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Supreme Court Dismisses Corporate Debtor's Appeal Against NCLT Order Admitting Insolvency Application Under Insolvency and Bankruptcy Code, 2016. Maharashtra Act Moratorium Does Not Bar Insolvency Proceedings as Section 238 of the Code Overrides Inconsistent State Laws.

The appeal arose from the first application under the newly enacted Insolvency and Bankruptcy Code, 2016. The corporate debtor, a multi-product compan...

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KAHC010403282026_2

The petitioner, a partnership firm, challenged the award of a rate contract for supply of Liquid Sodium Hypochlorite Solution 5% 5ltr (drug code 430) ...

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Supreme Court Dismisses Appeal Against Grant of Transmission Licence Without TBCB in HVDC Project. Section 63 of Electricity Act, 2003 is an alternative route; regulatory commission has discretion to adopt regulated tariff mechanism for transmission projects.

The case involves a challenge by Tata Power Company Limited Transmission (TPC-T) against the grant of a transmission licence by the Maharashtra Electr...

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Bombay High Court Dismisses Petition Challenging Substitution of Assignee in Pending DRT Proceedings Under SARFAESI Act. Assignment of debt under Section 5 of SARFAESI Act entitles assignee to continue pending recovery proceedings without fresh filing, and amendment of cause title is permissible.

The petitioner, Alpha and Omega Diagnostics India Ltd., challenged a common order of the Debt Recovery Appellate Tribunal (DRAT) which upheld the orde...

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Bombay High Court Dismisses Appeal Against Ad-Interim Injunction in Arbitration Matter — No Irreparable Harm Shown. Court declines to interfere with interim order restraining redevelopment pending final hearing of arbitration petition under Section 9 of Arbitration and Conciliation Act, 1996.

The appellant, Middle Income Group Cooperative Society Limited, filed an appeal against an ad-interim order dated 29th March 2010 passed by a learned ...