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 Allows Appeal and Grants Specific Performance of Sale Agreement, Holds Mere Delay in Issuance of Legal Notice Not Fatal to Readiness and Willingness When Suit Filed Within Limitation 6 Jun 2026 In a judgment dated 27th May 2026, the Supreme Court of India allowed the Civil Appeal arising out of Special Leave Petition (Civil) No. 32390 of 2025 and set aside…