Supreme Court Deems Jamia Hamdard's Consent Of Affiliation Granted To HIMSR, Protects 49 PG Admissions

The top court said the direction was being issued in the peculiar facts of the arbitration dispute between two branches of the Hamdard family.

Byju's Parent Moves Supreme Court To Stall Second Tranche Of Aakash ₹240 Crore Rights Issue

Think & Learn Pvt. Ltd., which owns edtech major Byju's, has moved the Supreme Court against a National Company Law Appellate Tribunal (NCLAT) order that allowed Aakash Educational Services Ltd. to proceed with the second tranche of its Rs. 240 crore rights issue. The NCLAT permitted Think & Learn to apply for shares up to its original 25.75% entitlement. It also restrained Aakash from taking up any matter requiring a special resolution until the dispute is decided. A bench of Justices...

LiveLawBiz Arbitration Cases Weekly Digest : February 9 - February 15, 2026

Nominal Index A2Z Infraservices Ltd & Anr vs Quippo Infrastructure Ltd & Ors 2026 LLBiz SC 60Ankhim Holdings Pvt. Ltd. & Anr. versus Zaveri Construction Pvt. Ltd. 2026 LLBiz SC 53Aggarwal Sons v. Union of India and Others 2026 LLBiz HC (PNH) 8Airports Authority of India v. URC Construction (P) Ltd 2026 LLBiz HC (DEL) 146E-City Real Estates Pvt Ltd & ANR vs IMAX Corporation & Ors 2026 LLBiz SC 22Fresh and Healthy Enterprise Ltd v. Global AgriSystem Pvt Ltd & connected...

Mere Accounting Treatment Of Spectrum As 'Asset' Does Not Bring It Within IBC Framework: Supreme Court

The Supreme Court on Friday held that mere treatment of telecom spectrum as an “intangible asset” in the financial statements of telecom service providers (TSPs) does not bring it within the sweep of the Insolvency and Bankruptcy Code (IBC), observing that spectrum remains a natural resource held by the Union of India in public trust. “Merely because spectrum can be treated as an 'asset' on the basis of certain attributes, such as possession and usage, lease and assignment, claim and liability...

Bank's Classification Of Debt As NPA For Balance Sheet Purposes Not Decisive For Limitation Under IBC: Supreme Court

The Supreme Court on Thursday observed that the manner in which a bank classifies a loan as a non-performing asset for accounting or provisioning purposes does not determine the starting point of limitation under the Insolvency and Bankruptcy Code, particularly where the debt has been restructured and acknowledged in fresh agreements. “In our view, how a bank classifies its debt for managing its balance sheet is not a factor determining the starting point of limitation more so, when the debt...

IBC Cannot Override Telecom Laws Governing Spectrum Trading and Licence Dues: Supreme Court

The Supreme Court of India on Friday held that the Insolvency and Bankruptcy Code cannot be invoked to override the statutory framework governing telecom spectrum, ruling that spectrum trading conditions and licence dues mandated under telecom laws must be honoured notwithstanding insolvency proceedings. A bench of Justices PS Narasimha and Atul S. Chandurkar framing the key issue observed, “The question for our consideration is whether telecom service providers (TSPs), called upon to pay the...

DEEC Licence Must Be Valid On Date Of Warehouse Clearance To Claim Customs Exemption: Supreme Court

The Supreme Court of India has recently reiterated that in the case of warehoused goods, customs duty liability arises on the date of actual clearance from the warehouse, and an importer cannot claim exemption under a DEEC advance licence if the licence has expired by then.Upholding the High Court's decision, a bench of Justices Manmohan and Vipul M. Pancholi ruled that entitlement to exemption must subsist on the date duty is assessed. “From the aforesaid provisions, it is evident that the...

Supreme Court Says IBC Cannot Determine Ownership Of Telecom Spectrum, Calls It Material Resource Of Community

The Supreme Court on Friday held that the ownership and control of telecom spectrum cannot be determined by the Insolvency and Bankruptcy Code since it is a common good.A bench of Justices PS Narasimha and Atul S. Chandurkar held that the spectrum is a material resource of the community in the constitutional sense. It said the spectrum must benefit the common good, so its control has to be secured for the citizens.“IBC cannot be the guiding principle for restructuring the ownership and control...

Supreme Court Allows Himachal Government To Shift RERA Office From Shimla To Dharamshala, Stays HC Order

The Supreme Court on Thursday permitted the Himachal Pradesh Government to shift the office of the Real Estate Regulatory Authority (RERA) from Shimla to Dharamshala, staying the Himachal Pradesh High Court's order that had restrained the move. A Bench comprising the Chief Justice Suryakant and Justice Joymalya Bagchi directed that “operation of the impugned order shall remain stayed.” The Court further ordered, “The State is permitted to shift the office of RERA to the place of its choice...

Direction To Deposit Proceeds In Escrow Warranted Only In Limited Circumstances: Supreme Court

The Supreme Court has recently held that a direction to deposit proceeds in an escrow account cannot be issued as a matter of routine in arbitration dispute. The court observed that such an arrangement is ordinarily warranted only where the underlying contract providing for escrow is subsisting or where there is material to show that the party receiving the money is likely to divert it and lacks sufficient assets to satisfy the award if it goes against it. A Bench of Justices Manoj Misra...

Supreme Court Directs NHAI To Deposit 50% of ₹1,019 Crore Award In Vadodara-Mumbai Expressway Dispute

The Supreme Court has recently modified a Delhi High Court order that had directed the National Highways Authority of India to deposit the entire arbitral award of over Rs. 1,019 crore in its dispute with Vadodara Mumbai Expressway PKG-08 Pvt. Ltd., and instead ordered it to deposit 50% of the total amount referred to in its order. A bench of Justices J.B. Pardiwala and K.V. Viswanathan was hearing special leave petitions arising out of the High Court's November 19, 2025 order passed in...

Supreme Court Allows Product-To-Claim Mapping In Nivolumab Patent Dispute Between ER Squibb and Zydus

The Supreme Court on Wednesday disposed of a special leave petition filed by E.R. Squibb and Sons LLC against Zydus Lifesciences Ltd in a patent dispute over the anti-cancer immunotherapy drug Nivolumab, arising from a January 12 judgment of the Delhi High Court's Division Bench.A Bench of the Chief Justice Surya Kant and Justice Joymalya Bagchi noted that since Zydus had already marketed its product and it was readily available in the market, the petitioners would be at liberty to undertake a...