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Supreme Court Dismisses Developer's Appeals in Consumer Disputes Over Delayed Flat Possession -- NCDRC Orders Upheld for Completion, Compensation, and Costs Under Consumer Protection Act

The Supreme Court addressed three civil appeals arising from NCDRC orders in consumer complaints filed by flat buyers against Parsvnath Developers Ltd...

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NCLAT Dismisses Appeal Against NCLT Order Refusing Amendment in Section 7 IBC Proceedings — Amendment Sought After Completion of Pleadings and Prior to Admission Not Permitted as It Would Change Nature of Proceedings.

The case involves an appeal filed by Vasavai Power Services Pvt. Ltd. (Corporate Debtor) against an order of the National Company Law Tribunal (NCLT),...

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NCLAT Allows Appeal Against Admission of CIRP Due to Discharge of Debt Through One-Time Settlement. Financial Debt Found to Be Fully Satisfied Prior to Filing of Section 7 Application Under Insolvency and Bankruptcy Code, 2016.

The present appeal was filed under Section 61 of the Insolvency and Bankruptcy Code, 2016 (IBC) by Mr. Puneet Resutra, the erstwhile Director and Shar...

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Karnataka High Court Upholds Dismissal of Bank Officer in Disciplinary Proceedings for Reckless Lending and Negligent Compromise of Securities. Non-furnishing of Investigation Report Did Not Prejudice Defence as Charges Were Based on Clear Evidence and Admission.

The appellant, Sri M R Nagarajan, a former Branch Manager of Syndicate Bank (later merged with Canara Bank), was subjected to a disciplinary enquiry o...

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High Court of Karnataka Quashes Suspension Order of Cooperative Society Director for Violation of Natural Justice. Deputy Registrar's Order under Section 29A of Karnataka Cooperative Societies Act, 1959 set aside as no show-cause notice or hearing was given before suspension.

The petitioner, Prakash Ramachandra Hegde, was a director of Dodmane Group Village Seva Cooperative Society. The Deputy Registrar of Cooperative Socie...

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Bombay High Court Allows Section 9 and 11 Petitions in License Termination Dispute with Airports Authority of India. Disputes Over Termination of License to Occupy Airport Premises Held Arbitrable Despite Public Premises Act.

The Bombay High Court dealt with three connected proceedings: two petitions under Section 9 of the Arbitration and Conciliation Act, 1996, and one app...