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Supreme Court Allows Appeals by DISCOMs and Generating Companies in Electricity Tariff Dispute — Change in Law Compensation for Coal Shortfall Must Be Computed Based on Actual GCV and SHR as per PPAs.

The judgment involves two civil appeals concerning the determination of compensatory tariff for Change in Law events under long-term Power Purchase Ag...

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Bombay High Court Allows State's Petition Challenging NCLT Order De-freezing MPID Attached Accounts. MPID Act Overrides IBC for Attachment and Confiscation of Properties of Financial Establishments.

The State of Maharashtra, through the Deputy Collector and Competent Authority (NSEL), filed a writ petition under Articles 226 and 227 of the Constit...

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Bombay High Court Permits Official Liquidator to File Criminal Complaint Under Section 454 of Companies Act, 1956 Against Ex-Directors for Non-Filing of Statement of Affairs. Court Directs Ex-Directors to Deposit Rs. 11,30,743/- as Estimated Cost of Investigation.

The Bombay High Court considered an Official Liquidator's Report (OLR No. 5 of 2013) in the winding up of Phoenix Alchemy Pvt. Ltd. The company was or...

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Bombay High Court Dismisses Appeal Under Section 37 of Arbitration Act Against Interim Order in IPL Franchise Dispute. Court finds no misrepresentation in bid process and upholds arbitrator's order granting interim measures while imposing conditions on franchisee to protect BCCI's interests.

Background: The dispute arose from the Indian Premier League (IPL) franchise agreement between the Board of Control for Cricket in India (BCCI) and Ja...

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Supreme Court Allows Appeal of Punjab Urban Planning and Development Authority, Sets Aside Regularization of Daily Wager Obtained by Fraud. Fraudulent Entry into Service Vitiates the Entire Regularization Process, and Such an Employee Is Not Entitled to Protection Under Industrial Disputes Act, 1947.

The Supreme Court allowed the appeal filed by the Punjab Urban Planning and Development Authority (PUDA) against the judgment of the Punjab & Haryana ...

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Supreme Court Dismisses Appeal of Reserved Category Judicial Officers Challenging High Court Order Quashing Gradation List Based on Roster Points. Seniority for Promotion of Munsiffs Must Be Based on Merit, Not Reservation Roster, as Per Bimlesh Tanwar.

The case involves a dispute over the fixation of seniority of Munsiffs (Batch of 2003) for promotion to the post of Sub-Judge in the State of Jammu & ...