CCI Moves Supreme Court Against NCLAT Order Setting Aside ₹301.61 Crore Penalty On Grasim Industries

The Competition Commission of India has moved the Supreme Court against the National Company Law Appellate Tribunal's (NCLAT) decision setting aside its order imposing a ₹301.61 crore penalty on Grasim Industries Ltd. The penalty had been imposed for the company's alleged abuse of its dominant position in the market for the supply of viscose staple fibre (VSF) to spinners in India.The appeal filed on July 3 is yet to be listed before the apex court. A Bench of Judicial Member Justice Yogesh...

Former Reliance Power CFO Moves Supreme Court Against Bail Denial In ₹68.20 Crore PMLA Case

Former Reliance Power Ltd Chief Financial Officer Ashok Kumar Pal has moved the Supreme Court challenging the Delhi High Court's refusal to grant him regular bail in the Enforcement Directorate's money laundering case.The case arises from the alleged submission of forged bank guarantees worth ₹68.20 crore for a Solar Energy Corporation of India battery energy storage project.The special leave petition filed on June 30, 2026 is yet to be listed before the apex court. The case arises from an...

NSEL Moves Supreme Court Against HC Order Refusing Joint Trial In CBI Cases Over Alleged Payment Crisis

National Spot Exchange Ltd (NSEL) has moved the Supreme Court challenging the Bombay High Court's March 27, 2026 judgment refusing to direct a joint trial in two CBI cases arising out of the alleged NSEL payment crisis.NSEL argues that the cases stem from the same alleged fraudulent paired contracts. It says they involve the common accused, witnesses, and documents. The special leave petition, filed on June 19, 2026, is yet to be listed. The dispute concerns two CBI Special Cases pending...

Supreme Court Orders Status Quo On HC Direction To OMCs To Consider Dedicated Ethanol Plant's Higher Allocation Plea

The Supreme Court on Monday ordered that status quo be maintained while issuing notice on Bharat Petroleum Corporation Limited's (BPCL) special leave petition challenging a Karnataka High Court judgment concerning ethanol allocation for the Ethanol Supply Year (ESY) 2025-26. The High Court had directed the Oil Marketing Companies (OMCs) to decide VINP Distilleries' representation seeking additional ethanol allocation before finalising the tender. The status quo order effectively keeps in...

Supreme Court Appoints Former Judge Justice Abhay Oka As Mediator In IIFL Finance-Paramvir Developers Dispute

The Supreme Court on Monday appointed former Supreme Court judge Justice Abhay S. Oka as mediator to facilitate a settlement in a dispute between IIFL Finance Ltd. and a real estate developer over a Framework Agreement concerning the settlement of loan facilities. The agreement relates to the La Maison, Signature Suites, and Celyn real estate projects. A vacation bench of Justices K.V. Viswanathan and Shree Chandrashekhar passed the order while hearing IIFL Finance's special leave petition...

Supreme Court Allows Shareholder To Approach NCLAT Chairperson After Split Verdict On Stay Of India Power's CIRP

The Supreme Court on Wednesday allowed India Power Corporation Ltd.'s shareholder Pragya Jhunjhunwala to approach the National Company Law Appellate Tribunal (NCLAT) Chairperson for consideration of a reference arising from a split verdict on applications seeking an interim stay of the company's admission into insolvency proceedings. A vacation bench of Justices B.V. Nagarathna and Joymalya Bagchi disposed of the special leave petition. It reserved liberty to Jhunjhunwala to request the NCLAT...

Actor Jacqueline Fernandez Withdraws Plea In Supreme Court Against Framing Of Charges In ₹200 Crore PMLA Case

The Supreme Court on Thursday permitted actor Jacqueline Fernandez to withdraw her special leave petition challenging the order of the Special PMLA Court at Patiala House Courts. On May 30, 2026, the court had framed charges against her in the money laundering case arising out of the alleged ₹200 crore extortion racket involving alleged conman Sukesh Chandrasekhar. A vacation bench of Justices B.V. Nagarathna and Joymalya Bagchi allowed the plea to be withdrawn. This came after counsel...

IT Department Moves Supreme Court Against Delhi HC Order Quashing Reassessment Notices Against NDTV Founders

The Income Tax Department has challenged a Delhi High Court ruling that quashed reassessment proceedings against NDTV founders Dr. Prannoy Roy and Radhika Roy over interest-free loans received from RRPR Holdings Pvt. Ltd. The loans included about ₹21 crore advanced to Prannoy Roy and about ₹71 crore advanced to Radhika Roy.The Special Leave Petition is likely to be heard by a vacation bench of Justices R. Mahadevan and Alok Aradhe on June 30, 2026.The High Court judgment delivered by a Division...

Once Complaint Is Admitted, Arbitration Clause Cannot Oust Consumer Forum Jurisdiction: Supreme Court

The Supreme Court has held that a consumer who has invoked the Consumer Protection Act cannot be forced into arbitration merely because the underlying agreement contains an arbitration clause. It restored a homebuyer's complaint alleging delayed possession of a flat for adjudication on merits before a consumer forum. A Division Bench of Justices Vikram Nath and V. Mohana set aside orders of the consumer fora that had referred the dispute between T.K.A. Padmanabhan and Abhiyan Cooperative...

Supreme Court Stays Bombay HC Ruling Holding JSW Steel Not Liable For Sunken Barge Removal Costs

The Supreme Court on Friday stayed a Bombay High Court judgment that had held JSW Steel Ltd was not liable for the costs incurred in removing the wreck of the barge M.V. Satyam from Mumbai harbor. The High Court, in its April 10, 2026 judgment, had directed Mumbai Port Trust (MPT) to refund ₹4.09 crore, comprising the ₹70 lakh deposited by JSW Steel and the accrued interest, within six weeks. A bench of Justices S.V.N. Bhatti and Atul S. Chandurkar issued notice in the matter, while recording...

Supreme Court Stays Delhi High Court Order Restraining Use Of 'Medilice' Mark For Anti-Lice Hair Oil

The Supreme Court has stayed the Delhi High Court's December 2025 judgment that upheld a trial court's finding of trademark infringement against Kirit Bhadiadra in a dispute over the mark "Medilice." A Bench of Justice Ujjal Bhuyan and Justice Arun Palli, hearing the matter on June 18, observed that the controversy "would require a deeper scrutiny." The dispute is between Wings Pharmaceuticals Private Limited, which sells an anti-lice shampoo under the mark "Medilice," and Bhadiadra,...

Lending Public Money Without Efforts To Recover It Is 'Not Acceptable'; SC Issues Notice On Plea Seeking Probe Into JKM Infra

Calling it a "deep-rooted nexus" between banks, Asset Reconstruction Companies (ARCs), and borrowers, the Supreme Court on Friday said it was "not acceptable" for public money to be lent and then not effectively recovered. The remarks came as the Court issued notice on a PIL seeking a court-monitored probe into the settlement of JKM Infra Projects Ltd's ₹1,537 crore debt for ₹73.50 crore through the ARC route. A vacation bench of Chief Justice Surya Kant and Justice V. Mohana heard the matter...