News Supreme Court of India: Functional disability must reflect real loss of earning—100% disability applied, compensation enhanced to ₹97.7 lakh RawlawMarch 20, 20265 min read Save
News Supreme Court of India clarifies guarantor liability in cash credit overdrawal — “Surety discharged only for excess beyond sanctioned limit under Section 133, not entirely” — Appeal allowed RawlawMarch 5, 20267 min read Save
News Supreme Court of India bars pre-award interest under railway contract — “Arbitrator is bound by contractual prohibition” — post-award interest reduced to 8% RawlawMarch 5, 20266 min read Save
News Supreme Court of India upholds Committee of Creditors’ commercial wisdom in SKS Power insolvency — “Clarifications are not modifications; courts cannot re-evaluate bids” — appeals by unsuccessful resolution applicants dismissed RawlawMarch 4, 20265 min read Save
News Supreme Court of India protects promotions granted under its earlier judgment — “High Court could not revisit or dilute finality of Supreme Court order”; relief confined to appellants RawlawMarch 4, 20265 min read Save
News Supreme Court of India clarifies surety liability under contract law — “Discharge under Section 133 is only for transactions after variance”; guarantors liable up to sanctioned limit RawlawMarch 3, 20265 min read Save
News Supreme Court of India holds arbitral tribunals cannot award pre-award interest barred by contract — “Section 31(7)(a) subordinates arbitral discretion to party agreement”; post-award interest reduced to 8% RawlawMarch 3, 20265 min read Save
News Supreme Court restores CIRP against corporate debtor despite pending scheme under Companies Act — “IBC prevails; defunct scheme cannot stall insolvency” — NCLAT order set aside RawlawFebruary 26, 20266 min read Save
News Supreme Court holds compensation under Haryana 2006 Rules deductible from Motor Vehicles Act award — “No double recovery for loss of income” — High Court’s clarification order set aside RawlawFebruary 26, 20265 min read Save
News Supreme Court restores Section 7 insolvency plea by debenture trustee — “Restructuring must comply with Debenture Trust Deed; unilateral emails cannot amend contract” — NCLT directed to admit CIRP RawlawFebruary 26, 20265 min read Save