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 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 Upholds Winding Up Order in Debt Dispute: Shital Fibers Ltd. vs. Indian Acrylics Limited (2021) LEGAL ISSUE: Whether a company can be wound up for failure to pay a debt when the company claims a dispute over the quality of goods supplied. CASE TYPE: Company Law/Insolvency Case Name: Shital Fibers Ltd. vs. Indian
Supreme Court Upholds IBC’s Primacy Over Winding Up: A. Navinchandra Steels vs. SREI Equipment Finance (2021) LEGAL ISSUE: Whether the Insolvency and Bankruptcy Code, 2016 (IBC) overrides the Companies Act, 1956/2013 in cases of conflict, particularly when a winding-up petition has been admitted. CASE TYPE: Insolvency and Corporate Law Case Name: A. Navinchandra Steels Private
Supreme Court clarifies transfer of winding-up proceedings to NCLT under IBC: Action Ispat vs. Shyam Metalics (2020) LEGAL ISSUE: Transfer of winding-up proceedings to the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code, 2016 (IBC). CASE TYPE: Insolvency Law Case Name: Action Ispat and Power Pvt. Ltd. vs. Shyam Metalics and Energy
Supreme Court Revives Winding Up Proceedings and Denies Sale Deed: IDBI Bank vs. Official Liquidator (2019) LEGAL ISSUE: Whether winding up proceedings should be revived and whether a sale deed can be executed based on an agreement to sell. CASE TYPE: Company Law, Insolvency Case Name: IDBI Bank Limited vs. The Official Liquidator, Office of
Supreme Court Allows Secured Creditors to File Winding Up Petitions After DRT Decree LEGAL ISSUE: Whether a secured creditor can initiate a winding-up petition against a company after obtaining a decree and recovery certificate from the Debts Recovery Tribunal (DRT). CASE TYPE: Insolvency Law, Company Law Case Name: Swaraj Infrastructure Pvt. Ltd. vs. Kotak Mahindra
