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Gujarat High Court Dismisses State's Appeal for Condonation of 837-Day Delay Due to Lack of Plausible Explanation — Administrative Apathy Not Sufficient Ground for Condonation Under Section 5 of Limitation Act, 1963.

The State of Gujarat and another (the applicants) filed a Civil Application under Section 5 of the Limitation Act, 1963, seeking condonation of 837 da...

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High Court of Bombay Declares Transfer Void Under Section 531(1) of Companies Act, 1956 in Winding-Up Proceedings. Related party transaction without registered deed held to be fraudulent preference.

The High Court of Bombay, in its Ordinary Original Civil Jurisdiction, considered Official Liquidator Report No. 34 of 2025 in Company Petition No. 19...

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High Court of Karnataka Quashes Section 138 NI Act Proceedings Against Accused Due to Non-Existent Debt and Unrebutted Defence. Dishonour of Cheque Issued as Security for Loan Not Attracting Section 138 of Negotiable Instruments Act, 1881 as Debt Not Legally Enforceable.

The petitioner, Sri Lalji Kesha Vaid, filed a petition under Section 482 of the Code of Criminal Procedure, 1973 (Cr.P.C.) seeking quashing of crimina...

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Supreme Court Allows Banks' Appeals in RBI Fraud Classification Case Regarding Natural Justice Requirements. Court Holds No Absolute Right to Personal Hearing or Full Forensic Audit Report Disclosure Under RBI Master Directions Issued Under Section 35A Banking Regulation Act, 1949.

The dispute arose from the classification of loan accounts as 'fraud' by banks under the Reserve Bank of India's Master Directions. The appellant bank...

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Supreme Court Allows Appellant in Sabka Vishwas Scheme Case Due to Moratorium Under IBC. Payment Delay Caused by Legal Disability Under Section 14 IBC, Designated Committee Directed to Accept Payment and Issue Discharge Certificate Under Finance Act, 2019 Scheme.

The dispute arose from the appellant company's inability to pay a settlement amount of Rs.1,24,28,500/- under the Sabka Vishwas (Legacy Dispute Resolu...

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Madras High Court Dismisses Appeal Against Income Tax Assessment Order for Rolls Royce Phantom Car Seizure. Appellant's claim of ownership rejected as car was seized from third party and appellant failed to prove lawful possession.

The appellant, Dr. Arvind Kumar R Shaw, purchased a Rolls Royce Phantom car for Rs.1,45,00,000 for personal use. One Karthikeyan, a director of Sree A...