Joe Verghese and Ors. Vs. Omega Hospitals Pvt. Ltd. and Ors

NCLAT, New Delhi passed interim orders in these appeals that arose from a judgment delivered by NCLT in two Petitions of Oppression and Mismanagement filed by two group of directors against each other. First, on account of the deadlock in the management and the board, the NCLAT appointed an independent Chairperson to run the affairs […]

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Oct 26, 2021
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C and C Construction Ltd. vs. Power Grid Corporation of India Ltd. MANU/NL/0274/2021

The firm represented the Ministry of External Affairs in these proceedings before NCLAT, New Delhi which challenged refusal by the Bank to honour Bank Guarantees worth more than 100 crores issued by a Joint Venture (JV) of two Companies, one of which was facing insolvency proceedings before NCLT, New Delhi. The JV was a contractor […]

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Oct 26, 2021
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Ajit Kumar Bhuyan vs. Debajit Das & Others and connected cases. AIR2019SC492; (2019)12SCC275; MANU/SC/1190/2018; 2018(14) SCALE168.

In a recent judgment, the Supreme Court set aside an out of turn promotion given to an Engineer in Assam PWD by superseding hundreds of senior eligible engineers. The court reiterated the well settled principle that “Fraud vitiates every action and cannot be kept under the carpet on the ground that the action challenged was […]

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Oct 26, 2021
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Fortune Infrastructure vs. Trevor D’Lima. (2018) 5 SCC 442.

Supreme Court held for the first time that the allottee of a flat can be entitled to compensation for delay from the Builder on the basis of prevailing market value of similar flats in the vicinity.   Read News Related to this Case:  Hindustan Times Vakilno1.com Watch Blog Related to this Case:  India Business Law […]

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Oct 26, 2021
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