Supreme Court Partially Allows Appeal in Property Dispute: Developer Group India Pvt. Ltd. vs. Surinder Singh Marwah (2023) LEGAL ISSUE: Whether the High Court was justified in restraining the alienation of properties of a third party in a winding-up petition of another company. CASE TYPE: Corporate Law, Insolvency, Real Estate Case Name: Developer Group India […]
Supreme Court Partially Allows Appeal, Modifies Injunction in Property Dispute: Developer Group India Pvt. Ltd. vs. Surinder Singh Marwah (2023) LEGAL ISSUE: Whether a blanket injunction on all properties of a company is justified when the claim is for a smaller amount and the company is not directly related to the company under liquidation. CASE
Supreme Court Restricts Asset Freezing Under Companies Act: Usha Ananthasubramanian vs. Union of India (2020) LEGAL ISSUE: Whether the National Company Law Tribunal (NCLT) can freeze the assets of a person under Section 241 of the Companies Act, 2013, for alleged mismanagement in a company other than the one they are directly associated with. CASE
