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Supreme Court of India

HC Cannot Direct ED to Register ECIR Based on Prima Facie Predicate Offence: SC

March 24, 2025 912 Views 0 comment Print

Supreme Court overturns High Court’s order to register ECIR, stating it lacked grounds. Enforcement Directorate to decide on PMLA proceedings.

SC Criticizes NCLAT’s Hyper-Technical Approach, Lengthy Orders & Allows Delay Condonation

March 24, 2025 879 Views 0 comment Print

Supreme Court addresses IBC appeal delay; Power Infrastructure India vs. Power Finance Corp. NCLAT’s strict timeline adherence questioned.

SC upholds validity of e-auction sale conducted by bank

March 21, 2025 1332 Views 0 comment Print

Supreme Court overturns High Court ruling, upholds e-auction sale under SARFAESI Act. Bank directed to return surplus funds to borrowers.

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

March 21, 2025 1056 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 1800 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 4497 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 13080 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 795 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 978 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 1392 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.

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