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NCLT to hear Ireda's plea seeking insolvency against Gensol Engineering

NCLT to hear Ireda's plea against Gensol Engineering over a ₹510 crore default, but denies appointment of an IRP, citing the need to hear the company's side first

President's invocation of Article 143 rare but not first time, say experts

President Murmu's referral to the Supreme Court under Article 143(1) revives a rare constitutional tool used to seek advisory opinions on complex legal questions

Don't stretch your power beyond statute: NCLT chairperson cautions litigant

NCLT Chairperson R Sudhakar says tribunal must operate within IBC and Companies Act as BPSL liquidation returns to Delhi bench after Supreme Court's recent ruling

Vi files fresh petition in SC, seeks ₹30K crore waiver on AGR dues

Telco seeks waiver of over ₹30,000 crore of Adjusted Gross Revenue (AGR) dues towards penalties and interest as Supreme Court hearing is expected on 19 May

BCI amends rules, restricts foreign lawyers to non-litigious matters

BCI amends 2022 rules to allow foreign lawyers and firms to practise foreign law in India on reciprocity, with provisions for Indian lawyers to register abroad

Justice Gavai takes oath as 52nd CJI, becomes first Buddhist to take post

Justice Bhushan Ramkrishna Gavai, the first Buddhist Chief Justice of India, was sworn in at Rashtrapati Bhavan and will serve a tenure of over six months till November 2025

May prefer fresh insolvency process, say Bhushan Power & Steel lenders

The tribunal was hearing a plea filed by BPSL's former promoter Sanjay Singhal, seeking enforcement of the Supreme Court's recent order directing the company's liquidation

Volume-based discounts do not amount to discriminatory pricing: SC

Verdict could influence CCI's probe into tech giants like Google, Amazon: Experts

CJI Khanna sends report on Justice Varma to President Murmu, PM Modi

The in-house procedure of inquiry has been developed by the Supreme Court to probe into complaints of alleged misbehaviour against judges of the higher judiciary

Delhi HC orders seizure of another 129 EVs tied to Gensol and BluSmart loan

Delhi HC restrains Gensol and BluSmart from selling or transferring 129 hypothecated EVs after STCI Finance alleges ₹15 crore loan default and risk of asset dissipation

Delhi HC bars Gensol & BluSmart from transferring or selling over 220 EVs

Delhi HC bars BluSmart and Gensol from creating third-party rights over 220 EVs leased by SMAS Auto and Shefasteq, taking total restricted vehicles to 490

Online gaming firms oppose retrospective 28% GST, not the levy itself

Gaming firms tell Supreme Court they accept 28 per cent GST on entry value but challenge retrospective tax demands based on gross volume rather than real stakes

Betting can never be a game of skill, Centre tells Supreme Court

Centre argues in SC that all betting, even on games of skill, qualifies as gambling and must attract 28 per cent GST under the law, regardless of game classification

SC makes assets of 21 judges public after April resolution decision

The incoming Chief Justice of India Justice B R Gavai has more than Rs 19.63 lakh as deposits in the bank

NCLT, NCLAT can't review PMLA decision: Supreme Court in BPSL case

The Supreme Court has ruled that NCLT and NCLAT lack judicial review power over statutory decisions under the PMLA in the Bhushan Power and Steel liquidation case

No difference between skill and chance in GST levy, Centre tells SC

Centre argues before Supreme Court that betting on game outcomes is gambling and attracts 28% GST, regardless of whether the game is based on skill or chance

Delhi restaurants refuse to budge on service charge despite HC order

Experts say errant establishments could face contempt of court proceedings

BPSL liquidation: What is Article 142? When can the Supreme Court use it?

Article 142 says that Supreme Court, in the exercise of its jurisdiction, may pass such decree or make such order as is necessary for doing complete justice in any cause or matter pending before it

Supreme Court scraps IBC buyout of Bhushan Power & Steel by JSW Steel

Calls resolution plan 'illegal', orders BPSL's liquidation

Courts have the power to modify arbitral awards but with limitations: SC

4:1 verdict sets strict conditions for any intervention