In the matter of: SU-KAM Power Systems Ltd. Vs. Mr. Kunwer Sachdev & Anr. CS (COMM)1155/2018 FACTS: The Suit was filed by the plaintiff company through its resolution professional under Order XIIIA of CPC for obtaining summary judgement against the defendant. The suit was filed for declaration, permanent injunction, damages and incidental reliefs. It was […]
Asset Reconstruction Company (I) Limited (ARCIL) Vs. Koteswara Rao Karuchola & Ors. (NCLAT, NEW DELHI) Company Appeal (AT) (Insolvency) No. 633 of 2018 ISSUE: The issue before the Court was whether a Company against which Money Laundering case has been initiated can be allowed to be the member of the Committee of Creditors. FACTS: A […]
Disputes arising out of immovable property “Actually used” in trade or commerce alone are commercial disputes: SC Case Title: Ambalal Sarabhai Enterprises Ltd. Vs. K.S. Infraspace LLP & Anr. Civil Appeal No. 7843 of 2019 Supreme Court dated 04.10.2019 The issue that came up before the Hon’ble Supreme Court was. “whether the transaction between […]