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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.

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

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Supreme Court Sets Aside High Court's Dismissal of Leave to Appeal Against Acquittal Due to Non-Speaking Order. High Court Failed to Provide Reasons and Apply Mind to Evidence as Required Under Section 378 of Code of Criminal Procedure, 1973, Violating Established Precedents on Judicial Discipline.

The dispute originated from a criminal trial where the second to sixth respondents were acquitted by the Additional Sessions Judge, Ghaziabad, of offe...

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Supreme Court Allows Appeal in Family Property Dispute Over Compromise Decree Registration. Compromise Decree Arising from Family Settlement Does Not Require Compulsory Registration Under Section 17(2)(vi) of Registration Act, 1908, as Parties Had Pre-existing Rights as Heirs.

The dispute involved two sons of late Vijendra Singh contesting ownership of ancestral land. The appellant filed a suit for possession in 1978, disput...