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Supreme Court Allows Appeal of Dissenting Financial Creditor in Insolvency Case on Interpretation of Amended Section 30(2)(b)(ii) - Court Holds Amendments Apply to Pending Proceedings and Entitle Creditor to Liquidation Value of Security Interest Under Insolvency and Bankruptcy Code, 2016.

The dispute arose from appeals concerning the interpretation of amended Section 30(2)(b)(ii) of the Insolvency and Bankruptcy Code, 2016. The appellan...

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Supreme Court Allows Employer's Appeal in Pay Scale Dispute Under Electricity (Supply) Act, 1948. The Court held that office orders introducing a stagnation scheme did not require gazette notification under Section 79, as the Board had authority under existing regulations to fix pay scales.

The appeal arose from a dispute over pay scales for Junior Engineers (Civil) employed by the Punjab State Electricity Board (PSEB). To address stagnat...