Bank Guarantee Dispute: Supreme Court Rules on Financial Security in Corporate Litigation
The case of South Eastern Coalfields Ltd. vs. Birla Corporation Ltd. & Anr. revolves around the invocation of a bank guarantee worth Rs. 91 lakhs and…
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Mining Lease Dispute and Rescission of Contract in Haryana
The case at hand revolves around a mining lease dispute involving M/s. Sunder Marketing Associates (the petitioner) and the State of Haryana. The petitioner, through a…
Demurrage and Detention Charges: Supreme Court Rules on Importers’ Liability
The Supreme Court’s judgment in Mumbai Port Trust vs. M/s Shri Lakshmi Steels & Ors., delivered on July 27, 2017, addressed a crucial dispute regarding the…
Drug Price Control: Supreme Court Rules in Favor of GlaxoSmithKline
The Supreme Court’s judgment in GlaxoSmithKline Pharmaceuticals Ltd. & Anr. vs. Union of India & Ors., delivered on July 18, 2017, addressed a dispute regarding the…
Supreme Court Allows K-Link Healthcare to Approach High Court for Quashing Criminal Proceedings
The Supreme Court in M/S. K-Link Healthcare (India) Pvt. Ltd. vs. State of Kerala & Ors. addressed a significant issue concerning the freezing of bank accounts…
Supreme Court Quashes Criminal Case Against Bank Officials in Loan Recovery Dispute
The Supreme Court of India in K. Sitaram & Anr. vs. CFL Capital Financial Service Ltd. & Anr. ruled on the liability of bank officials in…
Supreme Court Orders Protection of Compensation Funds in Baranagore Jute Factory Case
The Supreme Court of India, in a significant ruling in Baranagore Jute Factory PLC Mazdoor Sangh (BMS) & Ors. vs. Baranagore Jute Factory PLC & Ors.,…
Corporate Insolvency and Bankruptcy: Supreme Court Clarifies Proceedings Under the New Code
Introduction The Supreme Court of India, in the case of Bank of New York Mellon, London Branch v. Zenith Infotech Limited, addressed the applicability of the…
Supreme Court Upholds Cancellation of Land Allotment to Mesco Kalinga Steel Ltd.
The Supreme Court of India, in its judgment dated February 14, 2017, delivered a significant ruling in the case of Orissa Industrial Infrastructure Development Corporation (IDCO)…
Debt Recovery Tribunals and Financial Disputes: Supreme Court Directs Government for Reforms
The Supreme Court of India, in the case of Centre for Public Interest Litigation vs. Housing & Urban Development Corporation Ltd & Ors., addressed a critical…