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Supreme Court Allows Appeal in Bond Redemption Dispute, Upholding Defendant's Compliance with RBI Directives. Interest on Delayed Payment Not Payable Due to Regulatory Embargo and Pending Liquidation Proceedings Under Companies Act, 1956.

The dispute arose from a suit filed by M/s. SIBCO Investment Pvt Ltd against Small Industries Development Bank of India seeking interest on alleged be...

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Supreme Court Dismisses Union of India's Appeal in Armed Forces Pension Case, Upholding Terminal Benefits for Resigning Officer. Late Entrant Eligibility Under Regulation 15 of Pension Regulations for the Army, 1961 Applied as Officer Commissioned at Age 39 and Served 15 Years Before Resignation.

The dispute arose from the Armed Forces Tribunal's order directing the Union of India to process terminal and pensionary benefits for a former Army Me...