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Supreme Court Allows Appeal in Bond Redemption Dispute, Upholding Defendant's Compliance with RBI Directives. Interest on Delayed Payment Not Payable Due to Regulatory Embargo and Pending Liquidation Proceedings Under Companies Act, 1956.

The dispute arose from a suit filed by M/s. SIBCO Investment Pvt Ltd against Small Industries Development Bank of India seeking interest on alleged be...

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Supreme Court Allows Appeals of Successful Resolution Applicant and Resolution Professional in IBC Case — Commercial Wisdom of CoC Upheld. NCLAT Order Set Aside as It Improperly Interfered with CoC's Decision to Accept H1 Bidder's Plan Despite Belated Revised Offer.

The Supreme Court allowed the appeals filed by Ngaitlang Dhar (successful resolution applicant) and Amit Pareek (Resolution Professional) against the ...

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Supreme Court Allows Appeal Against Dismissal of Complaint on Technical Ground — Remands for Merits Consideration. State Bar Council's Failure to Dispose Complaint Within One Year Leads to Transfer; Bar Council of India Must Not Dismiss on Technicalities.

The appellant, K. Anjinappa, filed a complaint against his advocate for professional misconduct before the Bar Council of State of Andhra Pradesh unde...

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Supreme Court Directs SIT to Expedite Investigation into Fake Motor Vehicle and Workmen Compensation Claims in Uttar Pradesh. The Court monitored the investigation into 1376 suspicious claims and directed the Bar Council to conclude disciplinary proceedings against errant advocates.

The Supreme Court was dealing with the issue of filing fake claim petitions for compensation under the Motor Vehicles Act and the Workmen Compensation...

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Supreme Court Allows U.P. Housing Authority's Appeal Against Cancellation of Land Release Notification. Fraud by Land Owners in Obtaining Release Justifies Cancellation Without Fresh Acquisition Under Section 21 of General Clauses Act, 1897.

The Supreme Court considered appeals by U.P. Avas Evam Vikas Parishad against a High Court order that set aside a notification cancelling the release ...