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Supreme Court Allows Appeal in Insolvency Case Due to Absence of Financial Debt Against Pledgor. Petition Under Section 7 IBC Not Maintainable as No Disbursement Was Made to Corporate Debtor, and Pledge Alone Does Not Constitute Financial Debt Under Section 5(8) of Insolvency and Bankruptcy Code, 2016.

The appeal arose from a judgment of the National Company Law Appellate Tribunal (NCLAT) dismissing an appeal against an order of the Adjudicating Auth...

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Supreme Court Upholds State Legislation on Gurdwara Management Under Entry 32 of List II. Haryana Sikh Gurdwara (Management) Act, 2014 Found Constitutionally Valid as It Pertains to Management of Religious Institutions Within State Legislative Competence.

The dispute arose from the enactment of the Haryana Sikh Gurdwara (Management) Act, 2014 by the State of Haryana, which created a separate juristic en...

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Supreme Court Allows Consumer Appeal in Car Delivery Dispute, Restoring Lower Forum Orders. National Commission Exceeded Revisional Jurisdiction Under Section 21(b) of Consumer Protection Act, 1986 by Interfering with Concurrent Findings of Fact on Used Car Delivery.

The dispute arose from a consumer complaint where the appellant booked and paid the full sale consideration for a new Tata Victa GX TC car from the de...