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Supreme Court Allows Appeal in IBC Limitation Dispute — Application Under Section 7 Held Barred by Limitation. Acknowledgment of Debt in Balance Sheets Does Not Extend Limitation for Initiating CIRP Under IBC.

The Supreme Court allowed the appeal filed by Babulal Vardharji Gurjar, a director of Veer Gurjar Aluminium Industries Pvt. Ltd., against the order of...

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Bombay High Court Dismisses State Appeals in Land Acquisition Compensation Cases — Upholds Reference Court's Award Based on Sale Deed of Comparable Land. Market Value Determined at Rs. 1,00,000 per Hectare for Irrigated Land Under Land Acquisition Act, 1894.

The State of Maharashtra, through the Collector and other officers, filed six first appeals (FA Nos. 3714/2016 to 3719/2016) challenging the common ju...

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KAHC010051142020_1

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High Court of Karnataka Upholds Trial Court's Valuation of Suit for Declaration and Injunction Under Karnataka Court Fee and Suit Valuation Act, 1958 — Suit for Declaration That Sale Deed Is Null and Void Is Properly Valued Under Section 26(c) Read with Section 24(d) of the Act.

The defendant filed a writ petition under Articles 226 and 227 of the Constitution of India challenging an order dated 30.7.2013 passed by the I Addit...