News Update Supreme Court Overrules High Court’s Interference in CIRP Under IBC 5 Jan 2025 IBC as a Complete Code The Supreme Court, on January 2, disapproved of the Karnataka High Court’s intervention in the Corporate Insolvency Resolution Process (CIRP), emphasizing that the Insolvency and…
News Update Supreme Court Imposes ₹50,000 Costs on Food Corporation of India for Filing Frivolous SLP 10 Dec 202410 Dec 2024 On December 9, the Supreme Court dismissed a Special Leave Petition (SLP) filed by the Food Corporation of India (FCI) and its Divisional Manager, imposing a cost of ₹50,000 each…