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Supreme Court of India

SC Interprets the word ‘May’ under Negotiable Instrument Act, 1881

March 21, 2025 1011 Views 0 comment Print

SC quashes Punjab HC order dismissing plea under CrPC 482. Case remitted to Sessions Court for re-examination of deposit requirement in NI Act conviction.

Interim Compensation under Section 143A of NI Act Not mandatory: SC

March 21, 2025 1668 Views 0 comment Print

SC clarifies scope of Section 143A of NI Act, holding interim compensation as discretionary, not mandatory, in cheque bounce cases. Appeal partly allowed.

Draft MoUs and WhatsApp Chats Alone Don’t Form Binding Contracts: SC

March 21, 2025 4395 Views 0 comment Print

Mere exchange of draft MoUs or discussions on WhatsApp does not amount to a binding contract, especially when a formal agreement remains unsigned.

Supreme Court Quashes Cheque Bounce Case Against Director

March 20, 2025 13026 Views 1 comment Print

The Supreme Court ruled that insolvency moratorium under IBC shields corporate directors from Section 138 NI Act cases, quashing proceedings against Vishnoo Mittal.

Supreme Court Dismisses SLP on Delay in KIIT Case

March 19, 2025 741 Views 0 comment Print

Supreme Court dismisses SLP by CIT (Exemptions) against KIIT due to a 504-day delay in filing. Development fees were treated as capital expenditure.

Supreme Court Rejects 1011-Day Delay in Second Appeal

March 18, 2025 828 Views 0 comment Print

The Supreme Court overturned the Andhra Pradesh High Court’s decision to condone a 1011-day delay in filing a second appeal, citing lack of sufficient cause.

Police Can’t Act on Cognizable Offences Under Drugs & Cosmetics Act: SC

March 18, 2025 1296 Views 0 comment Print

Supreme Court rules on police authority in cognizable drug-related offences under Chapter IV of the Drugs Act, emphasizing the role of Drugs Inspectors.

Penalties imposed by NCDRC are regulatory & not constitute debt under IBC: SC

March 18, 2025 2481 Views 0 comment Print

Supreme Court held that the penalties imposed by the National Consumer Disputes Redressal Commission [NCDRC] are regulatory in nature and do not constitute “debt” under the IBC. Thus, penalty imposed by NCDRC needs to be complied with.

Charger Not Taxable Separately When Sold With Phone Under Single MRP: SC

March 18, 2025 1131 Views 0 comment Print

Supreme Court held that when a cell phone is sold along with a charger there is only one Maximum Retail Price and hence charger cannot be taxed separately under Uttar Pradesh Value Added Tax Act, 2007 [UP VAT Act].

Directors Not automatically Liable for Company’s wrongful Acts Without Direct Involvement

March 10, 2025 909 Views 0 comment Print

High Court failed to examine whether the complaint, even if taken at face value, established the personal liability of the directors under the Punjab Land Preservation Act, 1900.

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