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Supreme Court Dismisses Appeal in Insolvency Case Over Creditor Status and Resolution Plan Approval. Statutory Authority's Claim as Financial or Secured Creditor Rejected Due to Lack of Diligent Action During Corporate Insolvency Resolution Process Under Insolvency and Bankruptcy Code, 2016.

The dispute arose from the Corporate Insolvency Resolution Process (CIRP) of M/s. JNC Construction (P) Ltd, the Corporate Debtor. The appellant, a sta...

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Supreme Court Quashes Bail Order in PMLA Case Due to Roster Violation and Lack of Propriety. Bail Granted Without Prayer or Reasons Set Aside as Bench Lacked Jurisdiction Under High Court Roster and Prevention of Money Laundering Act, 2002.

The dispute arose from a writ petition filed in the Bombay High Court by the first respondent, seeking to quash a complaint under the Prevention of Mo...