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Publicaciones del Canal
High Court-Calcutta:
Whether refusal of an ex parte ad interim injunction under Section 9 of the Arbitration and Conciliation Act, 1996 is justified when the existence of a commercial dispute and the subsistence and scope of the arbitration agreement are themselves in issue?
Arbitration and Conciliation Act, 1996 – Section 9; Commercial Courts Act, 2015 – Section 2(1)(c)(vii), Section 2(1)(c)(xii) – Appeal against refusal of ex parte ad interim injunction in a Section 9 proceeding founded on three agreements alleged to constitute a joint venture/development arrangement. The appellant asserted existence of a commercial dispute and sought restraint against dealing with the subject immovable properties, while the respondents disputed both the jurisdiction of the...
Citation: (2026) ibclaw.in 4712 HC
Read More: https://ibclaw.in/dtc-projects-pvt-ltd-vs-ambud-buildcon-pvt-ltd-and-ors-calcutta-high-court/
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| 2 | High Court-Himachal Pradesh:
Whether an inordinate delay of 4 years and 66 days in filing an appeal can be condoned under Section 5 of the Limitation Act when material periods remain unexplained and the applicant seeks to attribute the delay to its earlier law firm?
Limitation Act, 1963 – Section 5; National Highways Act, 1956 – Section 3-G, Section 3-G(5); Arbitration and Conciliation Act – Section 34, Section 37 – Application for condonation of delay of 4 years and 66 days in filing appeal against judgment dismissing challenge to arbitral award enhancing land compensation. Held that condonation under Section 5 requires sufficient cause, and a liberal approach cannot be used to override the law of...
Citation: (2026) ibclaw.in 4580 HC
Read More: https://ibclaw.in/national-highway-authority-of-india-vs-jagdish-and-anr-himachal-pradesh-high-court/
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| 3 | High Court-Delhi:
Whether limitation for invocation of arbitration under Section 37 of the Arbitration and Conciliation Act, 1996, in a works contract governed by Clause 25 of the GCC, accrued on completion of work or only after exhaustion of the contractual dispute-resolution mechanism and extension-of-time approval?
Arbitration and Conciliation Act, 1996 – Section 34, Section 37; Limitation Act, 1963 – Article 18, Article 137 – issue was whether limitation for invoking arbitration in a works contract commenced from completion of work on 07.03.2016 or only after completion of the contractual dispute-resolution process under Clause 25 of the GCC. Held that Article 18 was inapplicable on the facts, since time for completion had subsequently been extended on...
Citation: (2026) ibclaw.in 5002 HC
Read More: https://ibclaw.in/delhi-tranporation-and-tourism-developlment-corporation-vs-sunehari-bagh-builders-pvt-ltd-delhi-high-court/
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| 4 | High Court-Delhi:
Whether a court under Sections 34 and 37 of the Arbitration and Conciliation Act, 1996 can set aside an arbitral award by reinterpreting the contract and reappreciating evidence when the arbitrator’s view is a possible one?
Arbitration and Conciliation Act, 1996 – Sections 34, 34(2)(b)(ii), 34(2A) and 37 – scope of judicial interference with arbitral award – turnkey contract – claim for payment for alleged additional work. Held that the arbitral tribunal is the final authority on contractual interpretation and appreciation of evidence, and a court under Section 34 cannot set aside an award merely because it prefers another interpretation or reassesses the evidence. In the...
Citation: (2026) ibclaw.in 5004 HC
Read More: https://ibclaw.in/otsuka-chemical-india-pvt-ltd-vs-trans-engineers-india-pvt-ltd-delhi-high-court/
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| 5 | High Court-Delhi:
Whether an arbitral award granting termination payment by treating the concessionaire’s disaggregation letter as overriding the contractual definition and ceiling of “Total Project Cost” under the Concession Agreement can be set aside under Section 34 of the Arbitration and Conciliation Act, 1996 on the ground of patent illegality?
Arbitration and Conciliation Act, 1996 – Sections 34, 34(2A), 34(3), 31(7), 31A, 43; Evidence Act, 1872 – Section 101; Code of Civil Procedure, 1908 – Order II Rule 2 – Petition under Section 34 challenging arbitral award – objection that petition was non-est and time-barred rejected where Court found that the petition had been initially filed within three months and later re-filings were only for curing registry defects, and even...
