Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Calcutta High Court ruled that any lease executed during the pendency of a SARFAESI notice is void. The court granted an injunction to the auction purchaser, protecting their possession of the secured asset.
The Chhattisgarh High Court has granted interim protection to an educational society, directing the Municipal Corporation to decide on the society's property tax exemption objections within 60 days before initiating recovery actions. This decision emphasizes the need for timely administrative review process.
The Bombay High Court determined that auction sale certificates under the IBC are not subject to stamp duty, requiring only filing to be valid.
The Himachal Pradesh High Court dismissed appeals regarding pre-1988 benami purchases, enforcing Section 4 of the Benami Act, which bars such suits. This ruling clarifies the legislative intent of restricting claims on pre-1988 transactions due to the enactment of the Benami Act.
The Central Bureau of Investigation (CBI) has filed its 16th chargesheet in an ongoing investigation regarding alleged fraud against a builder and bank officials in Noida. This development signals a persistent effort to address homebuyers' grievances.
The Bombay High Court ruled that the moratorium under Section 14 of the IBC does not prevent deemed conveyance under Section 11 of the MOFA, restoring the society's application related to the matter.
The NCLT has admitted a Corporate Insolvency Resolution Process (CIRP) petition after determining that failure to deliver possession within the promised timeline constitutes financial default.
The NCLT has ruled that delays from RERA proceedings cannot bar homebuyers from initiating insolvency proceedings against developers.
The Karnataka High Court ruled that KPTCL cannot unilaterally revise supervision charges payable by consumers for self-executed electrical works. The court quashed a demand notice of ₹1.2 crore issued to Anushka Realty, emphasizing that any charge revision requires approval from the Karnataka Electricity Regulatory Commission (KERC).
The Kerala High Court ruled that SARFAESI recovery procedures do not require approval from the National Trust for properties of disabled wards, allowing petitioners to seek relief from the Debt Recovery Tribunal.
The Madras High Court has restrained construction of a church near a century-old temple, noting a pending civil suit and the need to maintain status quo until the resolution of the land dispute.
The Bombay High Court has referred the issue of delay condonation in landlords' revisions under the Maharashtra Rent Control Act to a larger bench. This follows a writ petition by a retired army officer seeking tenant eviction.