Search Results for "Sections 73 and 74"

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Supreme Court

Supreme Court Dismisses Appeal in Arbitration Case Upholding Liquidated Damages for Delay in Construction Contract. The Court Affirmed the Division Bench's Restoration of the Arbitral Award, Holding that Judicial Interference Under Sections 34 and 37 of the Arbitration and Conciliation Act, 1996 is Limited and the Award Was Valid Under the Indian Contract Act, 1872.

28 Apr 2025

The appeal arose from a construction contract dispute between Software Technology Parks of India (respondent) and M/s Consolidated Construction Consor...

Supreme Court

Supreme Court Dismisses Appeals in Electricity Procurement Dispute, Upholding High Court's Direction for Power Purchase from Successful Bidders. The Court affirmed that the Request for Proposal process under Section 63 of the Electricity Act, 2003, is binding, and the reduction of procurement quantum from 1000 MW to 500 MW was invalid, requiring adherence to original bid outcomes.

8 Jan 2024

The dispute originated from Rajasthan's initiative to procure 1000 MW of electricity through a competitive bidding process under Section 63 of the Ele...

Supreme Court

Supreme Court Allows Bank's Appeal in SARFAESI Auction Dispute — Extension of Time Not Binding Without Confirmation Letter. Forfeiture of Earnest Money Upheld Under Rule 9(5) of Security Interest (Enforcement) Rules, 2002.

10 Apr 2023

The Supreme Court allowed the appeal filed by the State Bank of India (the Bank) against the judgment of the Madras High Court. The dispute arose from...

Supreme Court

Supreme Court Allows Bank's Appeal in SARFAESI Act Auction Forfeiture Case — Earnest Money Deposit Forfeiture Upheld as Compensation for Breach of Contract. The Court held that forfeiture of earnest money deposit by a secured creditor under the SARFAESI Act is not subject to proof of actual loss and is governed by the terms of the auction contract, not Sections 73 and 74 of the Indian Contract Act, 1872.

10 Aug 2022

The case involves two appeals by a nationalized bank (appellant) against a common judgment of the Madras High Court, which had allowed the writ petiti...

Supreme Court

Supreme Court Allows Appellants in Reservation Eligibility Dispute Under Bihar Reorganisation Act, 2000. Appellants, originally from unified Bihar and residing in Jharkhand post-reorganisation, are entitled to Scheduled Caste/Scheduled Tribe/Other Backward Classes reservation benefits in Jharkhand as ordinary residents, not migrants, under Articles 341(1) and 342(1) of the Constitution and Sections 23, 24, 73, 74 of Bihar Reorganisation Act, 2000.

19 Aug 2021

The Supreme Court of India heard civil appeals arising from Special Leave Petitions challenging a High Court of Jharkhand judgment dated 24th February...

Supreme Court

Supreme Court Upholds Commutation of Death Sentence to Life Imprisonment Due to Inordinate Delay and Solitary Confinement. Acquittal in Related Rape Case Not Considered in Mercy Petition, Violating Fundamental Rights.

24 Apr 2019

The Supreme Court dismissed the appeal filed by the Union of India against the High Court's order commuting the death sentence of respondent Dharam Pa...

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