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Supreme Court Allows Appeal of SBI Consortium in Corporate Guarantee Dispute Under IBC. Corporate Guarantees Executed by Corporate Debtor Constitute Financial Debt Under Section 5(8) of IBC, 2016, and Are Enforceable Despite Timing and Stamping Objections.

The Supreme Court allowed the appeal filed by the Appellant Consortium against the order of the National Company Law Appellate Tribunal (NCLAT) which ...

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Supreme Court Dismisses Appeal of ICAR Scientist Challenging Tenure Curtailment — No Enforceable Right to Complete Fixed Term When Appointment Expressly Reserved Power to Curtail. Reversion Based on Unsatisfactory Performance Not Stigmatic Under Service Law.

The appellant, joined ICAR as a Scientist in 1978 and later became Senior Scientist at CIAE, Bhopal. In 1998, he was appointed as ADG-ARIS for a perio...

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Supreme Court Allows Wakf Board's Appeal in Service Inam Land Dispute — Property Held to Be Wakf Due to Partition Deed Recital and Unchallenged Gazette Notification. Plaintiffs' Title Based on Void Alienations Cannot Be Sustained.

The Supreme Court allowed the appeal filed by the Andhra Pradesh State Wakf Board against the judgment of the High Court of Andhra Pradesh, which had ...

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Supreme Court Allows Appeal in IBC Case: CIRP Not a Substitute for Execution of Civil Court Decree. Insolvency and Bankruptcy Code, 2016 — Section 7 — Financial Debt — Decree Holder Cannot Bypass Execution Process.

The Supreme Court allowed the appeal filed by Appellants against the order of the NCLAT which had directed admission of a Section 7 petition under the...

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Supreme Court Dismisses Appeal Against Cancellation of Pattas for Public Utility Land. Land Recorded as Khalihan and Pasture Land Under Section 132 of U.P. Zamindari Abolition and Land Reforms Act, 1950 Cannot Be Granted Bhumidhari Rights.

The appeal arose from a dispute concerning land in District Hardoi, Uttar Pradesh, originally recorded as Category-6 (barren/uncultivated land includi...

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Supreme Court Allows Appeal for Enhanced Compensation in Motor Accident Case — Prosthetic Limb Compensation Mandated for Amputee Driver. Life Expectancy of 70 Years and 5% Annual Inflation Applied for Prosthetic Limb Replacement Costs Under Section 168 of Motor Vehicles Act, 1988.

The appellant, a 32-year-old driver, suffered a severe accident on 02.05.2007 when a Haryana Roadways bus dashed into his motorcycle from behind, resu...

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Supreme Court Dismisses Appeal Against Arbitral Award, Holds Legal Representatives Must Challenge Under Section 34 of Arbitration Act. The Court affirmed that the Arbitration Act is a complete code and legal heirs cannot bypass Section 34 by filing a revision under Article 227.

The present appeal arose from a dispute over a Deed of Agreement for Sale dated 20.04.2007 between Mr. Appu John and Respondent No. 1. After Mr. Appu ...