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Supreme Court

Supreme Court Dismisses Corporate Debtor's Appeal Against Admission of Insolvency Application Under Insolvency and Bankruptcy Code, 2016. Erstwhile Directors Cannot Maintain Appeal After Appointment of Insolvency Professional, Signaling Paradigm Shift to Inability of Management to Continue if Unable to Pay Debts.

1 Aug 2026

Background: The case arose under the newly enacted Insolvency and Bankruptcy Code, 2016 (IBC), which came into force in November-December 2016. The ap...

High Court

High Court of Karnataka Dismisses IDBI Bank's Appeal Against KIADB's Cancellation of Land Allotment for Non-Compliance with Allotment Conditions. The Court held that the allotment letter did not create any vested right in the appellant and that the KIADB was justified in cancelling the allotment due to the appellant's failure to pay the balance consideration and execute the lease-cum-sale agreement within the stipulated time.

28 Apr 2026

The appellant, IDBI Bank Limited, filed a writ petition before the High Court of Karnataka challenging the communication dated 20.12.2022 issued by th...

High Court

Madras High Court Allows SIPCOT's Appeal in Sub-Leasing Dispute — Demand for Sub-Leasing Charges Upheld. Lease Agreement Clause 2(vii) Prohibiting Sub-Leasing Without Consent and Requiring Payment of Charges is Valid and Enforceable.

6 Feb 2026

The case involves two writ appeals filed by State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT) against orders of a learned Single J...

High Court

High Court Dismisses Petition by Petitioner Challenging Membership Grant Under Maharashtra Co-operative Societies Act, 1960 -- Lease Conditions and Statutory Amendments Upheld in Favor of Respondents

3 Feb 2026

The petitioner society filed a Writ Petition under Article 227 of the Constitution of India, challenging orders that granted membership to respondent ...

Supreme Court

Supreme Court Allows Appeals in IBC Financial Creditor Classification Case — Security Deposit for Sales Promotion Not a Financial Debt. Held that a security deposit paid under a service agreement for sales promotion does not constitute a financial debt under Section 5(8) of the Insolvency and Bankruptcy Code, 2016, as there is no disbursal for time value of money or commercial effect of borrowing.

25 Apr 2024

The Supreme Court allowed appeals against NCLAT judgments that classified security deposits paid by sales promoters as financial debts under the Insol...

Supreme Court

Supreme Court Dismisses Appeal in Insolvency Case Due to Lack of Financial Creditor Status. Interest-Free Term Loan Does Not Qualify as Financial Debt Under Section 5(8) of the Insolvency and Bankruptcy Code, 2016 as It Lacks Consideration for Time Value of Money.

26 Jul 2021

The appeal arose under Section 62 of the Insolvency and Bankruptcy Code, 2016 (IBC) against the dismissal by the National Company Law Appellate Tribun...

High Court

Bombay High Court Partially Allows Challenge to Arbitral Award in Lease Dispute — Finds Perversity in Force Majeure Finding. Court holds that the Arbitrator's conclusion that the lessee's termination was not under the force majeure clause was perverse, but upholds other findings on delayed approvals and property tax dues.

19 Oct 2020

The case arises from a lease deed dated 1st August 2013 between Reliable Spaces Pvt Ltd (the Petitioner/Lessor) and Evonik India Pvt Ltd (the Responde...

High Court

Bombay High Court Dismisses Writ Petition Challenging Eviction Decree in Landlord-Tenant Dispute. Concurrent findings of default in payment of rent and subletting without consent upheld under Section 108 of the Transfer of Property Act, 1882 and Order 20 Rule 12 CPC.

30 Apr 2019

The petitioners, Orbit Super Market Private Limited and the legal heirs of Dr. Shrikant Jichkar, challenged concurrent orders of the trial court and a...

High Court

Bombay High Court Dismisses Petition Seeking Lease Extension for Tourist Resort Based on Legitimate Expectation. No Right to Renewal Exists Under Lease Agreement or Policy, and Doctrine of Legitimate Expectation Cannot Override Statutory Tender Process.

22 Dec 2017

The petitioner, Sugati Beach Resort Pvt. Ltd., had entered into a lease agreement with the President of India through the Union Territory Administrati...

High Court

Bombay High Court Dismisses Petitions Challenging CIDCO's Revaluation of Lease Premium and Ground Rent for Commercial Plots. The court upheld CIDCO's power to revise lease terms based on current market rates under the Maharashtra Industrial Development Act, 1961, rejecting claims of estoppel and legitimate expectation.

30 Nov -0001

The judgment concerns three writ petitions filed by commercial plot allottees in Navi Mumbai challenging the decision of the City and Industrial Devel...

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