SC Says SEBI’s Penalty on R.T. Agro Over Related Party Transactions Was not justified
SEBI v. R.T. Agro (P.) Ltd. Brief Facts of the Case The case between the Securities and Exchange Board of India (SEBI) and R.T. Agro (P.) Ltd. centred on alleged…
Ravi Dhingra v. State of NCT of Delhi: Supreme Court’s Key Decision on Section 138 NI Act
In the case of Ravi Dhingra v. State of NCT of Delhi & Anr. (Criminal Appeal No. 5479/2024), the Supreme Court of India addressed the necessity of specific averments in…
Supreme Court Clarifies Financial Creditors Under IBC: China Development Bank v. Doha Bank
In the case of China Development Bank v. Doha Bank Q.P.S.C. & Ors. (Civil Appeal No. 7298 of 2022), the Supreme Court of India addressed the classification of financial creditors…
How to Challenge a Resolution Plan Before the NCLT: Best Practices and Legal Perspectives
The Insolvency and Bankruptcy Code (IBC), 2016, is India’s landmark legislation designed to resolve insolvency and bankruptcy cases efficiently. Central to the IBC process is the Resolution Plan, which determines…
Understanding Section 14 of the Limitation Act in IBC Appeals
In the case of Kalyan Muppaneni v. K. Computers and Anr., the National Company Law Appellate Tribunal (NCLAT) Chennai addressed the applicability of Section 14 of the Limitation Act, 1963,…
Drafting SaaS Contracts: Legal and Regulatory Considerations
Software as a Service (SaaS) contracts are complex legal agreements that govern the relationship between service providers and customers in cloud-based software delivery. As businesses increasingly rely on cloud solutions,…
Non-signatories in Arbitration: Supreme Court Sets Precedent in Ajay Madhusudan Patel v. Jyotrindra S. Patel
Ajay Madhusudan Patel v. Jyotrindra S. Patel, 2024 SC 2597 Brief Facts: The case arose from a family dispute involving two prominent groups—the AMP Group (led by Ajay Madhusudan Patel)…
Breach of Contract in Corporate Joint Ventures: Legal Framework
Joint ventures (JVs) represent a crucial business strategy for companies looking to combine resources, expertise, and market presence. However, these partnerships can face significant challenges when one party fails to…
Legal Analysis of Pre-Arbitral Procedures: Delhi High Court’s Ruling on Arbitration
Court: Delhi High Court Case Name: Sri Ganesh Engineering Works v. Northern Railway and Anr. Order Date: 10/12/2024 Appeal No: ArbP-808/2024-HC Issue: whether invoking arbitration requires completing pre-arbitral processes like…
Statutory Delays Not Force Majeure: NCLT Admits Insolvency Against Raheja Developers
Insolvency Proceedings Against Raheja Developers Facts of the Case Background Homebuyers filed an insolvency petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) against Raheja Developers Ltd.,…