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Supreme Court Upholds NCLAT Order in Insolvency Resolution Plan Approval Under Insolvency and Bankruptcy Code, 2016. Resolution Plan Found Compliant with Section 30(2) and Binding on All Stakeholders Despite Pending Creditor Claim Challenges.

The appeal arose under Section 62 of the Insolvency and Bankruptcy Code, 2016, against a judgment dated 4 January 2021 of the National Company Law App...

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Supreme Court Allows Appeal of Employee Retired Prematurely Based on Deemed Age — Resolution Cannot Override Service Rules. The Court held that the Board's resolution deeming age as 18 on appointment date could not reduce the actual retirement age under Rule 73 of the Bihar Service Code.

The appellant, Gopal Prasad, was appointed as Calligraphist-cum-Assistant of the Bihar School Examination Board on 20 May 1970 at about 15½ years of ...

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Supreme Court Dismisses Appeal by Power Generator Against Termination of PPA — Holds That Failure to Secure Fuel Supply Agreement Does Not Justify Termination Where PPA Does Not Condition Power Supply on Specific Coal Source

The case involves a dispute between M/s Adani Power (Mundra) Ltd. (appellant) and Gujarat Electricity Regulatory Commission and others (respondents), ...

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Bombay High Court Allows Resolution Professional to Continue CIRP Under IBC Despite Pending Winding-Up Petition Under Companies Act, 1956. Leave under Section 446 of Companies Act, 1956 granted to proceed with Corporate Insolvency Resolution Process under Insolvency and Bankruptcy Code, 2016.

The judgment concerns Company Application No. 10 of 2017 filed by the Resolution Professional of Murli Industries Limited (the corporate debtor) under...

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High Court of Karnataka Dismisses Writ Petitions Challenging Reversion of Executive Officers — Petitioners Failed to Establish Legal Right to Continue in Promotional Posts After Cadre Reorganization.

The petitioners, who were working as Executive Officers in various Taluk Panchayats on an ad-hoc basis, challenged the order of the Karnataka State Ad...

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Bombay High Court Dismisses Admiralty Suit for Lack of Jurisdiction in Collision Case — Cause of Action in Goa, Not Bombay. Vessel Registration Alone Does Not Confer Jurisdiction Under Section 6 CPC and Letters Patent.

The plaintiffs, V.M. Salgaocar & Bros. Ltd., filed an admiralty suit in the Bombay High Court claiming damages of Rs.13,33,70,000/- with interest for ...

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Bombay High Court Allows Writ Petition Seeking Extension of Justice Shetty Commission Benefits to Family Court Staff. The court held that staff of Family Courts at Aurangabad and Nagpur are entitled to the same benefits as staff in other districts under the Family Courts Act, 1984.

The petitioners, who were staff members of the Family Courts at Aurangabad and Nagpur, filed a writ petition under Article 226 of the Constitution of ...

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Bombay High Court Dismisses Petition Challenging Labour Court Order for Retrenchment Compensation Under Section 33(c)(2) of Industrial Disputes Act, 1947. Employer Liable Despite Nationalization and Transfer of Undertaking.

The petitioner, Empress Mills (a unit of Maharashtra State Textile Corporation), challenged an order dated 14.12.1998 passed by the First Labour Court...