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Supreme Court Allows Fresh Resolution Process for Corporate Debtor Despite Default by Successful Resolution Applicant. Time Spent in Litigation Excluded to Uphold Maximisation of Asset Value Under Insolvency and Bankruptcy Code, 2016.

The appeal arose from the corporate insolvency resolution process of Amtek Auto Limited, initiated under Section 7 of the Insolvency and Bankruptcy Co...

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Bombay High Court Directs Issuance of Occupation Certificate for Committed Development Under UDCPR Regulation 5.1.3. Development Permission Granted Before Draft Regional Plan Publication Protects Builder's Right to Occupation Certificate Despite Subsequent Agricultural Reservation in Regional Plan.

The petitioner, Raj Realtors, a partnership firm, constructed ten buildings comprising 446 residential and 20 commercial units on land at Mouje Pashan...

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High Court Examines Validity of Ahmedpur Development Plan Notification Under Maharashtra Regional and Town Planning Act, 1966. Core Issue Involves Mandatory or Directory Nature of Section 26(1) Timeline and Permissible Limits of Extension Under Third Proviso.

The case involved three writ petitions filed by landowners in Ahmedpur, District Latur, challenging a notification dated 29.03.2012 published on 08.05...

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PUBLIC INTEREST LITIGATION NO.66 OF 2003

The public interest litigation was filed by a journalist challenging the decision of the State of Maharashtra under Section 37 of the Maharashtra Regi...

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NCLAT Allows Fresh Form G to Maximize Asset Value in CIRP of Raigarh Champa Rail Infrastructure Pvt. Ltd. — Challenge Mechanism Under Regulation 39(1A)(b) of IBBI Regulations, 2016 Must Be Conducted Among Existing Resolution Applicants.

The appeal was filed by JM Financial Asset Reconstruction Company Ltd., acting as trustee of Rail December 2024 Trust, challenging the Impugned Order ...

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Bombay High Court Allows Petition to Quash Land Reservation for Transport Terminus Due to Lapse Under Section 127 of MRTP Act. Reservation Deemed Lapsed as Acquisition Not Initiated Within Ten Years from Publication of Development Plan.

The petitioner, Nandkishor s/o Babulal Agrawal, is the owner of land Survey No. 505/04 admeasuring 1.07 H.R situated at Dhule. Out of this land, 67 R ...

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Bombay High Court Upholds Removal of Developer in Slum Rehabilitation Project Due to Non-Compliance with Scheme Conditions. Order of CEO SRA Upheld as Developer Found to Have Violated Terms of Agreement and Failed to Complete Project.

The petitioner, a company engaged as a developer for a slum rehabilitation project on a property owned by a cooperative housing society, filed a writ ...

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NCLAT Dismisses Appeal Against Rejection of Recall Application in CIRP Case. Appellant's Application for Recall of CIRP Commencement Order Was Not Maintainable as CIRP Had Progressed Significantly and Resolution Plan Approval Was Pending.

The appeal was filed by Parmesh Construction Company Ltd. challenging the order dated 04.12.2024 passed by the National Company Law Tribunal, New Delh...

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Bombay High Court Considers Petition Challenging Draft Development Plan Publication and Extension Under Maharashtra Regional and Town Planning Act, 1966. Petitioners Allege Irregularities in Municipal Corporation's Substitution of Plan and Ex Post Facto Extension Under Section 26.

The matter pertains to a writ petition before the Bombay High Court, Aurangabad Bench, challenging the notification dated 04.02.2016 published under S...