News Update… Supreme Court Clarifies: DRT Recovery Certificate Not Equivalent to Decree for Issuing Insolvency Notice Under Presidency Towns Insolvency Act 13 Jul 2026 The Supreme Court has held that a recovery certificate issued by a Debts Recovery Tribunal (DRT) under the Recovery of Debts and Bankruptcy Act, 1993 (pre-2016 amendment) cannot form the…
News Update… Supreme Court Dismisses Appeal for Late Production of Documents in Commercial Suit – Strict Adherence to CCA Timelines Reiterated 10 Jul 2026 The Supreme Court upheld the rejection of an application to file additional documents at a belated stage, underscoring the Commercial Courts Act, 2015’s (CCA) emphasis on expeditious resolution of disputes.…
News Update… Supreme Court Quashes Advocate’s Inclusion in IBA Caution List – Limits List to Fraud Cases; Reinforces Bar Councils’ Exclusive Disciplinary Role 7 Jul 20267 Jul 2026 The Supreme Court allowed the appeal of advocate Ajay Vijh and directed immediate removal of his name from the Indian Banks’ Association (IBA) Caution List. Background Ajay Vijh, a panel…
News Update Calcutta High Court Upholds SBI’s Mandatory Learning Policy Linked to Allowances – No Violation of Rights 6 Jul 2026 Justice Raja Basu Chowdhury dismissed a writ petition filed by the All India State Bank Officers’ Federation challenging circulars dated 30.04.2021 and 02.06.2021 that link reimbursement of certain allowances (conveyance,…
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