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Supreme Court Upholds NCLAT Decision on Mandatory 75% Voting Share for Resolution Plan Approval Under I&B Code. Financial Creditors' Rejection of Resolution Plan for Kamineni Steel & Power India Pvt. Ltd. and Innoventive Industries Ltd. Leads to Liquidation as Plan Did Not Garner Required Majority.

The Supreme Court of India heard appeals arising from a common judgment of the National Company Law Appellate Tribunal (NCLAT) dated 6 September 2018,...

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Supreme Court Dismisses Workman's Appeal in Industrial Dispute — High Court's Finding of Fact on Continuous Service Binding. Amount Paid Under Section 17B of ID Act Not Recoverable Even if Termination Upheld.

The case arises from an industrial dispute where the appellant, Dilip Mani Dubey, a workman, was terminated by his employer, M/s SIEL Ltd. The State o...

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Supreme Court Dismisses Trust's Appeal Challenging Cancellation of Plot Allotment — Upholds High Court's Decision Based on Subsequent Developments and Consent Terms. The Court declined to interfere as the plot had been validly allotted to another trust under a settlement approved by the High Court.

The appellant, JVPD Scheme Welfare Trust, a public charitable trust registered under the Bombay Public Trust Act, applied for allotment of a plot in M...

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Supreme Court Dismisses Appeal for Release of Compensation Pending Conviction Appeals in Custodial Torture Case. Compensation awarded under Section 357(3) Cr.P.C. cannot be released during pendency of appeals against conviction and sentence.

The appellant, Dalbir Singh, is the father of a 20-year-old son who died due to custodial torture in a police lock-up in 2006. The Trial Court convict...

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Supreme Court Allows Appeal Against Execution of Arbitration Award as Specific Performance of Agreement for Sale. Arbitration Award Only Fixed Land Price; Executing Court Could Not Direct Sale Deed Execution Beyond Award's Scope.

The Supreme Court allowed the appeal filed by Firm Rajasthan Udyog and its partners against Hindustan Engineering & Industries Ltd. The dispute origin...

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Supreme Court Partially Allows Appeal for Back Wages in Dismissal Following Acquittal Case. Employee Acquitted of Criminal Charges Entitled to Full Wages for Suspension Period and Back Wages from Acquittal to Reinstatement.

The appellant, Raj Narain, was a Sorting Assistant in Railway Mail Service placed under suspension on 23.10.1979 following allegations of forged payme...