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2026

Tax Deduction
Lull in Business Not Cessation for Tax Deduction

1. Factual Background and Procedural History The appellant, Pride Foramer S.A., a French-incorporated non-resident company,…

Section 138 NI
Legally Enforceable Debt Under Section 138 NI Act Clarified

Factual Background and Procedural History The matter arose from a complaint under Section 138 of…

SARFAESI
Right of Redemption under SARFAESI Act: Post-Amendment Clarification

Factual Background and Procedural History The dispute in M. Rajendran v. KPK Oils and Proteins…

OTS Benefits
Defaulting Borrowers Cannot Claim OTS Benefits Without Meeting Conditions

1. Factual Background and Procedural History The Supreme Court’s judgment in Assistant General Manager, State…

SBI’s OTS Rejection Upheld: Borrower’s Non-Compliance Bars Relief

1. Factual Background and Procedural History The dispute in Assistant General Manager, State Bank of…

Counter-Claim
Counter-Claim Against Co-Defendant Not Maintainable

1. Factual Background and Procedural History The dispute arose from ownership rights over a bungalow…

 Validity of Insolvency Transactions under Section 37 of the Provincial Insolvency Act

Factual Background and Procedural History The dispute originated from a partnership firm, M/s Gavisiddheshwara &…

Reasoned Orders Required Before Referring Advocates for Misconduct

1. Factual Background and Procedural History The case arose from disciplinary proceedings initiated by the…

Cheque Dishonour
Court Clarifies Cash Loan Breach and Cheque Dishonour Liability

1. Factual Background and Procedural History The Supreme Court of India, in its landmark decision…

Arbitration
Appointment of Arbitrator Under Section 11 Despite Pending Appeals

1. Factual Background and Procedural History The present case arose from an Agreement for Purchase…