Supreme Court overturns NCLAT decision on share transfer: Chalasani Udaya Shankar vs. Lexus Technologies (2024) LEGAL ISSUE: Whether the National Company Law Tribunal (NCLT) can summarily dismiss a petition for rectification of a company’s register of members without proper examination of evidence. CASE TYPE: Company Law Case Name: Chalasani Udaya Shankar and others vs. M/s. […]
Supreme Court Denies Renewal of Mining Leases: Odisha Govt. vs. Bharat Process & Mechanical Engineers Ltd (2024) LEGAL ISSUE: Whether mining leases can be renewed for a company undergoing liquidation. CASE TYPE: Company Law, Mining Law Case Name: Chief Secretary, Government of Odisha vs. Bharat Process & Mechanical Engineers Limited (in Liquidation) and Others [Judgment
Supreme Court Upholds Re-Auction of Sick Company Assets: Rajiv Kumar Jindal vs. BCI Staff Colony (2023) LEGAL ISSUE: Whether the auction of assets of a sick company was valid when the Operating Agency failed to follow mandatory procedures. CASE TYPE: Insolvency/Company Law. Case Name: Rajiv Kumar Jindal and Others vs. BCI Staff Colony Residential Welfare
Supreme Court Upholds Lessor’s Right to Forfeit Lease in Liquidation Case: Stressed Assets Stabilization Fund vs. West Bengal Small Ind. Development Corporation Ltd. (2019) LEGAL ISSUE: Whether a mortgagee of leasehold rights can claim superior rights over the lessor when the lease has been validly terminated due to the lessee’s breach of lease conditions. CASE
LEGAL ISSUE: Whether the State Government can file a suit regarding a lease between a Municipal Corporation and a company in liquidation when the State claims ownership of the land. CASE TYPE: Company Law, Lease Dispute Case Name: State of Madhya Pradesh vs. Official Liquidator M/s Hukumchand Mills Ltd. (In Liquidation) & Ors. Judgment Date:
