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Supreme Court Decides: Resolution Applicant Eligibility Cut-Off Date Under S.240A Tied to Resolution Plan Submission, Not CIRP Initiation

In a pivotal ruling, the Supreme Court has clarified that, according to Section 240A of the Insolvency and Bankruptcy Code, the decisive date for determining the eligibility of a resolution applicant to submit a resolution plan is the date of submission of the plan, not the initiation date of the Corporate Insolvency Resolution Process (CIRP). …

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Supreme Court Emphasizes Criticality of Timely FIRs, Acquits Accused in Landmark Judgment

In a groundbreaking decision, the Supreme Court has acquitted an individual convicted by the Madras High Court under Section 304 of the IPC, asserting that the prosecution failed to establish the accusations beyond a reasonable doubt. The Court, comprising Justices BR Gavai, Dipankar Datta, and Aravind Kumar, emphasized the importance of credible evidence and highlighted …

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Landmark Decision: Promoters Cleared to Submit Resolution Plans Despite MSME Registration Post CIRP Kickoff

In a groundbreaking ruling, the Supreme Court has paved the way for Corporate Debtor promoters to submit resolution plans, even if the entity was registered as a Micro, Small, and Medium Enterprise (MSME) after the initiation of the Corporate Insolvency Resolution Process (CIRP). The court overturned a National Company Law Appellate Tribunal (NCLAT) order that …

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Judicial Jolt: Supreme Court Alarmed as Advocate Declines High Court Battle, Contempt Notice Issued

In a stunning courtroom development, the Supreme Court, on December 1, expressed its astonishment when an advocate refused to present arguments before the Allahabad High Court during a criminal appeal. The case revolves around the conviction of the accused under various sections of the Indian Penal Code, 1860. Seeking relief, the appellants had approached the …

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Supreme Court Mandates NALSA to Draft Blueprint for Enforcing Amended Motor Vehicles Act

In a decisive move, the Supreme Court has instructed the National Legal Services Authority (NALSA) to architect a comprehensive plan for executing the revised Motor Vehicles Act and the Central Motor Vehicles Rules. Rendered by a bench presided over by Justice J K Maheshwari and Justice K V Viswanathan, this directive transpired during proceedings concerning …

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High Court Upholds Natural Justice Principles in Employment Termination Case

The High Court of Jammu & Kashmir and Ladakh recently dismissed appeals challenging a lower court’s decision on the termination of employees from the Jammu and Kashmir State Forest Corporation (J&K SFC). The case, involving the termination of employees who were initially engaged on a casual basis and later regularized, centered on the adherence to …

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Supreme Court Rules on Consolidation of FIRs in Multi-State Fraud Case

In a recent judgment, the Supreme Court of India has made a significant decision regarding the consolidation of multiple First Information Reports (FIRs) filed in different states. The petitioner, Amanat Ali, sought the consolidation of various FIRs registered against him in Madhya Pradesh, Karnataka, and Jharkhand. These FIRs, involving charges of fraud and deception, were …

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Landmark Verdict: Supreme Court Validates Abrogation of Jammu and Kashmir’s Special Status

In a historic ruling on December 11, the Supreme Court endorsed the Union Government’s 2019 decision to revoke the special status of Jammu and Kashmir under Article 370 of the Constitution. The court asserted that J&K had no internal sovereignty, and the state government’s consent was not necessary to apply the Indian Constitution. Emphasizing that …

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Supreme Court Orders Swift Restoration of Jammu & Kashmir Statehood, Mandates Assembly Elections by September 2024

In a landmark ruling on December 11, 2023, the Supreme Court has directed the Union Government to fast-track the reinstatement of statehood for Jammu and Kashmir, excluding the Union Territory of Ladakh. The Constitution Bench, presided over by Chief Justice of India DY Chandrachud and comprising Justices Sanjay Kishan Kaul, Sanjiv Khanna, BR Gavai, and …

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Supreme Court Asserts Parliament’s Authority to Carve Union Territories from States

In a recent landmark decision, the Supreme Court, while upholding the abrogation of Jammu and Kashmir’s special status under Article 370, underscored Parliament’s authority to carve out Union Territories from existing states. Chief Justice of India DY Chandrachud, leading a Constitution Bench, upheld the Jammu and Kashmir Reorganisation Act of 2019, which resulted in the …

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