Due to Unreliable Complainant and Lack of Corroboration. Demand and acceptance of bribe not proved beyond reasonable doubt under Sections 7 and 13(1)(d) of Prevention of Corruption Act, 1988.

The State of Maharashtra, through the Anti Corruption Bureau, Bhandara, filed an appeal against the judgment and order dated 29.11.2013 passed by the ...

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Bombay High Court Dismisses State Appeal Against Acquittal in Corruption Case — Demand and Acceptance Not Proved. Sanction Held Invalid Under Prevention of Corruption Act, 1988.

The State of Maharashtra appealed against the acquittal of the respondent (accused), a Forest Guard, in Special Criminal Case No.1/2008 by the Additio...

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High Court of Karnataka hears a writ petition challenging the assignment of investigation to the Serious Fraud Investigation Office under Section 212 of the Companies Act, 2013. The petition raises issues regarding the permissibility of parallel investigation and violation of natural justice principles.

The petitioner, Exalogic Solutions Private Limited, a one person company incorporated in 2014, sought to quash an order dated 31-01-2024 passed by the...

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Bombay High Court Acquits Accused in Corruption Case Due to Lack of Demand and Acceptance of Bribe. Conviction under Section 7 and Section 13(1)(d) r/w 13(2) of Prevention of Corruption Act, 1988 set aside as prosecution failed to prove demand and acceptance beyond reasonable doubt.

The appellant, Satish Ganpatrao Suryavanshi, was convicted by the Special Judge, Ichalkaranji, for offences under Section 7 and Section 13(1)(d) read ...

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High Court of Karnataka adjourns writ petition filed by employees of Bharat Electronics Limited for preliminary hearing; no final order passed. Petition seeks mandamus and certiorari based on allegations of discrimination and violation of service rules.

The writ petition was filed by 52 employees of Bharat Electronics Limited (BEL), a Government of India enterprise under the Ministry of Defence. They ...

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Karnataka High Court Upholds Conviction for Defamation Under Section 500 IPC and Enhances Sentence to Imprisonment. Accused's Revision Dismissed, Complainant's Revision Partly Allowed for Enhancement of Sentence.

The case involves two criminal revision petitions arising from a defamation case under Section 500 of the Indian Penal Code (IPC). The complainant, H....

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Bombay High Court Examines Whether Bunker Fuel Sales to Vessels on High Seas Are Taxable Under Maharashtra VAT Act. Petitioners Challenged Assessment Orders and Recovery Notices Claiming Sales Occurred Outside State Territory and Were in Course of Export.

The dispute arose from assessment and recovery proceedings under the Maharashtra Value Added Tax Act, 2002 concerning sales of High Speed Diesel (HSD)...

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Bombay High Court Dismisses PIL Challenging Entertainment Tax Exemption for IPL Matches — State Government's Policy Decision Not Interfered With. Policy Decision on Tax Exemption Upheld as Not Arbitrary Under Bombay Entertainment Duty Act, 1923.

The petitioner, a sitting Member of the Maharashtra Legislative Assembly, filed a Public Interest Litigation challenging the propriety of the decision...