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Supreme Court of India

Claim of compassionate appointment is not vested right: Supreme Court

November 25, 2024 834 Views 0 comment Print

This Appeal has been preferred by the son of Shri Jai Prakash, a deceased constable in Haryana Police, seeking appointment on compassionate grounds, as his father and another constable died while on duty on 22.11.1997.

Money laundering cognizance against public servant without previous sanction untenable: Supreme Court

November 22, 2024 1005 Views 0 comment Print

Supreme Court held that cognizance of the offence under section 3 of the Prevention of Money Laundering Act, 2002 against the public servant without obtaining previous sanction under section 197(1) of the Code of Criminal Procedure, 1973 untenable in law.

Supreme Court Ruling on CENVAT Credit for Telecom Towers and PFBs

November 22, 2024 2025 Views 0 comment Print

Supreme Court rules on whether mobile towers and prefabricated buildings qualify as “capital goods” for CENVAT credit in the telecom sector.

Fresh application u/s. 11(6) of Arbitration and Conciliation Act not maintainable as no liberty granted at the time of withdrawal of first application

November 20, 2024 1257 Views 0 comment Print

Supreme Court held that fresh application under section 11(6) of the Arbitration and Conciliation Act, 1996 is not maintainable in the absence of any liberty being granted at the time of withdrawal of the first application.

Corporate debtor to be taken in liquidation due to non-implementation of resolution plan even after lapse of 5 years

November 20, 2024 1017 Views 0 comment Print

Supreme Court held that jurisdiction under Article 142 of the Constitution of India invoked due to non-implementation of approved resolution plan even after five years of the approval. Accordingly, it is directed that the corporate debtor be taken in liquidation.

Officers of DRI entrusted to issue notice for recovery of duty u/s. 28 of Customs Act: Supreme Court

November 20, 2024 1347 Views 0 comment Print

Supreme Court held that officers of DRI are entrusted with the functions of proper officer and thus has jurisdiction to issue show cause notices for recovery of duty under section 28 of the Customs Act, 1962.

Scope of inquiry u/s. 11 of Arbitration and Conciliation Act is limited: Supreme Court

November 20, 2024 759 Views 0 comment Print

Supreme Court held that the scope of inquiry under Section 11 of the Arbitration and Conciliation Act, 1996 is limited to ascertaining the prima facie existence of an arbitration agreement. Thus, appeal allowed due to existence of arbitration agreement.

Financial decision by Committee of Creditors while evaluating resolution plan will prevail: Supreme Court

November 14, 2024 663 Views 0 comment Print

Supreme Court held that the financial decisions as have been taken by Committee of Creditors, especially with regard to viability or otherwise, while evaluating the resolution plan would prevail.

SC laid down legal framework for withdrawal and settlement of claims in CIRP while adjudging Byju’s matters

November 8, 2024 1170 Views 0 comment Print

Supreme Court while adjudicating matters emphasized the need to follow the legal framework laid down by statutory provisions for the withdrawal of petitions and settlement of claims in a Corporate Insolvency Resolution Process (CIRP).

SC on liability of banker for allowing operation of locker restrained by Income Tax Department

November 4, 2024 10107 Views 0 comment Print

Supreme Court clears HDFC Bank officials of liability for allowing locker operation, quashes FIR due to lack of fraudulent intent and mens rea.

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