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Supreme Court Allows Appeal Against Recovery of Liquidated Damages Pending Arbitral Adjudication. Recovery Proceedings Initiated Without Awaiting Outcome of Arbitral Tribunal Under Madhya Pradesh Madhyastham Adhikaran Adhiniyam, 1983 Are Unjustified.

The appellant, a proprietorship firm registered as a Class 'A' contractor, was awarded two contracts for construction and maintenance of rural roads u...

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Supreme Court Allows Appeal by Electricity Distribution Company in Theft Case: Parallel Assessment Under Section 126 Permissible Despite Criminal Complaint Under Section 135. Assessment Under Section 126 Not Conditional on Consumer Seeking Restoration of Supply.

The case involves an appeal by West Bengal State Electricity Distribution Company Ltd. against the judgment of the Calcutta High Court which allowed t...

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Supreme Court Upholds NCLAT Decision on Mandatory 75% Voting Share for Resolution Plan Approval Under I&B Code. Financial Creditors' Rejection of Resolution Plan for Kamineni Steel & Power India Pvt. Ltd. and Innoventive Industries Ltd. Leads to Liquidation as Plan Did Not Garner Required Majority.

The Supreme Court of India heard appeals arising from a common judgment of the National Company Law Appellate Tribunal (NCLAT) dated 6 September 2018,...