August 3, 2024 In Blog, Uncategorized

Supreme Court Upholds the Provisions of Section 28 of the Customs Act That Mandates the Payment of Interest In Addition to Duty.

INTRODCUTION In a recent judgement of M/S Navayuga Engineering Co. Ltd. V. Union of India & Anr. vide Order dated 23/07/2024. The Hon’ble Supreme Court in its judgement discussed the provisions of Customs Act, 1962….

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August 3, 2024 In Blog, Uncategorized

SUPREME COURT MANDATES COMPLIANCE WITH MSME RESTRUCTURING FRAMEWORK BEFORE CLASSIFYING MSME ACCOUNTS AS NPAs

Introduction A two- Judge Bench of the Supreme Court comprising of Justice Bela M. Trivedi and Justice R. Mahadevan passed an Order dated 01.08.2024 in Civil Appeal No 8332 Of 2024 (@ Special Leave Petition…

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August 3, 2024 In Blog, Uncategorized

SUPREME COURT HOLDS DIRECTORS ARE VICARIOUSLY LIABLE FOR COMPANY ACTIONS ONLY WHEN PLEADINGS SPECIFICALLY AVER THE SAME

A two-Judge Bench of the Supreme Court comprising of Justice Abhay S. Oka and Augustine George Masih passed a Judgement dated 01-08-2024 in the matter of National Housing Bank vs. Bherudan Dugar Housing Finance Ltd….

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August 3, 2024 In Blog, Uncategorized

SUPREME COURT REMANDS CASE PERTAINING TO SPICEJET TAKEOVER TRANSACTION BACK TO DELHI HIGH COURT FOR PROPER ADJUDICATION OF VALIDITY OF ARBITRAL AWARD

In a recent case of Kalanithi Maran Vs Ajay Singh & Anr. SLP (C) No. 14936 / 2024 along with connected petition: S.L.P.(C) No.14741/2024, a three Judge Bench of the Hon’ble Supreme Court comprising of…

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July 27, 2024 In Blog, Uncategorized

SUPREME COURT DIRECTS HIGH-POWERED SUPERVISORY COMMITTEE TO OVERSEE ASSET LIQUIDATION AND INVESTOR REFUNDS IN FINANCIAL FRAUD CASE

INTRODUCTION A two- Judge Bench of the Supreme Court comprising of Justice Surya Kant and Justice K.V. Vishvanathan passed an Order dated 15.07.2024 in Writ Petition (Crl.) No. 546 of 2023 in Balasaheb Keshawrao Bhapkar…

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July 27, 2024 In Blog, Uncategorized

SUPREME COURT REFUSES TO ALLOW FRESH EXAMINATION OF NEET-UG 2024 OWING TO LACK OF EVIDENCE OF BREACH OF SANCTITY OF EXAM AS A WHOLE

In the much-awaited judgment involving question of conducting a fresh examination of the National Eligibility-cum-Entrance Test (NEET-UG) 2024 for all candidates, a three Judge Bench of the Hon’ble Supreme Court comprising of CJI Dr DY…

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July 27, 2024 In Blog, Uncategorized

SUPREME COURT HOLDS THAT A PROMOTION IS EFFECTIVE FROM THE DATE IT IS GRANTED AND NOT FROM THE DATE OF VACANCY

A two Judge Bench of Supreme Court comprising of Justice Hima Kohli and Justice Ahsanuddin Amanullah passed a judgement dated 23.07.2023 in Bihar State Electricity Board and Ors. v. Dharamdeo Das Civil Appeal No. 6977…

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July 27, 2024 In Blog, Uncategorized

SUPREME COURT CLARIFIES THAT THE MARKET FEE AND RURAL DEVELOPMENT FEE, MENTIONED UNDER TWO DIFFERENT STATUES ARE DISTINCT.

Introduction A two-judge Bench of the Hon’ble Supreme Court, comprising of Justice Vikram Nath and Justice Prashant Kumar Mishra, passed a Judgement dated 15.07.2024 in STATE OF PUNJAB & ORS. vs. M/S PUNJAB SPINTEX LTD….

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July 27, 2024 In Blog, Uncategorized

SUPREME COURT’S NARRATIVE ON CONSUMER RIGHTS & REAL ESTATE LAWS: DEFENDING HOME BUYERS.

INTRODUCTION In the present judgement of, “Kaushik Narsinhbhai Patel & Ors. vs M/s. S.J.R. Prime Corporation Private Limited & Ors.” vide order 22/07/2024, adjudicated by the Supreme Court of India, the significant issues pertaining to…

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July 27, 2024 In Blog, Uncategorized

SUPREME COURT HOLDS THAT PRINCIPLES OF PROMISSORY ESTOPPEL AND LEGITIMATE EXPECTATION DO NOT BIND STATE FROM CREATING POLICIES

INTRODUCTION The Bench comprising of Hon’ble Justice Vikram Nath and Hon’ble Justice Ahsanuddin Amanullah of the Hon’ble Supreme Court reiterated the principles of promissory estoppel and legitimate expectation while partly allowing appeals in the matter…

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