arbitration damage
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Delhi High Court: “Section 37 Appeal Cannot Re-Appreciate Evidence or Rewrite the Contract” — Holds Arbitral Findings on Wrongful Termination of Collaboration Agreement and ₹1.65 Crore Damages Were Reasoned, Plausible, and Beyond Interferenc

Court’s decision The Delhi High Court dismissed an appeal under Section 37 of the Arbitration and Conciliation Act, 1996, affirming the learned Single Judge’s refusal to set aside an arbitral…
February 17, 2026
PMLA case
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Delhi High Court: “Guilt by Association Insufficient; No Material Showing Proceeds of Crime” — Grants Bail to Founding Member of Popular Front of India (PFI) and Former National President of Social Democratic Party of India (SDPI) in PMLA Case; Section 45 Twin Conditions Held Satisfied

Court’s decision The Delhi High Court granted regular bail to the applicant in ECIR/STF/17/2022, holding that the stringent twin conditions under Section 45 of the Prevention of Money Laundering Act,…
February 17, 2026
IBC
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Supreme Court of India: “IBC Cannot Restructure Ownership of Natural Resources” — Holds Spectrum Is Not a Corporate Asset; Licence and Spectrum Usage Dues Are Sovereign Considerations, Not Operational Debt; Government Dues Cannot Be Wiped Off in Insolvency

Court’s decision The Supreme Court of India allowed the appeals filed by the Union of India and set aside key findings of the National Company Law Appellate Tribunal (NCLAT), holding…
February 17, 2026