Date of the Judgment: January 2, 2025 Citation: (2025) INSC 34 Judges: Justice J.B. Pardiwala and Justice R. Mahadevan Can company directors be held liable for environmental offenses committed by their company? The Supreme Court of India recently addressed this question, clarifying the scope of vicarious liability under the Punjab Land Preservation Act, 1900. The […]
Supreme Court quashes criminal proceedings in corporate dispute: Dinesh Gupta vs. State of Uttar Pradesh (2024) INSC 32 (11 January 2024) LEGAL ISSUE: Whether a criminal case can be initiated for a dispute that is essentially civil and commercial in nature, especially when there is a deliberate attempt to mislead the court regarding jurisdiction. CASE
Supreme Court Clarifies “Related Person” Definition under Central Excise Act: Bilag Industries vs. Commissioner of Central Excise (2023) LEGAL ISSUE: Whether the price at which a company sells its products to a buyer should be treated as a transaction with a “related person” under Section 4(4)(c) of the Central Excise Act, 1944. CASE TYPE: Central
Supreme Court Approves Resolution Plan for Reliance Home Finance Limited, Protecting Small Debenture Holders (2023) LEGAL ISSUE: Approval of a Resolution Plan (RP) for a financially distressed company, specifically concerning the rights of debenture holders. CASE TYPE: Corporate Insolvency/Finance Case Name: Authum Investment and Infrastructure Limited v. R.K. Mohatta Family Trust and Others [Judgment Date]:
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 Orders Arbitration in Shareholder Dispute: VGP Marine Kingdom vs. Kay Ellen Arnold (2022) LEGAL ISSUE: Whether a court can refuse to appoint an arbitrator under Section 11(6) of the Arbitration and Conciliation Act, 1996, if prior arbitration proceedings or related matters are pending before the National Company Law Tribunal (NCLT). CASE TYPE: Arbitration
Supreme Court Allows Withdrawal of Appeals in Multiple Cases Related to NCLAT Orders LEGAL ISSUE: Withdrawal of appeals based on the final order passed by the appellate tribunal. CASE TYPE: Corporate Law, specifically concerning appeals against orders of the National Company Law Appellate Tribunal (NCLAT). Case Name: L&T Infrastructure Finance Company Limited & Ors. vs.
Supreme Court Allows Withdrawal of Appeals in Multiple Cases Related to NCLAT Orders Read Post »
Vodafone Essar Cellular Ltd. vs. Assistant Commissioner of Income Tax: Supreme Court Allows Withdrawal of Appeals LEGAL ISSUE: Withdrawal of appeals by the appellant. CASE TYPE: Income Tax Case Name: Vodafone Essar Cellular Ltd. vs. Assistant Commissioner of Income Tax [Judgment Date]: 29 September 2021 Introduction Date of the Judgment: 29 September 2021 Judges: Uday
Supreme Court Upholds NCLAT Order in Corporate Insolvency Case LEGAL ISSUE: Whether the National Company Law Appellate Tribunal (NCLAT) order in a corporate insolvency case warrants interference by the Supreme Court. CASE TYPE: Corporate Insolvency Case Name: Ashish Saraf vs. Bhuvan Madan & Ors. and FACOR Alloys Limited vs. Bhuvan Madan & Ors. [Judgment Date]:
Supreme Court Dismisses Appeal on Resolution Plan Approval: Panch Tatva Promoters vs. GPT Steel Industries (2021) Date of the Judgment: September 17, 2021 Citation: Not Available Judges: Justice Dinesh Maheshwari and Justice Vikram Nath Can a higher court interfere with a resolution plan approved by the Committee of Creditors before it goes to the Adjudicating
Supreme Court Upholds NCLAT Order in Gulabchand Jain vs. Ramchandra D. Choudhary (2021) Date of the Judgment: 17 September 2021 Citation: Not Available Judges: Justice Ajay Rastogi and Justice Abhay S. Oka. Can the Supreme Court interfere with an order passed by the National Company Law Appellate Tribunal (NCLAT)? This question was addressed in a
Supreme Court Clarifies Binding Nature of Resolution Plans on Government Bodies Date of the Judgment: 13 April 2021 Citation: (2021) INSC 210 Judges: B.R. Gavai, J., R.F. Nariman, J., Hrishikesh Roy, J. Can a resolution plan approved under the Insolvency and Bankruptcy Code, 2016 (I&B Code) bind government bodies, including tax authorities? The Supreme Court
