Supreme Court clarifies specific performance in sale agreement: T.D. Vivek Kumar vs. Ranbir Chaudhary (2023) Date of the Judgment: 28 April 2023 Citation: 2023 INSC 462 Judges: M.R. Shah, J. and C.T. Ravikumar, J. Can a buyer demand specific performance of a sale agreement if the agreement itself stipulates a remedy for non-performance? The Supreme […]
Supreme Court quashes criminal proceedings in share pledge dispute: Prakash Aggarwal vs. Ganesh Benzoplast Ltd. (2023) LEGAL ISSUE: Whether a contractual dispute involving the sale of pledged shares can be escalated into criminal charges of fraud and breach of trust. CASE TYPE: Criminal Case Name: Prakash Aggarwal vs. Ganesh Benzoplast Limited Judgment Date: 28 April
Supreme Court quashes criminal proceedings in share pledge dispute: Prakash Aggarwal vs. Ganesh Benzoplast Limited (2023) LEGAL ISSUE: Whether a criminal case for breach of trust and cheating can be initiated when shares pledged as security are sold by the lender as per the terms of the agreement. CASE TYPE: Criminal Case Name: Prakash Aggarwal
Supreme Court Upholds Fixed Price for Allotted Plots: Belgaum Urban Development Authority vs. Dhruva (2023) LEGAL ISSUE: Whether a development authority can demand additional payment for allotted plots after the initial price has been set, due to increased land acquisition costs. CASE TYPE: Civil Case Name: The Belgaum Urban Development Authority vs. Dhruva & Anr.
Supreme Court Upholds Fixed Price in Land Allotment Cases: Belgaum Urban Development Authority vs. Dhruva (2023) LEGAL ISSUE: Whether a development authority can demand additional payment for land after a final price has been agreed upon in the allotment letter and lease-cum-sale agreement, due to an increase in land acquisition compensation. CASE TYPE: Civil Law
Supreme Court deems Inter-Plant Transfer of Coal as ‘Change in Law’ in Power Supply Agreements LEGAL ISSUE: Whether a communication from Coal India Limited (CIL) allowing Inter-Plant Transfer (IPT) of coal constitutes a ‘Change in Law’ event under Power Purchase Agreements (PPAs). CASE TYPE: Electricity Law, Contract Law Case Name: Uttar Haryana Bijli Vitran Nigam
Supreme Court deems Inter-Plant Transfer of Coal a ‘Change in Law’ event: Uttar Haryana Bijli Vitran Nigam vs. Adani Power (2023) LEGAL ISSUE: Whether the communication dated 19th June 2013, issued by Coal India Limited allowing Inter-Plant Transfer (IPT) of coal, constitutes a ‘Change in Law’ event under the Power Purchase Agreement (PPA). CASE TYPE:
Date of the Judgment: 20 April 2023 Citation: Not Available in the provided document. Judges: B.R. Gavai, J. and Vikram Nath, J. Can changes in government policies and regulations lead to compensation in electricity contracts? The Supreme Court of India addressed this crucial question in a batch of appeals concerning power purchase agreements (PPAs). The
Supreme Court Clarifies ‘Change in Law’ Compensation in Power Purchase Agreements Date of the Judgment: 20 April 2023 Citation: 2023 INSC 398 Judges: B.R. Gavai, J. and Vikram Nath, J. Can power generating companies claim compensation for increased costs due to changes in government policies or regulations? The Supreme Court of India addressed this crucial
Supreme Court Upholds Change in Law Claim Under SHAKTI Policy in Power Purchase Agreement Dispute Date of the Judgment: 20 April 2023 Citation: (2023) INSC 347 Judges: B.R. Gavai, J. and Vikram Nath, J. Can a change in government policy regarding coal allocation be considered a “Change in Law” that justifies a tariff revision in
Supreme Court Upholds ‘Change in Law’ for Coal Block Deallocation in Power Agreement Dispute LEGAL ISSUE: Whether the deallocation of a coal block constitutes a ‘Change in Law’ event under a Power Purchase Agreement (PPA). CASE TYPE: Contract Law, Electricity Law Case Name: Maharashtra State Electricity Distribution Company Limited vs. Adani Power Maharashtra Limited and
Supreme Court Upholds ‘Change in Law’ Relief for Deallocation of Coal Blocks in Power Purchase Agreement Date of the Judgment: 20 April 2023 Citation: 2023 INSC 399 Judges: B.R. Gavai, J. and Vikram Nath, J. Can a power generating company claim relief under a Power Purchase Agreement (PPA) when a coal block allocated to it
