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Supreme Court Allows Appeal of Electricity Distribution Company Against Quashing of Captive Power Plant Circulars. MERC's Retrospective Quashing of Pre-Approval Circulars Without Considering Financial Impact Set Aside.

The Supreme Court of India heard an appeal by Maharashtra State Electricity Distribution Company Limited (MSEDCL) against an order of the Appellate Tr...

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Supreme Court Upholds Arbitral Award in Consignment Agent Dispute — MMTC Ltd. v. Vedanta Ltd. Scope of Interference with Arbitral Award Under Section 34 of Arbitration and Conciliation Act, 1996 Limited to Grounds of Public Policy and Patent Illegality.

The Supreme Court dismissed the civil appeal filed by MMTC Ltd. against the judgment of the Bombay High Court which had upheld the majority arbitral a...

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Supreme Court Dismisses Appeal, Discharges Ex-CMD in Fraud Case Involving Electrotherm (India) Ltd. Supreme Court finds insufficient evidence against ex-CMD in Rs. 436 crore loan fraud; dismisses CBI's appeal while observing that suspicion alone does not justify charges.

The Supreme Court upheld the discharge of the former Chairman and Managing Director (CMD) of Central Bank of India (Accused No. 7) in a case involving...