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Supreme Court Partially Allows Appeal in Recovery Suit Against Sick Industrial Company — Suspension of Proceedings Under Section 22(1) of SICA Does Not Bar Suit for Unadmitted Debt. High Court's Grant of 24% Compound Interest Reduced to 12% Simple Interest.

The case involves a dispute between Fertilizer Corporation of India Ltd. (FCIL), a public sector undertaking, and M/s Coromandal Sacks Private Limited...

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Bombay High Court Holds Court Fee on Appeal Under Section 37 of Arbitration Act Payable Under Article 4 of Schedule I of Maharashtra Court Fees Act. Appeal from order under Section 34 is treated as appeal from decree, requiring ad valorem court fee on subject matter value.

The appellant, Rishabhkumar Jejani, filed an appeal under Section 37 of the Arbitration and Conciliation Act, 1996, challenging an order dated 28.08.2...

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High Court Allows Writ Petition Quashing Land Acquisition Award Due to Lapse Under Section 11A of Land Acquisition Act, 1894 -- Delay and Laches Not Bar Petition as Petitioners Filed Within Reasonable Time After Receiving Award Copy

The High Court allowed a writ petition seeking quashing of a land acquisition award dated 7th May 2012, holding that proceedings lapsed under Section ...