In a landmark judgment, the apex court draws a clear line between investment and debt, protecting companies from insolvency proceedings by preference shareholders. NEW DELHI, October 28, 2025: The Supreme Court has delivered a significant verdict clarifying that holders of redeemable preference shares cannot be considered financial creditors under the Insolvency and Bankruptcy Code (IBC), 2016….
Mumbai, October 8, 2025: In a significant ruling, the Bombay High Court today dismissed a writ petition filed by Shripal Sevantilal Morakhia that sought to challenge an order merely “reserving” a matter for judgment by the National Company Law Tribunal (NCLT). The court not only rejected the petition as non-maintainable but also imposed a cost of…
Magistrate Directs Malwani Police to Investigate Allegations of Company Data Theft and Rs. 1.65 Crore Loss Mumbai, September 19, 2025: In a significant ruling, the Additional Chief Judicial Magistrate’s Court in Borivali has directed the Malwani Police Station to launch a formal investigation into a former Sales Manager accused of stealing sensitive company data, misappropriating funds,…
Bombay High Court Mumbai Metro Directed to Deposit Full Award Amount to Secure Stay, L&T Allowed to Withdraw Against Bank Guarantee Mumbai, October 10, 2025: The Bombay High Court has declined to grant an unconditional stay on a hefty arbitral award of approximately ₹250 crore in favour of a contractor for the Mumbai Metro Rail project….
Bombay High Court Slams “Abuse of Process,” Orders Probe into Unauthorized Slum School Mumbai, October 16, 2025: In a strongly-worded judgment, the Bombay High Court has dismissed a review petition filed by a doctor in a slum rehabilitation case, imposing a heavy cost of ₹5 lakh and initiating contempt of court proceedings against her for “suppression…
