insolvency

Supreme Court holds NCLT cannot review benami attachment during insolvency — “IBC is not a parallel appellate forum over sovereign confiscation” — liquidators’ appeals dismissed with ₹5 lakh costs each

Court’s decision The Supreme Court dismissed a batch of appeals filed by liquidators challenging provisional attachment orders passed under the Prohibition of Benami Property Transactions Act, 1988. Affirming concurrent findings…
rayon fashion

Bombay High Court dismisses Bombay Rayon Fashion Ltd appeal in work injury case — “No substantial question of law under Section 30; 50% functional disability and interest from date of accident upheld”, compensation release directed

Court’s decision The Bombay High Court dismissed a First Appeal filed under Section 30 of the Employees’ Compensation Act, 1923, challenging the order of the Commissioner for Workmen Compensation dated…