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Supreme Court Allows Correction of Judgment Terminology in Civil Appeal Regarding Creditor Status. The court directed that 'unsecured creditor' in paragraph 20 of the original judgment be read as 'secured creditor' to accurately reflect the legal position.

The Supreme Court of India heard a miscellaneous application filed by Axis Bank Limited seeking clarification of a previous judgment. The application ...

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Supreme Court Dismisses Appeals in Insolvency Resolution Plan Implementation Dispute. The court upheld the NCLT order finding compliance with conditions precedent under the Resolution Plan, allowing implementation and extensions as per the Insolvency and Bankruptcy Code, 2016.

The batch of appeals arose from orders of the National Company Law Appellate Tribunal concerning the implementation of a Resolution Plan under the Ins...

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Supreme Court Allows Civil Appeal in Arbitration Dispute, Restoring Arbitral Award Modified by Lower Courts. Judicial Interference Under Section 34 of Arbitration and Conciliation Act, 1996 is Limited, and Courts Cannot Re-appreciate Evidence or Modify Awards on Merits.

The dispute arose from a construction contract between a civil engineering contractor and the Karnataka State Public Works Department for building off...