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Supreme Court Dismisses State Appeals Against Grant-in-Aid Claims Under Repealed 1994 Order. Employees of Non-Government Educational Institutions Entitled to Grant-in-Aid Despite Repeal of Orissa (Non Government Colleges, Junior Colleges and Higher Secondary Schools) Grant-in-Aid Order, 1994.

The case involves a batch of civil appeals filed by the State of Odisha against various respondents, who are employees of non-government educational i...

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Supreme Court Allows Appeal in Bank Deficiency Case — Compensation Enhanced from Rs 1 Lakh to Rs 30 Lakh for Unauthorized Online Transfer. Bank's Gross Negligence in Linking School Accounts Without Request Leads to Full Liability Despite Alleged Principal Complicity.

The case involves a complaint by DAV Public School against Indian Bank for deficiency in service. The school maintained three accounts with the bank, ...

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Bombay High Court Quashes IBBI Circular as Ultra Vires in Insolvency Professional Regulation — Circular Purporting to Clarify Regulation 4(2)(b) of LP Regulations Held to Be an Impermissible Retrospective Amendment.

The petitioner, Amit Gupta, a chartered accountant and registered insolvency professional, challenged a circular dated 28 September 2023 issued by the...