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Supreme Court Upholds Damages Against Employer in EPF Act Case for Default in Contributions. Levy of Damages Under Section 14B is Consequential Upon Default Without Requirement of Mens Rea for Breach of Civil Obligations.

The appeals arose from a judgment of the High Court of Karnataka, which upheld an order for recovery of damages under Section 14B of the Employees Pro...

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Supreme Court Sets Aside NCLAT Order on Limitation for IBC Section 7 Application. Article 137 of Limitation Act Applies, Not Date of IBC Commencement.

The Supreme Court allowed the appeal filed by Sagar Sharma & Anr. against the order of the National Company Law Appellate Tribunal (NCLAT) in a matter...

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High Court of Karnataka Allows Liquidator's Appeal, Upholds Forfeiture of EMD and PDM for Default by Successful Bidder in Liquidation Sale. Writ Petitioner's Failure to Pay Balance Sale Consideration Within Stipulated Time Justified Forfeiture Under IBC Regulations.

The appellant, Sri Pankaj Srivastava, Liquidator of M/s Samrudhi Realty Ltd., appealed against an order dated 12.12.2024 passed by a learned Single Ju...

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Gujarat High Court Dismisses Tenant's Revision in Rent Arrears Case — Tenant Failed to Pay Rent Despite Notice Under Section 12(2) of Bombay Rent Act. Eviction Decree Confirmed as Tenant's Default Attracts Section 12(3)(a) of the Bombay Rents, Hotel and Lodging House Rates Control Act, 1947.

The case involves a civil revision application under Section 29(2) of the Bombay Rents, Hotel and Lodging House Rates Control Act, 1947 (the Rent Act)...