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Supreme Court Allows Appeal of SBI Consortium in Corporate Guarantee Dispute Under IBC. Corporate Guarantees Executed by Corporate Debtor Constitute Financial Debt Under Section 5(8) of IBC, 2016, and Are Enforceable Despite Timing and Stamping Objections.

The Supreme Court allowed the appeal filed by the Appellant Consortium against the order of the National Company Law Appellate Tribunal (NCLAT) which ...

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Supreme Court Dismisses Appeal of ICAR Scientist Challenging Tenure Curtailment — No Enforceable Right to Complete Fixed Term When Appointment Expressly Reserved Power to Curtail. Reversion Based on Unsatisfactory Performance Not Stigmatic Under Service Law.

The appellant, joined ICAR as a Scientist in 1978 and later became Senior Scientist at CIAE, Bhopal. In 1998, he was appointed as ADG-ARIS for a perio...

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Supreme Court Sets Aside Bail in NDPS Commercial Quantity Case for Non-Compliance with Section 37 Twin Conditions. High Court's observation that rigours of Section 37 can be diluted by right to speedy trial held contrary to settled law.

The Supreme Court allowed the appeal filed by the State of Punjab against the judgment of the Punjab and Haryana High Court granting regular bail to R...

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Supreme Court Quashes Proceedings Against In-Laws in Matrimonial Dispute Due to Lack of Specific Allegations. Vague and Omnibus Allegations Against Family Members Without Active Involvement Do Not Attract Offences Under Sections 498A and 494 IPC.

The Supreme Court allowed the appeal filed by the accused-appellants, who were the father-in-law, mother-in-law, and sister-in-law of the complainant,...

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Supreme Court Allows Wakf Board's Appeal in Service Inam Land Dispute — Property Held to Be Wakf Due to Partition Deed Recital and Unchallenged Gazette Notification. Plaintiffs' Title Based on Void Alienations Cannot Be Sustained.

The Supreme Court allowed the appeal filed by the Andhra Pradesh State Wakf Board against the judgment of the High Court of Andhra Pradesh, which had ...

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Supreme Court Allows Appeal in IBC Case: CIRP Not a Substitute for Execution of Civil Court Decree. Insolvency and Bankruptcy Code, 2016 — Section 7 — Financial Debt — Decree Holder Cannot Bypass Execution Process.

The Supreme Court allowed the appeal filed by Appellants against the order of the NCLAT which had directed admission of a Section 7 petition under the...