Supreme Court
Bank Cannot Remit Funds Contrary To Customer Mandate: Supreme Court Upholds Madras HC Ruling Against Canara Bank
The Supreme Court on Tuesday held that Canara Bank could not unilaterally divert funds contrary to the instructions of its customer while deciding a dispute arising from a remittance transaction involving Archean Industries Pvt Ltd, Canara Bank Overseas Branch, and Goltens Dubai. A Bench of Justices J.B. Pardiwala and R. Mahadevan was hearing cross appeals arising from a judgment of the Madras High Court dated August 16, 2021. Holding that Canara Bank could not have remitted the amount to the...
Supreme Court Allows Zoomcar To File GST Appeal After Rajasthan HC Disposed Its Writ Without Granting Liberty
The Supreme Court has recently permitted Zoomcar India Pvt. Ltd., a car-sharing platform, to file a statutory appeal against GST assessment orders arising from proceedings for the financial year 2019–20, after the Rajasthan High Court disposed of its writ petitions without granting liberty to pursue the appellate remedy. A bench comprising Justice J.B. Pardiwala and Justice K.V. Viswanathan was dealing with special leave petitions challenging the Rajasthan High Court's orders, which had...
Shareholder Ratification Cannot Wipe Out Liability For Violation Of SEBI Regulations: Supreme Court
The Supreme Court on Tuesday observed that violations of SEBI regulations cannot be nullified through shareholder ratification, observing that regulatory breaches affecting multiple stakeholders must face statutory consequences.A bench of Justices J.B. Pardiwala and K.V. Viswanathan while setting aside the order dated June 2, 2022 passed by the Securities Appellate Tribunal, which had set aside penalties imposed by SEBI on Terrascope Ventures Ltd and its directors.“SEBI's Regulations...
LiveLawBiz Arbitration Weekly Digest: March 9 - March 14, 2026
Nominal Index R.V. Anderson Associates Ltd. v. Municipal Corporation of Greater Mumbai, Supreme Court, 2026 LLBiz SC 106Central Warehousing Corporation v. Indo Arya Logistics (A Unit of Indo Arya Central Transport Ltd.), 2026 LLBiz HC (DEL) 252Synergy Consultants v. M/s T.D. Williamson India Pvt. Ltd., 2026 LLBiz HC (DEL) 244Man Industries (India) Limited v. GAIL (India) Limited, 2026 LLBiz HC (DEL) 258SARR Freights Corporation & Anr. v. Argo Coral Maritime Ltd., 2026 LLBiz HC (DEL) 259Cosco...
Supreme Court Directs Court-Appointed Administrator To Seek Fresh Fee Quotes For Forensic Audit In Venus Petrochemicals Case
The Supreme Court recently directed the court-appointed administrator of Venus Petrochemicals (Bombay) Private Limited to obtain quotations from local forensic firms and appoint a suitable forensic auditor after the appellant company objected to the professional fee quoted by the auditor earlier appointed by the court. A bench of Justice Sanjay Kumar and Justice K. Vinod Chandran passed the order while disposing of an interlocutory application in a pending civil appeal. The grievance raised in...
Supreme Court Sets Aside NCDRC Order, Says Homebuyers Who Chose RERA Cannot Later Approach Consumer Forum
The Supreme Court has recently held that where complainants had elected to pursue the remedy available under the Real Estate (Regulation and Development) Act, 2016, before the Real Estate Regulatory Authority and withdrew their complaint with liberty to file a fresh complaint before the Authority, they could not thereafter opt for the remedy available under the Consumer Protection Act for the same cause of action. A Division Bench of Justices Sanjay Kumar and K. Vinod Chandran set aside an...
Supreme Court Dismisses Revenue SLP In DLF Case, Declines To Interfere With Deletion Of ₹80.66 Crore Income Tax Disallowance
The Supreme Court of India recently dismissed a Special Leave Petition filed by the revenue challenging a judgment of the Delhi High Court which had granted relief to DLF Home Developers Ltd. by deleting a disallowance of Rs 80.66 crore made under Section 14A of the Income-tax Act. Section 14A of the Income Tax Act disallows deduction of expenditure incurred in relation to income which does not form part of the total taxable income, and Rule 8D of the Income Tax Rules prescribes the method for...
Supreme Court Directs Status Quo In Zenlab-Latros Pharmaceuticals Trademark Dispute Over “ZENOVIT”
The Supreme Court recently directed the parties to maintain the status quo in a trademark dispute between Zenlab India and Latros Pharmaceuticals Pvt. Ltd., while asking the trial court to expeditiously decide the pending suits. A bench of Justices Pamidighantam Sri Narasimha and Alok Aradhe passed the order while allowing an appeal filed by Zenlab challenging a judgment of the Bombay High Court dated February 16, 2022, which had granted an injunction in favour of Latros. “In view of above,...
Supreme Court Grants Anticipatory Bail To Businessman Accused Of Supplying Bottles And Caps For Spurious Liquor
The Supreme Court on Tuesday granted anticipatory bail to a businessman accused of supplying plastic bottles, caps bearing government labels and cardboard boxes allegedly used for bottling spurious liquor. The Court noted that he was not initially named in the FIR and that no raid had been conducted at his place of business.A bench of Justices Prashant Kumar Mishra and N.V. Anjaria allowed the appeal filed by Manoj Kumar Mutta and set aside the Andhra Pradesh High Court's order dated December 5,...
Supreme Court Reserves Verdict In Filmmaker Sujoy Ghosh's Plea To Quash Copyright Case Over Film Kahaani 2
The Supreme Court on Tuesday reserved its judgment in a plea filed by filmmaker Sujoy Ghosh seeking the quashing of criminal proceedings alleging copyright infringement in connection with the film Kahaani 2, which was declined by the Jharkhand High Court. A bench of Justices Pamidighantam Sri Narasimha and Alok Aradhe heard the matter and reserved the verdict. Earlier, on July 2, 2025, the court issued notice and granted interim relief by dispensing with Ghosh's personal appearance before...
Courts Must Be Slow To Grant Interim Relief In Tender Matters: Supreme Court
The Supreme Court recently set aside an interim order passed by the Karnataka High Court directing revision of ethanol allocation in favour of VINP Distilleries and Sugars Pvt. Ltd. under a government tender for the Ethanol Supply Year (ESY) 2025–26, observing that courts should exercise caution while granting interim relief in contractual and tender matters. “In matters relating to contracts/tenders writ courts should remain circumspect and slow in passing interim orders which may have the...