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WRIT PETITION NO.1930 OF 2011

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Supreme Court Allows Appeal in Commodity Exchange Dispute — Violation of Natural Justice Not Established. FMC's Show Cause Notice and Inquiry Upheld as Procedurally Valid Under Forward Contracts (Regulation) Act, 1952.

The case involves a dispute arising from a complaint of trading irregularities against Neptune Overseas Limited (NOL) and its Managing Director, Kaila...

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Supreme Court Allows Appeal Against High Court's Interim Stay on Liquor Shop License, Dismisses Writ Petition as Frivolous with Costs. Non-Participant in Resettlement Process Lacks Locus Standi to Challenge Allotment on Ground of Loss of Revenue When Recovery Proceedings Ensure No Actual Loss.

The case pertains to the allotment of a foreign liquor shop license at Pithoragarh, Uttarakhand. Initially, the license was allotted to Sh. Balkar Sin...

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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,...