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Bombay High Court Dismisses Petition for Interim Measures in Slum Rehabilitation Dispute Under Section 9 of Arbitration Act, Citing Public Interest in Airport Development. Termination of Determinable Contract Not Stayed as Injunction Would Amount to Specific Performance Barred Under Specific Relief Act.

The case arose from a petition under Section 9 of the Arbitration and Conciliation Act, 1996, filed by Housing Development and Infrastructure Limited ...

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Supreme Court Allows Lucknow Development Authority's Appeal in Land Acquisition Lapse Case — Possession Taken Prior to 2013 Act Precludes Deemed Lapse Under Section 24(2). Twin Conditions of Non-Possession and Non-Payment Must Be Satisfied for Lapse; Possession Taken in 2003 Vests Land in State.

The case involves an appeal by the Lucknow Development Authority against the judgment of the Allahabad High Court (Lucknow Bench) dated 03.07.2017, wh...

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NCLAT Dismisses Appeals Challenging Admission of Section 7 Application by Allottees Against Corporate Debtor. The Tribunal upheld the NCLT order allowing impleadment of allottees and admitting the insolvency petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, as default was established.

The judgment pertains to two appeals filed against an order dated 04.03.2024 passed by the National Company Law Tribunal (NCLT), New Delhi Principal B...