Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
FeaturedThe Supreme Court has ruled that a Securitisation Recovery Application (SRA) can proceed on outstanding dues, rejecting 'clean slate' argument where it would cause grave inequity to the creditor.
FeaturedPunjab and Haryana High Court mandates 2013 Compensation Act for NHAI projects where most landowners remain uncompensated.
FeaturedSupreme Court permits Securitisation Reconstruction Act (SRA) claims despite 'clean slate' principle. Creditor can defend against set-off claims based on original contract terms.
FeaturedSupreme Court permits a Securitisation Recovery Application after CIRP, rejecting 'clean slate' doctrine as a bar to dues arising from same contract.
FeaturedSupreme Court permits Securitisation and Reconstruction of Financial Assets (SRA) proceedings over IBC's 'clean slate' principle, citing creditor rights.
FeaturedSAFEMA allows PMLA attachment to continue without physical possession; transfer barred, rentals to FDs.
FeaturedSAFEMA Tribunal upholds PMLA attachment without physical possession, protecting occupancy rights until trial concludes.
FeaturedThe SAFEMA Tribunal upheld attachment of 45 properties under PMLA, ruling that even lawfully acquired or pre-crime assets may be attached if proceeds of crime are unavailable.
FeaturedThe Supreme Court has initiated a suo motu case concerning the proposed relocation of the 135-year-old Central Secretariat Library from Shastri Bhawan, New Delhi, amid the Central Vista redevelopment project. The matter is scheduled for hearing on October 5 before Justices PV Sanjay Kumar and Sanjeev Sachdeva, highlighting concerns over the preservation of a colonial-era institutional archive.
FeaturedThe Supreme Court is hearing a challenge to Madras High Court's order directing eviction of a private university from government land allotted for an open prison. The Court suggested the State consider alternative land allocation, balancing public interest and institutional rights.
FeaturedSC permits second Section 28-A application after High Court enhances compensation, citing merger doctrine.
FeaturedThe Supreme Court denied specific performance of a land sale agreement, citing limitation grounds and ordered a refund of part consideration with interest. This ruling highlights the importance of timelines in contractual obligations.