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 Upholds Liquidation Order After Failed Resolution Plan Implementation LEGAL ISSUE: Whether a resolution plan can be reversed to liquidation due to the failure of the resolution applicant to implement the plan despite multiple opportunities. CASE TYPE: Insolvency Law Case Name: Kridhan Infrastructure Pvt Ltd (Now known as Krish Steel and Trading Pvt Ltd)
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
