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"Fraud Vitiates Contracts: Bombay High Court Upholds Termination Over Forged Bank Guarantees." "Integrity in public contracts remains paramount—fraud nullifies all claims."

The Bombay High Court dismissed the writ petition filed by Petitioner challenging the termination of its railway contract. The court held that the sub...

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Corporate Insolvency Resolution and Moratorium Effects on Judicial Deposits" The judgment addresses the interplay between the Insolvency and Bankruptcy Code (IBC) moratorium provisions and judicial deposits in appellate proceedings.

This case examines Siti Networks Ltd.'s request to withdraw funds deposited in court as part of an ongoing appellate proceeding after entering the Cor...

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Implementation and Obligations in Corporate Resolution Plans Under IBC, 2016. Supreme Court clarifies conditions for adjusting Performance Bank Guarantees in insolvency resolutions.

The Supreme Court’s decision in State Bank of India & Ors vs. Consortium of Murari Lal Jalan and Florian Fritsch & Anr addresses key aspect...

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Petition Challenging Clause 3(ii) of Public Notice No. 55 of 2024 Dismissed by High Court. High Court clarifies Clause 3(ii) requirement for explanation of identical FOB values under the ASEAN-India Preferential Trade Agreement, upholding procedural verification for customs compliance.

The High Court dismissed the Petition challenging Clause 3(ii) of Public Notice No. 55/2024, dated June 24, 2024, and affirmed that requiring importer...

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"Bombay High Court Orders Interim Relief in Shareholder Dispute" Court mandates security deposit from EbixCash Group to secure arbitration award.

The dispute stems from a Shareholders Agreement (SHA) signed in 2017, requiring the respondents to buy the petitioner's shares. Arbitration proceedin...

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High Court of Bombay at Goa Upholds Appeal in Access Dispute Case. Landmark ruling on access rights and injunction enforcement between Sidharth Babusso Dessai and M/s Deejay Coconut Farm Pvt. Ltd.

The High Court of Bombay at Goa has addressed a critical dispute between Mr. Sidharth Babusso Dessai and M/s Deejay Coconut Farm Pvt. Ltd. regarding a...

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The Blue Dreamz Advertising vs. Kolkata Municipal Corporation: A Battle for Contractual Integrity. Supreme Court Intervenes in Prolonged Dispute Over Advertisement Rights in Kolkata

The Supreme Court of India delivered a judgment on the dispute between The Blue Dreamz Advertising Pvt. Ltd. and Kolkata Municipal Corporation (KMC). ...

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Supreme Court Affirms Guarantor's Independent Liability Despite Resolution Plan. Guarantor's obligations remain intact; assets of subsidiaries excluded from holding company’s resolution plans, creditor rights upheld

The Supreme Court of India affirmed that the approval of a resolution plan for a corporate guarantor does not absolve the principal borrower of its li...

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Supreme Court Quashes High Bid in Mining Lease e-Auction, Orders Fresh Auction and Penalty. Supreme Court finds error in 140.10% bid to be a genuine mistake, mandates a fresh e-auction while imposing a Rs 3 crore penalty on appellant for lack of due care.

Granted leave to appeal against the judgment of the High Court of Orissa, which dismissed the writ petition of the appellant who had mistakenly placed...