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Supreme Court Dismisses Appeal in Insolvency Case Over Creditor Status and Resolution Plan Approval. Statutory Authority's Claim as Financial or Secured Creditor Rejected Due to Lack of Diligent Action During Corporate Insolvency Resolution Process Under Insolvency and Bankruptcy Code, 2016.

The dispute arose from the Corporate Insolvency Resolution Process (CIRP) of M/s. JNC Construction (P) Ltd, the Corporate Debtor. The appellant, a sta...

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Bombay High Court Dismisses Petition Challenging Arbitral Award in Demurrage Claim Dispute. Claim for demurrage and detention charges held time-barred under Article 55 of Limitation Act, 1963 as the cause of action arose on completion of discharge, not on subsequent demand.

The Petitioner, National Iranian Tanker Company, filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996 challenging a majorit...

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National Company Law Appellate Tribunal Considers Appeal Against Admission of Coffee Day Enterprises to CIRP Under Section 7 of Insolvency Code. Appeal Raises Questions on the Validity of Debenture Trustee's Action and Limitation Period Based on Debenture Trust Deed Provisions.

The appeal arose from an order of the NCLT Bengaluru Bench admitting Coffee Day Enterprises Limited (the corporate debtor) into Corporate Insolvency R...

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Bombay High Court Allows Appeal for Enhanced Compensation in Motor Accident Injury Claim — Tribunal's Award of Rs.15 Lakhs Enhanced to Rs.27 Lakhs for 70% Disabled Mechanical Engineer. Loss of Earning Capacity Reassessed with 50% Future Prospects and Multiplier of 14 Under Motor Vehicles Act, 1988.

The appellant, Pratap Dandapani Padhi, a 43-year-old Mechanical Engineer working as a Foreman at Sunflag Iron & Steel Company Limited with a monthly s...

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Bombay High Court Dismisses State's Writ Petition Challenging Enhanced Compensation in Land Acquisition Case. Court upholds Reference Court's award of Rs. 3,00,000 per hectare based on potential value and comparable sales under Section 18 of the Land Acquisition Act, 1894.

The State of Maharashtra filed a writ petition under Article 227 of the Constitution challenging the judgment and award dated 30th April 2014 passed b...

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High Court of Karnataka, Kalaburagi Bench Disposes of Multiple Motor Accident Claims Appeals under Section 173(1) of MV Act. The appeals arose from awards of the Motor Accident Claims Tribunal concerning compensation for injuries and deaths in road accidents.

The High Court of Karnataka, Kalaburagi Bench heard a batch of miscellaneous first appeals filed under Section 173(1) of the Motor Vehicles Act, 1988,...