Rehabilitation Scheme Under SICA Binds All Creditors; Dues Can’t Be Recovered Post Revival Of Sick Company: Supreme Court
What: Rehabilitation Plan Under SICA Binds All Creditors; Debts Cannot Be Recovered After Resurrection Of Sick Company Facts: The Supreme Court has ruled that all creditors, including unsecured creditors, must abide by the rehabilitation plan outlined in Section 18 of the SICA, 1985.
Foreign Lawyers should be permitted to practice in India; in national interest: BCI
The bar council had recently allowed foreign nationals to be permitted to practice in India, which would be based on the principle of reciprocity. Regarding the same, there were a lot of misapprehensions and misinformation which were being circulated, so it was decided
Supreme Court : Should a Judgement Be Reconsidered As It Adopted a Previously Overruled Precedent?
Issue – The fact that a Division Bench of the Supreme Court reached a judgement on a legal issue and that decision was later overturned or amended by a higher court in another case does not justify the reconsideration of that decision. Facts
An arbitrator can always award pendente lite interest unless there is bar under contract: SC set aside the high court’s order
Recently, the supreme court set aside the impugned judgement and order passed by the high court of Delhi and held that the arbitrator/ arbitral tribunal can award pendente lite interest unless there is a specific bar under the contract. an Agreement was entered
Shiv Sena Case: SC to Uddhav Thackeray’s Side, the Government Must Have the House’s Confidence in It
A Constitutional Bench comprising of CJI DY Chandrachud, J. Hima Kohli, J. MR Shah, J. Krishna Murari, and J. PS Narasimha heard the case and reserved its judgment in the batch of cases relating to a rift between the Shiv Sena party members.
Supreme Court: Doctors cannot be penalised for storing minimal quantities of medications under the Drugs and Cosmetics Act
Issue – The Supreme Court ruled that a doctor’s act of keeping minor amounts of medications would not constitute an offence of illegal stocking of medications under Section 18(c) of the Medicines and Cosmetics Act of 1940. Facts of the case – A
Supreme Court directed MP High Court to fill only 10% seats through departmental competitive examination
Supreme Court division bench, presided by J. MR Shah and J. CT Ravikumar, on Monday directed Madhya Pradesh High Court to follow the directions given by it in All India Judges’ Association And Ors. v. UoI And Ors. (2010) 15 SCC 170. In
Article 226(2) – Supreme Court Defines Criteria For Determining Whether Cause of Action Arose Under High Court Jurisdiction
Issue – The Supreme Court concluded that only those facts that are relevant to the provision of relief will give birth to a “cause of action” under Article 226(2) of the Indian Constitution in a significant decision clarifying the term. Facts of the
On Denying TDR Certificates To Landowners: ‘Reflects Mindset Of East India Company Era’: Karnataka High Court
The Bangalore Development Authority (BDA) was recently slammed by the Karnataka High Court for failing to issue the Transferable Development Rights (TDR) that was promised to landowners when their properties were purchased for public use. Facts– The petitioners’ lands were purchased so that
If a mandatory retirement order is shown to be punitive and was made in order to avoid disciplinary action, it may be overturned: Supreme Court
Issue- The Supreme Court overturned a decision made by the Central Board of Direct Taxes, Department of Revenue, Ministry of Finance, Government of India, which communicated the President’s order to compulsorily retire a Gazetted Officer who was being considered for appointment as a
