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Supreme Court Dismisses Appeal in Electricity Regulatory Dispute Over Tariff Determination. Appellate Tribunal and Regulatory Commission Orders Upheld as Power Purchase Agreements Were Properly Interpreted Under Section 63 of Electricity Act, 2003 and Statutory Guidelines.

The Supreme Court considered an appeal challenging the judgment and order dated 30th June 2021 passed by the Appellate Tribunal for Electricity, which...

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Supreme Court Upholds NGT Directions for Remedial Measures in Thermal Power Plants for Environmental Compliance. Directions for installation of air pollution control devices and scientific disposal of fly ash under Environment Protection Act, 1986 upheld.

The case involves appeals by several thermal power plants (TPPs) against an order of the National Green Tribunal (NGT) dated 18.01.2022. The NGT had i...

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Supreme Court Allows Appeal of Resolution Professional in IBC Moratorium Dispute. Section 14(1)(d) of Insolvency and Bankruptcy Code, 2016 prohibits owner from recovering property occupied by corporate debtor during moratorium, even under joint development agreement.

The appeal arose from a dispute concerning the interpretation of Section 14(1)(d) of the Insolvency and Bankruptcy Code, 2016 (IBC). The appellant, Ra...

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Bombay High Court Dismisses Petition Challenging Industrial Tribunal Award Declaring Contract Labour as Direct Employees. Contracts for supply of labour found to be sham and bogus, workmen held entitled to direct employment with all benefits under Industrial Disputes Act, 1947.

The petitioner, M/s Prabha Engineering Pvt. Ltd., an engineering company manufacturing automobile parts, challenged an award of the Industrial Tribuna...

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Bombay High Court Dismisses Appeals Against Refusal to Injunction Bank Guarantee Encashment in Arbitration Dispute. Court Holds That Fraud or Irretrievable Injustice Must Be Established for Injunction Against Bank Guarantees Under Section 9 of Arbitration and Conciliation Act, 1996.

The appellant, Felguera Gruas India Private Limited (FGIPL), entered into contracts with the first respondent, Tuticorin Coal Terminal Private Limited...

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Bombay High Court Dismisses Petition Challenging Forfeiture of Bank Guarantees in Tender Dispute. Earnest Money Deposit Forfeited as Bidder's Unilateral Discount Offer After Bid Opening Violated Tender Terms.

The petitioner, Knowledge Infrastructure Systems Pvt. Ltd., a company engaged in coal trading, along with its shareholder, filed a writ petition under...