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Israr Ahmad Khan v. Amarnath Prasad & Ors.; Md. Hanif v. Amarnath Prasad & Ors.
The Supreme Court held that wilful non-compliance with its final order, even pending a defective review petition, constitutes contempt, and third parties aiding such breach are also liable.
Omkara Assets Reconstruction Private Limited v. Amit Chaturvedi and Ors.
The Supreme Court held that a defunct Scheme of Arrangement under the Companies Act cannot bar initiation of insolvency proceedings under the IBC, affirming the overriding effect of the IBC and allowing the CIRP to proceed.
S. Rajendran v. Deputy Commissioner of Income Tax (Benami Prohibition)
The Supreme Court held that challenges to attachment orders under the Benami Act cannot be entertained by insolvency tribunals under the IBC, affirming the exclusive jurisdiction of Benami Act authorities and dismissing the appeals.
Reliance General Insurance Company Limited v. Kanika & Ors.
The Supreme Court held that compensation under the Motor Vehicles Act must be reduced by amounts equivalent to pay and allowances received under the 2006 Rules to avoid double recovery, and that a High Court cannot alter substantive compensation via clarification applications.
Catalyst Trusteeship Ltd. v. Ecstasy Realty Pvt. Ltd.
The Supreme Court held that an insolvency petition under Section 7 of the IBC must be admitted upon proof of default in financial debt, and that unilateral restructuring without prescribed consent does not prevent default or bind all debenture holders.
Oriental Insurance Company Limited v. Tata AIG General Insurance Company Limited and Ors.
The Supreme Court held that the insurer of the truck is liable for the claimant's injury as the truck driver negligently failed to maintain a safe distance from the trailer, reversing the High Court's order.