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Supreme Court Dismisses Appeals by Appellants -- Upholds Committee of Creditors' Approval of Sarda Energy and Minerals Limited's Resolution Plan Under Insolvency and Bankruptcy Code, 2016 -- Doctrine of Commercial Wisdom Affirmed in Insolvency Resolution

The Supreme Court upheld the approval of a Resolution Plan by Sarda Energy and Minerals Limited (SEML) for SKS Power Generation (Chhattisgarh) Ltd. un...

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Supreme Court Allows Appellant's Appeal -- Reinstates Criminal Proceedings Against Executive Engineer Despite Exoneration in Disciplinary Proceedings Under Prevention of Corruption Act, 1988

The Supreme Court heard an appeal by the Karnataka Lokayukta against a High Court judgment quashing criminal proceedings against the respondent, an Ex...

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High Court of Karnataka Dismisses Appeal in Specific Performance Suit — Refund of Earnest Money with Interest Upheld. Appellant failed to prove readiness and willingness to perform contract under Specific Relief Act, 1963.

The appellant, Y.V. Aparna, filed a suit for specific performance of a contract for sale of immovable property against the respondents. The trial cour...

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Bombay High Court Allows Land Acquisition Compensation Revision Applications Due to Delay Condonation and Enhanced Compensation Claims. The court held that delay in filing reference under Section 18 of Land Acquisition Act, 1894 should be condoned and matters remitted for fresh adjudication.

The judgment involves multiple civil revision applications filed by landowners whose lands were acquired for public purposes under the Land Acquisitio...

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Bombay High Court Allows Appeal in Land Acquisition Compensation Case — Reference Court Erred in Rejecting Claim Without Considering Evidence. Enhancement of Compensation Granted Based on Comparable Sale Instances Under Section 18 of the Land Acquisition Act, 1894.

The appellant, Luis Alex Cardozo, owned land in Margao, Goa, which was acquired by the respondents (Deputy Collector and Executive Engineer) for the c...

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High Court of Bombay at Goa Dismisses Appeal for Enhancement of Land Acquisition Compensation — Appellants Failed to Prove Market Value. Land Acquisition Officer's Award of Rs.23 per sq m Upheld Under Section 18 of Land Acquisition Act, 1894.

The appellants, Shivanand Vassudeva Salgaocar and Dattaraj Vassudeva Salgaocar, owned land surveyed under no.219/2 in Village Sancoale, admeasuring 52...