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Supreme Court Dismisses Appeals by Appellants -- Upholds Committee of Creditors' Approval of Sarda Energy and Minerals Limited's Resolution Plan Under Insolvency and Bankruptcy Code, 2016 -- Doctrine of Commercial Wisdom Affirmed in Insolvency Resolution

The Supreme Court upheld the approval of a Resolution Plan by Sarda Energy and Minerals Limited (SEML) for SKS Power Generation (Chhattisgarh) Ltd. un...

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Supreme Court Quashes Allotment of Super Deluxe Flats by HEWO Society Due to Arbitrariness and Violation of Bye-Laws. in Civil Appeal Arising from Special Leave Petition

The Supreme Court heard an appeal against the dismissal of a writ petition challenging the allotment of two super deluxe flats by HEWO Society to resp...

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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 Allows Appeal in Specific Performance Suit Due to Buyer's Acceptance of Refund During Pendency. Acceptance of Refund of Earnest Money Indicates Lack of Readiness and Willingness, Making Suit Not Maintainable Under Specific Relief Act, 1963.

The dispute arose from a suit for specific performance of an Agreement to Sell dated 25th January 2008, executed between the buyer (Respondent No.1) a...

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Court Upholds CIDCO's Decision to Cancel Bid for Belapur Plot. Judicial Review Finds No Arbitrariness in CIDCO's Commercial Decision

The proceedings under Article 226 of the Constitution of India challenge the decision by the City and Industrial Development Corporation of Maharashtr...

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Judicial Review of State Actions in Contractual Disputes: Evolution and Current Scope. From Traditional Boundaries to Modern Oversight: Ensuring Fairness and Transparency in State Contractual Matters

The evolution of judicial review in India regarding state actions in contractual and tender disputes. Historically, such disputes were seen as private...

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Supreme Court Reiterates: Statutory Remedies Must Be Exhausted in SARFAESI Disputes. When alternative statutory remedies exist, courts should not entertain writ petitions under Article 226.

The Supreme Court dealt with the legality of a High Court's interference in an auction sale under the SARFAESI Act, despite the availability of an alt...

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Supreme Court Allows BEST and EVEY Appeals in Electric Bus Tender Dispute. Tender Condition Requiring 200 Km Range in Actual Conditions Upheld as Valid and Non-Arbitrary.

The Supreme Court allowed the appeals filed by BEST and EVEY Trans Pvt. Ltd. and set aside the Bombay High Court's order dated 05.07.2022. The dispute...