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Supreme Court Dismisses Municipal Corporation's Appeal Against Resolution Plan Approval in Insolvency Case. Municipal Corporation's Prior Consent to Resolution Plan Precludes Later Objections Under IBC.

The Municipal Corporation of Greater Mumbai (MCGM) appealed against the order of the National Company Law Appellate Tribunal (NCLAT) which had upheld ...

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Bombay High Court Acquits Accused in Attempt to Murder Case Due to Inconsistent Evidence and Doubtful Identification. Conviction under Section 307 IPC Set Aside as Prosecution Failed to Prove Guilt Beyond Reasonable Doubt.

The appellant, Prabhakar Ananda Tale, was convicted by the 2nd Additional Sessions Judge, Akola, for an offence punishable under Section 307 of the In...

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Bombay High Court Allows SICOM Petition to Enforce Guarantee Liability Under State Financial Corporations Act, 1951. Guarantors' Defense of Discharge Due to Variation in Contract Rejected as Guarantees Were Continuing and No Material Alteration Occurred.

The petition was filed by SICOM Ltd., a State Financial Corporation, under Sections 31(1)(aa) and 32 of the State Financial Corporations Act, 1951, se...

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Supreme Court Allows Builder's Appeal in Consumer Dispute Over Flat Construction and Occupancy Certificate. National Commission's Directions Modified: Builder to Pay Rs. 25 Lakhs with Interest, Convey Title After Occupancy Certificate.

The Supreme Court partly allowed the appeal by M/s Treaty Construction & Anr. against the order of the National Consumer Disputes Redressal Commission...