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High Court Dismisses Writ Petition Challenging Disqualification in Municipal Tender Due to Non-Compliance with Financial Eligibility Criteria -- Petitioner Fails to Prove Arbitrariness in Profitability Assessment Under Indian Accounting Standards

The petitioner, challenged its disqualification from a tender process for municipal solid waste management by the Municipal Corporation of Greater Mum...

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Supreme Court Validates NCLAT's Ruling on Financial Debt Classification under IBC. Global Credit Capital Limited and others deemed financial creditors in Mount Shivalik Industries Ltd. insolvency case.

The Supreme Court upheld the decision of the National Company Law Appellate Tribunal (NCLAT), confirming that the appellants are financial creditors u...