Tag: supreme court
Top 5 I&B Code Supreme Court Landmark Judgments, 2023
1. Supreme Court clarified position on limitation period barring operational claims arising out of multiple invoices In March 2023, the Supreme Court (SC) division bench in M/s. Next Education India Pvt. Ltd. Vs. M/s. K12
NCLT to Record Cogent Reasons While Rejecting Resolution Plan u/s 31(2) of IBC: Supreme Court
The Hon’ble Supreme Court of India recently concluded that the National Company Law Tribunal (“NCLT”) while exercising its power under Section 31(2) of the Insolvency and Bankruptcy Code, 2016 (“IBC”) while rejecting a resolution plan
Parties Entitled to Final Arguments even in the absence of Written Statement: Supreme Court
In a remarkable judgement, the Division Bench of the Hon’ble Supreme Court comprising of Justice B. V. Nagarathna and Ujjal Bhuyan, has set aside the order of the National Consumer Disputes Redressal Commission (“NCDRC”), for
Supreme Court Holds Homebuyers Who Secure Decree under RERA Are Not Different from Other Financial Creditors Under IBC
In a notable judgment[1], the Hon’ble Supreme Court (“SC”) held that homebuyers cannot be treated differently from other ‘financial creditors’ under the Insolvency and Bankruptcy Code, 2016 (IBC) merely on the ground of securing favorable
Airlines shall be held liable for default in the services promised by its Agent: Supreme Court
The Hon’ble Supreme Court (“SC”) in a recent notable judgment held that the Airlines shall be bound by the time schedule promised by its agent. In the instant case the Appellant, Rajasthan Art Emporium booked
Rights on An Immovable Property transferred Under an Agreement To Sell are not Conveyance Of Ownership: Supreme Court
In a recent judgment, passed in the matter of Munishamappa v.M.Rama Reddy and Ors.,[1]the Hon’ble Supreme Court (“SC”) clarified the fundamental principle of the conveyancing of immovable property, under section 54 of the Transfer of
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