The Supreme Court on Monday held that the NCLT has jurisdiction to adjudicate disputes, which arises solely or relates to the insolvency of a corporate debtor. The top court, however, cautioned the National Company Law Tribunal (NCLT) and its appellate tribunal (NCLAT) to ensure that they do not usurp the legitimate jurisdiction of other courts, tribunals and forum, when the dispute is not related to the insolvency of the Corporate Debtor. A bench of Justices DY Chandrachud and M R Shah said, Therefore, considering the text of Section 60(5)(c) (of IBC) and the interpretation of similar provisions in other insolvency related statutes, NCLT has jurisdiction to adjudicate disputes, which arise solely from or which relate to the insolvency of the Corporate Debtor. The top court verdict came on an appeal filed by Gujarat Urja Vikas Nigam Ltd against a NCLAT order by which it had upheld the decision of NCLT staying the termination of Power Purchase Agreement (PPA) entered with a firm ...
Chadha claimed the Haryana government has reduced the supply of raw water to Delhi, resulting in shortage of water supply in the national capital
While disposing of the Suo moto case, the Supreme Court in an order on Monday extended the limitation
The top court said the reputation of the judiciary is in the hands of its lawyers, the 'Bar'
Supreme Court judge Justice Sanjay Kishan Kaul on Saturday said there was a need for greater and in-depth study of the Constitution
The top court also granted interim protection from arrest to Amazon Prime Video's India head Aparna Purohit in FIRs lodged over web series Tandav.
The Supreme Court on Friday said that it is fed up with cut, copy and paste business done in this computer age by the High Courts
Prime Minister Narendra Modi on Friday interacted with India Inc for information sharing and brainstorming on Production Linked Incentive (PLI) schemes. Stay tuned for Latest LIVE news
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While granting interim protection from arrest to Amazon Prime Video's India head Aparna Purohit, the apex court said that law has to be framed to put in place a mechanism to control OTT platforms
The top court stressed that there should be some screening of shows and web series being telecast on such platforms
The court will hear a batch of petitions on a plea by women officers in the Indian Army who had approached the Apex Court over non-implementation of its order to grant them a permanent commission
Dismisses PIL against Farooq Abdullah over his comments on Article 370
The apex court had on March 23 last year invoked its plenary power under Article 142 of the Constitution to extend the limitation period of appeals from courts or tribunals on account of the pandemic
Javed Akhtar has filed a caveat in the Supreme Court saying that he be heard in connection with Bollywood actress Kangana Ranaut and her sister Rangoli Chandel's plea seeking transfer of cases
The Supreme Court will hear on Thursday the plea of Amazon Prime Video's India head Aparna Purohit
Anuj Jain was appointed by the top court under the Insolvency and Bankruptcy Code (IBC) and was entrusted with the task to ensure functioning of Jaypee Infratch
Supreme Court will hear on March 3 an appeal filed by Amazon Prime's Commercial Head, Aparna Purohit against the Allahabad High Court order that denied her anticipatory bail
The court held that there is no liability for Indian companies to deduct tax at source with respect to purchase of software from foreign companies.
The SCBA president said that hearing in open Court is both the convention and the constitutional requirement in the Supreme Cour