Supreme court
Supreme Court Upholds JSW Steel's Resolution Plan For Bhushan Power & Steel, Says JSW Can't Be Penalised For Reviving Loss-Making Entity
The Supreme Court today upheld the resolution plan of JSW Steel Ltd for Bhushan Power and Steel Ltd (BPSL) and rejected the objections raised by the ex-promoters and certain creditors of BPSL.Allowing the appeals after JSW has revived the loss-making entity by infusing huge amounts of funds will lead to "diastrous results", the Court said.A bench comprising Chief Justice of India BR...
Bank's Failure To Disclose Encumbrances Of Property In Auction Notice Invalidates Sale : Supreme Court Orders Refund To Auction Purchaser
The Supreme Court on Thursday (Sep.25) quashed the auction by the Corporation Bank of a prime property located in Delhi, as the Bank failed to disclose the liability attached to the property in the e-auction. The bench of Justices Sanjay Kumar and Alok Aradhe emphasized that strict adherence to procedural safeguards is mandatory in public auctions to ensure the integrity of the debt...
Supreme Court Daily Round-Up : September 25, 2025
Links of today's reports :'Day-to-Day Trial Practice Must Be Revived In Sensitive Cases' : Supreme Court Gives Guidelines To Courts On Speedy TrialStates Cannot Use Weapon Of Taxation To Discriminate Against Goods Imported From Other States : Supreme Court'Calling Judiciary Biggest Hurdle To Viksit Bharat Is Troubling': Senior Advocate Vikas Pahwa On Sanjeev Sanyal's Remarks'Duty-Free Import...
No Need For Pre-Cognizance Summons To Accused In S.138 NI Act Case : Supreme Court Issues Directions For Speedy Trial Of Cheque Bounce Cases
In a significant judgment, the Supreme Court held that an accused need not be heard at the pre-cognizance stage of complaints filed for dishonour of cheque as per Section 138 of the Negotiable Instruments Act.The Court agreed with the Karnataka High Court's judgment in Ashok Vs. Fayaz Aahmad, that there is no requirement to issue summons to the accused at the pre-cognizance stage under...
S.138 NI Act - Cheque Bounce Case Maintainable Even For Cash Loan Above ₹20,000 : Supreme Court Sets Aside Kerala High Court Ruling
The Supreme Court on Thursday (September 25) set aside the judgment of the Kerala High Court which held that a debt created by a cash transaction above Rupees Twenty Thousand in violation of the Income Tax (IT) Act, 1961 cannot be considered as a "legally enforceable debt" under Section 138 of the Negotiable Instruments Act.A bench comprising Justice Manmohan and Justice NV Anjaria,...
'Interest Charged By Builder Can Be Granted To Buyer' : Supreme Court Enhances Interest Payable On Delayed Handover Of Plot
In an interesting order, the Supreme Court granted relief to homebuyers by enhancing interest from 9% to 18% for the delayed handover of a plot possession, observing that a builder who imposes 18% interest on buyers for delayed payments cannot evade the same liability when failing to deliver possession on time to the consumer. “there is no principle of law that interest in default charged...
Offences Of 'Cheating' & 'Criminal Breach Of Trust' Cannot Co-Exist On Same Allegations : Supreme Court
The Supreme Court observed that the offence of criminal breach of trust and cheating cannot co-exist on the basis of same allegations. The Court said that the offence of cheating (S.420 IPC/S.318 BNS) involves criminal intention from inception; however, for criminal breach of trust (S.406 IPC/S.316 BNS), there is lawful entrustment at the beginning, which is later misappropriated.So, both...
Maintenance & Welfare Of Senior Citizens Act | Age To Be Determined Based On Date Of Application : Supreme Court
The Supreme Court has clarified that the relevant date to determine whether a person qualifies as a “senior citizen” under the Maintenance and Welfare of Parents and Senior Citizens Act, 2007 is the date of filing of the application before the Maintenance Tribunal, not the date of adjudication.A Bench of Justices Vikram Nath and Sandeep Mehta held so while allowing the appeal of...
Criminal Law Can't Be Used To Settle Civil Disputes Or Wreak Vengeance : Supreme Court
The Supreme Court on Wednesday (Sep.24) quashed a criminal case against an individual against whom an FIR was registered in a pure civil dispute by giving it a criminal color. The Court deprecated the growing use of criminal prosecution as a tool for harassment in purely commercial disputes. “Even if the allegations are assumed to be true, they unmistakably arise out of a commercial...
Child Can Be Evicted From Senior Citizen Parent's Property If There's Breach Of Obligation To Maintain Parents : Supreme Court
The Supreme Court reiterated that a Tribunal under the Maintenance and Welfare of Parents and Senior Citizens Act, 2007, has the power to order the eviction of a child from the property of the senior citizen, if there is a breach of obligation to maintain the senior citizen.A Bench of Justices Vikram Nath and Sandeep Mehta allowed the appeal filed by 80-year-old man and his 78-year-old wife,...
