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Bombay High Court Dismisses Appeal in Specific Performance Suit — No Concluded Contract Found. Tender Conditions Required Execution of Formal Agreement, Which Never Occurred.

The appellant, Kalpataru Properties Pvt. Ltd., filed a suit for specific performance against respondent No.1, Majithia Nagar Co-operative Housing Soci...

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Supreme Court Dismisses Corporate Debtor's Appeal Against NCLT Order Admitting Insolvency Application Under Insolvency and Bankruptcy Code, 2016. Maharashtra Act Moratorium Does Not Bar Insolvency Proceedings as Section 238 of the Code Overrides Inconsistent State Laws.

The appeal arose from the first application under the newly enacted Insolvency and Bankruptcy Code, 2016. The corporate debtor, a multi-product compan...

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Supreme Court Dismisses Appeal by Erstwhile Directors in First Insolvency Case, Holding IBC Overrides State Moratorium. Corporate Debtor's Belated Defence of Non-Disbursal Under Master Restructuring Agreement Rejected as After-Thought.

The case arose from the first application under the newly enacted Insolvency and Bankruptcy Code, 2016. The appellant, a multi-product company, faced ...

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Supreme Court Dismisses Contempt Petition for Non-Compliance of Undertaking to Vacate Flats in Cooperative Society Dispute. Court Holds That Contemnors' Failure to Vacate Does Not Amount to Willful Disobedience Given Ongoing Proceedings and Status Quo Orders.

The Supreme Court dismissed contempt petitions filed by Sant Lal Gupta and others against Umesh Kumar Jain and others for alleged willful disobedience...

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Bombay High Court Dismisses Petition Challenging Validity of Resolution Nominating Members to Standing Committee of Municipal Corporation. Resolution Passed by Majority Group Complies with Section 31A(2) of Maharashtra Municipal Corporations Act.

The petitioners, including Mahanagar Sudhar Samiti and individual corporators of Akola Municipal Corporation, filed a writ petition challenging Resolu...

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Supreme Court Upholds NCLAT Decision Setting Aside NCLT Orders Approving Resolution Plans for Earth Infrastructures Limited. Dispute Involves GNIDA's Claim Over Land Leased to Special Purpose Company and Its Subsidiaries, and the Validity of Resolution Plans Under IBC.

The Supreme Court of India heard a batch of civil appeals arising from a judgment of the National Company Law Appellate Tribunal (NCLAT) dated 30.01.2...

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High Court of Bombay at Goa Examines Challenge to Hotel Construction Permissions on Mandovi River Bank Under Coastal Regulation Zone Notification. Environmental Group Alleges Violations of CRZ Norms Due to Construction Within 100 Metres of High Tide Line.

The case originated from a writ petition filed in 1993 by an environmental society and an individual resident of Goa, challenging a series of permissi...