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Non-Obstante Clause in Corporate Guarantee Does Not Bar Liability for Default Interest Beyond Capped Amount
NCLAT clarified that a non-obstante clause in a corporate guarantee capping liability does not bar the guarantor from paying default interest beyond the capped amount, reinforcing contractual obligations.
5 days ago3 min read


Refund of Security Deposit Not to be Treated as Acknowledgement of Debt; Section 9 IBC Application Barred by Limitation: NCLAT
NCLAT ruled that refund of security deposit does not extend limitation under Section 19 of the Limitation Act; therefore, the Section 9 IBC application was time-barred.
5 days ago3 min read


SC Collegium Recommends 26 Judges for Allahabad HC, Including SC Lawyers Garima Prashad & Swarupama Chaturvedi
The Supreme Court Collegium, on 1 September 2025, recommended the appointment of 26 individuals as judges of the Allahabad High Court, including four women and a balanced representation from the Bar and judiciary.
6 days ago2 min read


No Power to Recall Summoning Order in Revision; SICA Not a Shield Against Section 138 NI Act
In a judgment pronounced today, the Supreme Court ruled that revisional courts cannot recall summoning orders in Section 138 NI Act cases and clarified that SICA protection cannot shield against cheque dishonour prosecutions.
6 days ago3 min read


Misuse of Insolvency Framework: Repetitive Section 94 Petitions Cannot Stall SARFAESI Recovery
In an order passed today, NCLAT New Delhi ruled that repeated Section 94 IBC petitions after prior dismissal amount to misuse of the insolvency process and cannot stall SARFAESI recovery or invoke moratorium.
6 days ago3 min read
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