Citation: (2026) ibclaw.in 4209 HC
Read More: https://ibclaw.in/national-highways-authority-of-india-vs-kurukshetra-expressway-pvt-ltd-delhi-high-court/
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| 6 | High Court-Gauhati:
Whether the High Court can, in exercise of its inherent power under Section 528 of the Bharatiya Nagarik Suraksha Sanhita, 2023, permit compounding under Section 147 of the Negotiable Instruments Act, 1881 and set aside a conviction under Section 138 even after dismissal of the revision petition?
Negotiable Instruments Act, 1881 – Sections 138 and 147; Bharatiya Nagarik Suraksha Sanhita, 2023 – Section 528; Constitution of India – Article 227 – Issue was whether after conviction under Section 138 had been affirmed in appeal and the revision challenge had been dismissed, the High Court could still permit compounding on the basis of a subsequent settlement. Held that Section 147 of the Negotiable Instruments Act, 1881, by its...
Citation: (2026) ibclaw.in 4713 HC
Read More: https://ibclaw.in/debesh-goswami-vs-state-of-assam-and-anr-gauhati-high-court/
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| 7 | High Court-Rajasthan:
Whether a writ petitioner challenging police charges for assistance under Section 14 of the SARFAESI Act should be permitted to amend the petition to challenge the foundational circular?
Constitution of India – Article 226, Article 265; Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 – Section 14; Rajasthan Police Act, 2007 – Section 46; Rajasthan Police Rules, 2008 – Rule 10 – In a writ petition questioning recovery of charges by the Police Department for providing assistance during recovery of secured assets under Section 14 of the SARFAESI Act, the petitioner sought, in...
Citation: (2026) ibclaw.in 4889 HC
Read More: https://ibclaw.in/au-small-finance-bank-ltd-vs-state-of-rajasthan-rajasthan-high-court/
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| 8 | DRT-Chennai:
Whether applicants in a securitisation application can be permitted to raise an additional ground alleging violation of Rule 9(4) of the Security Interest (Enforcement) Rules, 2002 concerning non-payment of the balance sale consideration by the auction purchaser?
Security Interest (Enforcement) Rules, 2002, Rule 9(4), Rule 9(3) and Rule 9(5) – Interlocutory application in pending S.A. seeking leave to raise an additional ground that the auction purchaser had not deposited the balance 75% sale consideration within the prescribed period, thereby affecting validity of the auction sale. Held that at this stage the Tribunal was not required to decide the correctness of the proposed ground on merits, but only...
Citation: (2026) ibclaw.in 696 DRT
Read More: https://ibclaw.in/sadasivam-chinnathambi-and-ors-vs-authorised-officer-tamilnad-mercantile-bank-ltd-and-anr-drt-chennai/
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| 9 | High Court-Karnataka:
Whether, despite the curtailment of the statutory right of redemption under Section 13(8) of the SARFAESI Act after publication of the sale notice, the High Court can grant relief under Article 226 on exceptional facts where sale was not confirmed and the Bank acted during the subsistence of an interim order?
Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, Sections 13(4), 13(8) and 17; Security Interest Enforcement Rules, 2002, Rule 8(6); Constitution of India, Article 226 – challenge to e-auction sale notice and request to accept borrower’s payment higher than highest bid after publication of sale notice. Held that though, after the amendment to Section 13(8), the borrower’s statutory right of redemption stands curtailed once the...
Citation: (2026) ibclaw.in 4827 HC
Read More: https://ibclaw.in/sreedevi-infra-construction-pvt-ltd-and-ors-vs-canara-bank-and-ors-karnataka-high-court/
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| 10 | High Court-Andhra Pradesh:
Whether a registering authority can refuse to register an assignment agreement relating to a mortgaged property on the ground of a subsequent civil court attachment order?
Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002; Registration Act, 1908 – Issue was whether the registering authority could refuse registration of an assignment agreement concerning a mortgaged property because the civil court had subsequently passed an attachment order and the property had been included in the prohibited property list. Held that this Court had already held in earlier decisions that an attachment effected subsequent...
Citation: (2026) ibclaw.in 4352 HC
Read More: https://ibclaw.in/maximus-arc-ltd-vs-state-of-andhra-pradesh-and-ors-andhra-pradesh-high-court/
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| 11 | DRT-Madurai:
Whether a possession notice under Sections 13(2) and 13(4) of the SARFAESI Act can be set aside when the bank proves dispatch and publication of the demand notice, service and publication of the possession notice, and the borrower fails to substantiate objections to NPA classification and interest calculation?
Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 – Sections 13(2), 13(3A), 13(4), 17(1); Security Interest (Enforcement) Rules, 2002 – Rules 8(1), 8(2) – challenge to possession notice on grounds of non-service of demand notice, denial of opportunity to object, wrongful NPA classification, defective publication, and excessive interest. Held that the bank produced the original demand notice, postal receipts, returned covers, and newspaper publications showing...
Citation: (2026) ibclaw.in 684 DRT
Read More: https://ibclaw.in/p-chandrasekar-vs-bank-of-india-drt-madurai/
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| 12 | High Court-Delhi:
Whether interim protection under Section 9 of the Arbitration and Conciliation Act, 1996 can be granted to secure outstanding loan dues when the debt is already secured by a mortgaged property and proceedings under the SARFAESI Act are pending before the DRT?
Arbitration and Conciliation Act, 1996 – Sections 9(1)(ii)(b) and 37(1)(b); Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 – Sections 13(2) and 13(4) – appeal against dismissal of Section 9 petition seeking restraint on respondents from alienating their assets to secure outstanding loan dues – debt already secured by mortgage and SARFAESI proceedings pending before DRT – Held that once the property stood mortgaged, any...
Citation: (2026) ibclaw.in 5003 HC
Read More: https://ibclaw.in/axis-finance-ltd-vs-rishab-mago-and-ors-delhi-high-court/
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| 13 | High Court-Jharkhand:
Whether a secured creditor that auctions property under the SARFAESI Act, 2002 but fails to deliver physical possession within a reasonable time and later refunds the bid amount can be directed to pay interest on the retained amount despite absence of an express contractual or statutory stipulation and notwithstanding an undertaking by the auction purchaser not to raise future claims?
Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 Sections 13(3-A), 13(4), 14; Indian Contract Act, 1872 Section 19 – auction purchaser deposited full bid amount in Bank’s e-auction, but Bank failed to deliver physical possession for several months and later refunded the amount after obtaining an undertaking that no future claim would be raised – Bank contended that there was no stipulation for interest, that...
Citation: (2026) ibclaw.in 4500 HC
Read More: https://ibclaw.in/chief-manager-authorised-officer-bank-of-baroda-vs-shipra-shikha-jharkhand-high-court/
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| 14 | High Court-Madras:
Whether a secured creditor enforcing a mortgage of leasehold rights under Section 13(4) of the SARFAESI Act can invoke Article 226 to challenge SIPCOT's contractual cancellation of allotment and exercise of re-entry rights under the lease deed?
Constitution of India, Article 226; Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, Sections 13(2) and 13(4) – Challenge by secured creditor to SIPCOT’s cancellation of allotment and demand for surrender of industrial plot leased to borrower and mortgaged by deposit of title deeds. Held that the dispute arose from contractual rights under the registered lease deed and the extraordinary writ jurisdiction could not be...
Citation: (2026) ibclaw.in 4454 HC
Read More: https://ibclaw.in/karur-vysya-bank-ltd-vs-state-industries-promotion-corporation-of-tamil-nadu-ltd-and-ors-madras-high-court/
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| 15 | DRT-Ernakulam:
Whether a secured creditor can continue SARFAESI measures on the basis of a civil court decree after that decree has been stayed, and whether a fresh demand notice is required after proper quantification of the claim?
Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 – Sections 13(2), 13(4), 17(1) – Challenge to demand notice and possession notice where the bank had earlier obtained a civil court decree for a lesser amount than the suit claim and the decree was stayed in appeal. Held that though proceedings for adjudication of debt and securitisation proceedings can run concurrently and there is no absolute...
Citation: (2026) ibclaw.in 677 DRT
Read More: https://ibclaw.in/girija-nair-and-ors-vs-authorized-officer-south-indian-bank-drt-ernakulam/
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| 16 | High Court-Punjab and Haryana:
Whether a writ petition under Article 226 challenging SARFAESI auction measures is maintainable after the borrower has already availed remedies under Sections 17 and 18 of the SARFAESI Act and failed to comply with the mandatory pre-deposit under Section 18?
Constitution of India, Articles 226 and 227; Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, Sections 13(2), 13(4), 17 and 18 – Challenge to SARFAESI auction measures after dismissal of securitisation application by DRT and dismissal of appeal by DRAT for non-compliance with pre-deposit – maintainability of writ petition. Held that Section 18 makes pre-deposit a mandatory condition for entertaining an appeal, subject only to...
