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Bombay High Court Allows Borrowers' Challenge Against DRT Orders Rejecting Interim Relief Despite Pending IBC Section 95 Petition. Interim Moratorium Under Section 96 IBC Bars Continuation of Securitisation Proceedings During Pendency of Insolvency Petition.

The petitioners, M/s. Kapole Advertising Agency and others, were the original borrowers who had approached the Bombay High Court challenging two order...

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Supreme Court Allows Land Acquisition Appeals, Enhances Compensation for Dharuhera Village Acquisition. Land Losers Entitled to Rs. 1,49,14,975/- per Acre Based on Exemplary Sale Deeds Under Sections 4 and 6 of Land Acquisition Act, 1894.

The Supreme Court adjudicated a batch of twenty-seven appeals arising from land acquisition proceedings in Haryana. Sixteen appeals pertained to acqui...

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NCLAT Dismisses Appeal as Time-Barred in Insolvency Matter Due to 244-Day Delay Without Sufficient Cause. Condonation of Delay Refused as Appellant Failed to Provide Adequate Explanation for the Delay in Filing Appeal Under Section 61 of Insolvency and Bankruptcy Code, 2016.

The National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi, heard an application for condonation of delay in filing an appeal unde...

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Supreme Court Allows Union of India's Appeals in MACP Scheme Financial Upgradation Dispute. Modified Assured Career Progression Scheme Entitles Employees to Next Higher Grade Pay, Not Grade Pay of Next Promotional Post.

The Supreme Court considered a batch of appeals filed by the Union of India against orders of various High Courts and Central Administrative Tribunals...

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Supreme Court Partly Allows Appeals for Enhanced Compensation in Land Acquisition for Rehabilitation Project. Court Condones Delay and Grants 10% Cumulative Escalation for Potential Development, Denies Interest for Delayed Filing.

The Supreme Court partly allowed appeals by claimants seeking enhanced compensation for land acquired for the Hirehalla project. The Government notifi...

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Bombay High Court Allows Condonation of Delay in Arbitration Petition Under Section 14 of Limitation Act. Time spent in earlier proceeding before court lacking jurisdiction excluded, delay of 144 days condoned.

The applicant, M/s Globe Capital Market Ltd., filed a notice of motion in an arbitration petition seeking condonation of delay of 144 days in filing t...

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NCLAT Condoned Delay in Filing Appeal by Commercial Tax Department in Insolvency Matter — Election Work and Document Collection Constitute Sufficient Cause. Initial e-filing with skeleton documents treated as valid filing, delay of 14 days condoned.

The Commercial Tax Department filed an appeal before the National Company Law Appellate Tribunal (NCLAT) against an order dated 13.10.2023. The appeal...