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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 Dismisses Appeal in Bail Cancellation Case Due to Non-compliance with Financial Undertaking. High Court's order cancelling bail upheld as appellant failed to pay full compensation amount of Rs.4,63,50,000 as per settlement under Section 138 of Negotiable Instruments Act, 1881.

The case originated from convictions under Section 138 of the Negotiable Instruments Act, 1881, where the appellant and intervenor, as Chairman and Vi...

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Supreme Court Dismisses Appeals by Work Charged Employees on Pension Calculation Under 2013 Rules. Rule 5(v) of Work Charged Establishment Revised Service Conditions (Repealing) Rules, 2013 Limits Counting of Work Charged Service to Shortfall in Qualifying Period for Pension, Not Entire Service Period.

The dispute arose from appeals by work charged employees whose services were regularized under the Work Charged Establishment Revised Service Conditio...