Citation: (2026) ibclaw.in 4614 HC
Read More: https://ibclaw.in/orchids-kids-paradise-education-society-and-ors-vs-au-small-finance-bank-ltd-punjab-haryana-high-court/
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| 17 | NCLT-Ahmedabad Bench:
Whether an application under Sections 95 and 100 of the Insolvency and Bankruptcy Code, 2016 against personal guarantors was maintainable where the guarantee was invoked through counsel, service was effected by email and speed post, and limitation was disputed on the basis of an earlier recall notice?
Insolvency and Bankruptcy Code, 2016 Sections 95, 99, 100, 101; Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Rules, 2019 Rule 7; Limitation Act, 1963 Article 137 and Section 18 – Petitions against personal guarantors were opposed on grounds of non-maintainability, invalid invocation through advocate, defective service, limitation based on an earlier recall notice, and infirmity in the Section 99 report....
Citation: (2026) ibclaw.in 2891 NCLT
Bench: Mr. Shammi Khan (Judicial Member) and Shri Sanjeev Sharma (Technical Member)
Read More: https://ibclaw.in/state-bank-of-india-vs-rupal-manish-patel-nclt-ahmedabad-bench/
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| 18 | NCLT-Kolkata Bench:
Whether amounts advanced under the addendum and loan agreements, despite an earlier profit-sharing MoU, constituted a financial debt under Section 5(7) of the Insolvency and Bankruptcy Code, 2016 and whether default was established for admission of a Section 7 application?
Insolvency and Bankruptcy Code, 2016 – Sections 4, 5(7), 7, 7(5)(a), 13(2), 14, 60(1); Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016 – Rule 4 – Issue was whether advances made by the applicant to the respondent were part of a joint venture under an earlier MoU or constituted financial debt under subsequent addendum and loan agreements. Held that Clause 19 of the loan agreement expressly made the loan...
Citation: (2026) ibclaw.in 3121 NCLT
Bench: Shri Labh Singh (Judicial Member) and Ms. Rekha Kantilal Shah (Technical Member)
Read More: https://ibclaw.in/stemztech-industries-pvt-ltd-vs-oscorp-industries-pvt-ltd-nclt-kolkata-bench/
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| 19 | NCLT-Chandigarh Bench:
Whether a Committee of Creditors-approved resolution plan under Section 30(6) of the Insolvency and Bankruptcy Code, 2016, together with subsequent addenda addressing an EPFO claim and allocation of avoidance recoveries, satisfied Section 30(2) and the CIRP Regulations for approval under Section 31(1)?
Insolvency and Bankruptcy Code, 2016 – Sections 29A, 30(2), 30(4), 30(6), 31(1), 43, 45, 50, 66; IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 – Regulations 37 to 39, 36B(4A), 39(4) – Application for approval of resolution plan as approved by CoC – plan of successful resolution applicant for Rs. 50 lakh was approved by CoC and later supplemented by addenda addressing a pre-CIRP EPFO claim and providing that...
Citation: (2026) ibclaw.in 3114 NCLT
Bench: Shri K. Biswal (Judicial Member) and Shri Shishir Agarwal (Technical Member)
Read More: https://ibclaw.in/rajeev-bhambri-rp-of-future-colonizers-construction-ltd-nclt-chandigarh-bench/
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| 20 | NCLT-Chandigarh Bench:
Whether the NCLT can exercise jurisdiction under Section 60(5) of the Insolvency and Bankruptcy Code, 2016 to decide a dispute for partition and demarcation of an admitted undivided share in joint land already pending before the Civil Court?
Insolvency and Bankruptcy Code, 2016 – Sections 14, 14(3), 60(5), 70, 208(2); National Company Law Tribunal Rules, 2016 – Rule 11 – Applicants, claiming a 09/49 undivided share measuring 0 Kanal 9 Marla out of Khasra No. 18/3, sought release of the land from the project of the corporate debtor, injunction, action against the IRP, and stay of CIRP proceedings, though they had already filed a civil suit for partition,...
Citation: (2026) ibclaw.in 3087 NCLT
Bench: Shri K. Biswal (Judicial Member) and Shri Shishir Agarwal (Technical Member)
Read More: https://ibclaw.in/ajay-kishore-aggarwal-and-anr-vs-rahul-jindal-irp-of-samar-estate-pvt-ltd-and-ors-nclt-chandigarh-bench/
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