A Division Bench of the Delhi High Court recently allowed restoration of an arbitral award, noting that it was not within the scope of the Single Judge u/s 34 of A&C Act to re-interpret the contract.
The Supreme Court, recently (October 9), while deciding over a discretionary order of the High Court granting the prayer for condonation of delay observed that such an exercise of discretion does, at.
The Court said that the SARFAESI Act creates a prioritization and says that the debts of the secured creditor are to be prioritised over any dues to the government or local authority.
The Allahabad High Court while dismissing contempt proceedings against New Okhla Industrial Development Authority’s (NOIDA) CEO & District Magistrate, Gautam Budh Nagar held that the Court in contempt.
A division bench of Justice Surya Kant and Justice JK Maheshwari also directed the magistrate’s court concerned to proceed with the trial in accordance with law.