Search Results for "Financial Distress"

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Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Supreme Court Allows Appeal of Claimant in Motor Accident Case — Functional Di...
Supreme Court Modifies Sentence in Forgery Case Due to Long Pendency and No Crim...
Madras High Court Dismisses Second Appeal in Partition Suit — Concurrent Findi...
High Court of Bombay at Bombay Dismisses Insurance Company's Appeal in Motor Acc...

Search Results for "Financial Distress"

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High Court

High Court of Karnataka Dismisses Quashing Petition in CBI Corruption Case — Allegations of Conspiracy and Cheating Against Accused No.2 Not Baseless. The court held that the FIR and charge sheet under Section 120B read with 420 IPC and Section 13(2) read with 13(1)(d) of Prevention of Corruption Act, 1988 disclosed a prima facie case against the petitioner.

19 May 2022

The petitioner, Sri Vakati Narayana Reddy, accused No.2, filed two criminal petitions under Section 482 of the Code of Criminal Procedure, 1973 (CrPC)...

High Court

Bombay High Court Dismisses Stay Application in Arbitration Matter — Consent Order Not Stayed as No Prima Facie Case Made Out. Court held that a consent order passed under Section 9 of the Arbitration and Conciliation Act, 1996 cannot be stayed unless fraud or lack of jurisdiction is shown.

13 Feb 2013

The petitioner, Tata Capital Financial Services Limited, a non-banking finance company, had sanctioned an invoice discounting facility of Rs. 20,00,00...

High Court

High Court Dismisses Petitions for Compassionate Appointment in Judgment -- Family Financial Status Under Government Resolution Defeats Claims Despite Death in Harness

13 Jan 2026

The High Court of Gujarat dismissed petitions filed by Tinuben Rameshbhai Chaudhary seeking compassionate appointment after her father's death while i...

Supreme Court

Supreme Court Dismisses Operational Creditor's Appeal in Insolvency Case Due to Limitation and Pre-existing Dispute. Application Under Section 9 of Insolvency and Bankruptcy Code, 2016 Barred as Cause of Action Accrued in 2011-2012 and Dispute Over Gas Supply Existed, Excluding Suspension Period Under Sick Industrial Companies (Special Provisions) Act, 1985 Not Applicable.

4 Jan 2023

The appeal arose from the dismissal of an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 by the National Company Law Tribunal...

Supreme Court

Supreme Court Upholds Haryana Rule Denying Compassionate Appointment Where Death Due to Criminal Act of Family Member. Rule 23(1) of Haryana Civil Services (Compassionate Financial Assistance or Appointment) Rules, 2019, held constitutionally valid as it prevents unjust enrichment from crime and does not violate Articles 14 and 21 of the Constitution.

1 Jan 2026

The appellant, Atul Chauhan, filed a civil appeal against the judgment of the Punjab and Haryana High Court which upheld the constitutional validity o...

High Court

Bombay High Court Dismisses Claims for Damages Against Plaintiff for Wrongful Arrest of Cargo in Admiralty Suit — Undertaking Under Rule 941 of Bombay High Court (OS) Rules Not Enforceable After Suit Withdrawal Without Adjudication on Merits.

20 Feb 2014

The Plaintiff, Navbharat International Ltd., filed an admiralty suit and obtained an ex-parte order dated 12th January 2010 for arrest of cargo on boa...

Supreme Court

Supreme Court Allows Appeal in Insolvency Case Due to Limitation Bar — Winding Up Petition Filed Beyond Three Years from Default Date Cannot Be Revived Under IBC. The Court held that a time-barred winding up petition under the Companies Act, 1956 cannot be treated as a valid Section 7 application under the IBC, and the filing of a suit for specific performance does not extend limitation for a winding up petition.

25 Sep 2019

The Supreme Court considered appeals arising from the admission of a winding up petition under the Insolvency and Bankruptcy Code, 2016 (IBC). The pet...

Tribunals

NCLAT Dismisses Appeal Against Rejection of CIRP Petition Due to Settlement Agreement - Mediated Settlement Bars Insolvency Proceedings Under Section 61 of IBC, 2016

30 Nov -0001

The appeal was filed by Mr. Rakesh Kumar Jain, a financial creditor, under Section 61 of the Insolvency and Bankruptcy Code, 2016, against an order da...

High Court

Gujarat High Court Allows Petition for Lump-Sum Compensation in Lieu of Compassionate Appointment Due to Policy Change. Petitioner's Application for Compassionate Appointment Kept Pending for Years; Court Directs Payment Under Revised Government Resolution with Interest.

5 Feb 2026

The petitioner, Jay Rajendrakumar Trivedi, filed a writ petition under Articles 14, 16, and 226 of the Constitution of India seeking a direction for c...

Supreme Court

Supreme Court Allows Appeal in Insolvency Case Regarding Security Interest and Pledge of Shares — NCLAT Order Set Aside. The Court held that the Corporate Debtor's creation of security by way of pledge of shares of its subsidiary in favour of the appellants constituted a valid security interest under the Insolvency and Bankruptcy Code, 2016, and the moratorium under Section 14 does not bar the enforcement of such security by a secured creditor.

24 Aug 2020

The present appeal arises from an order of the National Company Law Appellate Tribunal (NCLAT) dated 24.08.2020, which dismissed the appeal filed by t...

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