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Supreme Court of India

Notes of account do form part of Balance Sheet: Supreme Court

April 25, 2024 17064 Views 0 comment Print

Dive into the recent Supreme Court judgment on State of Bihar & Ors vs Ziqitza Health Care Ltd., highlighting the significance of explanatory notes in balance sheets.

SC Rejects PIL for 3-Year LLB After High School Feasibility Assessment

April 23, 2024 1902 Views 0 comment Print

Ashwini Kumar Upadhyay Vs. Union of India (Supreme Court of India) Supreme court rejected the admission of the PIL “to set up an expert committee” for assessing the feasibility of introducing 3 years, LLB after high school Introduction: The Law profession being one of the noble and professional studies, requires the knowledge, expertise and maturity […]

SC verdict on jurisdiction of Special Courts under IBC, 2016

April 21, 2024 330 Views 0 comment Print

Insolvency And Bankruptcy Board of India Vs Satyanarayan Bankatlal Malu & Ors (Supreme Court of India) The recent Supreme Court ruling in the case of Insolvency And Bankruptcy Board of India Vs Satyanarayan Bankatlal Malu & Ors clarifies the jurisdiction of Special Courts under the Insolvency and Bankruptcy Code. Analyzing the provisions of Section 236(1) […]

Mandatory registration of Memorandum of entry not required in Karnataka: SC

April 18, 2024 1332 Views 0 comment Print

Understand the implications of the State of Haryana vs. Navir Singh case on mandatory registration of Memorandum of Entry in Karnataka and its impact on mortgage laws.

SC refuses to entertain Appeal against NCLAT order remanding Appeal to NCLT

April 18, 2024 282 Views 0 comment Print

Supreme Court refuses to entertain appeal challenging NCLAT’s remand of NCLT order on Resolution Plan approval. Get insights on the case between Bank of Baroda and Suchi Paper Mills.

Moratorium under IBC does not shield directors/officers from liability: SC

April 18, 2024 411 Views 0 comment Print

In a case involving Ansal Crown Heights Flat Buyers Association vs. Ansal Crown Infrabuild Pvt. Ltd., the Supreme Court rules that the moratorium under Section 14 of the IBC does not prevent executing a decree against directors/officers.

Deceased Partner’s Heirs Not Liable for Firm’s Obligations: SC

April 16, 2024 3120 Views 0 comment Print

Supreme Court ruling clarifies legal heirs’ non-liability for firm debts after partner’s demise. Detailed analysis & judgment overview.

Resolution Applicant Can’t Withdraw or Modify Plan After Creditor Committee Approval: SC

April 14, 2024 468 Views 0 comment Print

Detailed analysis of Deccan Value Investors L.P. & Anr vs. Dinkar Venkatasubramanian & Anr case. Supreme Court prohibits withdrawal or modification of resolution plans after Committee of Creditors’ approval.

No coercive action on Congress till Lok Sabha polls: I-T dept to SC

April 12, 2024 1203 Views 0 comment Print

Supreme Court halts coercive action against Indian National Congress in Rs 3500 crore income tax dispute until pending civil appeal is resolved. Full text of judgment provided.

HC Can’t Rule on Good Faith Clause for GST Officers Pre-Litigation: SC

April 12, 2024 591 Views 0 comment Print

Supreme Court’s decision regarding availability of good faith clause to GST officers before legal proceedings. Get insights into judgment in State of Gujarat & Anr. Vs Paresh Nathalal Chauhan case.

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