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Supreme Court Dismisses Appeals in Insolvency Resolution Plan Implementation Dispute. The court upheld the NCLT order finding compliance with conditions precedent under the Resolution Plan, allowing implementation and extensions as per the Insolvency and Bankruptcy Code, 2016.

The batch of appeals arose from orders of the National Company Law Appellate Tribunal concerning the implementation of a Resolution Plan under the Ins...

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Bombay High Court Dismisses Specific Performance Claim in Furnace Oil Supply Renewal Dispute. Plaintiff Voluntarily Gave Up Relief as Renewed Contract Period Had Already Expired, Leaving Damages Claim for Adjudication.

The suit was instituted by Saurashtra Chemicals Ltd, a chemical manufacturer, against Indian Oil Corporation Ltd, a government undertaking, arising fr...

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Supreme Court Dismisses Consumer Complaint Against Builder for Refund of Consideration Due to Premature Filing and Lack of Deficiency Proof. Complaint Filed Before Expiry of Contractual Grace Period Under Allotment Terms, and Appellants Failed to Establish Incomplete Work or Delay in Possession Offer.

The dispute arose from a consumer complaint filed by the appellants against the respondent-company, a builder, alleging deficiency in service due to d...

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Bombay High Court Allows Writ Petition Challenging Termination of Contract by Municipal Corporation — Violation of Natural Justice and Contractual Obligations. Contract Termination Set Aside as Corporation Failed to Follow Contractual Dispute Resolution Mechanism and Principles of Natural Justice.

The petitioner, BVG India Ltd., was awarded a contract by the Navi Mumbai Municipal Corporation in January 2016 for a period of five years for solid w...

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High Court of Gujarat Hears Challenge to Constitutional Validity of Section 10A(2)(c) of MMDR Act and Rule 8(4) of MCR Rules, 2016. Petition Seeks Execution of Mining Lease Deed and Challenges Orders of Union and State Governments.

The petitioner, a company registered under the Companies Act, 1956 (originally ABG Cement Ltd., later Vadraj Cement Ltd.), filed a writ petition befor...

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Bombay High Court Considers Reference on Revival of Twin Conditions for Bail Under Prevention of Money-Laundering Act, 2002 After 2018 Amendment. Court Examines Whether Amendment Act 13 of 2018 Cured Constitutional Defect in Section 45(1) Identified in Nikesh Shah.

The judgment of the High Court of Judicature at Bombay, Nagpur Bench, arose out of Criminal Application (BA) No.1149 of 2021 filed by the applicant-ac...