Search Results for "Insolvency Code"

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Search Results for "Insolvency Code"

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Supreme Court

Supreme Court Upholds Interim Protection in Oppression and Mismanagement Petition Under Companies Act, 2013. Court Extended Restraint on Construction and Permitted Limited Protective Works to Preserve Subject Matter of Dispute Pending Adjudication by NCLT.

11 Mar 2026

The dispute arose from a company petition filed by the appellants under Sections 241, 242, 244, and 59 of the Companies Act, 2013, alleging oppression...

Supreme Court

Supreme Court Quashes FIR in Property Joint Venture Dispute -- Criminal Proceedings Against Appellants Set Aside as Dispute Found Civil in Nature with Arbitration Clause -- FIR Under Sections 406, 420, 467, 468 and 471 IPC Cannot Substitute Civil Remedies

25 Feb 2026

The Supreme Court allowed the criminal appeal arising from Special Leave Petition (Criminal) No. 6670 of 2021 and quashed the FIR registered against t...

Tribunals

NCLAT Adjourns Insolvency Appeal Pending Settlement Between Parties in Cotton Corporation Dispute. Interim Orders to Continue Until Next Hearing on 11.08.2025.

24 Jul 2025

This is an interim order in a company appeal under the Insolvency and Bankruptcy Code, 2016, before the National Company Law Appellate Tribunal (NCLAT...

Tribunals

NCLAT Dismisses Appeals Against Admission of Section 7 IBC Application for Default Under Debenture Trust Deed. Financial Capacity and Project Completion Not Grounds to Interfere with Admission Order.

27 Mar 2025

The National Company Law Appellate Tribunal (NCLAT) heard two appeals (Comp. App. (AT) (Ins) No. 517 and 518 of 2025) filed by Udaivir Anand and Santo...

Tribunals

NCLAT Allows Settlement in IBC Section 9 Case, Keeps Admission Order in Abeyance. Appellant directed to deposit Rs. 1 crore with CoC and file Section 12A application within three weeks.

20 Dec 2024

The appeal was filed by Vyanka Tesh Kulkarni, the suspended director of Manas Vyapar Pvt. Ltd., against an order dated 29.10.2024 passed by the Adjudi...

High Court

Bombay High Court Quashes FIR Against Directors in Dishonour of Cheque Case Due to Lack of Specific Allegations and Non-Impleadment of Company. Vicarious liability under Section 141 of Negotiable Instruments Act, 1881 requires specific averments and company must be made accused.

18 Jan 2023

The petitioners, Harry Inder Dhaul, Narayan Singh Pathania, and Mikhail s/o Harry Dhaul, were directors of Siddhayu Ayurvedic Research Foundation Priv...

High Court

Bombay High Court Allows Appeal Against Conditional Leave to Defend in Commercial Summary Suit Based on Dishonoured Cheque — Reduces Deposit Amount from Full Cheque Value to 50%. The court held that a triable defence of blank cheque issuance warrants a less onerous condition for leave to defend under Order 37 CPC and Commercial Courts Act, 2015.

11 Jun 2018

The case arises from a Commercial Summary Suit filed by the respondent/plaintiff (Motilal Laxmichand Salecha HUF) against the appellant/defendant (Mou...

High Court

Bombay High Court Allows Summary Judgment in Commercial Suit for Recovery of Loan Amount. Plaintiff entitled to decree for Rs.1.65 Crores with interest as defendant failed to raise a triable issue under Order XXXVII CPC.

31 Oct 2017

The plaintiff, Tradelink Exim (India) Pvt Ltd, filed a Commercial Suit under Order XXXVII of the Code of Civil Procedure, 1908, against the defendant,...

High Court

High Court of Karnataka Dismisses Appeals Against Interim Injunction in Patent Infringement Suit — Prima Facie Case and Balance of Convenience Favor Plaintiff. The court upheld the trial court's order restraining the appellants from infringing the respondent's patent, finding no grounds to interfere with the discretionary order.

14 Sep 2016

The case involves two miscellaneous first appeals filed by the appellants, M/s. Inphase Power Technologies Private Limited and its directors, against ...

High Court

High Court of Karnataka Dismisses Winding-Up Petition for Disputed Debt and Lack of Jurisdiction — Foreign Company Cannot Seek Winding-Up of Indian Company Under Sections 433(e), 434 of Companies Act, 1956. The court held that a winding-up petition is not maintainable when the debt is bona fide disputed and the petitioner is a foreign company without a registered office in India.

28 Jul 2015

The petitioner, M/s. Arasor Corporation, a company incorporated in the United States of America, filed a company petition under Sections 433(e) and (f...

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